Goldman Sachs says Asia tech is about to rebound — and reveals a chip stock to play it
Investors seeking to cash in should act early, according to Goldman Sachs, which expects prices to rebound from the first half.
Dow closes 100 points higher, S&P 500 and Nasdaq notch best week since November
All of the major indexes climbed into the green in the afternoon after beginning the day markedly in the red.
Crypto firms Genesis and Gemini charged by SEC with selling unregistered securities
The SEC alleged on Thursday that crypto firm Gemini, founded by the Winklevoss twins, and Barry Silbert’s Genesis offered and sold unregistered securities.
Exxon predicted global warming with remarkable accuracy years ago, study shows
A study from two Harvard academics and one from the University of Potsdam in Germany show that incredible accuracy with which Exxon predicted climate change.
Meta sues Voyager Labs, saying it created fake accounts to scrape user data
Meta alleged that Voyager Labs was improperly creating fake accounts and scaping user data.
Hedge funds are aggressively buying Chinese stocks, betting on a deeper, but shorter Covid setback
Hedge funds have been consistent net buyers of China equities for eight of the past 10 weeks, going back to the start of November.
More than 360 new UFO cases have been reported to U.S. intelligence agencies since March 2021
The total record of bizarre aerial activity now sits at 510.
As latest short squeeze unfolds on Wall Street, here’s what that means and who could be next
Traders are once again piling into stocks with high short interest, and these names could be the next targets of the most recent move to punish short sellers.
Time for the Fed to declare victory on inflation? Not yet
The question now is how much more evidence policymakers will need to see before they take their foot off the brake.
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.
