Traders work on the floor of the New York Stock Exchange on the last day of trading for the year on Dec. 31, 2024 in New York City. Spencer Platt | Getty ImagesU.S. stock futures slipped on Tuesday morning after the S&P 500 and Nasdaq Composite notched a second winning day.S&P 500 futures were down 0.06%, while Nasdaq 100 futures were 0.17% lower. Futures tied to the Dow Jones Industrial Average slipped 33 points, or less than 0.1%.In after-hours action, shares of Ulta Beauty rose about 1% after the company named a new CEO and hiked its fourth-quarter guidance.During the regular…
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Taiwan is investigating whether a ship linked to China is responsible for damaging one of the undersea cables that connects Taiwan to the internet, the latest reminder of how vulnerable Taiwan’s critical infrastructure is to damage from China.The incident comes as anxiety in Europe has risen over apparent acts of sabotage, including ones aimed at such undersea communication cables. Two fiber-optic cables under the Baltic Sea were severed in November, prompting officials from Sweden, Finland and Lithuania to halt a Chinese-flagged commercial ship in the area for weeks over its possible involvement.In Taiwan, communications were quickly rerouted after the damage…
U.S. stocks ended 2024 on a high, with the S & P 500 finishing last year with gains of over 23%. While funds tracking the major indices will have logged similar returns, a handful of actively managed ETFs marketed in Europe outperformed, including JPMorgan’s US Research Enhanced Index Equity ETF and Invesco’s Quantitative Strategies ESG Global Equity Multi-Factor ETF. CNBC Pro screened 321 ETFs in Europe that are invested in equities, fixed income, or commodities, and are not leveraged or produced inverse returns. JEUS JPMorgan’s US Research Enhanced Index Equity SRI Paris Aligned UCITS ETF was the best performing ETF…
The Nvidia headquarters in Santa Clara, California, U.S., on Tuesday, Nov. 19, 2024.David Paul Morris | Bloomberg | Getty ImagesThis report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.What you need to know todayBack to back gains for S&P and NasdaqU.S. stocks mostly rose on Monday, with the S&P 500 and Nasdaq Composite climbing two days in a row. Artificial intelligence darling Nvidia closed at a record high. The pan-European Stoxx 600…
Test tubes are seen labelled “Bird Flu” words in this illustration taken, June 10, 2024. Dado Ruvic | ReutersThe U.S. has recorded its first human death from bird flu, a grim milestone that comes as at least 66 cases have been recorded in the country.The patient, who was over 65 and had underlying medical conditions, was hospitalized in Louisiana in December; the case was considered the country’s first severe human H5N1 infection.The Louisiana Department of Health said the patient had been exposed to a combination of a backyard flock and wild birds.”The Department expresses its deepest condolences to the patient’s family and friends as…
“This replicates and reinforces what we already know about sugar-sweetened beverages,” he said, “but the findings highlight their severe costs on health and productivity, especially in Africa and Latin America.”The study detailed intriguing patterns in the consumption of sugary drinks. For example, researchers found that men had modestly higher rates of soda consumption than women. Intake was higher among the well-educated, especially in sub-Saharan Africa, South Asia and Latin America. In the Middle East and North Africa by contrast, the study found that soda consumption was higher among adults with comparatively lower levels of education.South Asia, Southeast Asia and East…
After Akio Toyoda, CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and his business philosophy.Photo by Yoshikazu Tsuno | Gamma-rapho | Getty ImagesLAS VEGAS — Toyota Motor is exploring the development and production of orbital rockets, Chairman Akio Toyoda said Monday.The automaker, through its “Woven by Toyota” mobility company, is investing 7 billion Japanese yen ($44.4 million) into Interstellar Technologies Inc., a Japanese private spaceflight company developing launch vehicles for satellites.Toyoda, former CEO and scion of the automaker, said there shouldn’t only be “one car company” — referring to…
Jensen Huang, Nvidia’s founder, president and CEO, speaks about the future of artificial intelligence and its effect on energy consumption and production at the Bipartisan Policy Center in Washington, D.C., on Sept. 27, 2024.Chip Somodevilla | Getty ImagesNvidia revealed new chips for desktop and laptop PCs on Monday that use the same Blackwell architecture underpinning the company’s fastest AI processors for servers and data centers.The chips, called GeForce RTX 50-series, will come pre-installed in computers ranging from about $550 to $2,000, the company said. Laptops with the chips will start shipping in March.Nvidia unveiled the processors at CES in Las…
The ‘Fast Money’ traders talk Nvidia hitting an all-time high today and what is next for the AI trade. Source link
This picture taken on Feb. 16, 2024 shows a logo of Nippon Steel Corp. at the company’s Kyushu manufacturing base in Kitakyushu city of Fukuoka Prefecture. U.S. President Joe Biden plans to express concern over Nippon Steel’s proposed $14.9 billion purchase of U.S. Steel, a person familiar with the matter said on Wednesday, pushing the U.S. company’s stock nearly 13% lower on bets the deal could face greater political opposition.Philip Fong | Afp | Getty ImagesJapan’s Nippon Steel CEO reiterated Tuesday that the company was not giving up on its takeover of U.S. Steel, a day after it sued the…
