CNBC Daily Open: Investors got the note they were too optimistic
Investors realized they were a tad too optimistic about the possibility of rapid rate cuts and a soft landing.
Morgan Stanley’s equity analyst just struck a cautious tone on Alphabet. Here’s why
Google-owner Alphabet has “less significant upside estimates” than Meta and Amazon, Morgan Stanley’s Brian Nowak told CNBC.
Alibaba’s Hong Kong shares drop 10%, dragging on Hang Seng; most Asia stocks end higher for the week
Hong Kong stocks led declines in the Asia-Pacific region on Friday, as shares of Alibaba plunged, while most markets cooled off from a mid-week rally.
Treasury Department’s hunt for Russian oil sanction violators on the seas is intensifying
The Treasury Department steps up its efforts to identify violations of Russian oil sanctions and price caps by shippers.
Goldman thinks oil is headed higher again and recommends an options trade to profit from the rebound
The investment bank recommends buying a $71 United States Oil ETF call for April 2024 to take advantage of what it expects to be a jump in prices.
Stocks making the biggest moves midday: Sonos, Cisco Systems, Alibaba, Walmart and more
These are the stocks posting the largest moves in midday trading.
Boeing bonanza leaves rival Airbus in the dust at 2023 Dubai Air Show with three times more aircraft orders
Boeing chalked up more than three times as many aircraft orders as its French rival Airbus by day four of the Middle East’s largest aviation show.
Charlie Munger says there isn’t the slightest chance Buffett traded own account to enrich himself
Berkshire Hathaway Vice Chairman Charlie Munger pushed back against a ProPublica report about Warren Buffett’s personal trading.
Pedro Sanchez secures another term as Spain’s prime minister, set to form government
Sanchez’ investiture follows two failed attempts of right-wing opposition leader Alberto Núñez Feijóo to gain parliamentary support.
Alibaba’s Hong Kong shares drop 10% after it shelves cloud spinoff, citing U.S. chip restrictions
Shares of Chinese e-commerce giant Alibaba slid after it announced it would not proceed with the full spinoff of its cloud group.
