CNBC Daily Open: Fear is the stock killer
Concrete numbers are driving market movement. But there’s an undercurrent of fear that can perhaps run contrary to what some of those numbers are saying.
Japan real wages down again after summer bonus bump, spending falls
Japan’s inflation-adjusted wages fell in August while household spending also declined, knocking chances of the central bank raising rates any time soon.
Samsung posts disappointing third-quarter profit guidance as it grapples with AI chips
Samsung posts worse-than-expected guidance for third quarter
Chinese travelers trickle back to a Taiwanese island, mere miles from the mainland
Tourism has slowly started to resume on Kinmen, a remote Taiwanese island 1.8 miles from China that once thrived on visitors from the mainland.
Wall Street giants like Goldman quickly up their bets on Chinese markets amid stimulus promises
That comes after many Wall Street banks and analysts downgraded China stocks in recent years, with only a few fund managers sticking to their conviction stance.
Ark Invest expects this tech stock to disrupt Big Tech firms
Ark tells CNBC that companies like it are well positioned to disrupt a tech landscape dominated by Amazon Web Services, Microsoft Azure and Google Cloud.
Foxconn chairman says AI investment boom ‘still has some time to go’ as language models evolve
Foxconn Chairman Young Liu told CNBC the artificial intelligence boom “still has some time to go” as AI models are become more and more intelligent.
S&P 500 jumps nearly 1%, Dow adds 100 points as cooler oil prices lift stocks: Live updates
Stocks rebounded on Tuesday as oil prices eased.
Coinbase is delisting some stablecoins in Europe this year. Here’s what it could mean for the crypto stock
Coinbase’s move to delist some stablecoins this year could help the company’s bottom line, says one analyst.
Here’s why this week’s inflation report could be a big market mover
Investors may be shifting their worries back to inflation and away from a potential recession.
