Flying cars — or eVTOLs — are becoming reality. Would you ride in one?
Dozens of firms are working on electric vertical take-off and landing (eVTOL) vehicles, popularly called flying cars, hoping they will take flight this decade.
Gold prices hit another record high after fresh U.S. data spurs Fed cut expectations
Gold prices scaled to another record high Monday, propelled by U.S. interest rate cut expectations and the metal’s appeal as a safe haven asset.
Caixin survey shows China’s March factory activity at its most robust in 13 months
The Caixin China manufacturing purchasing managers’ index was 51.1 in March — its strongest since February 2023.
Japan’s finance minister says ‘speculative’ moves in currency market impacting yen
Japanese Finance Minister warned against speculative currency market moves not reflecting economic fundamentals, repeating concerns over excessive yen declines.
China stocks rise after factory activity data; Japan’s Nikkei 225 closes below 40,000
China released its official PMI figures over the weekend, while Japan released its Tankan survey, which gauges business sentiment in the country.
AI is power-intensive. Top Morgan Stanley portfolio manager says that’s an opportunity for one stock
Artificial intelligence is very power-intensive — and its power needs are only set to rise in the coming years, going by current estimates.
Samsung says it needs to ‘redefine’ its voice assistant Bixby with generative AI upgrade
Samsung could add generative artificial intelligence technology to its voice assistant Bixby, a top executive at the company told CNBC.
Dow closes more than 200 points lower to begin April as Treasury yields pop: Live updates
The 30-stock Dow and the S&P 500 ended Monday’s session lower.
Turkey’s resurgent opposition knocks Erdogan in pivotal local elections
Turkey’s nationwide local elections are seen by analysts as a gauge of both President Erdogan’s support and the opposition’s durability.
Fed must get ‘more aggressive’ with rate cuts due to weakening jobs market, Canaccord’s chief market strategist says
The Fed may have new incentives in the second quarter to cut rates deeper this year.
