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Tag: Markets

CNBC Daily Open: More all-time highs? Yes please

Traders work on the floor of the NYSE. NYSEThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings...

China optimism is surging. Why some investors are cautious

A shareholder at a securities hall in Hangzhou, the capital of Zhejiang province in east China, on Sept. 24, 2024.Cfoto | Future Publishing...

Hong Kong’s New World Development shares surge 23% after CEO resigns

Signage at the New World Tower, which houses the headquarters of New World Development Co., in Hong Kong, China, on Thursday, Sept. 26,...

OpenAI CFO tells investors funding round should close by next week despite executive departures

OpenAI's Sora AI tool allows users to create AI-generated videos from text-based inputs.Costfoto | Nurphoto | Getty ImagesOpenAI CFO Sarah Friar is looking...

China’s industrial profits plunge by 17.8% in August from a year ago

Excavators transfer coal at the coal terminal in China's eastern Jiangsu province on January 22, 2024.Str | Afp | Getty ImagesChina's industrial profits...

CNBC Daily Open: A high of all-time highs

Traders work on the floor of the NYSE. NYSEThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings...

We’re upping our price target on Costco after another steady quarter fortifies our thesis

Costco on Thursday reported ho-hum quarterly results, with a small topline miss being more than offset by strong profitability to deliver an earnings...

Asia-Pacific markets set to extend gains amid China stimulus optimism; Hong Kong to rise 3% on open

Crimson clouds light up the skyline of Victoria Harbour on July 14, 2022 in Hong Kong, China.Li Zhihua | China News Service |...

The Fed slashed interest rates last week, but Treasury yields are rising. What’s going on?

Construction work is done around the Federal Reserve building on September 17, 2024 in Washington, DC. Anna Moneymaker | Getty Images News | Getty...

Wealthy investors support Harris over Trump, new survey says

Vice President and Democratic presidential candidate Kamala Harris speaks at the Philip Chosky Theatre during a campaign event in Pittsburgh, Pennsylvania, on September...

David Tepper says the Fed has to cut rates at least two or three more times to keep credibility

David Tepper, founder and president of Appaloosa Management.David Orrell | CNBCAppaloosa Management's David Tepper said investors should believe the Federal Reserve when...

Southwest Airlines raises summer revenue forecast, authorizes $2.5 billion in share buybacks

A Southwest Boeing 737 is at Phoenix Sky Harbor International Airport in Arizona, USA, on July 2, 2024. Robert Smith | Nurphoto | Getty...

China’s Xi and top leaders call for halting real estate decline, responding to public concerns

Builders step up construction in Yuexi County, Anqing city, Anhui province, China, on Sept 25, 2024.Cfoto | Future Publishing | Getty ImagesBEIJING —...

Swiss central bank cuts rates by a quarter point in third trim this year

A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21, 2024. Denis Balibouse |...

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