Trump picks VP, Dow record close, bitcoin ‘digital gold’

Trump picks VP, Dow record close, bitcoin ‘digital gold’

Traders work on the floor of the New York Stock Exchange (NYSE) on April 05, 2024 in New York City. Spencer Platt | Getty Images News | 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, … Read more

GM And Stellantis Get $1 Billion From Feds For EVs

GM And Stellantis Get  Billion From Feds For EVs

Good morning! It’s Thursday, July 11, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Walter Isaacson On Elon Musk(s) 1st Gear: Government Hands GM, Stellantis $1 Billion For More EV Projects The … Read more

S&P retreats, yen surges, Tesla sinks

S&P retreats, yen surges, Tesla sinks

Traders work on the floor at the New York Stock Exchange on Oct. 27, 2023. Brendan Mcdermid | Reuters 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 see? You … Read more

S&P retreats, yen surges, Tesla sinks

S&P retreats, yen surges, Tesla sinks

Traders work on the floor of the New York Stock Exchange.  NYSE 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 see? You can subscribe here. What you need to know … Read more

Tesla shares fall 6% after report of robotaxi unveiling delay

Tesla shares fall 6% after report of robotaxi unveiling delay

Elon Musk, CEO of SpaceX and Tesla, speaks during the Milken Global Conference 2024 at The Beverly Hilton in Beverly Hills, California, on May 6, 2024. David Swanson | Reuters Tesla shares fell about 6% on Thursday after Bloomberg reported that the electric vehicle maker is delaying the unveiling of its Robotaxi by two months. … Read more

A true bull market — it’s not the U.S.

A true bull market — it’s not the U.S.

Traders work on the floor of the New York Stock Exchange during morning trading on October 04, 2023 in New York City.  Michael M. Santiago | 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 … Read more

A true bull market — it’s not Wall Street

A true bull market — it’s not Wall Street

Traders work the floor of the New York Stock Exchange on July 25, 2023, in New York City.  Angela Weiss | 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 … Read more

Don’t make investing moves based on the election, experts say

Don’t make investing moves based on the election, experts say

US President Joe Biden and former US President and Republican presidential candidate Donald Trump participate in the first presidential debate of the 2024 elections at CNN’s studios in Atlanta, Georgia, on June 27, 2024. Andrew Caballero-reynolds | Afp | Getty Images Presidential election outcomes don’t significantly affect market performance, but many investors still feel nervous … Read more

Bill Gross says Tesla is the new meme stock

Bill Gross says Tesla is the new meme stock

Bill Gross’ Janus Henderson Global Unconstrained Bond Fund suffered more than $200 million in redemptions last month, lowering assets to $1.25 billion from over $2.24 billion in February. Lucy Nicholson | Reuters Longtime investor Bill Gross believes Elon Musk’s Tesla is behaving like a speculative play among retail investors. “Tesla acting like a meme stock — sagging … Read more

San Francisco’s real estate slide continues as office vacancies peak

San Francisco’s real estate slide continues as office vacancies peak

Artificial intelligence has been a big boon for San Francisco real estate. But not enough of one to make up for the broader struggle across the market. The vacancy rate for San Francisco office space reached a fresh record of 34.5% in the second quarter, according to a report Monday from commercial real estate firm … Read more