Morgan Stanley says these 6 global stocks will benefit from a ‘monumental shift’ in the chip industry
Analysts at the bank say the shift to “3D ‘gate-all-around’ architecture” presents a huge opportunity.
CNBC Daily Open: Dispelling the AI hallucination
Four months after hype over artificial intelligence fired up markets, the rally’s starting to look more like a hallucination.
Cramer gives six reasons investors are currently selling off
CNBC’s Jim Cramer on Thursday offered six reasons he thinks may be causing investors to sell.
Dow slides 100 points on Friday, S&P 500 and Nasdaq post worst weeks since March after Fed update: Live updates
The stock market is poised to end the week with steep losses.
10-year Treasury yield hits its highest level since 2007 as jobless claims decline
U.S. Treasury yields climbed on Thursday, with the 10-year and 2-year yields reaching levels last seen over a decade ago.
Here’s everything Microsoft announced at its Surface and Copilot event in New York
Microsoft announced fresh AI capabilities for advertisers, along with new Surface PCs and a Windows update.
House recesses after Defense bill, government funding plan implode
House Speaker Kevin McCarthy sent members home for the weekend after a bill to fund the Pentagon and a plan to vote on government funding both imploded.
Cisco makes largest ever acquisition, buying cybersecurity company Splunk for $28 billion in cash
Cisco said it was acquiring cybersecurity software company Splunk for $157 a share in a cash deal worth about $28 billion.
The U.S. dollar just formed a ‘golden cross,’ which could cause trouble for the rest of the globe
The latest leg higher for the dollar comes after the Federal Reserve signaled its plan for “higher for longer” interest rates on Wednesday.
Bank of England ends run of 14 straight interest rate hikes after cooler-than-expected inflation
The Bank of England on Thursday ended a run of 14 straight interest rate hikes after new data showed inflation is now running below expectations.
