S&P 500 falls, Nasdaq drops 1% to start October as Middle East tensions intensify: Live updates
Stocks slipped Tuesday, the first trading day of October and the fourth quarter, after a surprisingly strong September performance.
AI chipmaker Cerebras files for IPO to take on Nvidia
Cerebras faces competition from Nvidia, as well as cloud providers that have developed in-house chips for running artificial intelligence models.
China ETFs were big winners in September. History says to be cautious from here
Investors who chased previous rallies in Chinese stocks have seen disappointing long-term returns.
Bitcoin on pace for strongest September ever as investors weigh economic outlook: 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….
Powell indicates further, smaller rate cuts, insists the Fed is ‘not on any preset course’
The central bank chief asserted that he will seek to balance fighting inflation with supporting the labor market.
China stocks just had their best day in 16 years, sending related U.S. ETFs soaring
The Shanghai Composite rallied 8.06% in its best day since September 2008.
These U.S. stocks do the best during periods when China stimulates its economy, according to Trivariate Research
Trivariate Research is laying out some U.S. companies that could win big in China’s latest stimulus deal.
Google to invest $1 billion in Thailand to build data center and accelerate AI growth
Google is investing 36 billion Thai baht, or $1 billion, into Thailand to build a new data center and expand its cloud infrastructure, the company said Monday.
East Coast port strike: ILA union rejects wage hike offer near 50% as shutdown at midnight nears
A port strike on the East and Gulf coasts among ILA union workers is still set for Tuesday, as a wage hike offer near 50% from port ownership was rejected.
German inflation drops to 1.8% in September, below expectations
The harmonized German consumer price index eased to 1.8% in September, more than expected, preliminary data from the country’s statistics office showed Monday.
