BlackRock’s Larry Fink says he’s a ‘major believer’ in bitcoin, is worried about government deficits
The BlackRock CEO discussed cryptocurrency and government spending on CNBC’s “Squawk on the Street.”
Markets expected to get a short-term boost after Trump survives shooting
U.S. stocks are expected to get a short-term boost in the aftermath of the failed assassination of former president Donald Trump over the weekend.
With odds of a Trump win rising, here’s what it could mean for Europe’s economy
The euro area’s economy, including the zone’s gross domestic product, could be impacted if Donald Trump were to win the election, according to Goldman Sachs.
Bitcoin jumps as markets see increased odds of election victory for pro-crypto Trump
Investors said over the weekend they expected so-called “Trump victory trades” to receive a boost.
Burberry shares drop 16% after the luxury giant issues profit warning and replaces CEO
Shares in Burberry plunged Monday after a disappointing first-quarter performance led it to issue a profit warning, replace its CEO and axe its dividend.
Swatch sales, profits slump on weak China demand, hammering shares
Swatch Group reported a steep fall in first half sales and earnings on Monday as the world’s biggest watchmaker struggled with weaker demand in China.
China reports second-quarter GDP growth of 4.7%, missing expectations
The National Bureau of Statistics did not hold a press conference for the data release. China’s high-level policy meeting, the Third Plenum, kicks off Monday.
CNBC Daily Open: Trump assassination attempt
The attempted assassination of former President Donald Trump on Saturday left one attendee and the gunman dead, and two more attendees in critical condition.
Morgan Stanley names its ‘highest conviction’ stock picks for Europe, giving 4 more than 30% upside
Morgan Stanley says it’s time for stock-picking in Europe as earnings season and rate cuts are imminent.
Jefferies names ‘yet-to-be discovered AI play’ in Taiwan, giving it 42% upside potential
The company has “tight partnerships with top chip designers” including as Nvidia, Arm, Qualcomm, Intel, according to Jefferies.
