Buy these cheaper stocks, Barclays says, as luxury’s ‘self-help stories’ pay off
The conflict in the Middle East has weighed heavily on the world’s biggest luxury stocks, but Barclays sees a buying opportunity.
India hikes bullion import duties as the world’s second-largest gold market faces a declining rupee
The government has imposed a 10% basic customs duty and a 5% tax on gold and silver imports, as per notifications issued on Wednesday.
Morgan Stanley boosts price targets for China indexes, sees upside through second quarter of 2027
China’s highly competitive supply chain also makes the country best positioned in the high-end power and green tech space, the strategists said.
Samsung Electronics recovers $66 billion intraday wipeout after Seoul steps in to calm strike fears
Samsung Electronics reversed steep intraday losses after South Korea’s government urged labor and management to resume talks.
For Chinese exporters, Iran worries eclipse tariff woes as Trump, Xi prepare to meet
Heading into the summit, Beijing and Washington will likely reaffirm their shared intention to reopen the Strait of Hormuz and restore stability in the region.
CNBC Daily Open: Wall Street meets its old nemesis: Inflation
March’s inflation figures came in hotter than expected, raising the odds of a Fed rate hike and cooling Wall Street’s record run.
Asia markets mixed as investors watch Trump-Xi meeting and Iran tensions
Asian markets mixed on Wednesday as investors grappled with hotter-than-expected inflation, U.S.-Iran tensions and U.S.-China trade talks.
Stock futures are little changed as Wall Street awaits another April inflation report: Live updates
April’s producer price index, another key inflation report, will be released at 8:30 a.m. on Wednesday morning.
Traders will soon be able to bet on computer chip prices as AI drives costs skyward
Contracts can be used to hedge against rising GPU rental rates and other operational costs
Google races to put Gemini at the center of Android before Apple’s AI reboot
Google is using its latest Android rollout to position Gemini as the AI layer across phones, Chrome, laptops and cars.
