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CNBC Daily Open: Nvidia posts strong quarter, as AI leaders race to IPO

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Stocks rally back with the Dow jumping more than 600 points as rate and oil fears ease.

Nvidia says it has ‘largely conceded’ China’s AI chip market to Huawei

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Nvidia CEO Jensen Huang said the company has "largely conceded" China's advanced artificial intelligence chip market to Huawei.

TikTok and YouTube 'not safe enough' for kids, says Ofcom

YouTube said it worked with experts to provide appropriate experiences. TikTok said it was disappointed Ofcom had not acknowledged its safety features.

SoftBank Group shares soar over 16% as Nvidia earnings signal strong AI momentum

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SoftBank Group is closely tied to the AI boom through its stake in Arm Holdings, whose chip designs are used in AI servers and data centers powered by Nvidia systems.

Inside India newsletter: India’s investment appeal dims as firms and funds pivot to the U.S.

AI-driven growth and 'America-first' policies are pulling global capital to the U.S., challenging India's appeal as the fastest-growing economy.

Hogs Close Wednesday with Weakness

Lean hog futures closed the Wednesday session with contracts 17 cents to $1 lower across most months. USDA’s national base hog price was reported at $93.76 on Wednesday afternoon, down $1.11 from the day prior. The CME Lean Hog Index was up 5 cents on May 18 at $90.55. USDA’s...

Corn Falls Back on Wednesday

Corn futures saw midweek pressure on Wednesday, with contracts down 2 ½ to 9 ½ cents at the close. The CmdtyView national average Cash Corn price was down 9 1/2 cents to $4.26 1/2. Crude oil losses of $5.07 is adding pressure as US and Iran negotiations are reportedly in...

Cotton Closes Mostly Lower on Wednesday

Cotton futures posted losses of 6 to 73 points across most 2026 and 2027 contracts, with some deferred contracts up 13 to 29 points. The US dollar index was $0.304 higher at $99.570. Crude oil losses of $5.07 is adding pressure as US and Iran negotiations are reportedly in the...

Soybeans Correct Back Lower on Wednesday

Soybeans closed with 4 ¼ to 12 cent losses across most contracts on Wednesday. The cmdtyView national average Cash Bean price was down 9 1/4 cents at $11.37 3/4. Soymeal futures were down a dime to $1.40 on the day, with Soy Oil futures 32 to 78 points lower. Crude...

Japan exports jump 14.8% in April, handily beating expectations

The figure outperformed the 9.3% estimate from Reuters, and accelerated from the 11.5% rise in March.