Volkswagen takes on China’s EV market with a higher-end car and $1 billion investment
German automaker Volkswagen is investing about $1 billion in China for electric car development, and releasing a vehicle targeted at a higher end of the market.
Bank of America or Citi? Analysts say one stock is set to soar 50%
Is there more upside ahead for big bank stocks? CNBC Pro takes a look at what analysts are saying about two banks, which are among the United States’ largest.
Japan’s factory activity shrinks at slowest pace in six months, data shows
The PMI remained below the 50-level that separates contraction from expansion for a sixth straight month April, pointing to persistent struggles for factories.
ChatGPT won’t take over from humans for now, says Infosys founder
Nothing can beat the human mind — not even AI-powered chatbots like ChatGPT, says Narayana Murthy, the founder of Indian tech giant Infosys.
China markets down 2%, leading losses in Asia-Pacific; Japan’s core inflation holds steady
Asian markets trade higher as they see key economic data out of Japan and Australia
Want to invest in the A.I. boom? Veteran tech fund manager names 4 stocks to own
Tech fund manager Ben Rogoff told CNBC the current investment environment seemed like the “iPhone moment for the artificial intelligence” sector.
CNBC Daily Open: It’s all about Elon Musk
Elon Musk dominated the spotlight yesterday: Tesla shares sank, SpaceX exploded and Musk threatened a lawsuit over Microsoft’s use of Twitter.
TikTok has tens of thousands of moderators led by group in Ireland looking for offensive content, CEO says
TikTok CEO Shou Zi Chew said at a TED conference that the company employs an army of content moderators.
UBS says this semiconductor stock is a ‘buy’ — and doubles its price target
TSMC may be an obvious pick for investors looking for exposure to Asia’s semiconductor industry, but UBS likes one of its lesser-known rivals.
Twitter finally removes legacy verification check marks
After weeks of delay, the social media platform removed blue check marks from users who aren’t paying subscribers.
