Veteran investor says ‘tech is dead,’ names safer stocks to weather the ‘current storm’
Michael Landsberg says it’s time for investors to trim the fat in their portfolios, and names five stocks to ride out the tough times.
Russian embassy tweets map that shows Crimea as part of Ukraine
A Twitter account operated by the Russian Embassy in Sweden posted a map identifying Crimea as part of Ukraine.
Treasury Secretary Yellen and China’s Liu He talk U.S. tech policy at their first in-person meeting
Chinese Vice Premier Liu He discussed U.S. tech policy toward China in a meeting with U.S. Treasury Secretary Janet Yellen, the Ministry of Commerce said.
Utility company executives acquitted of negligence in Fukushima nuclear disaster
A tsunami of the size that hit the plant was unforeseeable and the executives could not be held negligent, the Tokyo High Court said.
New Zealand Prime Minister Jacinda Ardern says she will not seek reelection
“While I won’t be contesting the election, I know the issues that impact New Zealanders most will remain the focus of the government through this year and into the election,” she said.
Investors are holding near-record levels of cash and may be poised to snap up stocks
Investor cash holdings are near record highs, and that could be good news for stocks since there is a wall of money ready to come right back into the market.
Morgan Stanley’s Slimmon says stocks will surprise Wall Street in 2023 — and names two he likes
Morgan Stanley’s Andrew Slimmon says he believes stocks are going to do “far better” than most expect this year.
2023 is set to be tough — but this ‘exceptional’ stock is rock solid, fund manager says
Trent Masters of Alphinity Investment Management told CNBC Pro Talks he picks stocks with one key quality: earnings resilience.
Asia-Pacific stocks fall tracking losses on Wall Street
Shares in the Asia-Pacific take a dip, tracking losses on Wall Street.
Apple is the only tech giant that still hasn’t announced layoffs — these charts may explain why
The tech giants went on a hiring spree over the last few years, with one exception.
