Business
China state planner lays out further actions to boost economy but no new plans for major stimulus
China will speed up special purpose bond issuance to local governments to support regional economic growth, senior NDRC officials said.
Foxconn chairman says AI investment boom ‘still has some time to go’ as language models evolve
Foxconn Chairman Young Liu told CNBC the artificial intelligence boom “still has some time to go” as AI models are ...
Ark Invest expects this tech stock to disrupt Big Tech firms
Ark tells CNBC that companies like it are well positioned to disrupt a tech landscape dominated by Amazon Web Services, ...
Samsung posts disappointing third quarter profit guidance as it grapples with AI chips
Samsung posts worse-than-expected guidance for third quarter
Harris rules out bilateral talks with Putin on ending war in Ukraine
Democratic presidential candidate says Kyiv must be involved in any negotiations
Samsung issues lengthy apology after disappointing results — read the full statement
Samsung Vice Chairman, Jun Young-hyun, who is the new head of the company’s Device Solutions Division, issued a rare apology.
Chinese shares soar as expectations rise for more stimulus for economy
Investors pile into mainland stocks following weeklong market holiday
Jim Cramer weighs in on Netflix, says he’s staying bullish on the streaming giant
CNBC’s Jim Cramer compared reports from analysts at Barclays, who downgraded Netflix, and Piper Sandler, who upgraded the stock.
UK government plans to extend collective pension schemes
Members would participate in pooled plans and be offered target returns, but payouts are not fixed
Spending on clothes boosts UK retail sales in September
Positive data raises hopes for a busy Christmas shopping season
UK homes to be offered payments to cut electricity use all year round
Plan by grid operator will help Britain’s network cope with more wind and solar power
Florida braces for Hurricane Milton as it strengthens to category 5 storm
US agencies warn of possible threat to life as second hurricane in as many weeks barrels towards southern state’s coast
UK borrowing costs climb as Reeves walks ‘tightrope’ over spending plans
Gap between yields on gilts and German bonds has reached widest in more than a year ahead of Budget
UK launches regulator in push to speed up approvals for new technology
Regulatory Innovation Office will take innovation ‘by scruff of neck’, says science secretary Peter Kyle
Chinese travelers trickle back to a Taiwanese island, mere miles from the mainland
Tourism has slowly started to resume on Kinmen, a remote Taiwanese island 1.8 miles from China that once thrived on ...
Wall Street giants like Goldman quickly up their bets on Chinese markets amid stimulus promises
That comes after many Wall Street banks and analysts downgraded China stocks in recent years, with only a few fund ...
Warren Buffett’s BofA stock-selling spree surpasses $10 billion
Berkshire’s remaining 10.1% stake is worth about $31.4 billion. Read More
Ukraine’s shifting war aims
Kyiv is not being given the support it needs to regain the upper hand over Russia
Fed cuts could turn the tide for commercial real estate. Where to find opportunity
Investors should tread carefully if wading into the market.
The S&P 500 will jump 10% over the next year to 6,300, Goldman Sachs says
The index has rallied 20% so far this year. Read More
Charts indicate a near-term rally in energy stocks will continue. How to play it
Katie Stockton breaks down the chart in the SPDR Energy ETF and Exxon Mobil.
Super Micro shares soar after server company says it’s shipping over 100,000 AI GPUs per quarter
Super Micro announced a new liquid cooling solution that can reduce power costs and footprint for AI data centers.
Starmer looks to McSweeney to fix Labour teething troubles
Ousting of Sue Gray as chief of staff comes as UK prime minister nears 100 days in power
Google DeepMind exec says AI has increased efficiency so much the company’s legal department uses it for 50% of info requests
Executives are focusing on specific use cases that can be made more efficient by AI. Read More
Hurricane Milton strengthens to Category 5 storm, prompting evacuation orders
The massive storm comes less than two weeks after a catastrophic Hurricane Helene swamped the coastline. Read More
Trump Media stock soars 15% in heavy trading after ex-president’s rally in Butler with Musk
Shares of Trump Media soared a day after Donald Trump returned to Butler, Pennsylvania, the site of his July 13 assassination attempt, ...
The economy is headed for a soft landing—but investors should still reduce risk, JPMorgan strategy chief says
Investors are “passively allowing risk to accumulate,” JPMorgan Asset Management’s chief global strategist David Kelly told Business Insider. Read More
Selling these underperformers can offset investors’ capital gains taxes into year-end
Investors looking to lower their tax bill may want to take advantage of a tried-and-true strategy that involves selling the ...
Stocks making the biggest moves midday: Generac, Amazon, Pfizer and more
These are the stocks posting the largest moves in midday trading.
