The S&P 500 and the VIX are near key thresholds, which could test the market’s mood
This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics.
JPMorgan shutters website it paid $175 million for, accuses founder of inventing millions of accounts
Regardless of the outcome of this legal scuffle, this is an embarrassing episode for JPMorgan and its CEO, Jamie Dimon.
These under-the-radar bank stocks are among Wall Street’s favorites as earnings season begins
Several big banks will kick off earnings season for the sector on Friday, yet it’s smaller, under-the-radar names that are most loved by Wall Street.
Nelson Peltz lays out his case for Disney proxy fight, slams Fox acquisition
Disney will be facing Nelson Peltz’s Trian Fund Management in a proxy fight.
FTX founder Sam Bankman-Fried denies stealing user funds and repeats claims of solvency in new post
Bankman-Fried repeated several claims which bankruptcy officials and federal regulators have denied or contradicted.
UAE sparks furious backlash by appointing Abu Dhabi oil chief as president of COP28 climate summit
The UAE said Thursday that the head of state oil giant ADNOC will lead the COP28 climate talks in Dubai later this year, prompting a furious backlash.
Assassin’s Creed maker Ubisoft sinks to seven-year low after slashing guidance, cancelling games
Ubisoft shares slumped as low as 18.80 euros apiece Thursday morning, hitting their lowest level in nearly seven years.
Biggest risk for UK stocks right now? There’s no recession, strategist says
The biggest risk to the U.K. stock market is avoiding a widely anticipated recession, according to Roger Lee, head of equity strategy at Investec.
The U.S. economy and stocks face a difficult year — and could even lag Europe
After a tough 2022, some strategists argue this year could be Europe’s time to shine.
European stocks close at highest level since April 2022 after U.S. inflation print
European markets on Thursday closed at their highest level since April 2022, despite a choppy afternoon following the release of U.S. inflation data.
