A sharp decline for key chip stocks weighed on the Nasdaq Composite and S&P 500, dragging them lower Tuesday. Here’s what CNBC is watching going into Wednesday.
Schlagwort-Archiv: Financial
Morgan Stanley shares pop 6% after beating estimates for third quarter profit and revenue
Morgan Stanley has several tail winds in its favor, from high stock values to a rebound in investment banking and strong trading activity.
Alibaba’s international arm says its new AI translation tool beats Google and ChatGPT
Chinese e-commerce giant Alibaba’s international arm on Wednesday launched an updated AI translation tool aimed at merchants that want to sell globally.
ASML just gave us a first glimpse into how U.S. chip export curbs will dent its China sales
ASML on Tuesday offered the first glimpse into how U.S. restrictions on exports of its advanced chip manufacturing tools to China will impact its sales in the Asian country.
Morgan Stanley shares pop 6% after beating estimates for third quarter profit and revenue
Morgan Stanley has several tail winds in its favor, from high stock values to a rebound in investment banking and strong trading activity.
These 5 portfolio stocks outperformed the market’s incredible run since our September Monthly Meeting
The S&P 500 and Dow Jones Industrial Average hit records as investors celebrate the Federal Reserve’s pivot to its rate-cutting era.
Apple hits an all-time high as new smartphone data sides with the bulls in a sea of negativity
Shipments of iPhones rose 3.5% year over year in the third quarter, according to IDC.
Tuesday’s big stock stories: What’s likely to move the market in the next trading session
The S&P 500 and Dow Industrials rose to fresh records on Monday. Here’s what CNBC is watching going into Tuesday.
Warren Buffett’s Berkshire Hathaway hikes its SiriusXM stake to 32% after Liberty deal
Berkshire hiked its bet after Liberty Media completed its deal in early September to combine its tracking stocks with the rest of the entertainment company.
Citigroup earnings top estimates, boosted by investment banking
The bank’s third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.