A recession is imminent and favored tech stocks set to crater like the ‘Nifty Fifty’ did, BCA Research says
The rise and fall of the Nifty Fifty stocks in the 1970s is a cautionary tale for investors in the Magnificent Seven craze, according to BCA Research.
Stellantis CEO says too soon to confirm 2025 dividend as shares slide
Shares slid their lowest since July 2022 as investors fret that soaring costs of reviving the automaker’s U.S. business will threaten payouts to shareholders.
U.S. crude oil jumps as Biden comments on possible Israel retaliation against Iran
Supply disruption risks are increasing as fighting in the Middle East intensifies, according to analysts.
European markets close 1% lower as investors focus on Middle East escalation
European stocks closed lower Thursday as conflict in the Middle East weighed on regional investor sentiment.
Biden administration can move forward with student loan forgiveness, federal judge rules
A federal judge will let expire a temporary restraining order against the Biden administration’s sweeping new student loan forgiveness plan.
CNBC’s Inside India newsletter: The ‘sticky’ outsourcing firms on the rise
Inside India looks at the growing trend in outsourcing research and development to India, and how India will fabricate its first microchip in two years.
Digital bank Revolut slams Meta over approach to scams, says tech giant should compensate victims
British fintech Revolut criticized Meta over its approach to tackling fraud and said the U.S. tech giant should directly compensate fraud victims.
Oil market faces a rude awakening if Iran’s energy infrastructure is targeted, analysts say
Oil markets are being too complacent given the risk of major supply disruptions in the Middle East, analysts told CNBC on Thursday.
Tesla recalls more than 27,000 Cybertrucks to fix rear-view camera delay
Tesla said on Thursday it would recall more than 27,000 Cybertrucks due to delayed rear-view camera images that could impair driver visibility.
Klarna CEO says a European tech brain drain is ‘number one risk’ for company ahead of IPO
Klarna boss Sebastian Siemiatkowski said unfavorable share-based compensation rules in Europe could cause employees to flock to U.S. tech companies.
