Hybe, K-pop’s largest agency, gains $282 million in market cap after sublabel CEO steps down
Min reportedly said, however, that “the decision was illegal” and made “unilaterally.”
Chinese EV company Xpeng sees shares pop 6% after it launches mass-market car
Xpeng shares rose after the Chinese electric car company said prices for its new mass-market Mona brand would start as low as $16,812, far below that of Tesla.
China Evergrande’s EV arm warns of bigger first-half loss on impairment provisions
China Evergrande New Energy Vehicle said it expected to report a bigger loss for the first half of 2024, reflecting an increase in provision for impairments.
CNBC Daily Open: Stocks up ahead of Nvidia earnings
Stocks edged higher ahead of Nvidia’s earnings report. The Dow Jones Industrial Average eked out a 0.02% increase, marking its second consecutive record close.
Bitcoin falls for a fourth day, dipping below $60,000, as investors brace for Nvidia earnings
Cryptocurrencies extended losses on Wednesday following a jump in liquidations and as investors braced for Nvidia earnings.
Asia-Pacific markets fall as Australia reports higher-than-expected inflation
Australia’s inflation numbers will be watched after minutes from the Reserve Bank of Australia revealed that the central bank considered raising interest rates.
Analysts like these stocks which are cheaper and expected to enjoy earnings growth
CNBC Pro screened FactSet for global stocks that are cheap compared with their sectors, and are expected to have positive earnings growth ahead.
Want to make good investments? Avoid these 3 common mistakes, Morningstar portfolio manager says
From following fads with blind faith to trying to predict the market, Morningstar’s Nicolo Bragazza names three investing mistakes to avoid.
S&P 500, Nasdaq close lower Wednesday, Nvidia tumbles before earnings: Live updates
Investors were waiting for Nvidia’s quarterly earnings announcement, due for release after Wednesday’s closing bell.
Bitcoin tests support at $61,000 as crypto stays rangebound: 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….
