ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyRob Wertheimer, Melius Research, joins ‘Fast Money’ to talk his bull case for Caterpillar and why it may be a sleeper AI play.05:274 hours ago Source link
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This photo taken on Nov. 24, 2022 shows the building of Bank of Korea BOK in Seoul, South Korea. South Korea’s central bank on Thursday raised its policy rate to curb inflation, delivering six back-to-back rate hikes for the first time. (Photo by Wang Yiliang/Xinhua via Getty Images)Wang Yiliang | Xinhua News Agency | Getty ImagesSouth Korea’s central bank held its policy rate at 2.5%, keeping it steady at an almost three-year low.South Korea’s economy contracted by 0.2% quarter on quarter in the first three months of this year due to weak construction activity and softening export growth, while it…
Transportation Secretary Sean Duffy speaks alongside FAA Acting Administrator Chris Rocheleau during a news conference at the Department of Transportation Headquarters on May 28, 2025 in Washington, DC. Anna Moneymaker | Getty ImagesU.S. President Donald Trump said on Wednesday that he was directing Transportation Secretary Sean Duffy to be the interim administrator of NASA.This is breaking news. Please refresh for updates. Source link
Copper wires at a recycling facility in Salt Lake City, Utah, US, on Thursday, May 8, 2025. Niki Chan Wylie | Bloomberg | Getty ImagesU.S. President Donald Trump said that the 50% tariff on copper imports, which he announced earlier on Tuesday, will begin on Aug. 1.The decision was made after he received a national security assessment, Trump said in a post on Truth Social.”I am announcing a 50% TARIFF on Copper, effective August 1, 2025, after receiving a robust NATIONAL SECURITY ASSESSMENT,” Trump wrote. “Copper is necessary for Semiconductors, Aircraft, Ships, Ammunition, Data Centers, Lithium-ion Batteries, Radar Systems, Missile…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching and what’s on the radar for the next session. The Nasdaq Composite The tech-heavy Nasdaq Composite hit a fresh all-time high during the session and posted a record close Wednesday. The Nasdaq is up 20% in three months. The Nasdaq 100 hit a new intraday high Wednesday. It is up 19.4% in three months. If you’re in the Invesco QQQ ETF…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyWalter Piecyk, LightShed Partners, joins ‘Fast Money’ to talk why he thinks Apple needs a shake up in the CEO position.05:583 hours ago Source link
Opening calls from sunny SingaporeGood morning from Singapore! Asia-Pacific markets are set to open mixed.Japan’s benchmark Nikkei 225 was set to open higher, with the futures contract in Chicago at 39,925 while its counterpart in Osaka last traded at 39,910 against the index’s Tuesday close of 39,821.28.Futures for Hong Kong’s Hang Seng index stood at 23,863 pointing to a slightly weaker open compared to the HSI’s last close of 23,892.32.Australia’s S&P/ASX 200 was also set to start the day slightly higher with futures tied to the benchmark at 8,571, compared to its last close of 8,538.6.— Lee Ying ShanStock futures open little changedU.S. stock futures were…
When CEO Daniel Julien took the stage in New York for a pivotal investors’ relations day in June, he knew the stakes were high. Julien’s company, the French outsourcing giant Teleperformance , had lost more than 75% of its value from its 2022 high. He was tasked with convincing his audience — investors and Wall Street analysts — that they had misunderstood the business. He, and other Teleperformance executives, spent the next three and a half hours explaining that AI was integral to the future of Teleperformance, citing “AI” more than 75 times. Teleperformance operates call centers and other business…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
Former New York Giants quarterback Eli Manning is no longer interested in buying a minority stake in his old team, telling CNBC Sport on Wednesday that he’s been priced out.”Basically, it’s too expensive for me,” Manning said in an interview. “A 1% stake valued at $10 billion turns into a very big number.”Manning’s comments come as team valuations skyrocket. In CNBC’s Official NFL Team Valuations published in September, the Giants were valued at $7.85 billion, ranking fourth among the league’s 32 teams.In December, the Philadelphia Eagles sold a minority stake in the team at a valuation of $8.3 billion — roughly…
