Morningstar strategist turns bearish on Big Tech — but reveals a few stocks he still likes
Morningstar’s top strategist has an underweight on the tech sector and reveals stocks he likes — and is avoiding — right now.
S&P 500 posts record close on Monday to cap winning month and quarter: Live updates
Investors were looking ahead to an important jobs report Friday as the final session of September kicked off.
‘Golden Week’ bookings show Chinese travel preferences are evolving
Bookings show that Chinese travelers are staying longer, traveling farther and looking for new experiences — from quiet destinations to K-pop concerts.
Stocks to play the China trade until the latest stimulus package kicks in
Beijing surprised markets last week with a variety of steps designed to boost the economy.
Far-right wins close Austria election, a boost for Putin
Projections from public broadcasters based on exit polls suggest that the pro-Russia, anti-immigration Freedom Party has finished first with 29.1% of the vote.
China to cut existing mortgage rates by the end of October
All commercial banks must, in batches, reduce interest rates on existing mortgages by Oct. 31 to no less than 30 basis points below the PBOC’s Loan Prime Rate.
More than 13,000 immigrants convicted of homicide here or abroad are living freely in the U.S., ICE says
Two law enforcement officials familiar with the data said many of the migrants on the ICE list crossed into the U.S. under previous administrations, NBC News reports.
Austrian far right pledges to win Sunday’s election as tight race winds up
The leader of Austria’s far-right Freedom Party (FPO) pledged on Friday to win this weekend’s parliamentary election in what would be a historic first.
Elon Musk’s X will be allowed back online in Brazil after paying one more fine
X has to pay one last fine before getting reinstated in Brazil, according to a decision out Friday from the country’s top justice, Alexandre de Moraes.
OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue
CNBC has confirmed that OpenAI expects about $5 billion in losses on $3.7 billion in revenue this year — figures first reported by The New York Times.
