Month: November 2025
Asia markets track Wall Street’s stunning reversal in AI-related stocks
A woman uses her mobile phone as she walks past the logo of Japan’s telecommunications giant SoftBank in Tokyo on December 25, 2013. Toru Yamanaka | Afp | Getty Images Tech conglomerate SoftBank plunged more than 10% Friday amid losses across the region’s key benchmarks, after U.S. tech stocks lost ground and investors’ hopes dimmed […]
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SoftBank sinks over 10% as Nvidia-fueled rout sweeps Asian chip names
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty Images A sector-wide pullback hit Asian chip stocks Friday, led by a steep decline in SoftBank, after Nvidia‘s sharp drop overnight defied its stronger-than-expected earnings and bullish outlook. SoftBank plunged more […]
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CNBC Daily Open: From AI enthusiasm to bubble worries in one day
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 20, 2025. Brendan McDermid | Reuters U.S. stocks delivered one of their sharpest mood swings in months on Thursday. The Nasdaq Composite ended down 2.16% after spending the morning stateside up as much as 2.6%. The wild […]
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Japan October exports massively beat estimates on robust growth in shipments to Asia and Europe
Shipping container loads dock at Tokyo Bay. Sopa Images | Lightrocket | Getty Images Japan’s exports in October massively beat expectations, government data on Friday showed, as shipments to Europe and Asia saw robust growth. Exports grew 3.6% year on year compared with expectations of a 1.1% growth by economists polled by Reuters. However, growth […]
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‘Hassle’ and ‘humiliation’: What it’s like traveling with a weak passport
Alex from South Africa lives in Singapore and frequently travels overseas for business and pleasure. But her passport is a big deterrent to free-and-easy travel — so much so that she is willing to “gladly” trade it for another. “If someone offered me a different passport, or my children a different passport, I would grab […]
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Stock futures edge higher after market drops on renewed AI fears: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on November 20, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images Stock futures edged higher Thursday night after major averages tumbled on a dramatic sell-off in artificial intelligence names. Futures tied to the Dow Jones Industrial Average […]
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Japan’s core inflation in October rises to a 3-month high, supporting the case for rate hikes
Customers check out vegetables and other groceries at a supermarket in Tokyo on June 20, 2025. Kazuhiro Nogi | Afp | Getty Images Japan’s core inflation in October rose at its sharpest rate since July, in line with market estimates on Friday, supporting the case for interest rate hikes by the Bank of Japan. Core […]
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OpenAI taps iPhone assembler Foxconn to manufacture data center components in U.S.
OpenAI is partnering with Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, to design and build artificial intelligence data center components in the U.S., the AI startup’s latest announcement tied to its massive infrastructure development plans. While no financial terms were disclosed, OpenAI said in Thursday’s announcement that it will have early access to evaluate […]
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Is Jack Ma back? Inside the rise, fall and return of China’s tech mogul
Alibaba co-founder Jack Ma is widely regarded as one of China’s most prominent business figures, but his journey hasn’t been without setbacks. Jack Ma is regarded as one of China’s most prominent business figures. His rise from a modest background to co-founding one of China’s earliest e-commerce companies brought both Alibaba and Ma global recognition. The journey has not been without setbacks, however. Ma’s sudden retreat from public view […]
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Stocks making the biggest moves after hours: Intuit, Gap, Ross Stores and more
Check out the companies making headlines in after-hours trading. Intuit — Intuit shares jumped more than 3% on the back of strong first-quarter results. The software company earned $3.34 per share, on an adjusted basis, while analysts polled by FactSet expected $3.09 per share. Revenue came out at $3.89 billion for the period, exceeding the […]
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