U.S. President Donald Trump wears a “Gulf of America” hat as he boards Air Force One to depart for Florida, at Joint Base Andrews, Maryland, U.S., July 1, 2025. Evelyn Hockstein | ReutersPresident Donald Trump said he will speak to Russian President Vladimir Putin on Thursday at 10 a.m. ET.The call comes two days after the U.S. said it would halt some missile and ammunitions shipments to Ukraine, which continues to fight off invading Russian forces.U.S. Defense Secretary Pete Hegseth ordered the pause weeks after ordering a review of America’s munitions stockpile, sources told NBC News.White House spokeswoman Anna Kelly…
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Hello, this is Amala Balakrishner, writing from Singapore. This week, I examine the outlook for Indian equities for the second half of the year and how it compares to its other Asian market peers.Daily activity in Old Delhi shows congestion, overpopulation and lifestyleDanny Lehman | The Image Bank | Getty ImagesThis report is from this week’s CNBC’s “Inside India” newsletter, which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here.Each weekday, CNBC’s “Inside India” news show gives you news and market commentary on the…
Check out the companies making headlines in premarket trading: Synopsys , Cadence Design Systems — Shares of the Silicon Valley chip designers rallied more than 5% and 6%, respectively. The U.S. government lifted restrictions on exporting chip-design software to China, according to announcements from companies in the industry. Datadog — The cloud monitoring provider surged more than 9% after S & P Global added it to the S & P 500 index , effective before trading starts July 9. The move will force passive index funds to buy Datadog shares to reflect the composition of the underlying benchmark index. Tripadvisor…
People move through Newark Liberty International Airport following a news conference by Transportation Secretary Sean Duffy at the airport, where he announced the reopening of a major runway at the airport, nearly two weeks ahead of schedule on June 2, 2025 in Newark, New Jersey. Spencer Platt | Getty ImagesMillions of travelers are expected to fly over the July 4 holiday period, but the outlook for the rest of the year still looks murky as airlines wrestle with too many flights and not enough demand.”The summer is on sale, which certainly implies lower fares,” Southwest Airlines CEO Bob Jordan said…
Mitch Graham (C) inquires about jobs at Triton Recovery during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena on April 30, 2025 in Sunrise, Florida. Joe Raedle | Getty ImagesJob growth proved better than expected in June, as the labor market showed surprising resilience and likely taking a July interest rate cut off the table.Nonfarm payrolls increased a seasonally adjusted 147,000 for the month, higher than the estimate for 110,000 and just above the upwardly revised 144,000 in May, the Bureau of Labor Statistics reported Thursday. April’s tally also saw a small upward revision, now…
Pictured here is the Ernie bot mobile interface, with the Baidu search engine home page in the background.Future Publishing | Future Publishing | Getty ImagesChinese tech giant Baidu has bolstered its core search platform with artificial intelligence in the biggest overhaul of the product in 10 years.Analysts told CNBC the move was a bid to keep ahead of fast-moving rivals like DeepSeek, rather than traditional search players.”There has been some small pressure on the search business but the focus on AI and Ernie Bot is a key move ahead,” Dan Ives, global head of tech research at Wedbush Securities, told…
People stand in front of an Apple store in Beijing, China, on April 9, 2025.Tingshu Wang | ReutersApple iPhone sales in China rose in the second quarter of the year for the first time in two years, Counterpoint Research said, as the tech giant looks to turnaround its business in one of its most critical markets.Sales of iPhones in China jumped 8% year-on-year in the three months to the end of June, according to Counterpoint Research. It’s the first time Apple has recorded growth in China since the second quarter of 2023.Apple’s performance was boosted by promotions in May as…
Workers at a Thai Son S.P. Co. garment factory endeavor to produce products for global clients, in Thu Duc, Ho Chi Minh, Vietnam, on June 21, 2025.Daniel Ceng | Anadolu | Getty ImagesGlobal attention turned to Vietnam on Thursday, after U.S. President Donald Trump announced a trade deal with Hanoi just days before Washington’s reciprocal tariffs come back in full force.Under the agreement, the U.S. will apply a 20% duty on Vietnamese imports — sharply below the 46% rate Trump had imposed in early April. U.S. imports to Vietnam will meanwhile not be subject to tariffs.Trump also said that Vietnam…
As the second half of the year kicks off, BTIG’s list of recommended stock picks could win big. The first half of 2025 was marred by raging volatility resulting from President Donald Trump’s universal tariff policies and armed conflict in the Middle East. But stocks have more than made up for heightened uncertainty, with the S & P 500 bouncing back more than 20% from the April low to reach three all-time highs in the past four sessions. Goldman Sachs noted that this marked the index’s fastest recovery ever from a decline of more than 15%. Now Goldman is optimistic…
Investors may find “boring” stocks a safer bet heading into the second half of the year, according to Jeff Kilburg, founder and CEO of KKM Financial. Markets were plagued by heightened volatility at the end of the first quarter and the start of the second, as fear and uncertainty stemming from President Donald Trump’s trade war spread. Stocks reached their lows of the year in early April, shortly after Trump announced his universal tariff policies. While stocks have recovered their losses since then — with the S & P 500 closing Wednesday 25% above its April closing low — Kilburg…
