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…
One Wall Street strategist is wary of the near-term market outlook, even as the consensus grows more optimistic. JPMorgan equity strategist Dubravko Lakos-Bujas is worried the S & P 500 could suffer a near term pullback of roughly 5% to 8%, equal to the benchmark index slumping as low as 6,200 or 6,000, respectively, and…
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 Monday and what’s on the radar for Tuesday’s session. Apple Apple hosts a key…
JPMorgan has a few key price levels it’s watching on the biggest artificial intelligence stocks in the market. The transition to early fall is a seasonally weak period for U.S. equities that could weigh on technology and growth names. With any swing against bellwether stocks such as Nvidia and Microsoft likely to dampen broad market…
Sam Altman (Bloomberg) — Credit investors are pouring billions of dollars into artificial intelligence investments, just as industry executives and analysts are raising questions about whether the new technology is inflating another bubble. Most Read from Bloomberg JPMorgan Chase & Co. and Mitsubishi UFJ Financial Group are leading the sale of a more than $22…
The following passage was part of Jim Cramer’s prepared introduction to Thursday’s August monthly meeting of the CNBC Investing Club. Periodically, we are in moments like we find ourselves in now. All over America, there are portfolio managers who, for one reason or another, do not like this market. Maybe they have kept an unusual…
High stock valuations demand a more nimble approach for investors, according to Matrix Asset Advisors president and chief investment officer David Katz. Asked how he steers between sticking with an expensive market on the one hand, or switching to a value-oriented approach with the other, Katz told CNBC Pro on Monday, “You have to do…
Just over two years ago, a plunge in Vietnam’s stocks left Pham Nam with a loss of 2 billion dong ($76,269) and led him to sell his Hyundai car. Nam swore he’ll never invest again. But a 22% rally this year in the benchmark VN Index has compelled Nam to wade back in with his…
The stock market could keep rising to new heights this summer, at least until the big test of Nvidia ‘s earnings due at the end of August, according to the JPMorgan trading desk. The Wall Street firm said it remains “tactically bullish” even after the 30% rebound in the S & P 500 off its…