CNBC’s MacKenzie Sigalos joins ‘Fast Money’ with the latest on AMD following earnings. Source link
Author: usaeverydaylife
Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty ImagesJapan’s Nikkei 225 plunged below the 50,000 mark on Wednesday amid a wider decline in Asia markets as investors fled AI-related stocks.The Nikkei lost 3.48%, while the Topix was 2.27% down. Notable losers in Japan included Softbank Group Corp, which shed about 12%.South Korea’s Kospi fell 5.97%, with chip heavyweights Samsung Electronics and SK Hynix posting losses of over 7% and 8% respectively. The small-cap Kosdaq shed 5.39%. Hong Kong’s Hang Seng index fell 1.36%, mainland…
Justin Sullivan | Getty ImagesInstacart on Tuesday launched a suite of artificial intelligence tools for grocers to deliver more personalized shopping experiences and improve retail operations.CEO Chris Rogers told CNBC that the announcement is a major step forward in the company’s enterprise strategy, which has grown to power hundreds of digital storefronts.”It’s taking everything that we’ve been building for retailers over the last decade, and it’s bringing it into the AI era,” Rogers said. “It’s really about putting enterprise-grade AI tech in every grocer’s hands, whether it’s a small, local independent or a national chain.”The collection of new AI Solutions…
Joe Bae, co-chief executive officer of KKR & Co., during the Global Financial Leaders’ Investment Summit in Hong Kong, China, on Tuesday, Nov. 4, 2025. Bloomberg | Getty ImagesPrivate equity fund managers are bracing for a wave of consolidation as investors demand higher returns and stronger governance, forcing a shakeout in an overcrowded industry, several industry veterans said at a high-level finance summit in Hong Kong on Tuesday.”How is it that there are more private equity funds in North America than there are McDonald’s franchises,” said KKR & Co’s co-CEO Joe Bae on Tuesday, noting that the U.S. has about…
Bitcoin’s fall below $100,000, its lowest level since June, has sparked fears that the worst is yet to come, another so-called crypto winter (a prolonged bear market in cryptocurrencies) that the market wrestles with every time digital currencies sell off hard in a short period of time.But Bitwise chief investment officer Matt Hougan says that while the retail investor is in “max desperation” mode, he sees that as a reason to bet that a bottoming in crypto prices may materialize sooner rather than later. With Wall Street institutional investor and financial advisor support for bitcoin, and growth in crypto ETFs,…
CNBC’s Steve Kovach joins ‘Fast Money’ with breaking news on another Trump nominee. Source link
A woman uses her mobile phone as she walks past the logo of Japan’s telecommunications giant SoftBank in Tokyo on December 25, 2013. Toru Yamanaka | Afp | Getty ImagesShares of Asian AI-linked companies fell Wednesday, tracking declines in U.S. peers, as investors turned wary of stretched valuations in the market’s most crowded trades.Shares of SoftBank fell 10%, while Advantest declined over 8%. Samsung Electronics slid 4.9%, while SK Hynix lost nearly 6%. Renesas Electronics was down 5.48%. That comes after Palantir dropped about 8% overnight, even after topping expectations for the third quarter, as sky-high valuations for the U.S.…
Voters cast their ballots at a polling station at the Ida Lee Recreation Center in Leesburg, Virginia, US, on Tuesday, Nov. 4, 2025. Graeme Sloan | Bloomberg | Getty ImagesIn Virginia’s closely watched gubernatorial race, Democrats appear to have benefited from a small but decisive bloc of voters who harbor unfavorable views of both major political parties, according to NBC News exit polls.That Democratic advantage there among disaffected voters mirrors trends seen in other contests Tuesday, including the New Jersey governor’s race and the New York City mayoral election, NBC reported.In Virginia, 41% of voters said that they had a…
CNBC’s Jim Cramer suggested Wall Street is too fixated the on large valuations of certain tech and speculative stocks, chalking up Tuesday’s market-wide decline in part to Palantir’s nearly 8% loss despite strong earnings results.”The larger issue is that we’re at the moment where money managers, when asked if the market’s too expensive, immediately think of the high-flying speculative stocks or those in the high-growth artificial intelligence column, and so they warn you away from the entire asset class,” he said. “These guys don’t think of the other 334 stocks in the S&P 500 that sell for less than 23…
The final trades of the day with CNBC’s Melissa Lee and the ‘Fast Money’ traders. Source link
