Tag: Business
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Dollar wavers as markets grapple with Gulf tensions
(Refiles to fix typo of wavers in headline)By Jiaxing LiHONG KONG, July 21 : The U.S. dollar hovered near a one-week high on Tuesday, with markets torn between conflicting Middle East signals, as hostilities in the region stoked renewed fears over energy supplies while hopes for a ceasefire offered so
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General Motors is set to report earnings before the bell. Here’s what Wall Street expects
Wall Street analysts expect General Motors to report adjusted earnings per share of $3.20 and revenue of $47.01 billion.
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Japan’s Nikkei rallies after steep decline as focus turns to tech results
TOKYO, July 21 : Japan’s Nikkei share average rose on Tuesday as markets reopened after a holiday and investors seized on bargains following the gauge’s steepest weekly selloff in more than a year.The benchmark Nikkei 225 advanced 1.25 per cent to 64,945.96 in early trading, recovering part of its 6.4 per cen
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Dollar near one-week high as markets grapple with Gulf tensions
HONG KONG, July 21 : The U.S. dollar hovered near a one-week high on Tuesday, with markets torn between conflicting Middle East signals, as hostilities in the region stoked renewed fears over energy supplies while hopes for a ceasefire offered some relief.Against the yen, the dollar was largely flat at 162.50
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South Korean economy likely slowed in Q2 after robust Q1 growth: Reuters poll
BENGALURU, July 21 : South Korea’s economy likely grew at a much slower pace in the second quarter compared to the first three months of the year, as robust export growth was offset by weakening domestic demand, a Reuters poll of economists showed.Asia’s fourth-largest economy expanded by a seasonally adjuste
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Samsung Electronics creates robotics division as key part of growth strategy
SEOUL, July 21 : Samsung Electronics said on Tuesday it will set up a robotics division reporting directly to the chief executive to accelerate development and commercialisation in the field and establish robotics as a growth engine.The South Korean conglomerate said the RX, or “Robotics eXperience”, division
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Cramer’s lightning round: First Solar ‘has one of the worst charts I’ve ever seen’
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
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Time to buy Netflix? Here’s where Jim Cramer stands on the struggling streaming stock
CNBC’s Jim Cramer said Netflix’s sharp sell-off has made the stock more compelling, but investors shouldn’t rush in all at once.
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Jim Cramer says it’s time to look beyond tech as AI uncertainty rattles the market
CNBC’s Jim Cramer says the AI trade has become too unpredictable, making this a better time to put new money into high-quality companies outside of technology.
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US judge approves Anthropic’s $1.5 billion settlement of copyright lawsuit
July 20 : A federal judge in San Francisco on Monday signed off on artificial intelligence company Anthropic’s landmark $1.5 billion settlement of a class action lawsuit brought by a group of authors who accused it of misusing their books to train its AI chatbot Claude.U.S. District Judge Araceli Martinez
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