India isn’t over dependent on Russian oil, Indian energy minister says
India isn’t overly dependent on anyone for oil — not even Russia, India’s Minister of Petroleum and Natural Gas Hardeep Singh Puri told CNBC.
CNBC Daily Open: Jackson Hole fears overshadow Nvidia
Even Nvidia’s blockbuster earnings couldn’t quell investor anxiety over Jackson Hole.
AI, EVs and more: Goldman names 5 ‘compelling’ stocks to play major themes — giving one 60% upside
The investment bank says its picks are buy-rated names “whose exposure to enduring themes complements a compelling equity story.”
Japan’s Nikkei tumbles 2% as Asia markets fall ahead of Powell’s Jackson Hole speech
Markets also declined as the tech fuel rally on Wall Street ended.
This U.S. stock is a ‘formidable business’ with a ‘really exciting runway’ for growth, analyst says
The company has an “amazing, diversified business” which helps earnings growth be consistent, Hannah Gooch-Peters of Sanlam Investments UK tells CNBC Pro Talks.
Container ships are waiting at Asian ports as retailers struggle to shift excess stock
Hopes of a traditional peak season when holiday orders are imported are fading.
Stocks fall after Powell says Fed could keep hiking rates: Live updates
Stocks retreated as Wall Street reacted to Jerome Powell’s speech in Jackson Hole, Wyoming.
Gap reports another period of declining sales across all brands, warns of ‘uncertain consumer’
Gap reported mixed results on Thursday and underwhelming current-quarter guidance.
Putin says Prigozhin ‘made serious mistakes’ in first remarks since plane crash that likely killed the Wagner boss
Before running Wagner, Prigozhin was once Putin’s personal chef and confidant.
Tesla hasn’t issued final pricing or specs for Cybertruck as Musk memo warns of manufacturing challenges
Musk sent an email to “everybody” at Tesla on Wednesday about the Cybertruck and the challenges of producing the vehicle.
