Asia tech sell-off has not derailed AI investment cycle, J.P. Morgan says
The recent 25%-30% correction in Asian tech stocks and the Philadelphia Semiconductor Index marks the third major drawdown since the upcycle began in late-2022.
JPMorgan’s Jamie Dimon warns of high leverage: ‘Somebody will disrupt the market’
JPMorgan Chief Executive Officer Jamie Dimon warned that leverage across financial markets remains elevated, adding that investors should be mindful that hidden borrowing could amplify market disruptions.
JPMorgan’s Jamie Dimon warns of high leverage: ‘Somebody will disrupt the market’
JPMorgan Chief Executive Officer Jamie Dimon warned that leverage across financial markets remains elevated, adding that investors should be mindful that hidden borrowing could amplify market disruptions.
JPMorgan’s Jamie Dimon warns of high leverage: ‘Somebody will disrupt the market’
JPMorgan Chief Executive Officer Jamie Dimon warned that leverage across financial markets remains elevated, adding that investors should be mindful that hidden borrowing could amplify market disruptions.
CNBC Daily Open: Iran, Oman in talks on Hormuz; SpaceX is loyal to Nvidia on AI
Optimism over a Strait of Hormuz deal pushed the Dow to a record high and its fifth positive day in a row, while oil extends a cooling trend.
Iran’s Hormuz Strait plan reportedly blocks U.S., Israeli ships; U.S. rejects any ‘impediments’
The U.S. appeared to quickly reject the terms of an Iranian draft plan that would open the Strait of Hormuz to ships except those from the U.S. and Israel.
Mexican jalapenos tied to Salmonella outbreak in 27 U.S. states
U.S. health officials are investigating a Salmonella outbreak linked to Mexican jalapeno peppers that has sickened 345 people in 27 states.
Inside India newsletter: What’s behind India’s rush to sell shares in state-owned firms
India is ramping up stake sales in state-owned companies to keep the growth engine running amid growing fiscal constraints
Thursday’s big stock stories: What’s likely to move the market in the next trading session
The Dow Industrials rose more than 260 points on Wednesday, closing at a new record. Tune in to CNBC for Occidental Petroleum CEO Richard Jackson.
Dow futures inch higher after blue-chip index posts new record close: Live updates
Markets ended divided Wednesday as a record close in the Dow Industrials contrasted with losses in the Nasdaq Composite and S&P 500.
