CNBC Daily Open: Wall Street soars; Starbucks ousts CEO
Wall Street rose after producer prices came in softer than expected, raising hopes of a rate cut.
Asia-Pacific markets mostly gain as RBNZ cuts cash rate; Japan’s Prime Minister Kishida to step down
Separately, business sentiment at Japanese manufacturers have turned slightly less confident in August, according to the Reuters Tankan survey.
Reliance, Disney offer concessions to win antitrust nod for India media merger, Reuters reports
The merged company will have lucrative rights worth billions of dollars for the broadcast of cricket, raising pricing power fears and its grip over advertisers.
These 4 Japanese stocks are trading at a ‘deep discount’: Bernstein
Bernstein continues to see promise in Japan, recommending a specific trading strategy and naming overweight-rated stocks.
Jefferies names 3 chip stocks to buy after the sell-off, giving all over 50% upside
Each of Jefferies chip stock picks have more than 50% upside.
S&P 500 closes higher for fifth straight day as easing inflation bolsters rate cut hopes: Live updates
The 30-stock Dow rose following a largely in line July inflation print.
U.S. approves $20 billion in weapons sales to Israel amid threat of wider Middle East war
The U.S. has approved $20 billion in arms sales to Israel, including scores of fighter jets and advanced air-to-air missiles.
Top Republicans call on Trump to stop insulting Harris, refocus on policy
Donald Trump has been working to pivot his campaign to attack the new Democratic nominee, Kamala Harris, instead of his prior opponent, President Joe Biden.
Coinbase urges SEC to rethink rule change that brings DeFi under its jurisdiction: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
These banks are cutting CD and savings rates. Where to park your cash to grab yield
Banks are cutting rates in anticipation of Federal Reserve rate cuts. Here’s what the pros say to do next.
