World
These stocks, including Oracle, are among the most overbought on Wall Street
Several stocks could soon be due for pullbacks after seeing sizable gains this week, according to a widely-used technical indicator. Stocks took a hit Friday after Israel launched a series of airstrikes on Iran in the largest attack on the Islamic Republic since the Iran-Iraq war in the 1980s. Following Israel’s attack, which killed at […]
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Goldman Sachs says buy these five stocks that are set to rally
Goldman Sachs this week named several stocks that analysts at the investment bank say have more room to run. The Wall Street firm says these companies are resilient and that investors should quickly buy them. CNBC Pro combed through Goldman Sachs research to find five buy-rated stocks that it says have more upside. They include: […]
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Middle East conflict barely rattles resilient stock market
Did the market’s stiff upper lip finally waver on Friday, as a characteristic rush to buy a morning dip failed by the close in the face of air attacks between Israel and Iran? Things will have to slacken a bit more from here to draw this conclusion, given that the S & P 500 lost […]
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India orders inspection of Boeing 787s after Air India crash
Investigative officials stand at the site of Air India Boeing 787 which crashed yesterday, on June 13, 2025 in Ahmedabad, India. An Air India Boeing 787 Dreamliner, flight AI-171, carrying 242 passengers and crew members en route from Ahmedabad to London Gatwick, crashed shortly after takeoff on June 12, 2025, after the pilot issued a […]
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Nvidia-mania took over Europe this week. Here’s what I learned from Jensen Huang
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., left, and Emmanuel Macron, France’s president at the 2025 VivaTech conference in Paris, France, on Wednesday, June 11, 2025. Nathan Laine | Bloomberg | Getty Images Nvidia boss Jensen Huang has been on a tour of Europe this week, bringing excitement and intrigue to everywhere […]
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Starbucks and Luckin are vying to win the coffee wars. I tested both out
Here’s my first dilemma of the day: the new Luckin Coffee near my office in Hong Kong wants me to download their app for a $2 drink. Without it, it’s $3.75. Fine. I register, get a WhatsApp code and scroll through their menu: fruity Americanos, a seasonal kale tea and the coconut milk latte — […]
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Trump approves U.S. Steel merger with Japan’s Nippon after companies sign national security agreement
US President Donald Trump receives a gold helmet with his name on it during a visit to US Steel – Irvin Works in West Mifflin, Pennsylvania, May 30, 2025, to mark the ‘partnership’ between Nippon Steel and US Steel. Saul Loeb | AFP | Getty Images President Donald Trump issued an executive order on Friday […]
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Swedish pension fund AP7 blacklists Tesla, has sold entire stake
A group of activists criticizing Elon Musk and Tesla’s policies hold a protest outside a Tesla dealership in London’s Park Royal district, on April 12, 2025 in United Kingdom. Anadolu | Anadolu | Getty Images Swedish pension fund AP7 said on Friday it has blacklisted and sold all its shares in U.S. electric vehicle maker Tesla, […]
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How Thai Airways avoided collapse and rebuilt for the future
Managing Asia’s Christine Tan travels to Bangkok to sit down with the chairman of Thai Airways’ rehabilitation plan, Piyasvasti Amranand, to explore how the national carrier is navigating its path to recovery. Plus, CEO Chai Eamsiri shares renewed ambition as the airline gears up for a relisting on the Stock Exchange of Thailand. Managing Asia’s […]
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Israel-Iran conflict will hang over markets next week, with Fed meeting at hand
The Israel-Iran conflict will continue to hang over the stock market next week, as investors wait and see whether there will be an escalation in the region. Traders will also be awaiting the latest Federal Reserve meeting. Though the initial stock response to the attack was subdued, equity losses deepened on Friday afternoon. The Dow […]
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