Flutter bets on Italian gambling market with $2.6 bln Snaitech deal
Playtech has agreed to sell its Italian unit Snaitech for $2.56 billion, including debt, to Flutter Entertainment, the companies said on Tuesday.
China seeks a homegrown alternative to Nvidia — these are some of the companies to watch
Some of China’s giants inclduing Huawei, Alibaba and Baidu are among those trying to create alternative semiconductor tech to Nvidia.
Big names like David Tepper and ‘Big Short’ investor Michael Burry are quietly upping their bets on the Chinese economy
From property woes to sluggish economic data, China appears to be suffering from long Covid.
A push toward sustainable jet fuel is leaving investors with unanswered questions
“The truth is, it’s going to be more expensive, you can’t really sugarcoat that,” one producer said.
CNBC Daily Open: Tech might not be the biggest beneficiary of rate cuts
Technology stocks benefit the most from low interest rates, conventional market wisdom says.
New details of Trump family crypto project released, including who can buy in
World Liberty Financial is expected to operate as a crypto banking platform.
Nikkei falls over 1% as yen strengthens; Asia markets trade mixed ahead of Fed meeting
Investors in Asia await the Fed meeting beginning Tuesday stateside as markets debate the size of the central bank’s expected rate cut.
India’s central bank chief plays down fears of a deposit crunch
Reserve Bank of India Governor Shaktikanta Das raised the issue of slowing bank deposits underperforming an expansion in loans in an interview with CNBC.
Looking for tech stocks? CIO names 3 to buy — and says Nvidia is still ‘reasonably valued’
Jason Ware of Albion Financial Group shares his picks, including one he describes as a “dinosaur” with potential and a “fabulous growth story.”
Cooling needs and more: Jefferies names global stocks to buy driven by AI data center demand
AI data centers are growing fast, as is the demand for them — and that’s set to drive up the demand for products such as cooling systems.
