CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares of SoftBank Group jumped on Thursday as blockbuster earnings from Nvidia overnight signal strong momentum in the artificial…
CNBC’s Jim Cramer said that semiconductor stocks have become the market’s new center of gravity because they are the drivers of the artificial intelligence boom. “It’s a new era,” the “Mad Money” host said. “Semis are now in charge. Software is taking a back seat.” The comments came after Nvidia reported quarterly earnings Wednesday evening…
U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on April 29, 2026. Li Rui | Xinhua News Agency | Getty Images A majority of Federal Reserve officials at their most recent meeting anticipated that interest rate increases would be necessary if the Iran war continued to aggravate…
An Alibaba logo is displayed at the company’s booth at China International Fair for Trade in Services (CIFTIS) in Beijing, China, Sept. 10, 2025. Maxim Shemetov | Reuters CHONGQING, China — Alibaba announced Wednesday its new artificial intelligence chip is three times more powerful than its predecessor, as rival Nvidia struggles to get its advanced…
A trader works at his desk on the floor of the New York Stock Exchange (NYSE) in New York on May 19, 2026. Timothy A. Clary | Afp | Getty Images U.S. Treasurys have entered a “danger zone” as surging long-term yields raise fears that sticky inflation and hawkish rate expectations could begin spilling over…
An employee smiles while looking at her mobile phone in front of a digital board showing the Korea Composite Stock Price Index (KOSPI) at the Korea Exchange (KRX) in Seoul, South Korea, on April 21, 2026. Chris Jung | Nurphoto | Getty Images North Asian markets are outperforming those in the south of the continent,…
Bird’s-eye view of central Tokyo including Tokyo Tower at sunrise hours. Vladimir Zakharov | Moment | Getty Images Asia-Pacific markets were poised to open mixed Wednesday as investors weighed elevated bond yields and renewed geopolitical tensions after U.S. President Donald Trump said he was “an hour away” from deciding whether to attack Iran on Tuesday…
The Thailand-flagged cargo ship Mayuree Naree engulfed in black smoke in the Strait of Hormuz, March 11, 2026. Reuters For companies operating in the Middle East, the difference between a covered loss and an uninsured one may come down to a single word: war. Many businesses in the region bought insurance that protects against terrorism…
US President Donald Trump speaks during a healthcare affordability event in the South Court Auditorium of The White House in Washington, DC, on May 18, 2026. Kent Nishimura | AFP | Getty Images LONDON — European stocks opened broadly higher on Tuesday as traders assess the geopolitical landscape and developments in the Middle East. By…
APA Corporation’s Beryl Alpha oil platform in the North Sea. Courtesy: APA Corporation Oil prices fell Tuesday after U.S. President Donald Trump said he would postpone a planned military strike on Iran following requests from key Middle Eastern leaders, easing fears of an imminent escalation that could disrupt global crude supplies. International benchmark Brent crude futures for…
