Bank of America likes this new AI play from the auto sector
Investors should eye this software stock just before a multiyear adoption cycle for AI-enabled dashcam technology takes hold, according to Bank of America.
CNBC’s Inside India newsletter: India Inc might not even need a Fed rate cut — but it wants one
Emerging markets have been on tenterhooks for the better part of this year as the Federal Reserve has been dangling the prospect of an interest rate cut.
Be careful what you wish for: The S&P 500 typically falls after the first rate cut
The broad market index has historically pulled back after the central bank’s initial rate decrease, data shows.
Red flags that suggest a job posting doesn’t offer a ‘competitive salary’ as it claims, recruiters say
If a job posting claims to offer a “competitive salary,” there may be signs that it’s an empty promise.
Nvidia tops the individual stock market values of Germany, France and the UK
Nvidia’s AI-fueled rally has been historically fast, and now the stock is worth more than the entire market value of some of the world’s largest economies.
Super Micro, Dell shares jump as Elon Musk calls them suppliers to xAI supercomputer project
“Dell is assembling half of the racks that are going into the supercomputer that xAI is building,” Musk said, adding that Super Micro will also be involved.
IMF chief says Europe looks like ‘an ideas supermarket’ for the U.S., calls for further integration
The head of the International Monetary Fund on Thursday called on Europe to achieve the full potential of the single market.
Dutch PM Mark Rutte set to be next NATO secretary-general after rival withdraws from race
Romanian President Klaus Iohannis has rescinded his bid for NATO leadership and thrown his support behind Dutch Prime Minister Mark Rutte.
Tropical Storm Alberto makes landfall in Mexico; Texas faces flooding and heavy rain
Heavy rains, coastal flooding and gusty winds were expected along the coasts of Texas and northeastern Mexico as the first named storm of the hurricane season made landfall.
Bank of England keeps rates at 5.25% in ‘finely balanced’ decision; traders lift bets for August cut
The central bank’s key interest rate is at a 16-year high of 5.25%, where it has stood since August 2023.
