Asia markets mixed as China’s factory activity contracts; Adani shares fall on fresh allegations
China’s official manufacturing PMI came in at 49.7, marking a fifth straight month in contraction
CNBC Daily Open: Fewer jobs, higher stocks
Bad news is good news again for markets. Downwardly revised economic growth and lower-than-expected job creation boosted markets.
Op-ed: Why the world needs more oil, not less
If oil vanished today, these and many other vital products and services that use oil or its derivatives would vanish too.
Nasdaq ekes out small gain Thursday, but still suffers worst month in 2023: Live updates
All three of the major averages notched losses for August.
Consumer spending in China bounced back in August, survey finds
Consumer spending bounced back in August after a tepid July, according to the China Beige Book’s survey of Chinese businesses released Thursday.
Stocks making the biggest moves after hours: Salesforce, Okta, CrowdStrike, Five Below and more
These are the stocks posting the largest moves in extended trading.
Apple shares rise as new iPhone speculation ramps up. Here’s what the pros have to say
Pros on CNBC discussed Apple as investors ponder what the company’s next iPhone reveal means for the stock.
What’s good for bitcoin might not necessarily be good for Coinbase, analysts say
Grayscale’s court victory against the SEC may be good for bitcoin, but some on Wall Street are concerned the ruling doesn’t offer as much hope for Coinbase.
How China became the king of new nuclear power, and how the U.S. is trying to stage a comeback
China is the current king of new nuclear power construction. The US is attempting to launch a comeback, but its still unknown whether that will be successful.
Rudy Giuliani liable for defaming Georgia election workers, hit with sanctions by judge
Rudy Giuliani, Donald Trump, and others are charged in Georgia with crimes related to trying to overturn Trump’s 2020 loss in the state to President Joe Biden.
