Day: June 24, 2024
Julian Assange has reached a plea deal with the U.S., allowing him to go free
LONDON, ENGLAND – MAY 19: Julian Assange gestures as he speaks to the media from the balcony of the Embassy Of Ecuador on May 19, 2017 in London, England. Photo by Jack Taylor/Getty Images) Jack Taylor | Getty Images News | Getty Images WikiLeaks founder Julian Assange plans to plead guilty as part of a plea […]
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This stock is ‘one of the cheapest ways’ to play India’s infrastructure boom, fund manager says
Infrastructure is booming in India, as the Asian giant is raising its spending substantially in this area. Investments in this market are also paying off — infrastructure funds are generating top returns. Those who prefer to pick stocks in emerging markets such as India and who want to go purely into infrastructure may be wondering […]
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OpenAI walks back controversial stock sale policies, will treat current and former employees the same
OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. Jason Redmond | AFP | Getty Images OpenAI has reversed its policies toward secondary share sales, and will now allow current and former employees to participate equally in annual tender offers, CNBC has learned. The […]
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Stock futures are little changed after Nasdaq Composite registers worst day since April: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 24, 2024. Brendan McDermid | Reuters Stock futures were flat in overnight trading after a selloff in favored technology names brought the Nasdaq Composite to its worst day since April. Futures tied to the Dow Jones Industrial […]
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Oracle warns that a TikTok ban would hurt business
Oracle CEO Safra Catz, center, departs following a meeting on Capitol Hill in Washington on June 18, 2024. Chief executives from major companies including Palantir Technologies and Oracle Corp. met with senators at the Capitol Tuesday to press for US support of Israel amid its invasion of Gaza, while seeking a way to release hostages […]
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Nvidia slides 13% in three days after briefly becoming most valuable company
Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024. Ann Wang | Reuters Since briefly becoming the world’s most valuable company last week, Nvidia has dropped for three consecutive trading days and is now down 13% from its peak. Monday’s slide was the chipmaker’s second-steepest […]
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Here’s how Wall Street is playing fixed income in the second half of the year
Fixed-income investors may want to consider making a few tweaks to their portfolio as the second half of the year gets underway. Despite earlier predictions of multiple interest rate cuts this year, the Federal Reserve has held the federal funds rate steady at the range of 5.25% to 5.50%. But the central bank is expected […]
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Bitcoin drops to $60,000 stage to start the week: CNBC Crypto Earth
ShareShare Report by way of FbShare Posting by using TwitterShare Posting via LinkedInShare Report via E mail CNBC Crypto Environment capabilities the most current news and each day investing updates from the digital currency marketplaces and offers viewers with a glance at what is forward with superior-profile interviews, explainers, and exceptional stories from the ever-changing […]
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Novo Nordisk to build $4.1 billion North Carolina facility to boost output of Wegovy, Ozempic
Novo Nordisk’s new manufacturing facility in Clayton, North Carolina. Courtesy: Novo Nordisk Novo Nordisk on Monday said it will spend $4.1 billion to build a new manufacturing plant in Clayton, North Carolina, in a bid to boost the supply of its blockbuster weight loss drug Wegovy, diabetes treatment Ozempic and other injectable therapies. Demand for […]
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Disney’s ‘Inside Out 2’ could be the first billion-dollar movie of 2024
In Disney and Pixar’s “Inside Out 2,” Riley’s Sense of Self is made up of all of her beliefs, each of which can be heard with the pluck of a string. Sadness (voice of Phyllis Smith) and Joy (voice of Amy Poehler) deliver key memories to this formative land. Disney | Pixar Disney and Pixar’s […]
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