CNBC Daily Open: Markets rally on hopes of Iran-U.S. Strait of Hormuz deal

U.S. Treasury Secretary Scott Bessent told CNBC that Iran and the U.S. could reach a deal to open the Strait of Hormuz by Wednesday.

U.S. Treasury Secretary Scott Bessent told CNBC that Iran and the U.S. could reach a deal to open the Strait of Hormuz by Wednesday.

SpaceX shares plunged on Wednesday after a surge in AI spending rattled investors and clouded an otherwise expectation-beating quarter. The stock was down over 10% in premarket trading. In SpaceX's first earnings report as a public company on Tuesday, Elon Mu…

A former U.S. ambassador argues the $3.8 billion in annual security assistance to Israel yields unmatched returns in intelligence and missile defense.
Delray Beach, FL, Aug. 05, 2026 (GLOBE NEWSWIRE) -- MarketsandMarkets™ projects the global Europe Indoor Air & Gas Ring Main Unit Market size is projected to reach USD 0.30 billion by 2031, from USD 0.23 billion in 2026, at a CAGR of 5.7%, underpinned by a st…
SpaceX dives 10% after AI spending surge rattles investorsCNBC Stock Market Today: Stock Futures Tick Up, SpaceX Stock Slips Off-Hours — Live UpdatesWSJ Elon Musk delivers 'totally nuts' plans for moon robots and insists $1 trillion revenue target will hit bu…