Tag: business news
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Chinese automakers are taking on the UK — and many Brits are embracing it
The surge comes as China’s auto exports have boomed in recent years as the country’s appetite for new models has cooled.
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Import prices post surprise gain as costs of goods from China hit highest since 2008
Import prices were up 0.3% for the month, as a drop in energy was more than offset by increases elsewhere.
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The semiconductor trade tumbled this week. Why UBS and Barclays are still bullish
Some stress earnings growth for chipmakers and argue that the sector still has room to run to support the broader market.
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Homebuyer affordability slipped for fifth straight month, real estate index shows
With both home prices and mortgage rates climbing since earlier this year, affording a home has become harder, according to a housing affordability index.
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How big is the great wealth transfer? It could be over $100 trillion or $36 trillion
Two studies have raised new questions about the size and impact of the coming great wealth transfer.
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Democratic socialists top MAGA candidates among voters in CNBC’s All-America poll
The survey’s findings come as democratic socialist candidates win Democratic primaries following the 2025 election of New York City Mayor Zohran Mamdani.
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Apple just hit a record high. HSBC says it still has room to run
Apple hit an all-time high price just north of $334 on Thursday, but its innovative product pipeline and AI push could catapult shares even higher, per HSBC.
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Goldman says Europe’s data center electricity demand boom could light up these stocks
Several of Goldman’s picks are tied to hopes for a revival in wind energy.
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SpaceX falls further in premarket after Starship test flight aborted
SpaceX’s stock plunged further on Friday, a day after it aborted a test flight for its Starship rocket at the last second.
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World’s largest olive oil company says market has ‘definitively’ entered new phase
The update comes as analysts raise concerns about the prospect of global olive oil supplies swinging dramatically from one season to the next.
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