Top News - CNBC

1. U.S. says Strait of Hormuz is 'free and open' as Bessent says deal with Iran is close

2. SoftBank jumps 10% as Asia tech stocks track Wall Street AI rally

3. SpaceX's AI spending unnerves Wall Street despite promises of quick payoff

4. AMD's revenue climbs 50% and data center sales doubled, but the stock is down

5. Michael Burry bets against rally: 'We are near a major top, and possible a 1987-type fall'

6. China's super-rich 'in shock' and hunting for cash as Beijing issues surprise tax on offshore trusts

7. The stock market soars. 5 reasons behind the big surge Tuesday

8. Why Michigan voters are hearing 'communist' as they vote Tuesday

9. Europe's heatwave isn't cooling Asian travelers' holiday plans for the continent

10. Jim Cramer says one hedge fund's collapse cleared the way for tech's rally

11. How the 'Baby iPhone' and an Apple supplier leak explain China's recent supply chain moves

12. CNBC's The China Connection newsletter: AI wins come with an old investor risk

13. Sen. Susan Collins will oppose Blanche, a critical blow for Trump's AG pick

14. Takaichi’s fiscal push could lift growth — and Japan’s already-rising interest bill

15. Paramount Skydance raises full-year profit guidance, remains 'confident' about WBD merger

16. An overlooked player in data center buildout delivers once again

17. Chipotle stock falls on potential link to salmonella outbreak in Minnesota

18. Lucid begins 'operational reset' as CEO says EV maker will delay midsize vehicle

19. Pinterest shares fall on lukewarm sales guidance

20. Oil prices tumble after Bessent says Strait of Hormuz deal may come this week