Markets
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Finance
Stocks to play the China trade until the latest stimulus package kicks in
China’s surging stock market after the government outlined plans to boost the economy has suddenly tipped hedge funds and strategists…
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Finance
Treasurys on the blockchain: How a new deal could reshape the ETF industry
Blockchain technology and tokenization could challenge the traditional ETF model. Janus Henderson said recently that it’s partnering with Anemoy Limited…
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Finance
Stocks making the biggest moves midday: Wynn Resorts, Rocket Lab USA, Cassava Sciences and more
Check out the companies making headlines in midday trading. Bristol Myers Squibb — The drug maker jumped more than 3%…
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Economy
Key Fed inflation gauge at 2.2% in August, lower than expected
Inflation moved closer to the Federal Reserve’s target in August, easing the way for future interest rate cuts, the Commerce…
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Finance
China optimism is surging. Why some investors are cautious
A shareholder at a securities hall in Hangzhou, the capital of Zhejiang province in east China, on Sept. 24, 2024.…
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Finance
OpenAI CFO tells investors funding round should close by next week despite executive departures
OpenAI’s Sora AI tool allows users to create AI-generated videos from text-based inputs. Costfoto | Nurphoto | Getty Images OpenAI…
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Finance
Stocks making the biggest moves midday: Micron Technology, Super Micro Computer, Southwest Airlines and more
Check out the companies making headlines in midday trading. Micron Technology , chip stocks — Shares surged nearly 15% after…
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Finance
David Tepper says the Fed has to cut rates at least two or three more times to keep credibility
David Tepper, founder and president of Appaloosa Management. David Orrell | CNBC Appaloosa Management’s David Tepper said investors should believe…
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Finance
David Tepper’s big bet after the Fed rate cut was to buy ‘everything’ related to China
Billionaire hedge fund founder David Tepper said his big bet after the Federal Reserve’s rate cut was to buy Chinese…
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Finance
Stocks making the biggest moves premarket: Micron Technology, Starbucks, CarMax and more
Check out the companies making headlines before the bell. Starbucks — The coffee chain rose more than 2% after Bernstein…
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