U.S. adds six companies to trade restriction list, four for training China’s military
The U.S. added six companies to its trade restriction list, including four for their links to the training of China’s military forces.
CNBC Daily Open: Tesla soars, S&P closes above 5,500
The S&P 500 closed above 5,500 for the first time as the Fed Chair announced inflation progress. Tesla shares surged 10.2% despite a drop in deliveries.
Asia-Pacific markets mostly rise as investors assess business activity data from the region
Asia-Pacific markets mostly rose Wednesday, after U.S. Fed Chair Jerome Powell comments on inflation, while investors assessed a slew of data from the region.
Skydance and National Amusements near Paramount deal as special committee reviews terms
National Amusements agreed to a preliminary deal to hand over control of Paramount to David Ellison’s Skydance Media, the latest in a messy sales process.
Can’t understand your teenager’s behavior? Psychologists have tips to offer
Teenagers are often perceived as having little control over their emotions, and while parents may see this as unnecessary angst, it could be due to anxiety.
Worried about Nvidia? This stock offers clues about when AI will go mainstream, Scotiabank says
Scotiabank believes that as large companies prepare to start AI spending, one stock is well placed to benefit.
Want to cash in on the AI boom? Buy these 2 lesser-known stocks, portfolio manager says
Portfolio manager Christopher Carey expects returns from AI to be across “multi-years [and] decades” and names two stocks he likes right now.
Fed to cut rates three times by year-end, Lazard market strategist Temple says
Lazard’s chief market strategist sees a more accommodative Federal Reserve than the market is currently priced for.
‘It’s not just Taylor Swift’: ECB’s Lagarde says Eras Tour is not alone in keeping euro zone inflation high
European Central Bank President Christine Lagarde said that Taylor Swift’s Eras Tour is not alone in keeping inflation high across the euro zone.
A full breakdown of the S&P 500’s chart and what it indicates about the second half
Frank Cappelleri gives the four major technical factors he’s watching on the benchmark.
