Japan to give up to $1.8 billion in subsidies for storage battery, chip projects
Among the proposals that it will subsidize is a plan by Honda and battery maker GS Yuasa to invest about 430 billion yen to boost storage battery production.
China’s top chipmaker will ‘struggle’ to make cutting-edge chips competitively
SMIC is key to China’s chip ambitions but it may struggle to produce cutting-edge semiconductors at an efficient level if it cannot access advanced equipment.
China just called Ukraine for the first time in the war. The timing wasn’t accidental, analysts say
The timing of Xi’s call to Ukraine — and China’s decision to send emissaries to Ukraine — has raised eyebrows among political and defense analysts.
This weight-loss drug maker’s stock is up 20% this year — and Barclays sees it going higher
According to research by Barclays analysts, the market for obesity treatment drugs could grow to nearly $100 billion or more over the next 10 years.
Goldman Sachs and Morgan Stanley say these chip stocks have more upside — giving one nearly 50%
Chip stocks have rebounded this year after performing poorly in 2022. CNBC Pro takes a look at semiconductor stocks that the banks are giving further upside to.
CNBC Daily Open: Markets had their best day in months
Tech shares and a soft domestic growth number gave U.S. markets the best day they’ve had in months.
Asia markets rise as Japan keeps monetary policy unchanged, yen weakens
Asian markets rise as Japan keeps monetary policy unchanged in Ueda’s first monetary policy meeting
Dow rises more than 100 points Friday, heads for best monthly gain since January: Live updates
Investors digested the latest round of corporate earnings, including Amazon’s.
Intel reports largest quarterly loss in company history
The loss per share was slightly better than soft Wall Street expectations.
Powell duped by Russian pranksters who claimed to be Ukraine’s Volodymyr Zelenskyy
Video clips circulated on Russian state TV showed Federal Reserve Chairman Jerome Powell fielding questions from two well known pro-Kremlin comedians.
