We’re increasing our Cisco Systems price target after an AI-fueled beat and raise
Cisco Systems shares spiked higher Wednesday evening after the networking company delivered a quarterly beat and outlook raise.…
What Anthropic’s $50B AI investment means for these 3 portfolio stocks
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just…
ECB’s Schnabel Sees Price Risks Tilted ‘a Little Bit’ to Upside
Risks to inflation in the euro zone are skewed to the upside as the economy gathers momentum and…
PBOC Forces Rethink of Rate-Cut Path as Goldman Sees Longer Halt
Global lenders like Goldman Sachs Group Inc. retracted calls for further monetary stimulus in China this year after…
Canada Pension Plan Raises €815 Million in EDP Share Sale
The Canada Pension Plan Investment Board, one of the world’s largest pension funds, raised about €814.7 million ($942.6…
Emerging Assets Trade Mixed on Payroll Data, US Reopening Hope
Emerging-market currencies fell and stocks climbed amid limited liquidity on Tuesday as traders digested the latest private payroll…
K-shaped economy can also be found in S&P 500, says Apollo, with Magnificent 7 the winners
The economy is a tale of two halves at present, with wealthy consumers reporting confidence in their outlook,…
Paramount Skydance shares rise as Ellison’s bets get bolder
(Reuters) -Paramount Skydance shares rose 8% on Thursday in a vote of investor confidence for new CEO David…
‘Big Short’ investor Michael Burry accuses AI hyperscalers of artificially boosting earnings
Michael Burry attends the New York premiere of “The Big Short” at the Ziegfeld Theater in New York…
China Opens State-Dominated Sectors Wider to Private Investments
China is further opening up several major state-dominated industries to private capital by raising the ownership limit and…
Days of declines won’t keep AI trade down
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov.…
SoftBank Unloads Nvidia Stake for $5.8 Billion in Surprise Move
SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.8 billion ahead of a rash of…