How “smart money” is preparing for the great AI market reset
In the past couple years, the US market was mostly guided by the story of AI, chips and data centers. The thrill of giving money to the so-called “hyperscalers” that…
Who will take the reins at Apple after Tim Cook?
Tim Cook’s tenure at Apple may be nearing its end, and attention inside the world’s most valuable company has turned to a key question: who will lead next?People familiar with…
Bihar election 2025: why the mandate matters to markets and 5 stocks to watch out for
Reporting a decisive lead in more than 200 seats in the rural and agriculturally dominant state of Bihar, India’s ruling National Democratic Alliance (NDA) appeared firmly on course for victory…
These 3 luxury stocks will be prime beneficiaries of Chinese consumer rebound
A renewed wave of spending from Chinese consumers, coupled with steady demand in the US, is breathing life back into the global luxury sector.After a challenging year marked by economic…
Experts think Nvidia stock could jump 30% this week, here’s why
Nvidia’s third-quarter earnings report on November 19 is set to be a critical market event, with investors and analysts intensely focused on the AI chip giant’s performance and prospects. CNBC’s…
Are Pop Mart’s Labubus going the Beanie Babies way? Analyst answers
The market frenzy around Pop Mart International Group Ltd.’s wildly popular Labubu toys may be nearing its breaking point, according to a bearish analyst who likens the craze to the…
Trump to reduce tariffs on beef, coffee in bid to ease grocery costs
President Donald Trump is preparing an executive order that will reduce tariffs on several widely consumed food imports, including beef, tomatoes, coffee and bananas, reported Bloomberg, citing a White House…
US digest: Trump to reduce tariff on food imports and US-Switzerland trade deal
In a fast-moving Friday across Washington and Wall Street, the United States announced a major breakthrough trade deal with Switzerland, signaled fresh tariff relief on key food imports, grappled with…
US-Switzerland trade deal: tariffs slashed to 15%, boosting pharma and watches
After months of punishing trade tensions, the US and Switzerland announced a breakthrough deal on Friday that will slash tariffs to 15% from the brutal 39% rate imposed in August.The…
Europe bulletin: US-Swiss trade deal, UK tax U-turn, Novo Nordisk shake-up
Europe saw a flurry of political and economic developments this week, from a major US–Swiss trade breakthrough to the UK government’s surprise decision to shelve a planned income tax rise.The…