Dow jumps more than 200 points for ninth winning day, S&P 500 nears record: Live updates
The recent rally in stocks following a dovish shift from the Federal Reserve is helping lift the S&P 500 near its record high.
Morgan Stanley prefers ‘boring’ non-AI tech stocks for 2024. Here are its top global picks
The investment bank’s analysts say they expect a strong performance from “traditional tech companies that were largely forgotten.”
Bank of America reveals its 4 top biotech picks for 2024 — and gives one 166% upside
The biotech stock with the BofA’s biggest upside already has approval for a drug that treats a rare kidney disease affecting up to 150,000 people in the U.S.
CNBC Daily Open: Markets on course to advance for eighth week
There’s no stopping the market. Fresh off seven straight weeks of gains, major indexes mostly rose Monday as they attempted to maintain their momentum.
Enphase Energy will lay off roughly 10% of workforce as part of restructuring plan
The company’s stock is down 53% this year as high interest rates have depressed demand.
FTX files revised proposal to end bankruptcy and return billions to creditors: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
Here’s how the Houthi attacks in the Red Sea threaten the global supply chain
Several shipping lines have suspended services through the Red Sea as more than a dozen vessels have been attacked since the start of the Israel-Hamas war.
Apple makes surprise decision to pause some Watch sales before Christmas over patent dispute
The decision stems from an intellectual property disagreement between Apple and Masimo over the Blood Oxygen feature.
Fed’s Goolsbee says he was ‘confused’ by last week’s market reaction
The President of the Federal Reserve Bank of Chicago said the market may have read too much into last week’s central bank update.
Adobe and Figma call off $20 billion acquisition after regulatory scrutiny
Adobe and Figma announced they would cancel the $20 billion acquisition after scrutiny from the U.K.’s CMA and the Justice Department.
