European stocks have been on a bull run this year — but the region’s outperformance over the U.S. is narrowing as investors assess structural challenges, the long-term outlook and the American AI story. Earlier this year, volatility arising from U.S. President Donald Trump’s trade policies sparked widespread demand for assets outside of the United States . One of the beneficiaries of this movement was Europe , where investors saw a stable but undervalued market. Since the beginning of the year, the outperformance of major European bourses over their U.S. counterparts has narrowed significantly. At the end of the first quarter,…
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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 storyMany in business circles were hoping for a sweeping U.S.-China trade deal, but an agreement now looks even more elusive.The fate of TikTok in the U.S. overshadowed the latest round of trade talks, to the point that it’s now unclear whether both sides are on the same page about what the app’s divestiture from Beijing-based parent ByteDance should look like.Meanwhile, on issues like tariffs, fentanyl and semiconductors, even less has been said…
European shares look poised to open lower on Wednesday, as investors react to a suggestion from Federal Reserve Chair Jerome Powell that equities are “fairly highly valued.”London’s FTSE 100 is expected to open 0.2% lower, according to IG, while the German DAX and France’s CAC 40 are slated to shed 0.3% and 0.4%, respectively.Overnight in Asia, shares broadly moved lower, while U.S. stock futures were flat in the early hours of Wednesday morning.Global markets were rattled after Federal Reserve Chair Jerome Powell on Tuesday said that asset prices, including equities, were trading at inflated levels.”By many measures, for example, equity…
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images Talk about bad timing. OpenAI’s first Stargate development to come online — a data center in Texas that’s stuffed to the brims with Oracle and Nvidia infrastructure — did so just as investors started questioning the sustainability of the artificial intelligence firm’s trajectory.Shares of Nvidia and Oracle, the major players in OpenAI’s push to establish data centers that are essentially the heart of ChatGPT, fell Tuesday.…
People enjoy an unusually warm day in New York City as temperatures reach the low 80s on June 4, 2025 in New York City. Spencer Platt | Getty ImagesPresident Donald Trump’s “big beautiful bill” temporarily raised the limit on the federal deduction for state and local taxes, known as SALT, from $10,000 to $40,000 for 2025. But some residents of certain states could see a bigger tax benefit, according to a Redfin report released last week. The results are “in line with what you might expect,” and there is “a sizable benefit to residents of certain states,” said Chen Zhao, head of…
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here.The dispatchThe U.K. government is pleased with how U.S. President Donald Trump’s historic second state visit went last week.In particular, there is satisfaction at the £150 billion ($203 billion) worth of investment decisions announced, even though some were already known about.While the biggest individual financial commitment came from Blackstone, the private equity giant, the announcements making the biggest splash in local media were the investments promised by the likes of Nvidia and Microsoft to bolster the U.K.’s artificial intelligence infrastructure.Less remarked on, however, were significant commitments to the country’s thriving tech startups.…
A “For Rent” sign in front of a building in the Capitol Hill neighborhood of Washington, DC, US, on Tuesday, Aug. 12, 2025.Al Drago | Bloomberg | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.After strengthening in the first half of this year, single-family home rents began to slow in July. This could be a…
Alibaba’s Hong Kong-listed shares surged on Wednesday to reach their highest point since 2021 after the company said it will invest more in artificial intelligence and rolled out new AI products and updates. Shares of the company jumped over 6%, while its total gains year to date rose above 107%. The tech giant plans to increase spending on AI models and infrastructure development, on top of the 380 billion yuan ($53 billion) over three years it announced in February, Chief Executive Officer Eddie Wu said Wednesday at Alibaba Cloud’s annual flagship technology conference.”We are vigorously advancing a three-year, 380 billion [yuan] AI…
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty ImagesABILENE, Texas — Sam Altman stood on a patch of hot Texas dirt, the kind that turns to dust storms on dry days and mud slicks after a sudden rain. Behind him stretched the outlines of what will soon be a massive data center complex in the west-central part of the state, where heavy wind often meets extreme heat.It was a fitting backdrop for the OpenAI CEO…
Boeing may be on the verge of getting a massive order from China as a byproduct of President Donald Trump ‘s push for a broad trade deal between Washington and Beijing. This was exactly why we initiated a position in the U.S. aircraft maker earlier this month. Jim Cramer has been saying for months now that countries looking to reduce trade deficits with the U.S. can buy Boeing planes. And, they have been. The news Shares on Tuesday gained more than 1% on reports that the U.S. and China are in the final stages of negotiations for a massive order…
