CNBC Daily Open: Correction may not be over yet
Dow snaps three-day losing streak; Super Micro sinks on earnings miss; X sues advertisers.
Samsung’s 8-layer HBM3E chips clear Nvidia’s tests for use, Reuters reports
Samsung’s fifth-gen HBM3E chips have passed Nvidia’s tests for use in AI processors, according to three sources.
Stocks close lower on Wednesday as market’s comeback attempt fizzles out: Live updates
Stocks fell Wednesday, as the major averages’ rebound failed.
Consumer giants from Starbucks to General Mills have one big sales problem: China
A theme emerging in the latest slew of U.S. companies’ earnings reports is a drag from the China market.
Macquarie names 10 ‘highest conviction’ Asia stocks that have ‘borne the brunt’ of recent sell-off
Australian investment bank says investors should focus on companies that still have their strong fundamental growth drivers intact.
Strong yen beneficiaries and more: Consider these buying opportunities amid the volatility, the pros say
“But I think what we’re seeing here is a temporary issue that will present some really good, longer term chances,” says Ted Alexander, CIO at BML Funds.
The world’s top 150 insurtech companies: 2024
The insurance industry is finding itself in the midst of a major digital transformation, known as insurtech. Against the background of this shift, CNBC, together with market research firm Statista, has listed the top 150 insurtech companies globally.
Super Micro announces 10-for-1 stock split, shares plunge 13% on earnings miss
Super Micro announced a 10-for-1 stock split and issued upbeat guidance for the first quarter.
Airbnb shares drop 14% on earnings miss as company warns of slowing U.S. demand
Airbnb shares dropped 14% in after-hours trading after the company reported second-quarter earnings that missed analyst expectations.
Elon Musk’s X sues advertisers over alleged ‘massive advertiser boycott’ after Twitter takeover
The company formerly known as Twitter filed the lawsuit against the World Federation of Advertisers and member companies Unilever, Mars, CVS Health and Orsted.
