World
Crypto will be ‘big boon’ for financial services over time, Robinhood CEO says: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Steven Lubka, […]
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Top banking analyst Mayo says Citi shares can double over the next 2-and-a-half years
Wells Fargo bank analyst Mike Mayo highlighted Citigroup stock as his favorite bank name on Tuesday while speaking on CNBC’s ” Squawk on the Street .” Shares of Citigroup could double over the next two-and-a-half years “simply by going back to tangible book value,” Mayo said. Citigroup sold for 73% of tangible book at the […]
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Small caps are outperforming large caps. How to use charts to find buy candidates in the group
There has been a lot of discussion about the recent outperformance of the Russell 2000 Index , the small-cap benchmark, to the broader market Let’s take a look back at what the Russell 2000 has actually done and what specific areas of the index to look for opportunities. The outperformance of the iShares Russell 2000 […]
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Two key inflation reports this week will help decide the size of the Fed’s interest rate cut
People shop at a store in Brooklyn on August 14, 2024 in New York City. Spencer Platt | Getty Images The Federal Reserve gets its last look this week at inflation readings before it will determine the size of a widely-expected interest rate cut soon. On Wednesday, the Labor Department’s Bureau of Labor Statistics will […]
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Volkswagen scraps a slew of labor agreements as standoff with unions intensifies
Employees leave the Volkswagen plant in Zwickau after a works meeting. Europe’s largest car manufacturer had announced that, in view of the worsening situation, it would once again tighten its austerity measures at the core VW brand. Picture Alliance | Picture Alliance | Getty Images German automotive giant Volkswagen on Tuesday said it was scrapping […]
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Car giants are being forced to confront some hard truths over the EV transition
The Volvo logo is displayed at the Volvo Cars Hill Country dealership on September 04, 2024 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images European car giants are contending with a perfect storm of challenges on the path to full electrification, including a lack of affordable models, a slower-than-anticipated rollout of […]
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Israeli military says it likely killed American in West Bank
Palestinian activists lift a banner and portraits of slain Turkish-American International Solidarity Movement activist Aysenur Ezgi Eygi during a funeral procession in Nablus in the occupied West Bank. Nasser Ishtayeh | Lightrocket | Getty Images The Israeli military said Tuesday that it was “highly likely” its forces killed an American woman during a protest in the occupied West Bank […]
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Presidential debate crib sheet: U.S. economy numbers to know
When Vice President Kamala Harris and former President Donald Trump take the debate stage in Philadelphia on Tuesday night, expect them to arrive with a stockpile of talking points about the U.S. economy. In the weeks leading up to their head-to-head debate, hosted by ABC News, both Harris and Trump have unveiled new economic proposals. […]
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BMW trims 2024 profit margin on technical issues, weak China demand
Spencer Platt | Getty Images News | Getty Images BMW trimmed its profitability guidance for 2024 on Tuesday, pointing to technical problems that led to delivery stops for cars as well as persistently sluggish demand in the key market of China. The German carmaker said it expects its margin of earnings before interest and taxes […]
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Britain does a bad job at keeping globally relevant tech firms, former Arm CEO says
Warren East, former CEO of Rolls Royce and Arm, speaking at a tech event in London on June 13, 2022. Luke MacGregor | Bloomberg via Getty Images CAMBRIDGE, England — The U.K. is doing a bad job of commercializing technology businesses globally and needs a mindset shift from the investor community to win on the […]
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