Tag: Markets

Major global chip stocks rally on Micron’s 15% surge; ASML up 4%

Global chip makers are in focus amid a boom in artificial intelligence applications. Sefa Ozel | E+ | Getty ImagesGlobal chip stocks rallied on...

CNBC Daily Open: AI-adjacent companies may be the next big play

Inside one of Equinix's internal operations at Equinix Data Center in Ashburn, Virginia, on May 9, 2024. Amanda Andrade-Rhoades | The Washington Post |...

SK Hynix announces mass production of updated AI chip, spurring rally in Asian semiconductor stocks

SK Hynix Inc. signage at the company's office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is scheduled to release...

CNBC Daily Open: Time to look at AI-adjacent plays

An Amazon Web Services data center in Stone Ridge, Virginia, US, on Sunday, July 28, 2024. Nathan Howard | Bloomberg | Getty ImagesThis report...

Markets across Asia rebound; Chinese markets set to extend gains

Red flags fly at Tiananmen Square in Beijing, China, on Wednesday, July 10, 2024. Bloomberg | Bloomberg | Getty ImagesAsia-Pacific markets rose on Thursday,...

China needs more than rate cuts to boost economic growth

A China Resources property under construction in Nanjing, Jiangsu province, China, Sept 24, 2024. Cfoto | Future Publishing | Getty ImagesBEIJING — China's slowing...

CNBC Daily Open: It might be better economic data isn’t all rosy

People shop at a home improvement store on August 14, 2024, in New York City. Spencer Platt | Getty ImagesThis report is from today's...

Asia-Pacific markets set for mixed open; Hong Kong’s Hang Seng poised to rise 4%

A General view showing the Hong Kong Skyline in Hong Kong, Saturday, May 22, 2021. (Photo by Vernon Yuen/NurPhoto via Getty Images)Nurphoto |...

Meet the Latin American e-commerce platform that’s outperforming Amazon this year

One of the world's largest e-commerce companies is emerging as a top pick on Wall Street as investors look for tech opportunities beyond...

Why Nvidia stock is surging, and the lesson to be learned from Home Depot’s rally

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last...

Nvidia shares pop as CEO may be done selling shares after hitting preset plan limit

Nvidia CEO Jensen Huang talks onstage with Salesforce CEO Marc Benioff during Salesforce's Dreamforce on September 17, 2024 in San Francisco, California. Justin Sullivan...

U.S. Steel CEO defends planned sale to Japan’s Nippon, believes deal will ‘close on its merits’

U.S. Steel CEO David Burritt on Tuesday defended the company's planned sale to Japan's Nippon Steel, expressing confidence that the deal will "close...