Why the stock market and economy may seem out of sync
The stock market has boomed on AI euphoria, while the trajectory of the U.S. economy has been more tepid, economists said.
Why the stock market and economy may seem out of sync
The stock market has boomed on AI euphoria, while the trajectory of the U.S. economy has been more tepid, economists said.
Meta found to breach EU laws with ‘addictive’ Instagram, Facebook designs
Instagram and Facebook’s “addictive” designs have put Meta in breach of the European Union’s digital laws, the EU concluded Friday in a preliminary report.
Abivax $920 million cash haul lets it prepare for solo U.S. launch instead of relying on a buyer, CEO tells CNBC
Its latest fundraising round provides the French biotech with enough cash to finance operations through 2029.
World oil demand set for first annual decline since 2020, IEA says
Renewed escalation in the U.S.-Iran war could complicate matters and further cloud the outlook, the IEA warned Friday.
CNBC Daily Open: A week of narrative whiplash and vibe shifts
The U.S. will engage in “technical talks” with Iran, while markets await the U.S. debut of SK Hynix.
EasyJet pops 13% as airline weighs $7.7 billion rival takeover bid from Apollo
A bidding war has broken out for budget carrier easyJet after Apollo and Castlelake have both submitted takeover offers.
India ramps up missile sales in Indo-Pacific as China’s assertiveness turns neighbors wary
India has signed a third pact for the supply of missiles in the Indo-Pacific region as countries in the region grow wary of China’s growing assertion.
Will SK Hynix’s Wall Street debut narrow its ‘Korea discount’?
As global chip giant SK Hynix makes its Nasdaq debut Friday, the listing serves as a major test of whether the company can shed its long standing “Korea Discount.”
S&P 500 closes higher to notch a winning week, helped by tech gains
The S&P 500 rose on Friday, bolstered by a couple Big Tech names, to notch a weekly gain.
