Beware of tech stocks — these cash-rich names are a better bet, analysts say
Analysts say companies with pricing power are a safer bet than tech, given that inflation is expected to stay high and the uncertainty around a Fed “pivot.”
Not a fan of cruising? The hack that could change your mind
Private shore excursions let cruisers make their own plans, choose their restaurants and spend the day with a local guide — without a cruise ship bus in sight.
Australia will replace Queen Elizabeth’s image on 5-dollar banknote
The decision comes as Australia’s Labor government pushes to recognize Indigenous people in the constitution and consult them on decisions that affect them.
Asia-Pacific markets mostly rise as investors digest Fed’s smaller quarter-point hike
Investors digested the U.S. Federal Reserve’s smaller rate hike of 25 basis points and Fed Chairman Jerome Powell acknowledged inflation is falling.
JPMorgan says Hong Kong shares to rebound in February and names 5 stocks to own
JPMorgan has identified five stocks to own amid an expected rise in Hong Kong and China stocks in February as investors rotate into “quality laggards.”
Worried about Alibaba’s share price slump? Analysts name 4 alternatives in China tech
A recent slump in Alibaba’s share price got some investors worried, but it’s not the only game in town. CNBC Pro screened an ETF for other opportunities.
Gautam Adani calls off $2.5 billion equity sale as regulatory concerns grow
Shares of Adani Enterprise were routed in the aftermath of a report from short seller Hindenburg Research
S&P 500 advances more than 1% to its best level in five months as Meta leads tech-fueled rally
Investors await a trio of major tech earnings Thursday following Meta’s latest results.
Russia has committed more than 65,000 war crimes in Ukraine, prosecutor general says
Andriy Kostin said he believed Kyiv was close to gaining U.S. support to establish a special tribunal to prosecute Russia’s war crimes.
Bond king Jeffrey Gundlach says he expects one more Fed rate hike
DoubleLine Capital CEO Jeffrey Gundlach said he sees one additional rate hike from the Federal Reserve before the central bank ends its tightening cycle.
