CNBC Daily Open: U.S. services pace slows slightly
The services side of the U.S. economy lost some pace in February.
AI is the talk of the town, but businesses are still not ready for it, survey shows
A MIT survey shows that despite business leaders’ bullishness on generative AI, adoption is lagging, with many companies underprepared for rapid adoption.
Asia markets fall across the board; Apple suppliers to be watched after iPhone sales fall in China
Apple shares slipped almost 3% in U.S. trading after a report from Counterpoint Research found iPhone sales plunged in China in the first six weeks of 2024.
Diversify your AI plays — these are the best alternatives to Nvidia, fund managers say
Tech investor Paul Meeks says it’s “too risky to be in just one” stock when it comes to AI. And one analyst names two startups that could be the next Nvidia.
‘Once-in-a-lifetime opportunity’? Wealth manager names 3 stocks on his radar right now
Wealth manager Brian Vendig is bullish on stocks this year, identifying opportunities across sectors and stocks.
China may have to resort to a tried-and-tested tactic to power its ‘new leap forward’
President Xi Jinping wants new technologies to propel China’s future growth, but Beijing may have to tap on infrastructure spending to hit its 2024 growth target.
CrowdStrike shares surge on earnings beat, strong full-year guidance
CrowdStrike shares surged after the company reported a strong beat and issued better-than-expected guidance for the upcoming quarter and full year.
These other crypto trades are having big years as bitcoin hits a record high
Bitcoin ETFs, ether and brokerage stocks are among the other trades that appear to be benefiting from the rise in bitcoin.
First Solar CEO says tariff exemptions threaten U.S. efforts to ramp up domestic solar manufacturing
The CEO said he is also concerned that Chinese companies will exploit tax provisions under the Inflation Reduction Act.
Cramer says Apple stock could fall another 5% from here. He also has no plans to sell it
We knew Apple’s China market wasn’t great. But a new report Tuesday reveals demand is even worse than imagined.
