Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. U.S. markets rebounded on Wednesday as traders signaled hope that Washington and Tehran can eventually reach a ceasefire agreement. However, overall sentiment on Wall Street is waning, with economists raising their risk assessments of a U.S. recession…
New Mexico is continuing to seek changes from Meta following a jury’s decision to hold the company liable for failing to safeguard children on its platforms, Attorney General Raúl Torrez told CNBC on Wednesday. “We’re going to be asking for injunctive relief,” Torrez said on CNBC’s “Squawk Box” about the next phase of the trial…
A New Mexico state court jury on Tuesday held Meta liable for nearly $400 million in civil damages after a trial where the state attorney general accused the Facebook and Instagram operator of failing to safeguard kids who use its apps from child predators. The civil trial, which began with opening arguments in Santa Fe…
OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026, in Washington. Anna Moneymaker | Getty Images In a document that resembles an IPO prospectus, OpenAI said its close ties with Microsoft could be a potential risk to its business, telling investors that the software company is responsible for “a substantial…
Elon Musk arrives at federal court on March 4, 2026 in San Francisco, California. Josh Edelson | Getty Images A jury in California found that Elon Musk misled Twitter shareholders during the runup to his $44 billion acquisition of the social media company, according to a verdict issued on Friday. Total damages could reach up…
Omar Marques | Lightrocket | Getty Images Cryptocurrency trading platform Crypto.com announced Thursday that it is laying off 12% of its staff as the company integrates artificial intelligence. “We are joining the list of companies integrating enterprise-wide AI. Companies that do not make this pivot immediately will fail,” CEO Kris Marszalek posted on X. “As…
Sanjay Mehrotra, president and chief executive officer of Micron Technology Inc., during a groundbreaking ceremony for the new Micron Technology Inc. semiconductor manufacturing facility in Clay, New York, US, on Friday, Jan. 16, 2026. Heather Ainsworth | Bloomberg | Getty Images Micron saw its stock triple in 2025, and it’s up nearly 62% so far…
The Manus logo is displayed on a smartphone screen, with the Meta logo visible in the background. Cheng Xin | Getty Images News | Getty Images Artificial intelligence start-up Manus, recently acquired by Meta, launched a new desktop application Monday that brings its AI agent directly onto personal laptops. The company’s general agent — which…
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images South Korea’s Kospi led gains in Asia markets on Wednesday as investors assess Japan trade data and track developments in the Middle East. A fresh wave of attacks on the United Arab Emirates’ energy infrastructure has heightened…
Australia Matteo Colombo | Digitalvision | Getty Images Asia-Pacific markets jumped on Tuesday as investors monitor the latest developments in the Iran war, with U.S. President Donald Trump looking to delay his meeting with Chinese President Xi Jinping by “a month or so” due to the Middle East conflict. Trump was expected to travel to…