Singapore state investor Temasek to focus on early adopters of AI in the U.S.; cautious on China
The state investor said that the U.S. will still be the largest destination for its capital, although it is also looking to increase its focus on India and Japan.
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.
