Big Tech is set for a comeback, asset manager says, naming 2 stocks to get ahead of it
One outperforming asset manager says he would not bet against any of the Big Tech stocks, and names two favorites.
Hoping to beat the tourist crowd on your trip to Japan? That ship has sailed
In October, Japan recorded 498,600 visitors, up from 206,500 arrivals in September, preliminary data from the Japan National Tourism Organization showed.
Asset manager names 9 ‘cheap’ stocks to buy as recession fears grow
Steven Glass, managing director of Pella Funds Management, urged investors to be “hyper-vigilant” about valuations right now.
S&P 500 and Nasdaq close lower for third day as investors look to Fed Chair Powell’s speech
The S&P 500 and the Nasdaq slipped Tuesday.
This indicator is offering a hopeful signal for global markets, despite turmoil in China
This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics.
China encourages elderly vaccination; Hong Kong closes 5% higher
Stocks in Hong Kong led gains alongside Chinese indexes after Chinese health authorities held a press briefing on its Covid policies, encouraging elderly to get vaccinated.
Cathie Wood expects a U.S. recession in 2023 that could help her fund’s performance
If the U.S. falls into a recession in 2023, forcing the Federal Reserve to stop hiking interest rates, that could help Cathie Wood’s fund, she says.
CNBC Pro Week: Cathie Wood says disruptive tech will grow 30-fold by 2030 if she’s right
Ark Invest Founder and CEO Cathie Wood sits down with CNBC Pro to share stocks she thinks will revolutionize the tech investing landscape in the coming years amid high interest rates. Wood also breaks down the future of disruptive technology, and why s…
How FTX ‘death spiral’ spelled doom for BlockFi, according to bankruptcy filing
FTX was supposed to be BlockFi’s savior, not their undoing, but BlockFi’s Chapter 11 filing stretches back to spring 2022, beginning and ending with FTX.
Defying forecasts, crude oil prices have wiped out most of this year’s gains and could head lower
Oil prices are defying expectations and are barely higher on the year, as the outlook for oil demand continues to deteriorate for now.
