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 on Tuesday and what’s on the radar for Wednesday’s session. Obesity in the USA We’ll…
OpenAI CEO Sam Altman (L) speaks with Microsoft Chief Technology Officer and Executive VP of Artificial Intelligence Kevin Scott during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. Jason Redmond | AFP | Getty Images Investors can’t get enough of artificial intelligence, despite worries over the sector’s excessively high…
While gold was taking a hit on Tuesday, the metals trade has outshined artificial intelligence on Wall Street this year, even the latter has propelled the broader stock market to record levels. Gold crossed the $4,000-per-ounce threshold earlier in October, and just this week, it hit a record above $4,300 . It’s currently up more…
How are we enjoying the “normal seasonal soft patch” so far? The stock market spent the past week chopping around the range left by the sharp drop the prior Friday, while confronting the ghosts of crises past: regional-bank balance-sheet worries , possible re-escalation of China trade hostilities, a crypto flash correction and a reversal in…
There’s something highly unusual about gold’s recent breakneck performance: It’s happening at a time when stocks are also doing well — and there isn’t a crisis. Futures contracts tied to the precious metal are up 61% year to date, while the S & P 500 has risen 14%. Barclays’ trading desk noted that this “makes…
Retail investors are rushing back into the stock market after a relatively snoozy summer, according to JPMorgan. Retail investors poured around $7 billion into purchases on balance over the last week, said Arun Jain, an analyst at the bank. That’s a noticeable jump from the $5.3 billion average seen weekly over the last two months….
Jin Lee | Bloomberg | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Milestone mania 2. Phase 1 US President Donald Trump during a roundtable on Antifa in the State Dining Room of…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. ) Another clockwork bid to erase the minor index dip from yesterday , with the usual flag carriers of the AI-buildout boom doing the work while stocks closer to the here-and-now consumer remain sluggish. Put Tuesday’s wobble in semiconductor stocks…
Gold eased on Thursday, as investors booked profits a day after bullion breached the crucial $4,000-per-ounce level. Fatido | E+ | Getty Images Gold eased Thursday, as investors booked profits a day after bullion breached the crucial $4,000-per-ounce level to hit a record high on economic and geopolitical uncertainties and hopes of additional U.S. interest…
Bank of America is urging caution after gold broke above $4,000 for the first time Tuesday. Gold futures touched an intraday record of $4,014.60 per ounce as of 11:31 a.m. ET, while spot gold hit an all-time high of $3,985.36. Gold prices have gained about 50% this year as investors seek a safe haven from…