Day: January 7, 2026
CLSA recommends these 8 global defensive stocks, as 2026 kicks off in uncertain territory
2025 was characterized by uncertainty and divergence as geopolitics, tariffs and conflict gripped global markets. This year may be more of the same. Investment bank CLSA said it expects “resilience and rotation” in 2026 and named the defensive stocks and countercyclical plays it favors. In its “Global Themes Redux” report released on Monday, the bank […]
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The boldest bitcoin predictions for 2026 are in — from $75,000 to $225,000
After an all-time high and a big tumble for bitcoin last year, industry executives and investors told CNBC that the cryptocurrency could reach new heights in 2026 — but with the potential for huge volatility. In CNBC’s annual roundup of bitcoin predictions, several commentators forecast a wide range of prices for bitcoin in 2026, dropping […]
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Trump says Venezuela will purchase American products with revenue from oil deal
President Donald Trump said Wednesday that Venezuela will purchase American products with revenue from its oil sales. “I have just been informed that Venezuela is going to be purchasing ONLY American Made Products, with the money they receive from our new Oil Deal,” Trump said in a post his social media platform Truth Social. The […]
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Nvidia’s Jensen Huang would have to pay about $8 billion in proposed billionaire tax—he says that’s ‘perfectly fine’ with him
Jensen Huang seems unfazed by the prospect of a potential $7.75 billion tax bill. That’s how much the Nvidia CEO could end up owing the state of California if a proposed ballot measure succeeds in implementing a one-time 5% wealth tax on the state’s billionaires. Huang, whose $155 billion net worth makes him the world’s […]
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Alphabet’s market cap surpasses Apple’s for first time since 2019
Google CEO Sundar Pichai gives a thumbs up as he arrives to attend the Artificial Intelligence Action Summit at the Grand Palais in Paris, Feb. 11, 2025. Benoit Tessier | Reuters Google parent company Alphabet saw its market capitalization surpass Apple’s for the first time since 2019. Alphabet’s market cap closed at $3.88 trillion on Wednesday. […]
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Google, Character.AI to settle suits involving minor suicides and AI chatbots
Alphabet CEO Sundar Pichai. Klaudia Radecka | Nurphoto | Getty Images Google and Character.AI will settle with families who sued the companies over harm to minors, including suicides, allegedly caused by artificial intelligence chatbots. According to court documents filed this week, the families and companies have agreed to work out settlement terms. In one case, […]
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JPMorgan reaches deal to become Apple credit card issuer, source says
In this article JPM GS Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the 2025 IIF annual membership meeting in Washington, DC, US, on Thursday, Oct. 16, 2025. Samuel Corum | Bloomberg | Getty Images JPMorgan Chase has reached a deal to become the new Apple […]
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OpenAI launches ChatGPT Health to connect user medical records, wellness apps
OpenAI CEO Sam Altman attends an event to pitch AI for businesses in Tokyo, Feb. 3, 2025. Kim Kyung-hoon | Reuters OpenAI on Wednesday announced ChatGPT Health, which will allow users to securely connect their medical records and wellness apps to the artificial intelligence chatbot. ChatGPT Health is not intended for diagnosis and treatment, and […]
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Trump says he will not permit dividends and stock buybacks for defense companies
President Donald Trump on Wednesday said he “will not permit” defense companies to issue dividends or stock buybacks until those firms speed up their production of military equipment and address his other complaints about the industry. Trump, in a lengthy Truth Social post, also took aim at defense contractors’ executive pay packages, calling them “exorbitant […]
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Nvidia’s Jensen Huang said he loves this company. The shares could nearly double this year, says one analyst
Things are looking up for Serve Robotics , a company that is capturing Wall Street’s attention given its expansion in the increasingly hot investment space of “physical AI.” Serve Robotics, an autonomous sidewalk delivery robot maker that was spun out of Uber in 2021, maintains a close partnership with Nvidia even after the chipmaker sold […]
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