CNBC Daily Open: Are markets too optimistic?
S&P 500, Nasdaq close at all-time highs; Elliott threatens proxy fight, Germany’s bitcoin sale pressures prices
Iran has voted in a reformist president — but change remains distant
Despite Pezeshkian’s stated support for relaxing things like headscarf penalties, Iran-focused human rights groups are not optimistic.
Stolen crypto doubled to $1.38 billion in the first half of 2024, research firm says
Crypto valued at $1.38 billion was stolen by hackers from Jan. 1 to June 24, up from $657 million during the year-earlier period, TRM Labs data showed.
Japan and Philippines’ defense pact seeks to counter China’s aggression in the region, experts say
Japan and the Philippines have signed a landmark defense pact, allowing exchanges of armed forces for training and military exercises amid China concerns.
S&P 500 rises to fresh record ahead of Powell testimony: Live updates
The S&P 500 rose on Tuesday to a fresh record as investors awaited key testimony from Federal Reserve Chair Jerome Powell.
CNBC Daily Open: Are markets overly optimistic?
S&P 500, Nasdaq close at all-time highs; Elliott threatens proxy fight, Germany’s bitcoin sale pressures prices.
Japan stocks and India’s Nifty 50 hit fresh highs as Asia-Pacific markets rise
Asia-Pacific markets rose on Tuesday, tracking gains on Wall Street that saw the S&P 500 and the Nasdaq Composite closing at record highs overnight.
‘Make or break week:’ Stifel sees 40% chance of President Biden dropping out of the race
Brian Gardner, Stifel’s chief Washington policy strategist, said it is a “make or break week” for President Joe Biden’s campaign.
There’s a major bottleneck in AI data center expansion, analysts say. Here’s how to play it
One area is causing a major bottleneck in data center expansion and the energy transition, according to analysts, who name stocks to buy.
RBC adds 2 global oil and gas stocks to its superbly outperforming energy list
The investment bank’s basket of stocks has beaten its benchmark by nearly 200% since its inception about a decade ago.
