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%

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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%

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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%

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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%

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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%

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