Macquarie names 10 ‘highest conviction’ Asia stocks that have ‘borne the brunt’ of recent sell-off
Australian investment bank says investors should focus on companies that still have their strong fundamental growth drivers intact.
Strong yen beneficiaries and more: Consider these buying opportunities amid the volatility, the pros say
“But I think what we’re seeing here is a temporary issue that will present some really good, longer term chances,” says Ted Alexander, CIO at BML Funds.
The world’s top 150 insurtech companies: 2024
The insurance industry is finding itself in the midst of a major digital transformation, known as insurtech. Against the background of this shift, CNBC, together with market research firm Statista, has listed the top 150 insurtech companies globally.
Super Micro announces 10-for-1 stock split, shares plunge 13% on earnings miss
Super Micro announced a 10-for-1 stock split and issued upbeat guidance for the first quarter.
Airbnb shares drop 14% on earnings miss as company warns of slowing U.S. demand
Airbnb shares dropped 14% in after-hours trading after the company reported second-quarter earnings that missed analyst expectations.
Elon Musk’s X sues advertisers over alleged ‘massive advertiser boycott’ after Twitter takeover
The company formerly known as Twitter filed the lawsuit against the World Federation of Advertisers and member companies Unilever, Mars, CVS Health and Orsted.
Where BlackRock’s Rick Rieder sees income opportunity amid the market volatility
Rick Rieder, BlackRock’s chief investment officer of global fixed income, said these assets have attractive yields and solid fundamentals.
Trump, Harris campaigns race to define Democratic running mate Tim Walz
The Kamala Harris and Donald Trump presidential campaigns pushed dueling portraits of Harris’ newly announced Democratic running mate, Minnesota Gov. Tim Walz.
U.S. crude oil rises as Wall Street rallies, market braces for expected Iran attack against Israel
Oil futures rose on Tuesday as Wall Street sought a turnaround from the prior session’s sell-off.
Kenya central bank cuts main lending rate by 25 basis points
The rate cut comes after two monetary policy meetings at which the Central Bank Rate was left unchanged.
