CNBC Daily Open: Dow gains as investors turn to banking and energy stocks; Nvidia sinks
The Dow Jones Industrial Average rose 260 points as investors rotated out of technology and into banking and energy stocks, such as Goldman Sachs and Chevron.
Tech giants bet next-generation optical networks will reduce AI’s climate impact, aid 6G transition
The likes of Microsoft, Google, Intel, and Sony are working together on photonic networks, which use light rather than electrical impulses to deliver data.
He’s only 28 but has revitalized France’s far right: Meet the man who could be the country’s next prime minister
Marine Le Pen’s protégé, Jordan Bardella, could be thrust into one of the most powerful role in French politics.
China’s premier defends national competitiveness as trade tensions simmer
Chinese Premier Li Qiang on Tuesday defended the country’s technological development while criticizing efforts to restrict global cooperation.
CNBC Daily Open: Dow jumps as investors rotate out of tech; Nvidia sinks
The Dow Jones Industrial Average rose 260 points as investors rotated out of technology and into banking and energy stocks, such as Goldman Sachs and Chevron.
U.S. probing China Telecom, China Mobile over internet and cloud risks, Reuters reports citing sources
The companies still have a small presence in the United States, for example, providing cloud services and routing wholesale U.S. internet traffic.
Julian Assange leaves jail on his way to enter plea deal with the U.S.
The WikiLeaks founder has been held in a British prison for the last five years and fought extradition to the U.S. He is expected to return to Australia.
Asia-Pacific markets mostly gain after U.S. tech sell-off pushes key Wall Street indexes lower
Investors in Asia will assess South Korea’s consumer sentiment index for June, as well as Japan’s service sector producer prices.
This stock is ‘one of the cheapest ways’ to play India’s infrastructure boom, fund manager says
India is hiking its infrastructure spending. Causeway Capital Management’s Arjun Jayaraman names one pure-play stock to cash in.
These ETFs have beaten the S&P 500 for five years and are ahead in 2024 too
The best-performing ETF had a cumulative total return of 178% compared to the S&P 500’s 112% over the past five years.
