Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the Nasdaq Composite posted a record close, aided by Nvidia, and what’s on the…
The auditorium at Alibaba’s headquarters was packed with attendees, leaning against the wall and squeezing onto the stairs. Hundreds of Chinese small-business owners listened raptly as a stream of representatives from Alibaba, the Chinese online shopping giant, stepped onstage to reassure them of China’s resilience in the face of America’s eye-watering tariffs. “Since the beginning…
In just 17 days after launch, Temu surpassed Instagram, WhatsApp, Snapchat and Shein on the Apple App Store in the U.S., according to Apptopia data shared with CNBC. Stefani Reynolds | Afp | Getty Images Chinese online retailer Temu, whose “Shop like a billionaire” marketing campaign made its way to last year’s Super Bowl, has…
Nvidia ‘s China problem reared its head once again, underscoring why Jim Cramer said this week that the AI chipmaker’s stock has been difficult to own during the second Trump administration. In a securities filing Tuesday night, Nvidia said the U.S. government will require the company to obtain an export license to ship its H20…
Chinese national flags flutter on boats near shipping containers at the Yangshan Port outside Shanghai, China, February 7, 2025. Go Nakamura | Reuters BEIJING — China’s reaction to new U.S. tariffs will likely focus on domestic stimulus and strengthening ties with trading partners, according to analysts based in Greater China. Hours after U.S. President Donald…
A Wall Street firm issued price target reductions for three of our industrial stocks. However, the changes are not cause for concern. The news Analysts at Barclays on Wednesday struck an upbeat tone on Honeywell despite modestly revising their price target on the stock to $247 a share from $251. The new target still implies…
William_potter | Istock | Getty Images The U.S. on Tuesday added dozens of Chinese tech companies to its export blacklist in its first such effort under the Donald Trump administration, as it doubles down on curtailing Beijing’s artificial intelligence and advanced computing capabilities. The U.S. Department of Commerce’s Bureau of Industry and Security added 80…
My top 10 things to watch Tuesday, March 25 1. Wall Street was heading for a higher open today following back-to-back gains. The rallies are being fueled by the hope that President Donald Trump will soften his approach to so-called reciprocal tariffs, set to go into effect April 2. Trump said in yesterday’s Cabinet meeting…
Maybe it is worth waiting for stocks like Wynn Resorts , names so cheap that they can’t be explained. On Friday, I spent a considerable amount of time with Wynn CEO Craig Billings at his incredible hotel, the gem of the Las Vegas strip, talking about his business and its cockamamie stock price. Wynn’s valuation…
(Bloomberg) — Chinese stocks slumped on Friday, extending this week’s losses, with investors citing a lack of fresh catalysts after a blistering rally. Most Read from Bloomberg The Hang Seng China Enterprises Index (^HSCE) slid as much as 2.7%, headed for its steepest two-day drop since Nov. 12. Technology shares bore the brunt of the…