Markets
It’s ‘liquidity, stupid’: VCs say tech investing is tough amid IPO lull and ‘nuts’ AI hype
Key Points Venture capitalists at Web Summit — one of Europe’s biggest tech events — say things have become more difficult for tech investors as they’re unable to cash out of long-term bets. “In the VC world, it’s really all about liquidity stupid,” Edith Yeung, general partner at Race Capital, said in a CNBC-moderated panel. […]
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CNBC Daily Open: ‘Higher for longer’ rates could rear its head once again
View of the Federal Reserve building in Washington on Oct. 3, 2024. Valerie Plesch | Picture Alliance | 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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CNBC Daily Open: Could ‘higher for longer’ make a return?
U.S. Federal Reserve Chair Jerome Powell attends a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., November 7, 2024. Annabelle Gordon | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on […]
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Asia-Pacific markets mixed after U.S. inflation report fuels Fed rate cut expectations
A Sydney ferry passes the Opera House and skyline of the central business district area on May 12, 2020 in Sydney, Australia. James D. Morgan | Getty Images Asia-Pacific markets traded mixed on Thursday after the U.S. October consumer price index reading fueled expectations for the Fed to cuts rates again in December. The CPI […]
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Stock futures are little changed as postelection rally shows signs of wavering: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE), after Republican Donald Trump won the U.S. presidential election, in New York City, U.S., November 6, 2024. Andrew Kelly | Reuters U.S. stock futures were little changed Wednesday night, as the major averages’ postelection run began to show signs of stalling. Dow Jones […]
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Chinese AI startup takes aim at OpenAI’s Sora with image-to-video tool launch
Key Points Beijing-based Shengshu Technology on Wednesday said that its artificial intelligence-powered text-to-video tool Vidu will now be able to generate videos from images. When prompted with text and images, Vidu’s new AI feature can combine three pictures — such as a shirt, person and moped — into a video of the person wearing the […]
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Stocks making the biggest moves after hours: Ibotta, Cisco Systems, CNH Industrial and more
Check out the companies making headlines in extended trading. CNH Industrial — Shares popped nearly 8% after Greenlight Capital’s David Einhorn at CNBC’s Delivering Alpha conference told attendees he took a medium-sized position in the agricultural equipment company. Cisco Systems — Shares inched lower by less than 1% even after Cisco Systems posted a beat […]
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Investors are pumping money into the Trump trade. Here’s how it did last time
Wall Street has been pumping money into the Trump trade, but investors should be wary before committing capital based on campaign promises, if history is any indication. Investors have been pouring money into stocks tied to Donald Trump’s policies in the weeks before the presidential election and the days since, hoping the President-elect’s return to […]
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BlackRock expands its tokenized money market fund to Polygon and other blockchains
The BlackRock logo is pictured outside the company’s headquarters in the Manhattan borough of New York City on May 25, 2021. Carlo Allegri | Reuters BlackRock has expanded its tokenized money market fund to include several more blockchains. The investment manager said Wednesday that its USD Institutional Digital Liquidity Fund (BUIDL) is now available to […]
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Stocks making the biggest moves midday: Rivian, Cava, Rocket Lab, Amgen and more
Check out the companies making headlines in midday trading. Charter Communications , Liberty Broadband — Cable operator Charter Communications agreed to acquire Liberty Broadband in an all-stock deal. Charter shares rose 5.6%, while Liberty Broadband slid 3%. Cava Group — Shares of the Mediterranean-inspired food chain popped 7% after third-quarter results came out stronger than […]
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