World
CNBC Daily Open: Nvidia sinks and data’s weak, but hold on
The Nvidia headquarters in Santa Clara, California, US, on Wednesday, Aug. 28, 2024. Loren Elliott | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? […]
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Oil prices extend slump on likely restoration of Libyan production, OPEC+ plans to raise output
Oil pumpjacks operate as the Lake Fire burns in Los Padres National Forest with evacuation warnings in the area on July 6, 2024 near Los Olivos, California. Mario Tama | Getty Images Oil prices extended declines during Asia trading hours, after a report that Libya’s oil production was set to be restored pressured prices overnight. […]
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Nvidia is a no-go for over half of this ultra-rich club’s members with assets worth $165 billion
Sopa Images | Lightrocket | Getty Images More than half of Tiger 21’s members don’t invest in Nvidia, according to a recent asset allocation report released by this network of ultra-high-net-worth investors and entrepreneurs. The network’s second-quarter asset allocation report revealed that 57% of its members are not invested in chip darling Nvidia, with a […]
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China hits Canada with anti-dumping probe on canola imports, Ottawa deeply concerned
Cooking oils made from canola from Canada are offered for sale at a grocery store on April 26, 2022 in Chicago, Illinois. Scott Olson | Getty Images China said on Tuesday it planned to start an anti-dumping investigation into canola imports from Canada, after Ottawa moved to impose tariffs on Chinese electric vehicles, lifting prices of domestic rapeseed oil futures to a one-month peak. Canadian Farm Minister Lawrence […]
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Norway wealth fund may divest companies that aid Israel in Gaza war, occupied territories
A view of Oslo seen from the roof of the Oslo Opera House in Oslo, Norway, on Thursday, Oct. 21, 2021. Bloomberg | Bloomberg | Getty Images Norway’s $1.7 trillion wealth fund may have to divest shares of companies that violate the fund watchdog’s new, tougher interpretation of ethics standards for businesses that aid Israel’s operations in the occupied Palestinian territories. The Council on Ethics for the world’s largest sovereign wealth fund sent […]
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India’s Modi expected to usher in new era of bilateral agreements in Singapore visit
Indian Prime Minister Narendra Modi during the launch of BJP membership campaign on Sept. 2, 2024 in New Delhi, India. Hindustan Times | Hindustan Times | Getty Images Indian Prime Minister Narendra Modi is set to meet his Singapore counterpart Lawrence Wong this week marking his first trip to the city-state since he won a […]
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Nikkei plunges 4%, leading losses in Asia after Wall Street plummets on weak U.S. data
Employees work at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Jan. 4, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets plunged on Wednesday, led by Japan’s Nikkei 225 after U.S. tech stocks sold off and weak U.S. economic data sparked recession fears. Japan’s Nikkei […]
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I reached financial freedom at the age of 38 – here are 4 money principles I live by
Shao Chun, 38, built a seven-figure investment portfolio using four key money principles. The idea of financial freedom can feel like a far-fetched dream — something only a few get to experience after a lucky break, or during retirement after working for decades, but Shao Chun says otherwise. Over the course of eight years working […]
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Stock futures are little changed after tech sell-off drags S&P 500 to worst day since August: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 30, 2024. Brendan McDermid | Reuters U.S. stock futures were little changed Tuesday night after the major averages fell to start September. Dow Jones Industrial Average futures was flat. S&P 500 futures and Nasdaq 100 futures dipped […]
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Nvidia slides further in post-market trading after plunge that wiped out almost $300 billion in market cap
Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty Images Nvidia shares fell 2% in extended trading after Bloomberg reported that the company received a subpoena from the Department of Justice as part of an antitrust investigation. The slide comes after Nvidia dropped nearly […]
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