Here are five key things investors need to know to start the trading day: 1. Short-lived Stocks on Tuesday tried to stage a rebound after three days of steep losses, with all three major averages up around 4% at their highs. But it didn’t last. By the close, stocks were solidly in the red, extending…
A drone view shows shipping containers from China, at the China Shipping (North America) Holding Company Ltd. facility at the Port of Los Angeles in Wilmington, California, Feb. 4, 2025. Mike Blake | Reuters Trump tariffs have officially kicked in — and they include a ghastly 104% duty on Chinese imports. Despite growing consternation and…
Shipping containers and gantry cranes beyond a fishing boat near the Yangshan Deepwater Port in Shanghai, China, on Wednesday, Dec. 6, 2023. China’s trade figures are scheduled for release on Dec 7. Bloomberg | Bloomberg | Getty Images In just a few hours, Trump tariffs will kick in — which includes a ghastly 104% duty…
Negative impacts from President Donald Trump’s intensifying global trade war could include stagflation and an even more drastic drawdown in the stock market, according to Torsten Slok, Apollo Global Management’s chief economist. The widely-followed economist sees a dire situation emerging in the tariff chaos, leading him to conjure up a host of downside risks to…
Microsoft owns lots of Nvidia graphics processing units, but it isn’t using them to develop state-of-the-art artificial intelligence models. There are good reasons for that position, Mustafa Suleyman, the company’s CEO of AI, told CNBC’s Steve Kovach in an interview on Friday. Waiting to build models that are “three or six months behind” offers several…
A trader is comforted by a coworker as they work on the floor of the New York Stock Exchange. Eduardo Munoz Alvarez / Getty Images The Magnificent Seven stocks collectively lost more than $800 billion in Thursday trading, the latest milestone underscoring how President Donald Trump’s tariff rollout has crippled financial markets. Taken together, the…
Even as he grows older, Microsoft founder Bill Gates still fondly remembers the catalytic computer code he wrote 50 years ago that opened up a new frontier in technology. Although the code that Gates printed out on a teletype machine may look crude compared to what’s powering today’s artificial intelligence platforms, it played a critical…
Tariffs under the Trump administration have triggered concerns about the impact on demand and fears of a potential recession, roiling the stock market. Amid the ongoing volatility, the pullback in several stocks with strong fundamentals presents a lucrative opportunity to build a position. Top Wall Street analysts are spotting attractive names with robust long-term growth…
The beginning of 2025 was a difficult one for the Dow Jones Industrial Average , but analysts are more optimistic on certain stocks heading into the second quarter. The 30-stock Dow has tumbled more than 2% in the first quarter. Chip giant Nvidia has led the decline with its 18% fall, followed by losses from…
Goldman Sachs says there’s a slew of stocks the firm likes that are well positioned in an uncertain macro environment. CNBC Pro combed through the firm’s research to find companies with upside as worries linger. They include: Carnival, Microsoft, Accenture, Vertex and e.l.f. Beauty. Accenture Analyst James Schneider is standing by shares of one of…