Aerial view of Mt. Fuji, Tokyo Tower and modern skyscrapers in Tokyo on a sunny day.Yongyuan | E+ | Getty ImagesAsia-Pacific markets were set to open higher Friday, tracking gains on Wall Street following a batch of economic data that pointed toward a solid U.S. economy.Futures for Japan’s benchmark Nikkei 225 in Chicago were at 38,220 while their counterpart in Osaka last traded at 38,170 compared with the index’s Thursday close of 38,173.09Futures for Hong Kong’s Hang Seng index last traded at 24,178, compared with the HSI’s last close of 24,035.38.Australia’s S&P/ASX 200 was also set to start the day…
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyAdam Singolda, Taboola CEO, joins ‘Fast Money’ to talk its tool to help new publications generate traffic in the age of AI.04:25an hour ago Source link
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 11, 2025. Brendan McDermid | ReutersU.S. stock futures ticked lower on Thursday night, but traders prepared to end the week on a positive note.Futures tied to the Dow Jones Industrial Average slipped 70 points, or 0.16%. S&P 500 futures dropped 0.18%, while Nasdaq 100 futures lost 0.18%.In extended trading, home furnishings retailer RH surged 19% after first-quarter adjusted earnings trounced Wall Street’s expectations. The company also said it has been shifting sourcing out of China in response to evolving tariff policy.In Thursday’s…
Jason Kempin | Getty Images Entertainment | Getty ImagesShares of RH jumped more than 15% in extended trading Thursday, as the company stuck by its sales forecast and said it is taking steps to offset higher costs from tariffs. The luxury furniture retailer said it expects full-year revenue to grow by 10% to 13%.Here’s how the company did for the three-month period that ended May 3, compared with Wall Street’s estimates, according to a survey of analysts by LSEG:Earnings per share: 13 cents adjusted vs. a loss of 9 cents expectedRevenue: $814 million vs. $818 expectedRH reported net income in…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
FILE PHOTO: Jason Droege speaks at the WSJTECH live conference in Laguna Beach, California, U.S. October 22, 2019.Mike Blake | ReutersScale AI plans to promote Chief Strategy Officer Jason Droege to serve as its new CEO, with founder Alexandr Wang heading to Meta as part of a multibillion-dollar deal with the company, CNBC has confirmed.Meta is finalizing a $14 billion investment into artificial intelligence startup Scale AI, CNBC reported earlier this week. Wang will help lead a new AI research lab at Meta and will be joined by some of his colleagues. The New York Times was first to report about the…
A farmworker works in a strawberry field on June 12, 2025 in Oxnard, California. Anti-immigration crackdowns ordered by US President Donald Trump has seen federal authorities target factories and work sites since June 6, sparking days of angry protests in Los Angeles. Apu Gomes | Afp | Getty ImagesThe Trump administration began sending termination notices Thursday to about 500,000 foreign nationals who had received temporary stays to live and work in the United States under a special humanitarian exception.The so-called CHNV program was open to applicants from Cuba, Haiti, Nicaragua and Venezuela from 2023 until it was terminated by President…
Luiz Inácio Lula da Silva’s influence in Brazil has shown signs of weakening recently, as indicated by polling data, political challenges, and public sentiment. A May 2025 AtlasIntel survey reported his disapproval rate at 53.7%, the highest in his current term, while a June 2025 Quaest poll pegged disapproval at 57%, a record low for his presidency. These figures reflect growing dissatisfaction, even among traditional supporters, such as women, young people, and low-income groups. Despite economic growth exceeding IMF forecasts, Lula’s fiscal policies have sparked concern. His administration’s focus on revenue increases without significant spending cuts led to a budgetary…
The rally in gold has taken a back seat to other areas of the market in the past several weeks, but at least two strategists remain firmly bullish on what comes next. The spot price of gold has surged 29% this year, but the yellow metal has not made a new high in more than a month. That pause has come even as other precious metals, such as silver and palladium , have jumped. XAU= YTD mountain Gold has been one of the top performing assets in 2025. Paul Wong, a market strategist at Sprott Asset Management, told CNBC that…
A view shows the wreckage of an Air India aircraft, bound for London’s Gatwick Airport, which crashed during take-off from an airport in Ahmedabad, India June 12, 2025. Adnan Abidi | ReutersAn Air India plane that was bound for London and carrying 242 people crashed seconds after takeoff in western India on Thursday, killing all but one person on board the Boeing 787 Dreamliner.It marked the first crash of a Boeing 787 Dreamliner and was the deadliest plane crash in years.Here’s what to know:What kind of plane was it?The aircraft was a Boeing 787-8 Dreamliner. It is a popular twin-aisle…
