Pekic | E+ | Getty ImagesThe stock market’s impressive run in recent years may be fattening your portfolio, but it also might have thrown your intended investment mix off balance.While artificial intelligence stock valuations spurred a market decline on Tuesday, the major indexes are still well up this year, propelled both by AI-related and big technology stocks. Through Tuesday’s close, the S&P index is up about 15.1%. Both the Dow and the Nasdaq have also posted double-digit gains for the year of roughly 10.6% and 20.9%, respectively.Those jumps come on the heels of outsized returns in 2023 and 2024. In…
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On the streets of Rio de Janeiro, it’s not hard to spot the latest sign of China’s growing global auto ambitions. Electric vehicles from Chinese brands like BYD and Great Wall Motor have been flowing in. “There are a lot of Chinese cars on the streets,” said EV owner Sérgio Ramalho. Brazil has become the newest frontier for China’s electric vehicle boom. The country imported about 138,000 electric and hybrid vehicles from China in 2024, nearly 100,000 more than the year before, according to Brazilian customs data.Chinese automakers, who are blocked from the U.S. market, have turned their focus toward emerging…
NVIDIA CEO Jensen Huang speaks during the Live Keynote Pregame during the Nvidia GTC (GPU Technology Conference) in Washington, DC, on Oct. 28, 2025. Jim Watson | AFP | Getty Images The euphoria around artificial intelligence is colliding with the limits of reality, and cracks are emerging.Last night, tech giants like AMD smashed expectations on AI chip demand, and Palantir reported another quarter of strong growth. Yet the Nasdaq fell, revealing Wall Street’s playlist is stuck on one track: AI mania.Palantir — the poster child of that obsession — plunged nearly 8% despite its blowout quarter, while Oracle dropped almost…
Check out the companies making headlines before the bell. Advanced Micro Devices — The semiconductor maker fell 5% after sharing adjusted margin guidance for its current quarter that was in line with estimates. However, Advanced Micro Devices beat expectations for both its third-quarter earnings and revenue . McDonald’s — Shares slipped 1% after the fast-food chain posted third-quarter adjusted earnings of $3.22 per share, missing the $3.33 analysts polled by LSEG had expected. The company’s $7.08 billion revenue also came below the consensus forecast $7.1 billion. Arista Networks — The cloud networking company plunged 11% after saying that it sees…
Homes in Hercules, California, US, on Tuesday, March 25, 2025.David Paul Morris | Bloomberg | Getty ImagesLast week saw a big swing in mortgage interest rates, and that took a toll on demand. Total mortgage application volume fell 1.9% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.For the week, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, increased to 6.31% from 6.30% for loans with a 20% down payment. That was the weekly average, but rates actually fell to the lowest level in over a year…
A trader works at the New York Stock Exchange on Nov. 3, 2025. NYSEThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Shock valueStocks sold off yesterday amid investor concerns about the valuations of artificial intelligence companies. Leading the losses were shares of Palantir, which dropped 8% in the session despite a positive earnings report on Monday.Here’s what to know:The valuation concerns are not new for Palantir, which currently has a forward price-to-earnings ratio of 254. For comparison, Nvidia has a forward price-to-earnings…
Bitcoin, ethereum and the stablecoin USDT are promoted at a cryptocurrency store in Hong Kong on July 29, 2025. Peter Parks | Afp | Getty Images This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here.The big storyAmerica’s AI competition with China is coming for cryptocurrencies.At least that’s what U.S. President Donald Trump suggested following his meeting last Thursday with Chinese President Xi Jinping — a trade negotiation closely watched around the world.”I wanna make crypto great for America,” Trump told CBS News.…
Advanced Micro Devices delivered a third-quarter earnings and revenue beat on Tuesday. You wouldn’t know it by looking at the stock reaction. For the third quarter , the company earned an adjusted $1.20 per share on revenue of $9.25. Sales increased 36% from this time last year. Analysts polled by LSEG had expected earnings of $1.16 and $8.74 billion in revenue. But the company sees an adjusted gross margin of 54.5% for its current quarter, meeting StreetAccount’s consensus of 54.5%. The in-line margin guidance, combined with lofty valuations heading into the report, kept shares under pressure after the earnings release.…
Zhang Lei, founder and chairman of Hillhouse Investment, during the Global Financial Leaders’ Investment Summit in Hong Kong, China, on Wednesday, Nov. 5, 2025. Bloomberg | Getty ImagesAsia-focused private equity managers are turning more bullish on the world’s second-largest economy, betting on Beijing’s drive for technological self-sufficiency and rapid adoption to deliver the next phase of growth.Jean Eric Salata, chairman of EQT Asia, said that the strategic priorities outlined in Beijing’s new five-year plan are poised to deepen China’s edge in advanced manufacturing, bolster investment in technology and artificial intelligence, and boost consumption.”I’m actually bullish on China — and very…
Chinese EV company Xpeng showed off its newest humanoid robot in Guangzhou on Nov. 5, 2025.CNBC | Evelyn ChengGuangzhou, CHINA — Chinese electric car company Xpeng plans to launch robotaxis next year after previously claiming it wouldn’t be a real business in the near future and took the wraps off of its latest humanoid robot model. Xpeng’s technology push mirrors one of its key rivals Tesla, as the Guangzhou, China-headquartered company looks to position itself as more than just an electric car firm. The automaker announced on Wednesday as part of its “AI Day” that it is launching three robotaxi…
