Tag: business news
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How the ‘Baby iPhone’ and an Apple supplier leak explain China’s recent supply chain moves
In China’s biggest electronics marketplace, Huaqiangbei, technicians don’t have the parts to make exact copies of Apple’s latest phones.
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Wall Street’s confidence in Walmart leaves little room for upside, Oppenheimer says
Oppenheimer downgraded Walmart and removed its price target, saying it will be hard to meet Wall Street’s near-term profit estimates.
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Someone on Wall Street thinks SpaceX could triple this week
SpaceX reports its first earnings results since its June IPO Tuesday after the bell.
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AMD earnings are a key test for chips and momentum stocks. Here’s what the options market is saying
As AMD prepares to report earnings Tuesday after the bell, market participants face a divergence between positive earnings results and negative price action.
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The stock market did something nearly unprecedented in July. That makes UBS bullish
The S&P 500’s July performance looks far more impressive when accounting for the dismal performance in momentum stocks.
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Polymarket in talks for fundraising round at more than $20 billion valuation
The reports come after the company told CNBC in June that its annualized revenue was well above $1 billion.
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Philadelphia Fed President Paulson content with rates at current level, but keeping an open mind
Paulson said voting with the majority last week wasn’t a tough decision.
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Foreigners are buying fewer U.S. properties, but luxury homebuilders still draw them in
Foreign buyers are pulling back sharply from U.S. residential real estate, in part due to a pullback among workers that would qualify for H-1B visas.
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Can your tax preparer use AI without telling you? Some experts say IRS rules aren’t clear
A debate is brewing among tax practitioners regarding whether using AI to prepare tax returns should require a disclosure to clients.
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Kalshi strikes partnership with compliance tech firm to help companies police insider trading
The company will announce a partnership with Comply, a compliance technology company, on Tuesday, Kalshi told CNBC.
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