Tag: economy
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CNBC Daily Open: Tech falls to earth, Musk’s fortunes diverge
Markets are digesting the tech rout on Wall Street with the Nasdaq Composite logging its worst day in three months on renewed doubts over AI spending.
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France is flashing euro crisis signals. This time, the fault lines are different
French borrowing costs have surged as debt and political risks mount, raising questions over whether the stress could spread across the euro zone.
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South Korean economy’s growth likely picked up in Q3 on chip exports: Reuters poll
BENGALURU, Oct 23 : South Korea’s economy grew slightly faster in the third quarter than in April to June, as booming semiconductor exports and AI-related investment helped offset still-uneven domestic demand, a Reuters poll of economists showed.An AI-fuelled chip boom has supported South Korea’s economy for
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Stocks making the biggest moves in after hours: Western Digital, Bloom Energy, Deckers Outdoor & more
Here are some of the companies making headlines after the closing bell.
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OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors
OpenAI is close to finalizing a new funding round that is meant to be a bridge to its 2027 IPO, sources familiar with the matter tell CNBC.
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Stocks making the biggest moves midday: Procter & Gamble, Lam Research, Blackstone, Southwest & more
These are some of the stocks posting the largest moves midday.
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Jobless claims near the lowest since the 1960s as low-fire trend continues
Initial filings for unemployment insurance slipped to a seasonally adjusted 194,000.
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Sellers are back in tech, while bear market grips Chinese stocks
Here are the key things investors need to know to start the trading day.
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