(Bloomberg) — ASML Holding NV posted orders that fell short of analysts’ expectations, as Taiwanese and South Korean chipmakers held off buying the Dutch firm’s most advanced machines. Most Read from Bloomberg Bookings at Europe’s most valuable technology firm fell 61% in the first quarter from the previous three months to €3.6 billion ($3.8 billion), […]
Nikola Tesla was born during a lightning storm. He later earned the nickname “the wizard of lightning” because of his electrical inventions. It probably shouldn’t be surprising that the company named after him, Tesla (NASDAQ: TSLA), is the investing equivalent of a lightning rod, attracting diehard supporters and adamant opponents. Tesla’s fans and foes span […]
The past year or so has marked a coming-of-age story for artificial intelligence (AI). Generative AI’s ability to generate original content and streamline time-consuming processes represents a potential step change in how business gets done. The opportunity to profit from the productivity gains made possible by these next-generation algorithms has many companies scrambling to determine […]
(This is CNBC Pro’s live coverage of Wednesday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) Two of Wednesday’s biggest calls on Wall Street centered around a major electric vehicle maker and a newly spun-off energy company. Barclays cut its price target on Tesla. Meanwhile, Raymond James […]
Exchange-traded funds (ETFs) are a great way for investors to buy an entire portfolio of stocks without the challenge of picking individual winners and losers. ETFs usually represent a specific sector or theme in the stock market, and they are typically actively managed, which means a team of experts will adjust the portfolio as necessary. […]
A view of the street after heavy rainfall as adverse weather conditions affect daily life in Dubai. Anadolu | Anadolu | Getty Images DUBAI, United Arab Emirates — The National Center of Meteorology, a government taskforce responsible for cloud seeding missions in the United Arab Emirates, denied reports that it carried out the weather modification technique […]
Two Democratic senators asked Acting Comptroller of the Currency Michael Hsu, in a letter Monday, why his agency approved the merger between Flagstar and New York Community Bank when the Federal Deposit Insurance Corp. did not. Sens. Elizabeth Warren of Massachusetts and Richard Blumenthal of Connecticut cited a Capitol Forum article from October 2022 that […]
Crude oil prices have gotten off to a roaring start in 2023. West Texas Intermediate, the primary U.S. oil price benchmark, has risen from around $70 a barrel at the beginning of the year to more than $85 a barrel this month. Several factors have fueled oil prices, including growing tensions in the Middle East. […]
Financial Counsellor and Director of the Monetary and Capital Markets Department Tobias Adrian hold the press briefing of the Global Financial Stability Report at the International Monetary Fund during the 2024 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group in Washington DC, United States on April 16, 2024. Anadolu | […]
The past 30 years have been filled with no shortage of next-big-thing investment opportunities. Although nothing has surpassed the advent of the internet in terms of game-changing potential for corporate America, the rise of artificial intelligence (AI) may give it a run for its money. When discussing AI, I’m talking about the use of software […]
It happens with regularity every April, but investors still love to see Procter & Gamble (NYSE: PG) announce its new dividend each year. The consumer staples giant has one of the longest payout-boosting streaks on the market, with dividends rising each of the last 67 consecutive years. And P&G has been sending out dividend checks […]
In this video, I will cover the recent updates regarding Alibaba (NYSE: BABA) and how they could impact shareholders. *Stock prices used were from the trading day of April 15, 2024. The video was published on April 16, 2024. [embedded content] Should you invest $1,000 in Alibaba Group right now? Before you buy stock in […]
