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Tag: Markets

Berkshire unloads another chunk of Bank of America as CEO Moynihan lauds Buffett as great shareholder

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBCWarren Buffett's Berkshire Hathaway offloaded another chunk...

Here’s why September and October are historically weak for stocks

José Luis Gutiérrez | iStock PhotoWhy are September and October historically weak for stocks? For answers, I turned to Mark Higgins, senior vice president...

Treasury yields move lower ahead of two key inflation reports this week

Treasury yields dipped on Wednesday as investors awaited the release of U.S. inflation data for clues on the size of a potential interest...

China’s AI models lag their U.S. counterparts by 6 to 9 months, says former head of Google China

Kai-Fu Lee, chairman and chief executive officer of Sinovation Ventures, speaks during the HICOOL Global Entrepreneur Summit on September 11, 2021 in Beijing,...

Commerzbank shares jump 18% after Unicredit buys 4.5% stake from the German government

A customer enters a Commerzbank AG bank branch in Berlin, Germany, on Tuesday, Aug. 6, 2024.Bloomberg | Bloomberg | Getty ImagesCommerzbank shares jumped...

CNBC Daily Open: Lower rates might hurt banks

JP Morgan headquarters at Canary Wharf financial district at the heart of Canary Wharf financial district on 6th February 2024 in London,...

European businesses in China reach a ‘tipping point’ on whether to invest more

A Chinese flag flutters on top of the Great Hall of the People ahead of the opening ceremony of the Belt and Road...

Asia-Pacific markets open lower after gains on Wall Street; Japan and South Korea data in focus

The upscale shopping district of Ginza in Tokyo, Japan, on Saturday, May 4, 2024. Bloomberg | Bloomberg | Getty ImagesAsia-Pacific markets opened lower on Wednesday,...

Oracle is designing a data center that would be powered by three small nuclear reactors

A view of Oracle's headquarters in Redwood Shores, California, on Sept. 11, 2023.Justin Sullivan | Getty ImagesOracle chairman and co-founder Larry Ellison had...

Bank stock woes hold back the overall market, but Starbucks’ new CEO is full steam ahead

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

Two key inflation reports this week will help decide the size of the Fed’s interest rate cut

People shop at a store in Brooklyn on August 14, 2024 in New York City. Spencer Platt | Getty ImagesThe Federal Reserve gets its...

Economic ‘misery index’ that’s predicted every election winner since 1980 looking good for Harris, but it’s close

In this combination of photos taken in Pennsylvania, Democratic presidential nominee Vice President Kamala Harris speaks at a campaign event, Aug. 18, 2024,...

Why a Wall Street downgrade of Costco is not a reason to sell the stock

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Tuesday's...

Jamie Dimon says ‘the worst outcome is stagflation,’ a scenario he’s not taking off the table

Jamie Dimon, Chairman and Chief Executive officer (CEO) of JPMorgan Chase & Co. (JPM) speaks to the Economic Club of New York in...

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