Global shipping recession could end as freight rates soar on Red Sea troubles
The shipping industry has been in a recession, and some market watchers expect the recent spike in rates to bring about a reversal in container liners’ fortunes.
Iran says Revolutionary Guards attack Israel’s ‘spy HQ’ in Iraq, vow more revenge
Iran’s Revolutionary Guards said they attacked the “spy headquarters” of Israel in Iraq’s Kurdistan region, while the force said they also struck in Syria.
‘Succession,’ ‘The Bear’ prevail at nostalgic Emmy Awards
“Succession,” the HBO series about the cutthroat battle for control of a global business empire, took home six wins for its fourth and final season.
After a stellar 2023, Indian markets are set to pause until the general elections
Analysts warn that the level of optimism seen last year will not be replicated before the general election concludes.
Hong Kong stocks tumble 2% amid broader decline in Asia markets, China gains
Japanese stocks, which have been on a record-breaking rally since the start of the year, slipped lower.
CNBC Daily Open: A look across the Atlantic
Action this time came from across the Atlantic as the World Economic Forum in Davos, Switzerland commenced Monday.
Bank of America upgrades global wind stock after a brutal 2023, hiking price target
The upgrade and price target boost come after the stock has already staged a more than 50% recovery from its November lows.
Morgan Stanley names global ‘alpha’ stock ideas for January — and gives one 50% upside
The investment bank also shared its “notable bottom-ranked stock ideas.”
AI fever takes over Davos pushing crypto aside as the new cool kid on the block
At the World Economic Forum in Davos, some of the world’s biggest companies are pushing their AI products and services with one declaring: “The future is AI.”
Dow closes more than 200 points lower Tuesday after 10-year Treasury yield tops 4%: Live updates
Stocks fell Tuesday as rates ticked higher and Wall Street pored through the latest batch of fourth quarter earnings.
