The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, December 6, 2023. Staff | Reuters LONDON — European markets held in positive territory on Friday, as traders around the world assessed a key November jobs report out of the U.S. The pan-European Stoxx 600 index closed up 0.7%. … Read more
An employee puts gold bullions into a safe deposit box at Degussa shop in Singapore Edgar Su | Reuters Gold prices hit another record high this week after a roaring 2023, and a combination of geopolitical tensions and continued central bank buying should see demand remain resilient next year, according to the World Gold Council. … Read more
A GameStop store in a strip mall in Chicago on March 16, 2023. Scott Olson | Getty Images Struggling retailer GameStop is giving its CEO and chair Ryan Cohen even more control, including the ability to use company cash to buy other stocks. In its quarterly report released Wednesday night, GameStop announced two changes to … Read more
In an interview with CNBC’s Jim Cramer, Amazon CEO Andy Jassy said generative artificial intelligence will change the customer experience in the company’s enterprise and discretionary consumer business. “Generative AI is going to change every customer experience, and it’s going to make it much more accessible for everyday developers, and even business users, to use,” … Read more
Broadcom (AVGO) reported mixed fiscal fourth-quarter results Thursday, coming up slightly short on the top line, despite strong profitability. The forward guidance was complicated by a number of moving parts and cyclical challenges in the semiconductor business — but we’re unconcerned because the company’s AI story remains intact, along with the ongoing integration of a … Read more
Hong Kong residential prices could fall by another 10% in 2024, according to DBS Hong Kong. Bloomberg | Bloomberg | Getty Images Hong Kong’s property market has plunged nearly 20% since its peak, and it may be a good time for homeowners to buy — but investors might want to think twice, according to Peter … Read more
Paul Singer, founder of Elliott Management, speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Crown Castle announced Thursday that CEO Jay Brown is retiring, the same day activist fund Elliott Management sent a letter calling for a new chief executive as part of a campaign for “enhanced … Read more
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. U.S. stocks climbed higher Thursday morning following three-straight days of declines, with the Magnificent Seven outperforming. The S & P 500 was up 0.7%, while the Nasdaq Composite gained … Read more
Starbucks ‘ (SBUX) 12-session losing streak is finally over, with Wednesday’s gain making a small dent in its recent decline of more than 10%. Despite persistent China concerns, which have been underlying the selling for nearly three weeks, we view the recent rough patch as a way to buy shares in a quality company at … Read more
Is the decline in WTI crude a sign of something more ominous? We don’t think so just yet. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Trusted Bulletin is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong … Read more
