Samsung Electronics, SK Hynix shares tumble over 9% as chip rout spreads from Wall Street
Shares of Samsung Electronics and SK Hynix plummeted more than 7% in early Thursday trading.
7/2/2026
90%
OpenAI proposes 5% stake to Trump administration to ease Washington pressure: report
Trump said in June that the U.S. taking an ownership stake in AI giants would be "a beautiful thing" and make American public "partners in this revolution."
7/2/2026
70%
Tank maker KNDS postpones IPO amid market struggles for defense
Shareholders of the Amsterdam-based company have decided the process to IPO will proceed "upon the return of more favorable market conditions," KNDS said.
7/2/2026
80%
Russia launches massive strike on Ukraine as Poland scrambles jets, Finland restricts airspace
The Russian defence ministry said that it launched a "massive strike using long-range precision air, land, and sea-based weapons and attack drones."
7/2/2026
80%
CNBC Daily Open: Chips are down, OpenAI's woos the White House, and Russia strikes
Global stocks take their cue from a chip-led sell-off on Wall Street as OpenAI reportedly considers selling a stake to the U.S. government.
7/2/2026
60%