CNBC Daily Open: Chilling effect
President Biden’s executive order regulating U.S. technology investment in China is the first time Washington is imposing restrictions on U.S. capital outflows.
Gold prices to breach all-time highs? Some expect bullion to hit $2,500
Gold prices may set new all-time highs in 2024 on the back of a peak in interest rates, looming recessionary fears and higher consumer demand, analysts say.
Asia markets mixed as U.S. inflation cools more than expected
Inflation readings for July came in at 3.2%, lower than the 3.3% expected, but higher than June’s 3%
Nasdaq Composite slips Friday, falls two weeks straight for the first time in 2023: Live updates
The latest inflation report due this week came in hotter than anticipated.
‘Potential minefield’: Value investor Guy Spier talks U.S. bank risks, reveals his top stock to own
Warren Buffett-disciple Guy Spier reveals his favorite bank stock to own and outlines major risks for regional banks after the Moody’s downgrade.
Here are 7 beaten-up global stocks that analysts expect to double
The stocks are expected to rise by more than 100% over the next 12 months despite negative returns so far this year for secular reasons.
A totaled Tesla was sold for parts in the U.S. but came back online in Ukraine — here’s what happened
The car or its computer was suddenly online in a southern region of war-torn Ukraine.
Disney shares rise on plans to hike streaming service prices. How the pros are playing it
Pros on CNBC discussed Disney after the company’s fiscal third-quarter earnings call laid out plans to hike prices on their streaming platforms.
Tech investors face ‘new era’ of China restrictions after Biden order limits funding in A.I., chips
Following President Biden’s executive order to limit tech investments in China, venture capitalists will have even less exposure to the world’s No. 2 economy.
A buying opportunity has emerged in this A.I. darling, two top analysts say
Investors may want to consider snatching up shares of this artificial intelligence darling, according to some Wall Street analysts.
