Atlantide Phototravel | Corbis Documentary | Getty Images Shares of SK Hynix jumped Friday after announcing that it had finished developing HBM4, the latest generation of high-bandwidth memory seen as vital for artificial-intelligence applications. Its shares rose over 7% to hit the highest since 2000 as of 9.40 p.m. ET Wednesday. Elsewhere in Asia, markets…
Shoppers at the new H Mart during their grand opening in Westminster, CA, on Thursday, August 7, 2025. Jeff Gritchen | Medianews Group | Getty Images It was a stellar day for markets as all three major U.S. stock indexes closed at record highs on Wednesday. That’s despite a sharper-than-expected month-on-month growth in U.S. consumer…
Hello, I am Priyanka Salve, CNBC’s senior correspondent for India, writing from Singapore. This week, I look at how global and local electric car makers are betting on the world’s third-largest car market in hopes of capturing the attention — and wallet share — of the Indian middle class. A Tesla Model Y is on…
The US Department of Labor headquarters in Washington, DC, US, on Monday, Aug. 11, 2025. Bloomberg | Bloomberg | Getty Images The White House used revised jobs data released Tuesday as fodder to criticize three frequent targets of President Donald Trump: the Bureau of Labor Statistics, former President Joe Biden and Federal Reserve Chair Jerome…
President Donald Trump‘s “big beautiful bill” raised the state and local tax deduction, known as SALT, to $40,000 for 2025. The change comes less than a decade after a cap was placed on this tax break for the first time in its history. Taxpayers who itemize tax breaks can claim the SALT deduction, which includes state and…
LONDON — Shares of Danish pharmaceutical giant Novo Nordisk were 3% higher in early deals Monday, after the company released trial data suggesting its blockbuster drug Wegovy outperforms major rivals in heart disease risk reduction. The study found continued users of semaglutide, a weight management drug branded as Wegovy, had up to a 57% greater reduction…
Traders work on the floor of the New York Stock Exchange during morning trading on Aug. 22, 2025 in New York City. Michael M. Santiago | Getty Images September in markets is a bit like a Monday morning; no one looks forward to it, and it usually lives up to its reputation. August gave investors…
The Seoul skyline. Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets traded mixed Friday, breaking ranks with Wall Street as investors also assessed a slate of economic data in the region. Japan’s Nikkei 225 slid 0.41%, while the Topix lost 0.39% after core consumer prices in Tokyo rose at a slower pace in August. The…
Shoppers carry bags along Wall Street near the New York Stock Exchange in New York, U.S., on Friday, Aug. 15, 2025. Michael Nagle | Bloomberg | Getty Images The S&P 500 closed Thursday at a fresh high, buoyed by signs that both Main Street and Wall Street are still buzzing with life. Revised data showed…
European stock markets fell on Thursday, as investors assessed an above-consensus quarterly earnings report from tech giant Nvidia. The U.S.-listed firm, which makes products for tech giants including Microsoft, Google, Meta and Amazon, said sales growth this quarter will remain above 50% in a sign of the continued resilience of the artificial intelligence boom. Fiscal…