An Amazon Web Services data center in Stone Ridge, Virginia, US, on Sunday, July 28, 2024. Nathan Howard | Bloomberg | Getty ImagesThis report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.What you need to know todayFalling from highsU.S. stocks mostly fell Wednesday. The S&P 500 lost 0.19% and the Dow Jones Industrial Average slipped 0.7%, after scaling record highs earlier in the session. The Nasdaq Composite closed near the flatline. Europe’s regional…
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Caleb Silver, Investopedia editor-in-chief, joins ‘Fast Money’ to talk the latest investor survey results. Source link
It has been an eventful week for markets following the U.S. Federal Reserve’s 50 basis point rate cut last week and the Dow Jones and S & P 500 benchmarks hitting record highs on Tuesday. As investors mull over how to play the market, Peapack Wealth Management’s David Dietze revealed where and what he is betting on right now. “There’s a lot of fundamental drivers that are playing well for this market,” the managing principal and senior investment strategist at the U.S.-headquartered asset management firm told CNBC’s “Street Signs Asia” on Wednesday. Dietze’s comments come after the S & P…
A shopper walks by an American Eagle store on November 21, 2023 in Glendale, California. Justin Sullivan | Getty ImagesAmerican Eagle Outfitters is suing Amazon for trademark infringement, alleging the e-commerce giant used branding from its Aerie clothing line in search results, leading consumers to “inferior quality knock-offs.”In a lawsuit filed Wednesday, American Eagle accused Amazon of “flagrant, unauthorized use” of the Aerie and Offline by Aerie trademarks on its site to deceive shoppers into believing the products were available on Amazon, drive traffic to its platform and sell competing merchandise. The complaint was filed in U.S. District Court for the…
The starting quarterback for UNLV will sit out the rest of the season because of a disagreement over payments following his transfer to the school.Matthew Sluka said Tuesday he planned to redshirt this season by not playing in any more games. His decision, which comes on the heels of UNLV’s first 3-0 start in 40 years, is unprecedented in college football’s new age of player movement and name, image and likeness negotiations.Sluka’s agent, Marcus Cromartie, told ESPN that Sluka was “verbally promised” at least $100,000 by an assistant coach before committing to the school this offseason, but has received only…
Red flags fly at Tiananmen Square in Beijing, China, on Wednesday, July 10, 2024. Bloomberg | Bloomberg | Getty ImagesAsia-Pacific markets rose on Thursday, with markets in the region rebounding and Chinese markets poised to extend gains.Mainland China’s CSI 300 has notched a five-day winning streak, hitting its highest levels in almost two months after Beijing rolled out a slate of economic stimulus measures on Tuesday.Meanwhile, Hong Kong’s Hang Seng index is set for a third straight day of gains, according to futures data.HSI futures were at 19,336, higher than the HSI’s last close of 19,129.1. The Hong Kong index has…
Traders work on the floor of the NYSE. NYSEStocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox.Here’s what CNBC TV’s producers were watching as the Dow ended a four-day win streak Wednesday, and what’s on the radar for the next session.Micron TechnologyOn Thursday, Micron’s CEO Sanjay Mehrotra will be on CNBC TV in the 9 a.m. hour, Eastern time.The chip giant reported quarterly results Wednesday afternoon, beating estimates.The company’s chips are used in the artificial intelligence industry.Micron said some…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyDavid Steinberg, Zeta Global CEO, joins ‘Fast Money’ to talk AI’s potential use cases, revolutionizing data collection, and more.04:3222 minutes ago Source link
Workers assembles smartphones at Dixon Technologies factory in Uttar Pradesh, India, on Thursday, Jan. 28, 2021. Bloomberg | Bloomberg | Getty ImagesIndia has big ambitions to become a semiconductor powerhouse as the world’s fifth-largest economy pushes for self-reliance in manufacturing.Indian Prime Minister Narendra Modi has set numerous goals to propel the country’s semiconductor sector forward, with the latest and biggest target being to grow the country’s electronics sector from $155 billion today to $500 billion by 2030.The announcement turned heads and raised eyebrows, and industry experts that spoke to CNBC have opposing views on whether the target is realistic. However, they…
Shohei Ohtani’s home run baseball that founded the 50-50 club is up for sale.Goldin will auction off the ball beginning at noon ET Friday, with the opening bid starting at $500,000. Buyers have the chance to purchase the baseball outright for $4.5 million between Sept. 27 and Oct. 9. If bidding reaches $3 million before Oct. 9, Goldin will remove the option to purchase it privately, and interested parties must bid for the baseball.If the ball sells for $4.5 million or more, it would shatter the record for a baseball, which is $3.005 million paid for Mark McGwire’s 70th in…
