Market participants are „overconfident“ about their ability to predict the long-term effects of AI on company performance, according to Morningstar’s Mike Coop.
Kategorie-Archiv: CNBC Financial News
Chinese tech giant Huawei reports tepid consumer revenue growth for the first half of 2023
Huawei on Friday reported 2.2% year-on-year growth in its consumer business revenue for the first half of the year.
UBS ends Credit Suisse’s government and central bank protections
UBS‘ takeover of Credit Suisse was brokered in March, amid talks with the Swiss government, the Swiss National Bank and regulator FINMA.
What Biden’s executive order means for U.S. investors in China
The Biden administration’s long-awaited executive order on U.S. investments in Chinese companies leaves open plenty of questions on how it will be implemented.
Chinese tech giant Huawei reports tepid consumer revenue growth for the first half of 2023
Huawei on Friday reported 2.2% year-on-year growth in its consumer business revenue for the first half of the year.
Stocks making the biggest moves premarket: Capri, Tapestry, AppLovin, Disney and more
These are the stocks posting the largest moves in early trading.
China’s real estate market roiled by default fears again, as Country Garden spooks investors
Two years after Evergrande’s debt troubles, worries about China’s real estate sector are coming to the forefront again.
Stocks making the biggest moves after hours: Disney, Wynn Resorts, AppLovin and more
See which stocks are posting big moves after the bell.
Stocks making the biggest moves midday: Roblox, Penn Entertainment, Upstart and more
These are the stocks posting the largest moves in midday trading.
SMIC posted a drop in second-quarter revenue on persisting weak chip demand
SMCIC posted a drop in second-quarter revenue amid ongoing U.S. sanctions and a sluggish recovery in global chip demand.