Stocks slid on Thursday, with the 30-stock Dow slipping about 450 points. Here’s what CNBC is watching going into Friday. Source link
Author: usaeverydaylife
Investors may want to reduce their exposure to the world’s largest emerging market.Perth Tolle, who’s the founder of Life + Liberty Indexes, warns China’s capitalism model is unsustainable.”I think the thinking used to be that their capitalism would lead to democracy,” she told CNBC’s “ETF Edge” this week. “Economic freedom is a necessary, but not sufficient precondition for personal freedom.”She runs the Freedom 100 Emerging Markets ETF — which is up more than 43% since its first day of trading on May 23, 2019. So far this year, Tolle’s ETF is up 9%, while the iShares China Large-Cap ETF, which tracks the country’s…
Solo travel continues to trend.A new report from Kensington, a private guided luxury travel service, ranked the top countries to for a solo trip in 2025. For this ranking, Kensington took into account findings from “affluent” travelers based on 2024 data and two external surveys conducted with Opinium Research and Dig Insight.”Solo travelers are increasingly choosing destinations with deep cultural significance and unique landscapes balanced with independence and seamless, personalized service,” Matt Cammaert, Senior Vice President of Marketing, told Travel + Leisure.The survey found that 76% of respondents are extremely to somewhat open to traveling by themselves internationally in the…
Eagle-eyed viewers of Sky Sports’ coverage of Tottenham Hotspur’s 1-0 win against Manchester United last Sunday will have noticed a change.When head coach Ange Postecoglou was interviewed before kick-off and asked about the lift of having players back from injury, he was described as “Tottenham Hotspur Head Coach”. When the Tottenham starting XI was displayed down the left-hand side of the screen, it said “Spurs” at the top. And when the graphics showed the team in their positions, starting with a cutout of Postecoglou, arms crossed, the word across his chest was “Spurs”.Nothing too surprising about that, you might think.…
Ukraine on Saturday was seriously considering a revised American proposal for its vast natural resources that contains virtually the same provisions that Kyiv previously rejected as too onerous, according to a draft document of the new proposal.Some of the terms appear even tougher than in a previous draft.Though Ukraine had not finalized the deal as of Saturday afternoon, its assent to the terms would represent a capitulation to American demands after a week of intense pressure from President Trump. The American president views access to Ukraine’s vast mineral wealth as necessary repayment for the billions the United States has provided…
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, photographed during a 2011 trip to Japan.Bloomberg | Bloomberg | Getty ImagesBerkshire Hathaway is committed to its Japanese investments for the long term and has reached an agreement with the companies to own beyond the initial 10% ceiling, Warren Buffett said in his annual letter to shareholders released Saturday.”From the start, we also agreed to keep Berkshire’s holdings below 10% of each company’s shares. But, as we approached this limit, the five companies agreed to moderately relax the ceiling,” Buffett said. “Over time, you will likely see Berkshire’s ownership of…
Ride-sharing and food delivery application developer Grab Holdings could be poised for more upside following its latest earnings outlook, according to JPMorgan. The firm upgraded shares of the Singapore-based company to overweight from neutral. Its $5.60 price target implies 16.9% upside potential. On Thursday, the stock declined more than 10% after the company reported weaker-than-expected EBITDA and net income for the fourth quarter. Not only that, but the company also issued soft full-year guidance. That brings the stock’s performance over the past 12 months to nearly 39% and its year-to-date performance to 1.4%. GRAB 1Y mountain GRAB, 1-year For 2025,…
Legendary investor Warren Buffett opined on a wide range of topics in his much-anticipated annual letter to shareholders, including the U.S.’ worsening fiscal problems, advice for the Trump administration as well as his 60-year career at Berkshire Hathaway . Here are the best highlights from Buffett’s 2024 annual letter: The “Oracle of Omaha” revealed that Berkshire last year paid $26.8 billion in taxes, about 5% of what all of corporate America paid. He urged the current administration to spend taxpayers’ money wisely and maintain a stable currency. So thank you, Uncle Sam. Someday your nieces and nephews at Berkshire hope…
Take two proud hockey countries in a best-on-best final, add a massive dose of geopolitics into the equation, and then conclude the matchup with a historic overtime goal by the game’s best player. It’s a recipe for a historic viewership number — and that’s what we saw with Canada’s 3-2 overtime win over the United States on Thursday at the 4 Nations Face-Off in Boston.The game drew an astonishing 9.3 million viewers on ESPN, per Nielsen. To put this in perspective: That tops Game 7 of the NHL Finals between Boston and St. Louis in 2019 which drew 8.9 million viewers…
Brett Baty’s choice to hold onto his high school ride just paid off big time.The New York Mets third baseman has been driving the same 2016 Toyota 4Runner since he was a teenager, holding onto it despite having earned nearly $5 million so far in his career.But that changed this week after the arrival of superstar Juan Soto, who signed a 15-year, $765 million contract with the Mets this offseason. Soto has worn No. 22 since he first entered the league in 2018, and in his contract negotiations asked to keep wearing it in Queens.Baty, who had previously worn No.…
