Strait of Hormuz is in focus as Israel-Hamas war threatens to spread
One important area that market observers are keeping a close eye on is for potential impact on the world’s most important oil transit chokepoint — the Strait of Hormuz.
Elon Musk says AI will eventually create a situation where ‘no job is needed’
The billionaire technology leader said late Thursday that AI will have the potential to become the “most disruptive force in history.”
Weak yen forces Japan to shrink historic military spending plan
The yen has lost 10% of its value against the dollar, forcing Japan to reduce its defense procurement plan, which was then-calculated to cost $320 billion.
Coal free by 2070? India’s push toward renewables won’t stop coal reliance for the next two decades
India’s reliance on coal will likely continue as the country struggles to find other ways to cool homes down and keep the lights on.
Bill Gross sees lower interest rates offering a tailwind to regional bank stocks
Longtime investor Bill Gross said Thursday that regional banks are poised to bounce back with the tailwind of falling interest rates.
Goldman Sachs updates its ‘directors’ cut’ list of top Europe stocks with major upside
Goldman Sachs says the stocks form “a curated list of our most differentiated fundamental Buy ideas across our European coverage.”
Sam Bankman-Fried found guilty on all seven criminal fraud counts
A jury has found Sam Bankman-Fried guilty of all seven criminal counts against him.
Bonds or stocks? Wall Street shares its preference — and how to invest
Both markets have been volatile recently, which could make it a difficult choice for traders. Here’s what the pros are saying.
Hong Kong leads gains in Asia as key economic data comes out across the region
Services purchasing managers’ index data from major economies including China, India and Hong Kong are set to be released throughout the day.
CNBC Daily Open: A perfect day for markets and a falling Apple
It was an astounding day for markets, with everything falling into place as perfectly as investors could have hoped for. Then the Apple fell from the tree.
