Microsoft to spend $1.3 billion in Mexico on cloud, AI tech
Tech giant Microsoft will invest $1.3 billion over the next three years to build up its infrastructure in Mexico for cloud computing and artificial intelligence, the company announced on Tuesday.
Meet the Latin American e-commerce platform that’s outperforming Amazon this year
MercadoLibre has emerged as a top pick on Wall Street as investors search for tech opportunities beyond the Magnificent Seven.
These funds aim to multiply the market’s dividend yield. How they stack up to competitors
Pacer launched a new exchange traded fund on Tuesday designed to deliver distributions six times greater than the dividend yield on the Nasdaq-100 Index.
Caroline Ellison faces sentencing in FTX fraud case after testifying against SBF: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
A popular China ETF is surging Tuesday. It’s not time to jump in just yet, according to the charts
Frank Cappelleri breaks down the charts in the iShares China Large Cap ETF (FXI).
OPEC is highly bullish on long-term oil demand growth. Not everyone agrees
The Organization of the Petroleum Exporting Countries, OPEC, published its World Oil Outlook for 2024, with optimistic forecasts for robust oil demand growth.
U.S. Steel CEO defends planned sale to Japan’s Nippon, believes deal will close on its merits
U.S. Steel CEO David Burritt said the sale to Nippon would strengthen national, economic and job security.
Elliott to call for Southwest special meeting ‘as soon as next week’
Elliott Management said Tuesday it will call a special meeting at Southwest Airlines as soon as next week.
Investors bought the rate cut: Equity flows were highest in nearly 2 years last week
Bank of America Securities reported $6.9 billion worth in equity inflows last week, the highest level going back to October 2022.
‘We have much more on the way, if they will continue,’ Israel’s president says as death toll from IDF strikes on Lebanon passes 550
Israel’s Monday airstrike into Lebanon, which killed more than 550 people, comes amid a dramatic escalation of hostilities on the border.
