As FAANG stocks diverge following a mixed bag of earnings, CNBC Pro asks analysts and investors what’s next for the tech giants.
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FAANG stocks had a mixed first quarter. Here’s what Wall Street sees ahead for the tech titans
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Amazon faces FAA probe after delivery drone snaps internet cable in Texas
Amazon’s new MK30 Prime Air drone is displayed during Amazon’s “Delivering the Future” event at the company’s BFI1 Fulfillment Center, Robotics Research and Development Hub in Sumner, Washington on Oct. 18, 2023. Jason Redmond | AFP | Getty Images Amazon is facing a federal probe after one of its delivery drones downed an internet cable […]
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Asia-Pacific markets track Wall Street gains on rising Fed rate-cut expectations
SHANGHAI, CHINA – JUNE 08: Aerial view of skyscrapers standing at the Lujiazui Financial District at sunrise on June 8, 2022 in Shanghai, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets opened higher Wednesday, tracking Wall Street gains on hopes that the U.S. Federal Reserve could cut benchmark interest rates in December. […]
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Australia’s consumer inflation accelerates to 3.8% in October, beating estimates
Pedestrians at Pitt Street Mall in Sydney, Australia, on Thursday, July 24, 2025. Brendon Thorne | Bloomberg | Getty Images Australia’s inflation accelerated in October, beating analysts’ estimates and rising at its fastest pace in seven months, the Australian Bureau of Statistics said Wednesday. The consumer price index rose 3.8% in October, year on year, […]
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