CNBC Daily Open: Tech might not be the biggest beneficiary of rate cuts
Technology stocks benefit the most from low interest rates, conventional market wisdom says.
New details of Trump family crypto project released, including who can buy in
World Liberty Financial is expected to operate as a crypto banking platform.
Nikkei falls over 1% as yen strengthens; Asia markets trade mixed ahead of Fed meeting
Investors in Asia await the Fed meeting beginning Tuesday stateside as markets debate the size of the central bank’s expected rate cut.
India’s central bank chief plays down fears of a deposit crunch
Reserve Bank of India Governor Shaktikanta Das raised the issue of slowing bank deposits underperforming an expansion in loans in an interview with CNBC.
Looking for tech stocks? CIO names 3 to buy — and says Nvidia is still ‘reasonably valued’
Jason Ware of Albion Financial Group shares his picks, including one he describes as a “dinosaur” with potential and a “fabulous growth story.”
Cooling needs and more: Jefferies names global stocks to buy driven by AI data center demand
AI data centers are growing fast, as is the demand for them — and that’s set to drive up the demand for products such as cooling systems.
The Bank of Japan’s next rate hike may come in December, not this week: CNBC survey
CNBC surveyed economists, FX strategists and Japan-focused fund managers on their BOJ expectations and year-end forecast for the yen.
Biden administration awards Intel up to $3 billion under the CHIPS Act
The Biden administration announced Monday that it is awarding Intel up to an additional $3 billion under the CHIPS Act.
Don’t expect much from stocks for the next decade, says JPMorgan
The market appears to be too expensive relative to history, according to the firm, which is projecting a 5.7% annual S&P 500 return over the next decade.
Intel stock jumps on plan to turn foundry business into subsidiary and allow for outside funding
Intel said it’s turning its foundry business into an independent unit with its own board and the potential to raise outside capital.
