Markets
Stocks making the biggest moves premarket: Intel, Pinterest, Palantir and more
Check out the companies making headlines before the bell. Intel – The chipmaker rose 4% on news that asset management company Apollo Global Management offered to make an equity-like investment of as much as $5 billion in Intel, according to a Bloomberg News report on Sunday. CNBC confirmed on Friday that Qualcomm had recently approached […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Rate relief Investors cheered the Federal Reserve’s huge policy move last week. The question now is what the central bank will do next. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite all rose more than 1% for […]
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TSMC and Samsung in talks with UAE to build chip megafactories, WSJ reports
The Dubai International Financial Centre (DIFC) area of Dubai, United Arab Emirates, with the Burj Khalifa in the backdrop, Sept. 16, 2022. Christopher Pike | Bloomberg | Getty Images Global chip giants Taiwan Semiconductor Manufacturing Co. and Samsung Electronics have been in talks with the United Arab Emirates to explore building megafactories in the Middle […]
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A stunning sterling rally is about to collide with Britain’s political realities
LONDON — The British pound has jumped to its highest level in two-and-a-half years following a hawkish rate hold from the Bank of England, but strategists warn the upcoming U.K. budget could pose a risk to investor and consumer sentiment. Many investors are awaiting the new Labour government’s fiscal plan at the end of October […]
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China stimulus calls are growing louder — inside and outside the country
Key Points The world’s second-largest economy has remained under pressure from a real estate slump and tepid consumer confidence. “We believe the risk that China will miss the ‘around 5%’ full-year GDP growth target is on the rise, and thus the urgency for more demand-side easing measures is also increasing,” Goldman Sachs analysts said in […]
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CNBC Daily Open: Recession concerns still linger
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 19, 2024. Brendan McDermid | Reuters 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. […]
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Dow futures are little changed after clinching record high following Fed rate cut: Live updates
Traders on the New York Stock Exchange floor on Sept. 9, 2024. Spencer Platt | Getty Images News | Getty Images Dow Jones Industrial Average futures are near flat Sunday night after excitement over last week’s interest rate cut propelled the blue-chip index to a record closing level. Futures tied to the 30-stock index lost […]
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Middle Eastern funds are plowing billions of dollars into hottest AI start-ups
Sovereign wealth funds out of the Middle East are emerging as key backers of Silicon Valley’s artificial intelligence darlings. Oil-rich nations like Saudi Arabia, United Arab Emirates, Kuwait and Qatar have been looking to diversify their economies, and are turning to tech investments as a hedge. In the past year, funding for AI companies by […]
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What Warren Buffett’s recent moves say – and don’t say – about today’s market
When the man who’s built the greatest fortune in history from investing alone – and whose preferred holding period is “forever” – becomes a resolute seller of two of the most widely held stocks in the world, the questions about what it means for the market and economy are inevitable. And so it is with […]
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