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European markets close higher after ECB cuts rates for the third time this year
‘Probably more downside risk than upside risk’ to inflation forecast, Lagarde says There is “probably” more downside than upside risk to the ECB’s inflation forecast, the group’s President Christine Lagarde told CNBC’s Annette Weisbach during the post-decision press conference. Asked about recent warnings that the ECB now faces a return of its old challenge of […]
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Stocks making the biggest moves premarket: Elevance Health, Taiwan Semiconductor, Expedia, Lucid and more
Check out the companies making headlines before the bell. Elevance Health – Shares plummeted more than 10% after the health insurer reported weaker-than-expected third-quarter earnings. In a statement , CEO Gail Boudreaux said the company remains “confident” amid “unprecedented challenges in the Medicaid business.” Health care stocks Molina Healthcare and Centene also fell nearly 9% […]
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Nokia brand owner launches Barbie phone for $130 — with no internet
The HMD Barbie phone is a co-branded product with Mattel, the toymaking giant behind the franchise. HMD HMD, the company behind Nokia-branded phones, launched a Barbie-branded phone Wednesday that comes with calls, texts, and a classic “flip” design — but no internet or social media apps. The HMD Barbie Phone is a hot pink device […]
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Nokia shares slide 8% after posting lowest quarterly net sales figure since 2015
BARCELONA, SPAIN – FEBRUARY 26: A logo sits illuminated at the Nokia booth in the Mobile World Congress 2024 on February 26, 2024 in Barcelona, Spain. (Photo by Xavi Torrent/Getty Images) Xavi Torrent | Getty Images News | Getty Images Shares of Finnish telecom firm Nokia tumbled on Thursday after the company reported a 32% […]
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Tech giants bet next-generation optical networks will reduce AI’s climate impact, aid 6G transition
Fast adoption of e-commerce, online streaming media, and workplace productivity tools — particularly during the Covid pandemic — has massive strain on current-day telecom networks. Nurphoto | Getty Images Some of the world’s largest tech firms are backing a new kind of telecoms network which they say will help reduce overall power consumption of data-hungry […]
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How to invest in India, the world’s fastest-growing major economy
India has been dubbed the “perfect” emerging market to invest in, but it can be tricky for those outside the country to gain access. CNBC Pro assesses the case for buying into this booming economy, the risks to consider — and how global investors can get involved. India’s stock market has been making headlines this […]
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European marketplaces near lessen, with eyes on Israel and Iran fee repricing continues to be in focus
European inventory marketplaces closed decreased on Friday, rounding off a 7 days in which escalating tensions in the Middle East and repricing of interest level anticipations have been in focus. The regional Stoxx 600 index provisionally ended .1% decreased. Immediately after a sturdy start to 2024, the index is heading for its initially regular reduction […]
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Nokia joins Ericsson in forecasting more powerful 2nd 50 percent after 1st-quarter earnings overlook
Omar Marques/SOPA Visuals | LightRocket | Getty Illustrations or photos Finnish telecom equipment maker Nokia documented a smaller sized-than-anticipated increase in quarterly income on Thursday as sluggish demand from customers for 5G equipment in critical marketplaces North America and India ongoing to weigh on profits. “This will continue to be a weak year, for the […]
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How can foreign buyers hard cash in on India? These ETFs and shares make it straightforward to devote
India’s financial prospective buyers are shining shiny, attracting international investors eager to capitalize on the country’s huge development opportunity. With a population of almost 1.5 billion, and over half beneath the age of 30, India boasts a burgeoning center class fueling strong use trends. The Intercontinental Monetary Fund expects India’s serious gross domestic merchandise (GDP) […]
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A sizzling pink Barbie flip phone is launching this summertime
HMD, or Human Mobile Products for limited, is launching a Barbie-branded flip cellular phone in July. HMD BARCELONA — Not still worn out of the Barbie movie? Before long, you may be able to get a flip cellular phone from the blockbuster toy franchise. The company powering Nokia-branded smartphones, HMD, quick for Human Cellular Units, […]
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