Visitors visit the “the monsters Convenience Store” themed exhibition created by POP MART with IP LABUBU as the selling point, Shanghai, China, July 23, 2025. Cfoto | Future Publishing | Getty ImagesShares in Chinese toymaker Pop Mart fell Wednesday, a day after the company posted a near-400% surge in net profit, driven by booming global demand for its Labubu dolls.Pop Mart’s revenue jumped 204.4% year on year to 13.88 billion yuan ($1.93 billion), and its net profit attributable to shareholders soared 396.5% to 4.57 billion yuan for the first six months of 2025, compared with last month’s forecast of at…
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyCarter Worth, Worth Charting, takes a technical look at Nvidia’s recent downturn and says it might be time to sell the chip maker.02:014 hours ago Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, bitcoin and altcoins slump as tech stocks pull back. Plus, Wyoming launches the Frontier Stable Token, the first state-backed stablecoin. And, Rep. Brian Steil (R-Wisconsin) discusses the next crypto legislative priorities for Congress.13:01Tue, Aug 19 20253:16 PM EDT Source link
An aerial view of a cargo ship being loaded with shipping containers at the Port of Baltimore in Baltimore, Maryland, on August 7, 2025. Jim Watson | Afp | Getty Images Even as tariff-related ruction appears to be settling down for the summer, U.S. President Donald Trump’s administration is still reshaping global trade and industry.After the Trump administration hinted it could be open to Nvidia exporting more powerful chips to China after their revenue-sharing agreement, the semiconductor darling was reported to be developing a new chip for Beijing.And Intel’s bounty from the CHIPS Act, formalized by the previous administration under…
The ‘Fast Money’ traders talk Big Tech trending lower Tuesday and what that signals about the space. Source link
Dukai Photographer | Moment | Getty ImagesAsia-Pacific markets fell Wednesday, tracking Wall Street declines overnight, as investors parsed Japan’s trade data and awaited China’s loan prime rate decision.Japan’s exports dropped 2.6% year over year in July, notching their steepest drop in over four years. The fall was sharper than the 2.1% contraction expected by economists polled by Reuters and compared to the 0.5% drop seen in June.Japan’s Nikkei 225 declined 0.93%, while the Topix lost 0.31%.South Korea’s Kospi lost 1.52% and the small-cap Kosdaq fell 1.77%. Australia’s S&P/ASX 200 was 0.24% lower at the open.Futures for Hong Kong’s Hang Seng index stood at 24,977,…
Owngarden | Moment | Getty ImagesJapan’s exports plunged 2.6% year over year in July, their steepest drop since February 2021, as shipments to its two largest markets slipped.The fall was sharper than the 2.1% contraction expected by economists polled by Reuters and compared to the 0.5% drop seen in June.Imports to the world’s fourth-largest economy sank 7.5%, compared to the 10.4% fall expected by the Reuters poll.Exports to the U.S. also continued to fall, dropping 10.1% in July and slightly softer than June’s decline of 11.4%. The U.S. is the largest market for Japanese exports. Shipments to mainland China —…
The S&P 500 and the Nasdaq Composite closed lower on Tuesday, weighed down by declines in Nvidia and other big tech plays. What’s on CNBC’s radar Wednesday. Source link
The final trades of the day with the Fast Money traders. Source link
Palo Alto Networks CEO Nikesh Arora told CNBC on Tuesday that the emergence of artificial intelligence-enhanced cybercrime has made his job exponentially more difficult. “AI doesn’t help the good guys as much as it helps the bad guys, cause they have to be right once. We have to be right 100% of the time,” Arora said in a ” Squawk on the Street ” interview, the morning after the cybersecurity giant reported a strong quarter and saw its recently struggling stock bounce more than 3%. Hackers armed with AI are better able to penetrate clients’ systems, and do it faster…
