Month: December 2024
CNBC Pro Talks: Will AI stocks push higher in 2025? Nvidia investor shares his outlook
Enthusiasm for artificial intelligence has propelled stock markets to all-time highs in 2024. While some are cautious and flag risk ahead, fund manager Stephen Yiu and his Blue Whale Growth Fund remain invested in many of the stocks behind the rally, including Nvidia . On CNBC’s Pro Talks, Silvia Amaro will ask the outperforming investor where he […]
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PDD’s Temu app tops U.S. iOS downloads for second year running amid greater scrutiny of China companies
Jaque Silva | Nurphoto | Getty Images Temu, the popular e-commerce app owned by China’s PDD Holdings, topped Apple’s list of the most downloaded free apps on its U.S. iOS store for the second year running, highlighting the massive success that Chinese apps are enjoying in the world’s largest consumer market. ByteDance’s TikTok came in […]
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Germany’s auto giants were already reeling. Now Trump wants to turn them into American companies
Republican Presidential candidate, former U.S. President Donald Trump speaks to attendees during a campaign rally at the Johnny Mercer Theatre on September 24, 2024 in Savannah, Georgia. Brandon Bell | Getty Images President-elect Donald Trump’s pledge to impose a blanket tariff on all goods coming into the U.S. could wreak havoc for European carmakers, with […]
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South Korea political turmoil presents investment opportunities, says U.S. investor
The recent political turmoil in South Korea looks set to be short-lived, according to fund manager Arjun Jayaraman, who said there are opportunities for investors in the country. The portfolio manager at U.S.-based investment firm Causeway Capital Management added that risks around the South Korean stock market were now priced in, following a failed attempt […]
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European markets set for lower open as central banks take center stage
European markets are heading for a negative open Tuesday as central banks take center stage this week. The U.K.’s FTSE 100 index is expected to open 18 points lower at 8,240, Germany’s DAX down 22 points at 20,291, France’s CAC down 12 points at 7,342 and Italy’s FTSE MIB down 129 points at 34,618, according to […]
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Trump picks China critic Glass as Japan envoy
American and Japan flags waving against the sky. Adventtr | Istock | Getty Images U.S. President-elect Donald Trump said on Monday he was picking George Glass, a former investment banker and diplomat notable for his criticisms of China, to serve as his ambassador to Japan. “In my First Term, George was the U.S. Ambassador to Portugal. As a […]
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Travel brands need localization strategy to serve Asia-Pacific customers: Traveloka
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk Box Asia Caesar Indra, president of travel platform Traveloka, discusses the findings in its study of trends expected to shape 2025. 03:42 21 minutes ago Source
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Facebook-parent Meta settles with Australia’s privacy watchdog over Cambridge Analytica lawsuit
In an aerial view, people gather in front of a sign posted at Meta headquarters in Menlo Park, California, July 7, 2023. Justin Sullivan | Getty Images Meta Platforms has agreed to a A$50 million settlement ($31.85 million), Australia’s privacy watchdog said on Tuesday, closing long-drawn, expensive legal proceedings for the Facebook parent over the Cambridge Analytica scandal. […]
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Indonesia’s protectionist policies aimed at attracting tech investment may backfire, economists warn
Apple CEO Tim Cook (center) speaking alongside Indonesian Minister of Communication and Information Budi Arie Setiadi (right) and Indonesian Minister of Industry Agus Gumiwang Kartasasmita during a press conference after meeting with Indonesia’s President Joko Widodo at the Merdeka Palace in Jakarta on April 17, 2024. Bay Ismoyo | Afp | Getty Images Indonesia’s efforts […]
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CNBC Daily Open: Nasdaq hits high despite Nvidia lagging behind
The Nvidia office on November 20, 2024 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You […]
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