European stocks to open in negative territory as oil prices gain

European stocks are expected to open in negative territory on Thursday as regional market sentiment declines.
Justin Trudeau tells CNBC that international organizations may no longer be fit for purpose. Watch live

Canada has sought to recalibrate its diplomatic relationships amid the geopolitical shifts triggered by the Trump administration.
Microsoft looked at buying Cursor before SpaceX deal, sources say

Prior to SpaceX’s announcement that it’s agreed to a potential purchase of Cursor, Microsoft looked at buying the AI coding startup.
Step aside Tesla, BYD: Japanese carmakers deepen their hold on India’s auto market with hybrids

In the world’s third-largest auto market, demand for hybrid cars is racing ahead of EVs, deepening the hold of Japanese carmakers in India.
Asia markets open higher as Iran ceasefire extension lifts mood

Investors found some relief after Trump prolonged a ceasefire with Iran, sending U.S. stocks higher and setting up a positive open across Asia.
Meta is tracking employee keystrokes on Google, LinkedIn, Wikipedia as part of AI training initiative

As part of an AI initiative that tracks employee keystrokes and mouse clicks, Meta is monitoring use of popular sites like Google, LinkedIn and Wikipedia.
SK Hynix posts record first-quarter profit, in line with estimates as memory prices climb

SK Hynix posted yet another quarter of record profit and revenue, as prices for its products continue to surge amid strong AI demand.
U.S. Navy Secretary John Phelan leaving Trump administration: Pentagon

Secretary of the Navy John Phelan is leaving the Trump administration “effective immediately,” a spokesman for the Department of Defense said.
IBM CEO Krishna says Iran, other uncertainty is weighing on company’s outlook

IBM CEO Arvind Krishna said he expects others to quickly catch up to the power and performance of Anthropic’s Mythos AI model.
Lululemon names former Nike exec Heidi O’Neill as new CEO

Lululemon announced on Wednesday that it has chosen former Nike executive Heidi O’Neill as its new CEO, effective in September.