China’s ‘Big Four’ banks rally after state wealth fund boosts stake
Central Huijin Investment lifts stake in four of China’s biggest banks to boost market confidence.
Is India still a bright spot? IMF upgrades growth, but economists say it will be a bumpy ride
The International Monetary Fund raised its forecast for India, saying that the country’s growth will remain strong in 2023 and 2024.
Taylor Swift’s concert film to get early-access screenings in U.S. and Canada
Due to unprecedented demand, The Eras Tour Concert Film is opening up early access showings of the film on Thursday in America and Canada.
Hong Kong stocks lead wider gains as banks rally
Hong Kong stocks jump about 2%, leading wider gains in the Asia-Pacific region as China bank stocks rallied and investors looked ahead U.S. inflation data.
Morningstar says the semiconductor sector is undervalued — and names 4 stocks to buy
The outlook for semiconductors on the back of the AI boom is bright regardless of how the economy does, Morningstar said.
Morgan Stanley says these 3 global stocks will be winners in a world where data is king
Data is set to play a big role in boosting productivity, and three companies are well positioned to be “winners,” according to analysts at the bank.
CNBC Daily Open: Investors shrugged off a hawkish Fed and hot PPI
Investors shrugged off Fed minutes that tilted hawkish and a hotter-than-expected PPI report to give markets a fourth consecutive winning session.
Dow closes more than 150 points lower as inflation data reignites interest rate fears: Live updates
The major averages came off of four consecutive winning days.
IRS says Microsoft owes an additional $29 billion in back taxes
Microsoft said the IRS notified the company it owes an additional $28.9 billion in back taxes.
Already a humanitarian crisis, war with Hamas could have major impact on Israel’s economy
Israel’s armed forces called up more than 300,000 reservists, removing a significant part of the nation’s workforce from the economy.
