Month: November 2024
These ‘best-in-class’ stocks are rising fast so buy them quickly, Bank of America says
Analysts at Bank of America say there is a host of buy-rated stocks set to outperform heading into the remainder of 2024. The Wall Street investment bank says these companies are best positioned to gain and are firing on all cylinders. CNBC Pro combed through Bank of America research to find stocks the bank believes […]
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What is Bluesky, the fast-growing social platform welcoming fleeing X users?
Jakub Porzycki/ | Nurphoto | Getty Images Disgruntled X users are again flocking to Bluesky, a newer social media platform that grew out of the former Twitter before billionaire Elon Musk took it over in 2022. While it remains small compared to established online spaces such as X, it has emerged as an alternative for […]
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Russia pumping gas via Ukraine but volumes to Austria cut
Last week, Gazprom accused Ukraine of withholding gas supplies destined for Moldova and threatened to reduce those flows, although Ukraine denied the accusation. Kirill Kudryavtsev | Afp | Getty Images Russian gas giant Gazprom continued to pump steady volumes of gas to Europe via Ukraine on Saturday, but supplies to Austrian energy company OMV were […]
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China willing to be partners, friends with US, Chinese envoy says
The national flags of the United States and China flutter at the Fairmont Peace Hotel on April 25, 2024 in Shanghai, China. Wang Gang | Visual China Group | Getty Images China is willing to be partners and friends with the United States, China’s ambassador to Washington said, seeking to strengthen dialogue between the world’s […]
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T-Mobile hacked in massive Chinese breach of telecom networks, WSJ reports
A person walks by a T-Mobile retail store on May 28, 2024 in San Francisco, California. Justin Sullivan | Getty Images T-Mobile‘s network was among the systems hacked in a damaging Chinese cyber-espionage operation that gained entry into multiple U.S. and international telecommunications companies, The Wall Street Journal reported on Friday citing people familiar with […]
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Space stocks saw big gains this week in part due to ‘Trump-Elon trade’ rally, analysts say
A hot fire test of an Archimedes engine, which powers the company’s Neutron rocket. Rocket Lab This past week saw several pure-play space stocks rally, with leaders up as much as 20% or more, in part driven by what sector analysts said is a “Trump-Elon trade,” a nod to the relationship between President-elect Donald Trump […]
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McDonald’s to invest over $100 million to speed up recovery after E. coli outbreak
A Quarter Pounder with cheese, fries and a drink arranged at a McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images In the wake of last month’s E. coli outbreak tied to McDonald’s slivered onions, the fast food giant said it will invest over $100 million […]
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Jake Paul, Mike Tyson fight breaks record for biggest boxing gate outside of Las Vegas
(L-R) Mike Tyson, Nakisa Bidarian and Jake Paul pose onstage during the Jake Paul vs. Mike Tyson Boxing match press conference at Texas Live! in Arlington, Texas, on May 16, 2024. Cooper Neill | Getty Images The highly anticipated boxing match between Jake Paul and Mike Tyson has already secured its place in the record […]
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Wall Street looks for Nvidia to take the baton from election trades to keep rally alive in the week ahead
What exactly President-elect Donald Trump’s second term means for the stock market will be the question investors continue to grapple with in the week ahead. Nvidia earnings results will also be on deck as investors deal with stubbornly high interest rates as well. The postelection rally took a pause this week, with all three major averages […]
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Bitcoin rises over 16% in a week on hopes of crypto-friendly U.S. policy: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Will Peck, […]
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