The sun rises behind the skyline of lower Manhattan and One World Trade Center on September 14, 2024, in Jersey City, New Jersey. Gary Hershorn | Corbis News | 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 todayRecord close for DowU.S. markets were mixed on Monday. The S&P 500 and Dow Jones Industrial Average rose, with the Dow notching a record close. But the Nasdaq Composite…
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Tech companies have been capitalizing on the artificial intelligence boom, driving the development of products and services in that area. That also means that AI data centers are growing fast — as is the demand for them. Data centers house vast amounts of computing power needed for AI workloads. That in turn is set to drive up the demand for cooling systems for data centers. “AI proliferation makes heat dissipation attractive. We believe the demand for liquid cooling for AI data centers should sustain for the following 5-10 years, driven by continuous iteration of AI chips and rising heat dissipation…
Welcome back to the Monday Tennis Briefing, where The Athletic will explain the stories behind the stories from the past week on court.This week, the Davis Cup returned, there were two very short matches — in very different ways — and one women’s tournament bore the brunt of tennis schedule fatigue.If you’d like to follow our fantastic tennis coverage, click here.What’s going on in the Davis Cup?The final eight for the Davis Cup group stage finals were decided over the weekend, with Canada and the Netherlands joining Italy, Australia, Spain, Germany, Argentina and the United States as the qualified nations. The…
Despite widespread bullishness on India, with its stock market highs and healthy bank balance sheets, a shortage of deposits is causing some uneasiness in the country’s financial sector.Speaking to CNBC in an exclusive interview, Reserve Bank of India (RBI) Governor Shaktikanta Das discussed the issue of slowing growth in bank deposits underperforming an expansion in loans. There is not cause for concern currently, Das said, but there could be trouble ahead if the situation persists.”So there is a gap of 350 to 400 basis points,” he said, referencing the difference between credit and deposit growth. Annual figures from August put loan…
Russia’s state-controlled Russia Today (RT) television broadcast vans are seen parked in front of St. Basil’s Cathedral and the Kremlin next to Red Square in Moscow on March 16, 2018.Mladen Antonov | Afp | Getty ImagesSocial media giant Meta on Monday announced that it is banning Russian media outlet RT, days after the Biden administration accused RT of acting as an arm of Moscow’s spy agencies.”After careful consideration, we expanded our ongoing enforcement against Russian state media outlets. Rossiya Segodnya, RT and other related entities are now banned from our apps globally for foreign interference activity,” a spokesperson at Meta said…
Around sixteen minutes into Republican former President Donald Trump’s “state of crypto” address on X, cryptocurrencies got their first mention.For over a month, the former president and his family have been pumping up a secretive Trump Organization crypto project, promising that it will do many things at once.Early descriptions suggest that “World Liberty Financial” will be a sort of crypto banking platform, with 70% of the equity held by a small group of Trump famiy members and insiders. Users would be able to borrow and lend crypto on the platform, and the original investors would be paid via fees.Now, with…
LANDOVER, Md. — The disaster was so predictable that any seasoned New York Giants observer could see it happening in real time.Washington’s Austin Ekeler broke through a crowd and darted into the open field on Sunday’s opening kickoff of the Giants’ 21-18 loss. The long return forced Giants kicker Graham Gano to give chase, which ended in disaster.Gano pulled his hamstring as Ekeler blew past him into the end zone. The touchdown was called back due to a holding penalty, but Gano was left writhing in pain on the field.Losing the kicker on the first play of the game would…
Containers are loaded on the premises of the port operator PSA, the Port of Singapore Authority (PSA), at the Port of Singapore on 14 June 2022.Bernd von Jutrczenka | Picture Alliance | Getty ImagesMost Asia-Pacific markets opened higher Tuesday, following a mixed trading session on Wall Street as investors prepare for the Federal Reserve to kick off its monetary loosening cycle.The Fed is expected to announce its first interest rate cut since March 2022, but markets are split over the size of the reduction from the two-day policy meeting which begins Tuesday.U.S. retail sales data is also set to take…
Traders work on the New York Stock Exchange (NYSE) floor on September 13, 2024, in New York City.Spencer Platt | Getty ImagesStocks @ 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 on Monday as the 30-stock Dow touched a new high and what’s on the radar for the next session.IntelThe stock picked up ground after hours, jumping as much as 8%.The company is creating a separate entity for the foundry side of the…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyJack Janasiewicz, Natixis, joins ‘Fast Money’ to talk the Dow’s record trading day and what is expected out of this week’s FOMC meeting.05:244 minutes ago Source link
