CNBC Daily Open: Biden drops out
Biden ends reelection bid and backs Harris. S&P 500 and Nasdaq post biggest weekly loss. CrowdStrike failure.
Asia stocks fall as Biden drops presidential bid; China unexpectedly cuts interest rates
“It is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as President,” Biden wrote in a letter.
As the super-rich pile into alternatives, a top investment manager reveals how others can too
Private markets enable the wealthy to “enhance their returns and grow their wealth,” said Hamilton Lane’s Juan Delgado-Moreira.
Bank of America strategist says it’s time to get bearish
The Wall Street bank’s strategist says he expects stocks in one region to slide 15%.
Kamala Harris sees surge in big money support after Biden drops out of race
Vice President Kamala Harris is already taking control of Joe Biden’s massive campaign war chest after his departure from the 2024 race.
The ‘Trump trade’ is on pause. Political uncertainty is now in the driver’s seat
In a column for CNBC Investing Club subscribers, Jim Cramer examines the investment impact of President Joe Biden withdrawing from the 2024 presidential race.
S&P 500 climbs for best day since early June as Nvidia shares lead tech turnaround: Live updates
The S&P 500 rose Monday to notch its best day since June 5 as tech shares bounced on the heels of the worst weekly loss for the index since April.
Boeing ‘disappointed’ customers but is on the path to ‘transformational change,’ commercial jet CEO says
Boeing’s troubled 737 Max has been at the center of a safety crisis at the company after a door plug blew out midair earlier this year.
Top Wall Street analysts are confident about the potential behind these 3 stocks
TipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Costco and Nvidia
China is doubling down on homegrown tech. Goldman Sachs shares its chip plays
Goldman Sachs analysts pointed out there are notable catalysts for certain semiconductor and artificial intelligence China stock plays.
