‘A year of volatility’: Morgan Stanley names its top stocks as India prepares to head to the polls
India’s upcoming election “sets the market up for volatility,” Morgan Stanley said, naming stocks it is overweight on.
Most Asia markets rebound from Monday; oil eases slightly on Israel-Hamas truce extension
Oil prices eased after Qatar said the truce between Israel and Hamas has been extended by a further two days.
CNBC Daily Open: Is record Black Friday sales surge a false dawn?
Strong retail figures run somewhat counter to cautious earnings forecasts and recent economic data pointing to dwindling savings and low excess cash among U.S. consumers.
Shein files for U.S. IPO, as fast-fashion giant looks to resolve forced labor, climate concerns
Shein has confidentially filed to go public and could start trading on the public markets as soon as next year, people familiar with the matter said.
E-commerce stocks rally after Black Friday shoppers spend record online
Shares of e-commerce stocks such as Shopify, Etsy and Wayfair all surged Monday on strong Black Friday online sales and rosy projections for Cyber Monday.
ARK Invest sells more Grayscale Bitcoin Trust holdings as discount narrows: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
This exchange is expanding its short-term options portfolio as ‘zero-day’ bets boom
Nasdaq launched new short-term options on asset classes like oil and bonds that expire on Wednesdays.
This China EV maker should not be worth so much less than Tesla, Bernstein says
Tesla’s most direct competitor is comparable across sales volumes, revenues and profits — and could rally 61%, according to Bernstein.
Tesla sues Swedish government after postal workers allegedly block license plate deliveries
Tesla filed a lawsuit against the Swedish Transport Agency on Monday.
Apple iPhone maker Foxconn to invest $1.5 billion in India as it looks to build beyond China
Hon Hai Precision Industries will invest $1.54 billion in an Indian subsidiary for “operational needs,” and hire builders for a to-be-announced project.
