CNBC Daily Open: No letup in tech layoffs
There appears to be no letup in Silicon Valley’s march to downsize, or rather to “right-size.”
‘A slow fiscal death’ awaits some countries in this ‘decade of debt,’ says economist Arthur Laffer
The world is looking at a debt crisis that will span the next 10 years and it’s not going to end well, economist Arthur Laffer has warned.
House rejects Israel aid bill amid fight over bipartisan border package
House Republicans brought up an Israel-only aid bill Tuesday after lashing out against a bipartisan Senate immigration bill that included assistance for Israel, Ukraine and Taiwan.
Asia markets mostly rise as investors assess corporate earnings; Japan’s Nikkei falls
Asia-Pacific stocks were mostly higher Wednesday as investors assessed corporate earnings and China’s efforts to bolster its market.
Bhutan’s new ‘Mindfulness City’ is massive — with plans showing a city unlike any other in the world
Like Saudi Arabia’s linear city, called The Line, Bhutan’s “Gelephu Mindfulness City” shows how modern cities may look and function in the future.
Silver set for a ‘terrific year’ and could outperform gold to hit a 10-year high
This year could bode well for silver demand, with prices potentially hitting a decade-high, said the Silver Institute.
Japanese stocks can soar 50%, says advisor — and investors can cash in with these ETFs
The former JPMorgan Japan equities research boss says the value proposition for Japan has arrived.
This global EV stock could double in price in 3 to 5 years, analyst says
According to FactSet, analysts covering the stock give it potential upside of 81.1% to the average price target, with 94% giving it a buy rating.
Elon Musk’s X funds Gina Carano lawsuit vs. Disney, Lucasfilm over ‘Mandalorian’ firing
The lawsuit comes after Elon Musk vowed to foot legal bills for X users who had been the victims of retaliation over their social media posts.
NYU’s ‘Dean of Valuation’ says Nvidia is ‘particularly overpriced’ after its surge this year
Nvidia, which has outpaced its peers in the “Magnificent Seven,” looks especially expensive after its 37% advance in 2024.
