Stocks
SoftBank Group shares surge 11% as Asian tech stocks rally after Wall Street rebounds
Asian technology stocks advanced sharply on Tuesday, following a rebound on Wall Street. A sharp decline in oil prices improved investor sentiment, while renewed buying of semiconductor-related shares spread...
Stocks
CNBC’s The China Connection newsletter: Wall Street dips in again. What needs to go right
Global financial firms are eyeing mainland China, where nearly four million millionaires hold a combined $27 trillion in bankable assets, with each holding more...
Stocks
S&P 500 futures are little changed as traders brace for crucial consumer inflation report: Live updates
U.S. stock futures traded nearly unchanged on Monday evening ahead of Tuesday’s release of the October consumer price index. Economists polled by Dow Jones...
Stocks
Skydance outlines its $6 billion in planned cost savings. Here’s the breakdown
Skydance plans to achieve at least $6 billion in cost savings over the next three years across an expense base exceeding $50 billion. The...
Stocks
Why prediction markets and Wall Street pros so often fail to see what’s coming
At the beginning of the year, prediction markets and professional investors doubted that Democrats could win both the House and the Senate. In January,...
Stocks
Lucid misses Wall Street’s earnings expectations, expands loan from Saudi Arabia fund
Lucid Group missed Wall Street’s third-quarter expectations, reporting revenue of $350 million versus $407 million expected and a loss of $2.74 per share versus...
Stocks
The stock-market rally keeps spreading beyond Big Tech. October inflation data could put it to the test.
Over the past month, the equal-weighted S&P 500 has outperformed its market-cap-weighted counterpart by the widest margin since 2009. This rotation has been helped...
Stocks
Analysts say these chip stocks are bargains. Is it time to buy?
Investors scooped up chip stocks on Monday after their steep decline over the past month, as the artificial-intelligence trade unwound rapidly. Some analysts believe...
Stocks
The wait is almost over for this blockbuster video game. I see 35% upside in the stock
Take-Two Interactive, one of the world’s largest video game publishers, is preparing for the release of Grand Theft Auto VI on November 19, after...
Stocks
Anthropic releases first frontier models since Amodei’s call for slowdown as IPO buzz builds
Anthropic launched Claude Fable 5.2 and Claude Mythos 5.2 on Monday, its most advanced artificial intelligence models, as the company prepares for a potential...
Stocks
Goldman CEO Solomon says AI financing remains strong despite market jitters
David Solomon, Goldman Sachs CEO, told CNBC that demand for financing for artificial intelligence infrastructure remained very strong despite recent market movements. Goldman Sachs...