CNBC Daily Open: A mixed bag of earnings
The latest batch of corporate earnings turned out to be mixed bag for Wall Street.
Alibaba pops 6% pushing Hong Kong stocks higher; Asia markets mostly lower
Asian markets will look at trade numbers from Japan, as well as private surveys on Australia and Japan’s factory activity.
This Swiss auto parts maker’s stock could soar by 75%, Vontobel says
The profit margins of the company, which supplies parts to car makers such as BMW, Ford, Renault and Mercedes, is expected to rise.
Goldman Sachs loves these 4 global battery stocks — giving one more than 120% upside
Though the investment bank cut its forecast for global battery demand, it still likes the sector, reiterating its buy ratings for several stocks.
SAP plans job changes or buyouts for 8,000 employees in restructuring plan
SAP announced a restructuring plan on Tuesday that will affect over 7% of its workforce, but overall headcount should be about the same by year end.
Nasdaq, S&P 500 close higher for fifth straight day as Netflix shares surge: Live updates
Stocks rose Wednesday after Netflix reported its subscriber count reached a new record in the fourth quarter.
Turkey’s parliament approves Sweden’s NATO membership, lifting key a hurdle
Turkish legislators on Tuesday endorsed Sweden’s membership in NATO, lifting a major hurdle on the previously nonaligned country’s entry into the military alliance.
As more tankers divert from Suez Canal, there’s a ‘sea change’ in way Europe is buying crude
US oil production is at a record, and as more crude tankers avoid the Red Sea and Suez Canal, Europe is buying more of it for the diesel market.
Bitcoin briefly falls below $39,000 as post-ETF selling pressure continues: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
Johnson & Johnson to settle talc baby powder investigation, will reportedly pay $700 million
The settlement does not resolve the tens of thousands of lawsuits alleging that J&J’s talc-based products caused cancer.
