CNBC Daily Open: Powell maintains that elections won’t sway Fed’s policy
If inflation resurfaces because of the incoming administration’s policies, the Fed’s likely to stay its hand in lowering rates.
Asia-Pacific markets climb after Fed rate cut boosts Wall Street rally; China’s NPC in focus
Investors will assess household spending data out of Japan, which could offer clues to the policy path ahead for the Bank of Japan.
The sectors — and stocks — to buy in Asia after Trump’s win, according to analysts
“At face value, Trump 2.0 is bad news for Asia, esp[ecially] China,” Macquarie Research analysts said, but they remains bullish on a number of stocks.
Bitcoin’s on track to hit $100,000 after Trump’s election victory, analysts say
Bitcoin is on track to hit the $100,000 price milestone after Donald Trump’s presidential election victory, according to analysts who spoke with CNBC.
How Samsung fell behind in the AI boom leading to a $126 billion wipeout
Samsung Electronics has fallen behind long-time rival SK Hynix in the area of high-bandwith memory.
His company has helped hundreds of businesses with their digital transformation—here’s how they’re getting AI ready
Christine Tan spoke with Keshav Murugesh, Group CEO of WNS, at the “CNBC Connect” event in Bangkok, Thailand, to learn how businesses can use AI to revolutionize their operations and unlock hidden potential.
DoubleLine’s Gundlach says expect higher rates if Republicans also win the House
DoubleLine’s Jeffrey Gundlach said interest rates could shoot higher if Republicans end up controlling the House and securing a governing trifecta.
Block reports revenue miss but a slight beat on earnings
Shares of Square parent Block tumbled in extended trading on Thursday after the company reported disappointing revenue for the third quarter.
Traders see good chance the Fed cuts again in December then skips in January
Fed funds futures contracts pointed to a roughly 75% probability that the U.S. central bank would cut rates again in December.
Powell says he would not resign as Fed chief if Trump asked for his resignation
When asked whether he would resign if asked by Trump, the Fed chair simply said: “No.”
