CNBC Daily Open: There’s a new narrative in markets
Higher commodity prices and demand might mean the Federal Reserve may not pause — or cut — rates as soon as markets expect.
Goldman Sachs tells clients to buy this major automaker on its ‘strong’ EV potential
Goldman says it is buy-rated on the stock as it’s “one of the few automakers globally capable of constructing a vertically integrated model for electric vehicles.”
Buffett disciple Guy Spier names the only chip stock he owns — and explains why he avoids Nvidia
Shares of Nvidia have skyrocketed 190% this year on the optimism surrounding artificial intelligence. But it’s “buyer beware,” Spier tells CNBC Pro Talks.
Chances are you haven’t used A.I. to plan a vacation. That’s about to change
Some 40% of travelers aren’t interested in using artificial intelligence to plan their trips. But it’s coming anyway.
Zuckerberg dismisses Musk for avoiding cage fight: ‘It’s time to move on’
“I think we can all agree Elon isn’t serious and it’s time to move on,” Zuckerberg said in a post on Threads.
S&P 500, Nasdaq close higher Monday as tech stocks make a comeback: Live updates
The S&P 500 and Nasdaq Composite ticked up Monday, while the Dow traded flat, as Wall Street looked to shake off a rough start to August.
Alibaba is doubling down on A.I. — Chinese stocks to watch
“We believe the growth opportunity driven by AI services have just begun,” Alibaba management said in a conference call with analysts Thursday.
SoftBank is in talks to buy Vision Fund’s 25% stake in Arm, sources say
SoftBank is in talks to acquire the 25% stake in Arm it does not directly own from Vision Fund 1, a $100 billion investment fund it raised in 2017.
7 killed in Ukraine’s Kherson region, including a 23-day-old baby girl
Seven people – including a 23-day-old baby girl – were killed in Russian shelling in Ukraine’s southern Kherson region on Sunday.
China condemns visit of ‘troublemaker’ Taiwan vice president to U.S.
China’s foreign ministry on Sunday condemned a brief U.S. visit by Taiwan Vice President William Lai, saying he was a separatist and “troublemaker through and through” and Beijing would take strong steps to protect its sovereignty.
