Gold at $3,000 and oil at $100 by 2025? Citi analysts don’t rule it out
There’s an off chance that gold prices could soar to $3,000 per ounce, and oil to surge to $100 per barrel within the next 12 to 18 months, says Citi.
CNBC Daily Open: U.S. consumers upbeat on the economy
The latest University of Michigan survey for February showed consumer sentiment index rose 0.6 points to 79.6.
Morningstar strategist names 3 under-the-radar picks for the current ‘stock picker market’
“In my opinion, it always comes down to individual stock selection,” says David Sekera, naming shares that look undervalued right now.
‘Hidden gems’: UBS names 5 global small-cap stocks — giving one 77% upside
The investment bank says its stock picks offer an “excitement of discovery and the potential for substantial growth.”
Alibaba bets on overseas e-commerce unit amid sluggish growth in China
One bright spot in Alibaba’s quarterly earnings was its international e-commerce arm which posted revenue of 28.5 billion Chinese yuan, up 44% from a year ago.
Asia markets mixed as investors assess China’s 5-year loan rate cut
Asia stocks traded mixed as markets parsed China’s decision to cut key 5-year loan prime rate.
Traveling teachers work with families who travel the world — here’s what it pays
Traveling teachers accompany families on extended trips abroad, teaching the kids in half-day sessions while earning up to $10,000 a month.
Sony to release a ‘Pro’ version of the PlayStation 5 this year after cutting outlook, analysts say
Analysts told CNBC they expect Sony to launch the PlayStation 5 Pro this year which would offer new hardware for the release of Grand Theft Auto VI in 2025.
TikTok faces European Union scrutiny for possible breaches of strict new digital rulebook
The European Commission said it has “opened formal proceedings to assess” whether TikTok has breached the Digital Services Act.
Biden administration is leaning toward supplying Ukraine with long-range missiles
If Republicans continue to block U.S. military aid to Ukraine, the White House could turn to an ally to provide Kyiv with ATACM missiles capable of striking Russian-held Crimea.
