Author: Admin
CEO with over $3 trillion under management tells Gen-Z to think past ‘hobby investing’
Capital Group Chief Executive Mike Gitlin wants Gen-Z investors recoiling from war-driven commodity trades to start thinking long-term, as the asset management industry races to win over a generation with fundamentally different rules of investing. Responding to an audience question at CNBC’s Converge Live conference in Singapore on Wednesday, Gitlin said younger investors should approach […]
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Hormuz is just a ‘dry run’ if China and U.S. go to war in the Pacific, Singapore foreign minister warns
Singapore Foreign Minister Vivian Balakrishnan (left) speaks with CNBC’s Steve Sedgwick at the CONVERGE LIVE event on April 22, 2026. CNBC Should a war break out between China and the U.S. in the Pacific, “what you are seeing in the Strait of Hormuz will be a dry run,” Singapore Foreign Minister Vivian Balakrishnan said Wednesday. […]
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CNBC Daily Open: Trump looks to mitigate tariff, geopolitical blowback
US President Donald Trump speaks in the State Dining Room of the White House in Washington, DC, US, on Tuesday, April 21, 2026. Daniel Heuer | Bloomberg | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. U.S. President Donald Trump has extended the […]
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Oil edge lower as fragile Iran ceasefire extension clouds outlook
A tugboat guides the Russian oil tanker Anatoly Kolodkin as it arrives at the oil terminal in the port of Matanzas, northwestern Cuba, on March 31, 2026. (Photo by Yamil LAGE / AFP via Getty Images) Yamil Lage | Afp | Getty Images Oil prices edged lower on Wednesday as uncertainty lingered over the trajectory […]
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Judge dismisses Kash Patel’s defamation lawsuit over claim he frequented ‘nightclubs’
Kash Patel, director of the Federal Bureau of Investigation (FBI), during a House Intelligence Committee hearing on worldwide threats in Washington, DC, US, on Thursday, March 19, 2026. Daniel Heuer | Bloomberg | Getty Images A federal judge in Houston on Tuesday dismissed a lawsuit by FBI Director Kash Patel that alleged he was defamed […]
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Japan’s exports expand 11.7% in March on brisk demand, higher prices
File photo: The Japanese national flag flies in front of the container pier in the Tokyo port. Toshifumi Kitamura | Afp | Getty Images Japan’s exports rose for a seventh straight month, data showed on Wednesday, boosted by solid global demand and rising prices and for now defying any major impact from disruptions caused by the conflict […]
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Asia-Pacific markets set to fall as Trump extends Iran ceasefire but uncertainty drags on
A pedestrian looks at an electronic quotation board showing numbers of the Nikkei 225 index in Tokyo on September 11, 2020. Kazuhiro Nogi | AFP | Getty Images Asia-Pacific markets were set to open broadly lower Wednesday as concerns grew that the Middle East conflict could drag on, after President Donald Trump extended a U.S. ceasefire […]
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Jim Cramer says Tim Cook accomplished something ‘almost impossible’ as Apple CEO
CNBC’s Jim Cramer on Tuesday reflected on the legacy of Tim Cook, arguing that the longtime leader of Apple achieved something many in corporate America consider “almost impossible.” “You have heard a lot about Tim Cook today and for good reason,” the “Mad Money” host said. “He built the greatest consumer-based enterprise in history.” Cook, […]
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SpaceX says it can buy Cursor later this year for $60 billion or pay $10 billion for ‘our work together’
A SpaceX Falcon 9 rocket is displayed outside a Space Exploration Technologies Corp. facility in Hawthorne, California, on March 26, 2026. Patrick T. Fallon | Afp | Getty Images SpaceX said it’s struck a deal with artificial intelligence startup Cursor, obtaining the right to acquire the company for $60 billion later this year, or to […]
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Jim Cramer says these stocks show why you need to trade on fundamentals, not fear
CNBC’s Jim Cramer said stock sell-offs can be painful for investors, but they can also create opportunities for those willing to look past fear-driven narratives and focus on fundamentals. “Tailspins can be mighty nasty,” Cramer said Tuesday on “Mad Money.” “If you own a stock that’s caught in one, it’s very hard to hang on, […]
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