Global chip stocks fall on ASML’s disappointing outlook, possible U.S. export cap
Global semiconductor stocks dropped, after ASML’s third-quarter results pointed to a weaker 2025 sales outlook than the Dutch firm guided previously.
Alibaba’s international arm says its new AI translation tool beats Google and ChatGPT
Chinese e-commerce giant Alibaba’s international arm on Wednesday launched an updated AI translation tool aimed at merchants that want to sell globally.
CNBC Daily Open: Bullish sentiment and broadening rally – plenty to like about markets
Anticipation of rate cuts by the U.S. Federal Reserve and hopes that Beijing will unleash more stimulus to boost its economy are driving up investor sentiment.
Japan’s Nikkei leads declines in Asia-Pacific markets as investors await China housing briefing
South Korea’s unemployment rate came in at 2.5% in September, compared to 2.4% in August.
I bought a $54,000 abandoned house in Japan and turned it into a luxury Airbnb—take a look inside
Anton Wormann, 32, transformed an abandoned house in Japan into a luxury Airbnb stay. Today, it brings in about $11,000 a month.
Rates won’t be cut at an aggressive pace — here’s how to position, according to strategists
The Fed kicked off its easing cycle with a jumbo 50 basis-point rate cut — but subsequent ones will be milder, they say, sharing their forecasts.
Citi names ‘underappreciated’ AI stock as a top pick — giving it 25% upside
The U.S.-based enterprise software firm has already seen its stock price surge by over 50% year-to-date.
Dow climbs 300 points to another record close on Wednesday: Live updates
The Dow rose following a sell-off in the previous session, while the corporate earnings season carried on.
United shares hit pre-pandemic high after airline forecasts strong finish to 2024, plans buyback
United Airlines said it authorized a $1.5 billion share buyback, its first share repurchase since before the Covid-19 pandemic.
Why a ‘no landing’ scenario may take place after all
According to BNY Wealth’s Alicia Levine, the economy is facing a no-landing scenario, as she believes third-quarter real GDP growth is looking close to 3%.
