Asia markets rise ahead of Federal Reserve’s rate decision; China holds loan prime rates steady
China held its one-year and five-year loan prime rates steady at 3.45% and 3.95%, respectively, while also reportedly shuffling the central bank’s leadership.
A bunch of analysts just hiked price targets for these 2 stocks, giving them over 65% upside
Only two companies on CNBC Pro’s screen received price target upgrades from five or more analysts and have potential upside of over 50%.
UBS reveals highest conviction global stock picks to beat the market — and gives one 90% upside
UBS has named its high conviction buy ideas across Europe and Asia, some of which it says are “poised to captivate and elevate” investors’ portfolios.
Dow rises 400 points to record close after Fed says 3 rate cuts are on the way: Live updates
The S&P 500 topped the 5,200 level and hit a new intraday high after the Federal Reserve held rates steady and said it would ease three times in 2024.
Here’s everything to expect from the Federal Reserve’s policy meeting Wednesday
The Fed has a lot to do at its meeting this week, but ultimately may not end up doing a whole lot.
The Fed is expected to offer clues Wednesday on the future of its balance sheet reduction
If you’re looking for a wild card out of this week’s Fed meeting, forget about interest rates and focus on the balance sheet.
Nvidia shares close up after company unveils latest AI chips
Nvidia stock closed up 1% on Tuesday after the company unveiled its latest generation of artificial intelligence chips called Blackwell.
JetBlue cuts routes spanning Los Angeles to Lima in race to lower costs
JetBlue is under increased pressure to reduce expenses and return to profitability.
MicroStrategy’s debt-fueled bitcoin purchases helping drive froth, raising risk of downturn, JPMorgan says
MicroStrategy just scooped up even more bitcoin using money raised through debt. That has contributed to propping up the cryptocurrency’s price.
