Hong Kong stocks are off to their best start since 2018 on China recovery hopes
Property and technology stocks continued to lift the Hang Seng index, which rose more than 3% in Wednesday’s session.
Amazon says it will cut over 18,000 jobs, more than initially planned
Amazon has decided to get rid of additional roles after committing to a round of cuts in its corporate workforce in November.
Samsung expected to post lowest quarterly profit in years due to memory chip ‘market carnage’
Samsung’s profit could nosedive in the fourth quarter as memory prices have plunged sharply amid a lack of demand.
Tech’s had a brutal year. But four stocks have a bright future, investor says
Tech stocks were heavily sold off in 2022, but investment pro Jason Ware remains bullish on the sector in the longer term, naming four stocks he likes.
Citi is bearish on lithium — at least for the near term. But it’s giving some stocks big upside
The bank isn’t turning fully negative on lithium, saying it’s bullish on its long-term outlook. It names three stocks to watch.
Salesforce is cutting 10% of its personnel, more than 7,000 employees
Salesforce is cutting 10% of its personnel and reducing some office space as part of a restructuring plan, the company announced Wednesday.
Alibaba, other China ADRs surge as Ant Group capital plan approval fuels hope for relaxing scrutiny
Ant Group, which previously had its own IPO plans scuttled by regulatory concerns, was allowed to double its registered capital as part of the new plan.
CNBC Pro Talks: Tim Seymour breaks down how to pick winning stocks in international markets in 2023
Investors are looking for a fresh start for the markets after 2022 hit several sectors hard. Since September, “Fast Money” trader Tim Seymour has been telling CNBC Pro subscribers that 2023 could be tough sledding as the Federal Reserve continues to fi…
Share of new car buyers with a monthly payment of more than $1,000 hits record high
High prices and rising interest rates are causing an affordability problem for many car shoppers.
Fed officials see higher rates for ‘some time’ ahead
Policymakers expressed the importance of keeping restrictive policy in place while inflation holds unacceptably high.
