Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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KKR, Ares, Blackstone tumble premarket as Partners Group caps private equity fund withdrawals
U.S. private markets firms fell in premarket trading, as concerns over redemption pressure returned to the spotlight.
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This fast food stock is trading at a discount. Morgan Stanley says it’s a buy
The investment bank upgraded the fast food stock to overweight from equal weight.
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Trump says Iran agreed to not have nuclear weapons, but ‘they can change their mind’
The president was speaking to the New York Post’s “Pod Force One” podcast in a wide-ranging interview.
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UK assets face underestimated risk event, analysts warn as PM hopeful swerves call to calm investor nerves
One analyst said markets would reprice U.K. fiscal risk “accordingly and quickly” if Burnham’s political ambitions come to light.
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Broadcom has its mojo back into earnings. What it will take to keep the momentum going
Broadcom will need to deliver on key metrics to sustain its rally.
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SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says
The analysts see a wide range of possibilities around xAI and find its “economic moat indeterminate.”
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Treasury yields edge higher as traders monitor Iran war latest and await economic data
U.S. Treasury yields increased Wednesday as traders await new economic data amid ongoing Middle East tensions.
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Former Barclays CEO Bob Diamond says Middle East is primed for tokenized finance
Middle Eastern banks are at an advantage as they are more agile with less worries about legacy systems, according to Diamond.
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Tesla’s China-made EV sales jump nearly 40% in May as domestic market rebounds
Sales of Tesla’s China-made electric vehicles rose by nearly 40% in May amid a broader recovery in the country’s competitive market.
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Alphabet’s $80 billion stock sale leaves Wall Street in ‘unprecedented territory,’ says Goldman’s Gutman
Goldman Sachs is acting as a joint book-running manager for Alphabet’s underwritten offerings.
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