Stocks’ attempt at extending the post-Fed rally failed on Thursday, with all three major averages notching modest losses. Here’s what CNBC is watching Friday.
Source
Friday’s big stock stories: What’s likely to move the market in the next trading session
World
Private credit worries resurface in $3 trillion market as AI pressures software firms
Private credit markets are facing fresh uncertainty as AI-driven tools start to pressure software companies, a major borrower group for private lenders. The software industry came under renewed pressure last week after artificial intelligence firm Anthropic unveiled new AI tools, sparking a sell-off in software data provider shares. The AI tools, developed by Anthropic, are […]
Read More
World
Chinese chip designer Montage Technology soars over 50% in Hong Kong debut
A robotic machine manufactures a semiconductor chip at a stall to show investors during The Advantage Assam 2.0 Investment Summit in Guwahati, India, on Feb. 25, 2025. Nurphoto | Nurphoto | Getty Images Shares of Chinese chip designer Montage Technology surged around 60% in its Hong Kong trading debut on Monday following an initial share […]
Read More
World
Hong Kong media baron and pro-democracy activist Jimmy Lai sentenced to 20 years in prison
TOPSHOT – Media tycoon Jimmy Lai (R) is escorted into a Hong Kong Correctional Services van outside the Court of Final Appeal in Hong Kong on February 1, 2021, after being ordered to remain in jail while judges consider his fresh bail application, the first major legal challenge to a sweeping national security law Beijing […]
Read More