Markets
Broadcom is firing on all cylinders, and Wall Street can’t get enough of the stock
Broadcom shares hit an all-time high during Monday’s trading session after the emergence of another encouraging sign that the company’s custom chips are all the rage on the AI scene. The newest development comes from the tech website, The Information, which said Microsoft could be looking to move its custom chip business from Marvell Technology […]
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Can AI make you the next Warren Buffett? One bank is working to find out
Deutsche Bank is putting artificial intelligence’s investment skills to the test. The bank asked its dbLumina AI model to pick a basket of funds from the most popular funds used by typical retail investors as of the end of November. Research analyst Luke Templeman fed dbLumina a week of the same daily market analyses from […]
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Stocks making the biggest moves midday: Paramount Skydance, Wave Lifesciences, Confluent & more
Check out the companies making the biggest moves midday: Wave Life Sciences — The Singapore-based biotech that trades on Nasdaq more than doubled, soaring roughly 140% , after positive interim data from a Phase 1 trial of an RNA obesity shot that cut fat but retained muscle. Paramount Skydance — The media company is launching a […]
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S&P 500 win streak, Berkshire’s leadership changes, Netflix’s regulatory path and more in Morning Squawk
A Wall Street sign is viewed in front of the New York Stock Exchange. Eduardo Munoz | AFP | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Secret Santa The three major indexes […]
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How Ray Dalio would play the markets if he was still running Bridgewater
As talk of an AI-fueled bubble continues, Bridgewater Associates founder Ray Dalio broke down how he would play the market if he were still running the asset management firm. Speaking to CNBC on Monday, Dalio said that he would play the AI game but bet more on companies using the technology rather than hyperscalers: the […]
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Stocks making the biggest moves premarket: Broadcom, Confluent, Carvana & more
Check out the companies making the biggest moves before the bell: Confluent – The Wall Street Journal published a report on Sunday that IBM is in advanced talks to seal an $11 billion deal to acquire data-infrastructure company Confluent, boosting the latter company’s shares by 27%. Broadcom — The chipmaker rose more than 2% after […]
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Berkshire Hathaway’s Todd Combs, investment lieutenant to Buffett and Geico CEO, is leaving for JPMorgan
Todd Combs, portfolio manager and investment officer of Berkshire Hathaway Inc., arrives for the morning session of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Friday, July 12, 2019. Patrick T. Fallon / Bloomberg / Getty Images Warren Buffett’s Berkshire Hathaway announced a number of structural changes before the […]
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Unilever spinoff Magnum Ice Cream debuts on Amsterdam stock market
Packets of Walls Cornetto, Magnum and Ben & Jerry’s ice cream are displayed on March 20, 2024. John Keeble | Getty Images News | Getty Images Magnum Ice Cream Company, now the world’s largest standalone ice cream business, debuted on the Amsterdam stock exchange on Monday. The stock opened at 12.20 euros, slightly below its […]
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BlackRock bets on ‘pick and shovel’ trade, singling out clear winners in AI spending spree
Ben Powell, chief strategist for Middle East and Asia Pacific at BlackRock Investment Institute, at the Abu Dhabi Finance Week (ADFW) conference. Bloomberg | Getty Images The wave of capital pouring into artificial intelligence infrastructure is far from peaking, said Ben Powell, chief investment strategist for APAC at BlackRock, arguing the sector’s “picks and shovels” […]
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Ray Dalio says Middle East is becoming a ‘Silicon Valley of capitalists’
Ray Dalio, founder of Bridgewater, speaking to CNBC at the Future Investment Institute 2025 summit in Riyadh on Oct. 28th, 2025. CNBC The Middle East is fast emerging as one of the world’s most powerful AI hubs, Bridgewater Associates’ founder Ray Dalio said Monday, comparing the region’s rise to Silicon Valley’s pull for all things […]
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