Samsung warns fourth-quarter profit could plunge 35%, misses expectations
Samsung Electronics on Tuesday said it expects to post a 35% drop in operating profit in the fourth quarter of 2023.
CNBC Daily Open: Turbulent times for Boeing
The more recent incident involving Boeing’s 737 Max 9 planes has already been faced with scrutiny as the FAA ordered a grounding of the planes, affecting around 171 aircraft worldwide.
A new train pass is launching in Japan this winter — but travelers will have to act fast
Japan’s Rail Pass isn’t the money saver it used to be. But the Kyun Pass may save money for travelers headed to winter hot spots like Nagano.
‘One of the best valuations for AI’: Buy the dip in this Big Tech stock, strategist says
Nvidia has been an investor favorite for AI, but other firms have been busy building their capabilities too. Matt Orton names one he says is “underappreciated.”
Morgan Stanley names its ‘most preferred’ European internet stocks — and gives one 70% upside
Internet stocks in Europe are set for gains in 2024 — thanks to improving fundamentals and falling interest rates, according to Morgan Stanley.
China investors will be asking these 3 questions in 2024
China’s investment story has been overshadowed in the last year by longer-term problems and tensions with the U.S.
Shein’s revenue is ‘a lot more’ than $30 billion annually, key retail partner says
Little is known about how much revenue Shein sees but one of the retailer’s key partners said its sales are “a lot more” than $30 billion annually.
Here are JPMorgan’s top picks for each industry in 2024
The firm compiled compelling ideas across corners of the stock market.
Barclays slashed 5,000 jobs in 2023 as latest overhaul ramps up
Barclays slashed its workforce by around 5,000 jobs in 2023 as part of a major cost-cutting drive announced last year, the bank said on Monday.
OpenAI responds to New York Times lawsuit, says ‘regurgitation’ of content is a ‘rare bug’
The New York Times recently sued the artificial intelligence startup over alleged copyright infringement.
