BlackRock’s Rick Rieder said stocks still have a ways to fall in a period of uncertainty, but they should be higher at the end of the year.
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BlackRock’s Rieder sees more downside in the short term and is holding more cash than usual
World
Sony raises profit forecast after earnings beat, boosted by Music and Imaging divisions
The Sony Group Corp. logo displayed on a screen at the Combined Exhibition of Advanced Technologies (Ceatec) in Chiba, Japan, on Wednesday, Oct. 16, 2024. Bloomberg | Bloomberg | Getty Images Sony Group on Tuesday reported an increase in its second-quarter operating profit that beat expectations, while announcing a share buyback of up to 100 billion Japanese yen ($648 […]
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Tesla investor support for Elon Musk’s massive pay plan was lower in 2025 than in 2018
Elon Musk, CEO of Tesla, speaks during the 2025 Annual Shareholder Meeting on Nov. 6, 2025. Courtesy: Tesla Tesla shareholders voted last week to give CEO Elon Musk a record pay package, one that could net him about $1 trillion in company stock over the next decade. But Musk received less support than he did for […]
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CNBC Daily Open: AI is back — it never really went away
Jakub Porzycki | Nurphoto | Getty Images Investors piled back into artificial intelligence names on Monday stateside. Shares of Nvidia jumped 5.8%, Broadcom advanced 2.6% and Microsoft climbed 1.9% to end its eight-day losing streak, its longest consecutive decline since 2011. Market watchers are hoping that another historically long streak — the U.S. government shutdown […]
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