How a $4 billion Indian startup won Meta’s backing but lost its founder to WhatsApp
Indian fintech startup Cred will raise $900 million in a round led by Meta, but has lost its founder and CEO to WhatsApp.
China’s 618 shopping festival growth slows sharply as consumer spending malaise persists
The latest consumer data reinforce how consumption in China remains subdued.
Magnificent 7 stock pullback now looks like a buying opportunity, strategist says
Recent weakness in Magnificant 7 now looks to be an opportunity for investors, given that US equity trends remain bullish in the near term, Fundstrat says.
India’s Tata Electronics hit by cyber breach claiming to expose Apple, Tesla trade secrets
Tata Electronics said on Monday it had detected a “cybersecurity incident”, after researchers said World Leaks posted design papers of Apple and Tesla.
Goldman Sachs picks best hedges for a rate-shock scenario
The bank said last week’s hawkish Federal Open Market Committee meeting has increased uncertainty over the outlook for short-term interest rates.
CNBC Daily Open: U.S. waives Iran sanctions; rotation out of megacap techs
There was a rotation out of big tech that weighed on the S&P and Nasdaq, offsetting news of the U.S. waiving Iran oil sanctions for 60 days.
Oil prices edge lower as market monitors tanker traffic through Strait of Hormuz
Oil falls Tuesday as investors continue to assess the latest developments in the Middle East, while showing optimism the conflict may end soon.
Beijing is summoning executives again, but here’s why that’s causing less worry than in 2021
Beijing is summoning tech executives for meetings as it did in 2021, but now it has less room to wield a heavy hand due to deflation and rivalry with the U.S.
Beijing is summoning executives again, but here’s why that’s causing less worry than in 2021
Beijing is summoning tech executives for meetings as it did in 2021, but now it has less room to wield a heavy hand due to deflation and rivalry with the U.S.
Beijing is summoning executives again, but here’s why that’s causing less worry than in 2021
Beijing is summoning tech executives for meetings as it did in 2021, but now it has less room to wield a heavy hand due to deflation and rivalry with the U.S.
