World
‘Physical AI’ is the next frontier for the artificial intelligence cycle. How to play it
The advent of so-called physical artificial intelligence is believed by many to be the next frontier of the AI investing cycle, opening up opportunities to get behind robotics makers, auto suppliers and specialty semiconductor companies. Investors are looking for another way to play AI after huge runs in Nvidia and the other stocks powering and […]
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These stocks have major upside heading into earnings, Bank of America says
Analysts at Bank of America say there’s a slew of buy-rated stocks well positioned heading into earnings season. CNBC Pro combed through the firm’s research to find companies the firm likes as quarterly reports begin. They include: Warner Bros Discovery, Birkenstock , Spotify and United Airlines. United Following on the heels of Delta’s robust earnings […]
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South Korea’s President Yoon attends court hearing on extending detention
South Korea’s impeached President Yoon Suk Yeol arrives at the Corruption Investigation Office for High-ranking Officials (CIO), in Gwacheon, South Korea, January 15, 2025. Korea Pool | Via Reuters South Korea’s impeached President Yoon Suk Yeol attended a court hearing on Saturday to fight a request by investigators to extend his detention on accusations of […]
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Telefonica to hold shareholder meeting to replace CEO, El Confidencial says
Jose Maria Alvarez-Pallete, CEO of Telefonica, during a keynote at Mobile World Congress 2024 in Barcelona, Spain, on Feb. 26, 2024. Nurphoto | Nurphoto | Getty Images A group of shareholders of Spanish telecom company Telefonica led by state-owned investment fund SEPI have called for a board meeting to replace Chief Executive Jose Maria Alvarez-Pallete, […]
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India likely to cut disinvestment goal by 40% for FY25, Economic Times reports
Rupee coin. Abhishek Mehta | Moment | Getty Images India will likely cut its disinvestment and asset monetization target by 40% for 2024-25 in the federal budget to be presented next month, The Economic Times newspaper reported on Saturday, as planned sales of state-run firms run into a host of setbacks. The government will likely […]
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Ceasefire between Israel and Hamas will go into effect at 0630 GMT on Sunday
People react to the reports of a possible Gaza ceasefire and hostage release deal being reached during a rally calling for the return of captives held in the Gaza Strip on Jan. 15, 2025 in Tel Aviv, Israel. Amir Levy | Getty Images News | Getty Images Qatar’s foreign ministry said the ceasefire between Israel and […]
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Vanguard fined more than $100 million by SEC over violations involving target date retirement funds
The logo for the Vanguard Group is shown on correspondence in Zelienople, Pa. Keith Srakocic | AP Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced Friday. The violations stem from a 2020 change where Vanguard […]
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Trump and China’s Xi discuss TikTok, trade, fentanyl, president-elect says
President Donald Trump talks with Chinese President Xi Jinping as Xi arrives for dinner at the start of their summit at Trump’s Mar-a-Lago estate in West Palm Beach, Florida, U.S. April 6, 2017. Carlos Barria | Reuters President-elect Donald Trump said he spoke on the phone with Chinese President Xi Jinping on Friday about TikTok, […]
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Israeli security cabinet recommends Gaza ceasefire deal
The Israeli security cabinet has recommended approving the Gaza ceasefire and hostage return deal, ahead of a full cabinet meeting expected later on Friday, a statement from the prime minister’s office said. Cabinet is expected to meet at 3.30 p.m. (1330 GMT) to give final ratification to the agreement, which Prime Minister Benjamin Netanyahu said […]
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Traders bet on more Bank of England rate cuts in 2025 after data shocks
Piccadilly Circus is seen at dusk, on 7th January 2025, in London, England. Richard Baker | In Pictures | Getty Images LONDON — Traders bet on more Bank of England rate cuts this year after weak retail sales data added to the latest in a run of data surprises this week. Sales volumes fell 0.3% […]
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