This Chinese tech fund is still a contrarian play after solid start to the year, Josh Brown says
The Ritholtz Wealth Management CEO laid out the case for a continued rebound in Chinese tech stocks.
CNBC’s Inside India newsletter: Will AI make or break India?
Can Teleperformance’s stock plunge be the canary in the coal mine for what is likely to happen to India because of AI?
Gazprom plunges to first annual loss in 20 years as trade with Europe hit
Kremlin-owned gas giant Gazprom said on Thursday it plunged to a net loss of 629 billion rubles ($6.9 billion) in 2023, its first annual loss in more than 20 years, amid dwindling gas trade with Europe, once its main sales market.
Warren Buffett’s annual meeting may explain surprising moves in his stock portfolio
The 93-year-old icon might spell out at Berkshire’s annual meeting this weekend some of the recent moves in his giant equity portfolio.
Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10%
Apple CEO Tim Cook told CNBC that quarterly sales suffered from a difficult comparison to the year-earlier period.
Abu Dhabi AI firm Presight buys majority stake in technology joint venture AIQ
The new ownership structure will see ADNOC holding 49% of the company and giving it a valuation of $1.4 billion, according to a joint company press release.
UK to suffer slowest growth of all rich nations next year, OECD says
The U.K.’s “sluggish” growth prospects have put it on course to be the worst-performing economy of all advanced nations next year, according to the OECD.
Bored Ape Yacht Club NFTs sold for millions in 2021—prices have dropped 90% since then
Bored Ape Yacht Club NFT collection once touted by celebrities like Justin Bieber has seen its floor price decline by around 90% since its peak in 2022.
Europe stocks close lower as earnings roll in; ING up 6.5%; traders react to Fed decision
European stocks closed lower Thursday morning as global markets reacted to a slew of corporate earnings and the U.S. Federal Reserve’s latest monetary policy decision.
World’s largest olive oil producer says the industry faces one of its toughest moments ever
Spain’s Deoleo says the industry must undergo a “profound transformation” as it grapples with one of the most challenging moments in its history.
