World
S&P 500 futures are little changed after index posts another record close: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 29, 2024. Brendan McDermid | Reuters U.S. stock futures were flat Tuesday night after the S&P 500 posted a new record close. Futures tied to the S&P 500 added just 0.06%. Nasdaq 100 futures advanced 0.2%. Dow […]
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As global defense spending surges, South Korean arms makers look like a clear winner
A newly received Korean K9 Thunder howitzer is pictured ahead a military exercise at the training range in Torun, February 23, 2023. Wojtek Radwanski | Afp | Getty Images South Korea is known for many things. K-pop, K-dramas and Korean food have made their way across the world. Now, a new facet from South Korea […]
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‘We really like the U.S.,’ Julius Baer portfolio manager says. Here’s where she sees opportunity
At a time when investors are mixed on the U.S. market, one portfolio manager remains optimistic and sees reasons to stay invested. “We really like the U.S.,” Aneka Beneby, portfolio manager at Julius Baer International, told CNBC Pro last month. “Now that the [U.S.] election result is clear and behind us, we can reasonably assume […]
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Okta shares pop 18% on earnings beat, strong guidance
Todd McKinnon, CEO and co-founder of Okta, speaks during the BoxWorks 2019 Conference in San Francisco, California, on Oct. 3, 2019. Michael Short | Bloomberg | Getty Images Shares of Okta popped more than 18% in extended trading on Tuesday after the identity management company released third-quarter results that beat analysts’ estimates and offered rosy […]
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Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance
Marc Benioff, chief executive officer of Salesforce speaks during the World Economic Forum (WEF) in Davos, Switzerland on January 18, 2024. Halil Sagirkaya | Anadolu | Getty Images Salesforce shares were up 7% on Tuesday after the company reported its fiscal third-quarter earnings, reporting revenue and fiscal fourth-quarter guidance that exceeded analysts’ expectations. Here is […]
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OpenAI hires first marketing chief from Coinbase
Jaque Silva| Nurphoto | Getty Images OpenAI has hired its first chief marketing officer, nabbing Kate Rouch from crypto company Coinbase. Rouch joined Coinbase in August 2021 to lead global marketing and public relations, and oversaw the company’s Super Bowl ads. Before that, she spent more than 11 years at Meta, including a role as […]
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This is the biggest AI winner two years after ChatGPT’s debut — and it’s not Nvidia
In the two years since the launch of ChatGPT, stocks have soared to new highs, megacaps have ballooned in size and AI chipmaker Nvidia has become the second-largest stock in the U.S. by market value. But the biggest winner has in fact been a little-known Ohio-based cooling technology stock named Vertiv Holdings. Vertiv has benefited […]
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Intel shares slide as Gelsinger exit leaves chipmaker without a ‘quick fix’
Intel CEO Pat Gelsinger speaks while holding a new chip, called Gaudi 3, during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023. Seth Wenig | AP Intel shares fell more than 5% on Tuesday, a day after the embattled chipmaker announced the ouster of CEO Pat Gelsinger, whose four-year tenure was […]
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Charts indicate this health-care stock could eventually double, according to Todd Gordon
Hims & Hers Health (HIMS) is an online multi-speciality telehealth company that virtually connects consumers with licensed healthcare professionals. The company has made quite a bit of headlines since going public in 2021, producing highly volatile price trends that are certainly not for the ‘faint of heart’. We covered this name in this column back […]
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South Korean stocks rocked in U.S. trading as country plunges into political chaos
Police stand guard in front of the main gate of the National Assembly in Seoul on December 3, 2024, after South Korea’s President Yoon Suk Yeol declared emergency martial law. South Korea President Yoon on December 3 declared emergency martial law, saying the step was necessary to protect the country from “communist forces” amid parliamentary […]
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