World Markets
SoftBank shares soar 13% after it agrees to buy ABB robotics unit for $5.4 billion
Shares of SoftBank jumped as much as 13% Thursday, hours after the Japanese giant announced a deal to buy the robotics division of Swiss engineering firm ABB for $5.4 billion, further advancing SoftBank’s AI footprint. The deal, which is subject to regulatory approval globally, means ABB will no longer look to spin off its robotics business as […]
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CNBC Daily Open: The Fed spoke, but AI roared
AI stocks such as Nvidia are now masters of the market narrative, driving record highs across the S&P 500 and Nasdaq. Source
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European steelmakers rise after EU proposes slashing tariff-free import quota
LONDON — European stocks moved higher on Wednesday, as investors reacted to proposed tariffs on steel imported into the European Union. The pan-European Stoxx 600 was up around 0.6% by 3 p.m. in London (10 a.m. ET), with most sectors and major bourses in positive territory. The U.K. has been left fearing for its beleaguered […]
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CNBC Daily Open: Gold: Earthlings’ favorite element
In this photo illustration, gold coins are displayed at Witter Coins on Oct. 7, 2025 in San Francisco, California. Justin Sullivan | Getty Images J.P Morgan famously said in his 1912 congressional testimony that “Gold is money, everything is credit.” It seems unsurprising then that many investors seem to be fleeing from credit and are […]
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CNBC Daily Open: Gold skeptics are from Mars, investors are from Earth
In this photo illustration, a one-ounce gold bar, a gold nugget, and gold coins are displayed at Witter Coins on Oct. 7, 2025 in San Francisco, California. Justin Sullivan | Getty Images J.P Morgan famously said in his 1912 congressional testimony that “Gold is money, everything is credit.” It seems unsurprising then that many investors […]
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European stocks edge higher as French crisis weighs on sentiment; Gucci-owner Kering up 6%
LONDON — European stocks were higher on Tuesday afternoon, with all eyes on France after the resignation of Prime Minister Sebastien Lecornu plunged the country into a fresh political crisis. The pan-European Stoxx 600 index was up 0.2% by 12:10 p.m. in London (7:10 a.m. ET), with most sectors and major bourses in positive territory. […]
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Japan’s Takaichi picks ex-premier Aso as party vice president
Taro Aso, Japan’s former deputy prime minister and finance minister, delivered a speech during an ordinary session at the lower house of the parliament in Tokyo, Japan, on Monday, Jan. 20, 2020. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Sanae Takaichi, who is expected to become Japan’s next prime minister, chose former premier and party heavyweight Taro Aso on Tuesday […]
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CNBC Daily Open: The AI industry’s ‘happy few’
Companies touting their artificial intelligence products dominated the Promenade, the main road in Davos. In past years at the World Economic Forum annual meeting, cryptocurrency firms were the most prominent down the Promenade. But AI fever has taken over in 2024. Arjun Kharpal | CNBC “We few, we happy few, we band of brothers.” The […]
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Asia-Pacific markets set to open mixed, following Wall Street gains on AMD rally
Aerial view by drone of Tokyo Cityscape with Tokyo Sky Tree visible in Tokyo city, Japan on sunrise. pongnathee kluaythong | Moment | Getty Images Asia-Pacific markets were set to open mostly higher Tuesday, tracking Wall Street gains on a tech rally fueled by the massive deal between OpenAI and AMD, in one of the […]
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European markets set to kick off Monday on a flat note, after record highs last week
The City of London financial district at sunrise. Alexander Spatari | Moment | Getty Images LONDON — European stocks are expected to open in flat territory on Monday as regional markets look for momentum after a series of positive sessions last week. The U.K.’s FTSE index, Germany’s DAX, France’s CAC 40 and Italy’s FTSE MIB are […]
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