UBS is betting on European banks over automakers right now. Here’s why
UBS gave three reasons that could drive significant gains for banking stocks over the automotive sector, despite similarities in their economic cycles.
Bank of America loves these 10 unloved global stocks with major upside
One of the stocks offers more than 60% upside over the next 12 months, according to Bank of America.
China doesn’t really care who wins the war in Ukraine — it just wants to win the peace, analysts say
Political analysts question whether China has the diplomatic skills — and perceived neutrality — needed to bring Russia and Ukraine to the negotiating table.
Crypto companies are playing poker with the SEC as agency cracks down on the industry
Firms like Coinbase and Ripple are playing a game of poker with the SEC, testing the limits of their lobbying power in the hope they can get it to back down.
Asia markets mostly higher; Thailand’s election results in focus, baht strengthens
Asian markets are mixed after Wall Street sees a second straight week of losses
CNBC Daily Open: Markets’ ‘lack of conviction’
Markets lacked conviction, while the debate over the U.S. debt ceiling remained roiled by passionate intensity.
S&P 500 closes higher as debt ceiling negotiations in Washington are set to resume: Live updates
“It’s kind of a waiting game,” said Globalt Investments’ Keith Buchanan.
No, you can’t ride a lion on safari — why more companies are telling travelers ‘no’ these days
Social media, sustainability measures and staffing shortages are among the reasons travel companies are having to deny travelers’ requests these days.
Turkey faces runoff election with Erdogan leading
Turkey headed for a runoff vote after President Tayyip Erdogan led over his opposition rival Kemal Kilicdaroglu in Sunday’s election but fell short of an outright majority.
