This week’s most overbought stocks in the S&P 500 include several tech companies
CNBC Pro used FactSet data to screen for the most overbought and oversold names in the S&P 500 based on their 14-day relative strength index, or RSI.
G20 nations soften Russia condemnation to reach Delhi summit compromise, draw Ukraine’s ire
There were fears Delhi negotiators and diplomats might not be able to broker a consensus at this year’s meeting due to Russian and Chinese objections on the reference to the ongoing war.
China’s deflation pressures ease, more steps expected to spur demand
Analysts say more policy support is needed to shore up consumer demand in the world’s second-biggest economy.
G20 welcomes African Union as permanent member at Delhi summit
The widely-anticipated move underscores India’s wide-ranging agenda to elevate the global multilateral forum’s focus on the Global South in its presidency of the G20 this year.
Powerful, rare earthquake in Morocco kills more than 2,000 people
In the village of Amizmiz near the epicentre, rescue workers picked through rubble with their bare hands.
Cuba arrests 17 for allegedly helping recruit some of its citizens to fight for Russia in Ukraine
Cuban officials said a network is operating from Russia to recruit Cuban citizens living both in Russia and in Cuba to fight in Ukraine.
Ripple buys crypto infrastructure startup in its second acquisition of 2023
Cryptocurrency company Ripple on Friday it will acquire Fortress Trust, a startup specializing in crypto infrastructure.
Why Saudi Arabia is spending hundreds of millions on soccer stars like Cristiano Ronaldo and Neymar
Soccer in Saudi Arabia has entered a new era — the era of having global superstars play on Saudi turf.
Modi, Biden pledge to deepen India-U.S. partnership as world leaders meet in Delhi for G20 summit
This Biden meeting is part of the dozen or so bilateral meetings Modi planned for this weekend, underscoring India’s strategic ambitions as a key global player.
Apple’s iPhone 15 event kicks off on Tuesday. Here’s what to expect
Apple is hoping that its new iPhones can bust a sales slump, fend off renewed competition from Huawei, and persuade owners of Android phones to switch.
