Nasdaq 100 futures were flat this morning after the index lost 1% yesterday following Tesla’s Q3 earnings call, which investors did not like. The stock was down 3% after Elon Musk’s company revealed record revenue but a decline in profitabilty. It was another in a series of earnings calls from tech companies that have disappointed…
My top 10 things to watch Thursday, Oct. 23 1. Wall Street was headed for a lower open after a rough Wednesday. Bond yields, gold, and crypto were up. Oil was lower. The White House is considering export curbs on U.S. software to China, Treasury Secretary Scott Bessent confirmed yesterday. 2. U.S. crude prices jumped…
The latest frenzy in Beyond Meat is offering a fresh reminder for investors chasing the latest viral stock — Riding the meme wave is fun, until it isn’t. The food company known for its plant-based burgers and sausages experienced monstrous gains of 128% Monday and 146% Tuesday. On Wednesday, the stock erased a triple-digit intraday…
Meme stocks redux! Several stocks, many with high short-interest, traded huge option volumes Wednesday. High short interest was a characteristic some speculators used to identify opportunities in the meme stock craze of early 2021. During that period, stocks like GameStop (GME) and AMC Entertainment (AMC) experienced huge moves, and participants on Reddit’s WallStreetBets forum, like…
Pictured here is the Great Hall of the People in Beijing, China, ahead of the 76th anniversary of the founding of the People’s Republic of China on September 30, 2025. Anadolu | Anadolu | Getty Images BEIJING — China’s top leaders on Thursday stressed their resolve to boost domestic consumption over the next five years,…
A woman wearing a Gucci belt and bag is seen during Paris Fashion Week in September 2018 Christian Vierig | Getty Images Shares of Gucci owner Kering jumped over 9% on Thursday, hitting a 1-year high after the company’s sales decline narrowed and quarterly earnings beat estimates. The French luxury giant – whose brands include…
A new residential complex under construction in Hangzhou, Zhejiang Province, China on October 20, 2025. Cfoto | Future Publishing | Getty Images BEIJING — Chinese policymakers are unlikely to shore up the country’s struggling real estate sector, analysts told CNBC, even as the housing slump drags on economic growth. The assessment comes as China’s top…
General view of Orsknefteorgsintez oil refinery in the city of Orsk, Orenburg region, Russia Aug. 28, 2025. Stringer | Reuters U.S. decision to sanction Russia’s two largest oil companies threatens to disrupt the energy lifeline linking Moscow to its biggest customers in Asia, but without causing an immediate supply shock, industry experts told CNBC. The…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Eamon Javers reports on President Donald Trump speaking to reporters at the White House, saying he has a long meeting scheduled with Chinese President Xi Jinping during an upcoming trip to South Korea. 02:09 Wed, Oct 22 20255:36 PM EDT Source…
Asia-Pacific markets fell Thursday, tracking Wall Street’s declines on concerns about U.S.-China trade relations. Trade fears resurfaced after Reuters reported Wednesday stateside that the Trump administration is considering curbs on exports to China that are made with U.S. software, citing a U.S. official and three people briefed by U.S. authorities. The sources said that the plan,…