European stocks close slightly lower as Davos draws to close; UK retail sales drop
European stock markets closed slightly lower Friday, erasing gains through the morning and previous session.
CNBC Daily Open: Markets in the green, Davos in full swing
The week is wrapping up on a brighter note as U.S. markets snap losing streaks, while across the Atlantic headlines from Davos grab attention.
Amazon’s AWS to invest $15 billion to expand cloud computing in Japan
Amazon Web Services said it plans to invest $15.24 billion in Japan by 2027 to expand cloud computing infrastructure that serves as a backbone for AI services.
OpenAI’s Altman says U.S. and AI will be ‘fine’ no matter who wins White House after Trump’s Iowa landslide
OpenAI CEO Sam Altman said he believes America and AI are both going to be ‘fine’ regardless of the outcome of this year’s presidential election.
China’s working age population is shrinking
China’s working age population is shrinking as a share of the total number of people in the country, according to official data.
Taiwan leads gains in Asia markets; Japan December inflation at its lowest since June 2022
Japan’s December headline inflation rate hit its lowest level since June 2022, cooling to 2.6% from 2.8% in November.
Lenovo bets its Motorola smartphone brand will be the third-biggest globally in 3 years
A top Lenovo exec said he’d “bet a paycheck” that Motorola will be the third-biggest smartphone brand in 3 years, laying down a challenge to Apple and Samsung.
Top CEOs fear that volatile supply chains are now just the new normal
Top CEOs are closely following tensions in the Red Sea, warning that this kind of volatility for supply chains is likely here to stay.
CNBC Daily Open: Dow breaks losing streak
The week is wrapping up on a brighter note as U.S. markets snap losing streaks, while across the Atlantic headlines from Davos grab attention.
Here’s Morgan Stanley’s ‘conviction list’ of global dividend stocks
Morgan Stanley produced a screen of what it called its “conviction list” of dividend stocks. CNBC Pro features eight of them.
