Hong Kong leads Asia-Pacific markets lower; Australia’s central bank keeps interest rate unchanged
Hong Kong stocks fell over 3%, leading wider losses in the region as the Reserve Bank of Australia kept rates unchanged.
Goldman Sachs says this global delivery platform’s shares are set to soar over 100%
Striking a bullish tone, Goldman Sachs analysts led by Lisa Yang described the company as a market leader in the food delivery space.
Outperforming portfolio manager names 5 discounted global stocks to buy right now
Many stocks have become “a bit cheaper” and investors could get good returns, according to one portfolio manager, who calls one a “long-term winner.”
A ‘phenomenal’ stock: Irrationality has made this wealth manager look super cheap, investor says
Investment bank analysts expect the stock to rise by 35% over the next 12 months, according to FactSet polling.
CNBC Daily Open: The Russell 2000 is flashing a warning
The Russell 2000 fell 1.6% Monday, dragging down its year-to-date performance to negative 0.2%. While not a canary in a coal mine, it’s a cautionary tale.
Dow loses more than 400 points and goes negative for 2023 as interest rates spike: Live updates
The Dow Jones Industrial Average slipped Tuesday and the 10-year Treasury yield popped to its highest level since 2007.
The benchmark for small-cap stocks — the Russell 2000 — turned negative for the year
The index fell into the red for the year, in stark comparison to the large-cap-focused S&P 500.
Congress and Washington wonder if Biden and McCarthy cut secret Ukraine funding deal
A stopgap bill to fund the federal government until November avoided a shutdown but also lacked aid to Ukraine that President Joe Biden wants.
FTX customers who lost a fortune on the bankrupt exchange are doubling down on crypto
FTX’s multibillion-dollar cryptocurrency blowup hasn’t shaken some of its customers’ faith in the industry.
Morgan Stanley says investors are overlooking a $4 trillion opportunity in AI. These are the top stocks to play it
These stocks look poised to benefit from a multitrillion-dollar opportunity emerging in artificial intelligence.
