A banner for the Mediterranean restaurant chain Cava is displayed outside of the New York Stock Exchange (NYSE) as the company goes public on June 15, 2023 in New York City. Spencer Platt | Getty Images Cava’s stock rose 7% on Tuesday morning after the Mediterranean restaurant chain released its earnings report a day early. … Read more
Forget Tesla , the real competition in electric vehicles is low-cost Chinese automakers. That’s what Ford CEO Jim Farley recently told Wall Street. He said he has a plan as one such EV maker looks to break into America. BYD â short for Build Your Dreams â could pose a threat to Ford and other … Read more
U.S. President Joe Biden speaks during the annual National Prayer Breakfast at the U.S. Capitol in Washington, D.C., U.S., February 1, 2024. Evelyn Hockstein | Reuters Crude oil futures fell Tuesday after President Joe Biden indicated that a ceasefire in the Israel-Hamas war could come in the next week. The West Texas Intermediate contract for … Read more
U.S. Treasury yields slipped Tuesday after a large drop in durable goods orders raised some questions about the stability of the economy. The moves were muted as investors awaited a key inflation report later in the week. At 8:36 a.m. ET, the yield on the 10-year Treasury yield was down by more than 2 basis … Read more
Job seekers attend a Veteran Employment and Resource Fair in Long Beach, California, US, on Tuesday, Jan. 9, 2024. The Department of Labor is scheduled to release initial jobless claims figures on January 11. Eric Thayer | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily … Read more
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 19, 2024. Staff | Reuters Over the last 12 months, just 11 stocks made up half of the gains that powered the pan-European Stoxx 600 stock index to a record-high close on Friday. Earlier this month, Goldman Sachs … Read more
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 19, 2024. Staff | Reuters Over the last 12 months, just 11 stocks made up half of the gains that powered the pan-European Stoxx 600 stock index to a record-high close on Friday. Earlier this month, Goldman Sachs … Read more
An Apple Vision Pro mixed reality (XR) headset is seen at Apple store in New York, United States on Feb. 3, 2024. Fatih Aktas | Anadolu | Getty Images Online brokerage firm eToro is exploring ways to bring its retail trading app to augmented and virtual reality headsets from Apple and Meta, the company’s CEO … Read more
Samsung Electronics’ flagship smartphones Galaxy S24 series are displayed during their unveiling ceremony in Seoul, South Korea, January 15, 2024. Kim Hong-ji | Reuters BARCELONA â Smartphone makers are talking a big game about artificial intelligence this year. And they’re so confident about features they’re cramming into their phones that they think it’ll drive a … Read more
A person shops at a supermarket in New York City on December 14, 2022. Yuki Iwamura | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more
