China’s EV makers shift gears to focus on humanoids as car market slows
As Chinese electric car sales slow and share prices tumble, several of the automakers are ramping up humanoid robotics development.
China’s wholesale inflation tops estimates in August on commodity costs, tech demand as consumer price increases meet forecast
Much of the anticipated pickup reflects a favorable base-effect comparison and higher commodity costs, rather than a genuine strengthening in household demand.
Three pieces of advice HSBC has for AI investors
Investors should focus on tech with the strongest monetization and less-stretched valuations, such as South Korean memory chips and Taiwan’s semiconductors.
Hit TV show ‘South Park’ becomes ‘South America’ in apparent reference to Trump’s geographic name changes
Show creators Trey Parker and Matt Stone said in a statement that they were “inspired by the bravery and patriotism of Apple and Google.”
Asia’s ultra-rich are moving their money. Here’s where it’s going
Asia’s ultra-rich still like gold, but they’re branching out to digital assets as well, Maybank Singapore’s CEO said.
CNBC Daily Open: Sanctions, strikes and the road to $100 oil
Washington says economic pressure will help bring its war with Iran to an end. But the missiles still seem to be flying.
Brent crude oil tops $101 to close at highest level since May as fighting escalates in Persian Gulf
Oil prices extended gains on Wednesday as escalating tensions between the U.S. and Iran fueled concerns over further disruptions to Middle East energy supplies.
Dow tumbles 400 points, posting 3-day slide as rates jump and Brent crude tops $101
Stocks fell on Wednesday as rising Treasury yields and oil prices continued to rattle investors.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
The Dow fell almost 630 points as oil prices rose on Tuesday. Tune in to CNBC Wednesday as David Faber speaks to key leaders at Goldman Sachs’s big conference.
Marvell shares have soared 241% in a year. CEO says this is a key reason why
Marvell Technology CEO Matt Murphy said trust has helped fuel the chipmaker’s massive run over the past year.
