World Markets
CNBC Daily Open: UBS posts strong earnings while Novo Nordisk’s U.S. shares crater on slowing growth
Sergio Ermotti, CEO of UBS, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 20th, 2026. Oscar Molina | CNBC UBS fourth-quarter profit rose 56% year on year to $1.2 billion, beating expectations. The Swiss bank on Wednesday also announced plans for a $3 billion share buyback in 2026 […]
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CNBC Daily Open: Nvidia denies rift with OpenAI, while software and asset management stocks plunge
Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Bridget Bennett | Bloomberg | Getty Images Advanced Micro Devices reported fourth-quarter earnings on Tuesday after the bell. The chipmaker beat Wall Street’s revenue and profit estimates, but shares plunged more […]
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European mining stocks rise as gold and silver rebound
Rio Tinto and Glencore are back in talks about a possible $260 billion megadeal Rio Tinto LONDON — European stocks were higher on Tuesday as global markets settled following a short-lived sell-off in cryptocurrencies and precious metals. Shortly after the opening bell, the pan-European Stoxx 600 was 0.6% higher, with most sectors and all major […]
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CNBC Daily Open: Asia markets and precious metals rebound amid Trump’s trade deal with India
India’s Prime Minister Narendra Modi hugs U.S. President Donald Trump as they give joint statements in the Rose Garden of the White House in Washington, June 26, 2017. Kevin Lamarque | Reuters Asia markets on Tuesday staged a staggering turnaround from the previous day. South Korea’s Kospi led gains in the region, soaring 6.7% as […]
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CNBC Daily Open: India and U.S. strike a trade deal, and markets shrug off precious metals rout
U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House in Washington, D.C., U.S., Feb. 13, 2025. Kevin Lamarque | Reuters The world’s largest economy has struck a deal with the most populous nation. U.S. President Donald Trump announced Monday that America […]
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Bitcoin is under pressure after a brutal week. Here’s why
Justin Tallis | Afp | Getty Images Bitcoin extended losses on Monday as the world’s biggest cryptocurrency fell below $80,000 for the first time since April 2025. Bitcoin was trading at $77,494.65 at 05:43 a.m. ET on Monday, according to CoinMetrics. Bitcoin fell as low as $74,876 but later pared some of the losses. The […]
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CNBC Daily Open: Gold and silver tank amid Trump picking Kevin Warsh as Fed chair
Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, U.S., on Friday, April 25, 2025. Tierney L. Cross | Bloomberg | Getty Images Markets got what they wanted. U.S. President Donald Trump tapped Kevin Warsh to lead […]
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European stocks set for sharp declines as global market fears are reignited
LONDON — European stocks are expected to open in negative territory as concerns over artificial intelligence and volatility in precious metals haunt global markets. The U.K.’s FTSE index is seen opening 0.5% lower, Germany’s DAX down almost 1%, France’s CAC 40 down 0.8% and Italy’s FTSE MIB also down by a similar amount, according to data […]
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CNBC Daily Open: Markets see Warsh as a safe pick for Fed chair — causing gold and silver to plunge
Kevin Warsh, Fellow in Economics at the Hoover Institution and lecturer at the Stanford Graduate School of Business, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. Brendan McDermid | Reuters Markets got what they wanted. U.S. President Donald Trump tapped Kevin Warsh to lead the Federal Reserve, and investors […]
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Silver plummets 15%, gold falls 7% — dragging down miners and ETFs
Argor-Heraeus’ CEO Robin Kolvenbach holds one kilo bars of silver and gold at the plant of refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Denis Balibouse | Reuters Gold and silver prices plunged on Friday, sparking a global sell-off of stocks and funds linked to the metals. By 5:04 a.m. ET, spot […]
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