U.S. oil posts worst day in two years after Israel spares Iran crude facilities
Oil prices lost ground on Monday after Iranian energy facilities were spared during an Israeli attack over the weekend.
China’s industrial profits plunge at fastest pace since the pandemic
The country’s industrial profits declined 27.1% year-on-year in September.
CNBC Daily Open: Nasdaq hits high even as poor earnings growth disappoints investors
Even though almost three-quarters of S&P companies have beaten expectations, according to FactSet data, the rate of profit growth has not met expectations.
TSMC suspended shipments to China firm after chip found on Huawei processor, Reuters reports
TSMC halted shipments to China’s Sophgo after a chip it made was found in a Huawei AI processor, say sources tp Reuters.
F1 championships are increasingly being decided by how teams use new technology
With the cost-cap limiting budgets to $135 million per year, automating repetitive tasks is crucial to ensuring teams are using their resources efficiently.
Japan’s Nikkei 225 climbs, yen drops amid political uncertainty as ruling coalition loses majority
The LDP and its coalition partner Komeito have secured 215 out of 465 seats, public broadcaster NHK said early Monday morning local time.
Analysts give this Chinese tech stock 40% upside — but one CIO warns it could be a ‘one trick pony’
Chinese tech company Baidu garnered interest among investors following a 28% year-to-date drop in its share price.
Buy this tech firm that’s quietly automating warehouses with robots, say Berenberg and Citi — giving it 50% upside
Investment banks say investors should pick up the stock during a temporary downbeat mood across the sector.
Stocks rise to start week as oil prices fall, tech shares gain before key earnings: Live updates
Five of the Magnificent Seven companies are scheduled to report third-quarter earnings this week.
Lifting the lid: An inside look at the technology that fuels Formula One success
To win in Formula One, every second counts – and it’s technology that fuels the team’s success. CNBC’s “Inside Track” The Business of Formula One” lifts the lid on the technological advancements that can make or break a team’s time on the circuit.
