Japan’s business mood improves, capex firm in boost to economic outlook
The tankan showed Japan is on track for a domestic-demand led growth, but the overseas outlook is a source of concern.
Samsung Electronics expects third quarter profit to plunge 78% but shares surge
The company expects revenue of about 67 trillion South Korean won for the third quarter, while operating profit will stand at about 2.4 trillion won.
Goldman names global winners and losers from sliding battery prices; gives one 120% upside
A number of winners and losers have emerged from recent developments in the battery industry, according to analysts from Goldman Sachs.
Bank of America: These 6 global AI stocks are ‘hidden gems’ with great potential
Bank of America gives two of the chip stocks identified more than 40% upside potential over the next 12 months.
CNBC Daily Open: U.S. Treasurys shine as safe havens
In times of risk, investors turn to safe assets. And there’s no asset perceived as safer — while remaining liquid — than a U.S. Treasury bond.
South Korea stocks lead Asia market higher as Samsung rallies
Samsung shares gained nearly 4% after drop in third quarter operating profit less-than-feared
S&P 500 is little changed as investors weigh hot inflation report, big energy merger: Live updates
The Dow is coming off its third positive day.
LIV Golf loses its bid to earn ranking points over questions about a closed shop
LIV Golf is playing only for cash after the official board determined it could not fairly measure the 48-man league with the other 24 tours around the world.
Bank of England warns U.S. tech stock valuations may be out of whack
The British central bank says valuations for risk assets, and technology stocks in particular, look “stretched.”
Watch live: President Biden addresses Israel-Hamas war as fighting continues
U.S. President Joe Biden is set to address the unprecedented attacks on Israel carried out over the weekend by the Palestinian militant group Hamas.
