Can U.S. lenders keep up their momentum? Don’t bank on it
Steve sets the stage for the start of earnings season, with U.S. lenders set to fire the starting gun later today. JPMorgan chief Jamie Dimon said last quarter was nearly “as good as it gets” – are investors set for a rude awakening this time around?
10-year Treasury yield falls as energy prices stabilize
The 10-year Treasury note yield fell on Tuesday after energy prices stabilized, as investors looked ahead to key economic data releases this week.
Anthropic warns AI models could soon copy themselves across home devices
Anthropic’s latest research adds to the growing safety concerns around AI from the ability for models to carry out cyberattacks to the technology going rogue.
CNBC Daily Open: ‘Boring’ trumps disorder and volatility
Some warning lights are flashing on the global economy dashboard.
As ‘Cockroach’ protests grow over alleged voter fraud, Modi defends India as ‘mother of democracy’
Protests in India demanding the removal of the chief election commissioner for alleged voter fraud have intensified.
French supermarket fridges get hacked, heating to 122°F and sparking fires
Hackers targeted hundreds of French supermarkets in a large-scale cyberattack, causing refrigerators to overheat, spoiling food, and sparking fires.
Visa gets Beijing’s green light for bank card business after 40 years of working with China
The incremental approval comes as the U.S. and Chinese presidents are due to meet for a third time this year next month.
e.l.f. Beauty CEO Tarang Amin on why it ‘never hurts to have a conversation’
e.l.f. Beauty CEO Tarang Amin reflects on why he initially dismissed the opportunity to lead the cosmetics company before changing his mind, and how it reinforced his belief that it never hurts to have a conversation. He also discusses his immigrant up…
Oil prices mixed as traders assess Russian diesel supply prospects and Saudi-Houthi conflict
Oil prices were little changed as investors assess potential supply disruptions against prospects of more Russian diesel entering global markets.
IMF warns bond yields could see a ‘disorderly’ spike as debt, inflation risks worsen
The IMF says risks in the government bond market have worsened and that yields could jump sharply and disorderly.
