Don't be scared by the volatility, keep buying chip stocks into year-end, says Cantor – CNBC
Investors shouldn’t let the market volatility this summer get them buying semiconductor stocks, says Cantor Fitzgerald. “Our view is to continue moving forward through the current mid-cycle correction and maintain an overweight to semiconductors,” analyst CJ Muse wrote in a weekend client note. The recommendation comes on the heels of turmoil in the semiconductor sector, […]
Stock futures are little changed after Fed signals rate cuts are imminent: Live updates – CNBC
Traders work on the floor of the New York Stock Exchange on February 29, 2024. New York Stock Exchange Stock futures were little changed on Sunday as investors tried to push stocks back to record highs after the Federal Reserve signaled it would cut interest rates. S&P 500 futures fell 0.1%, Nasdaq 100 futures dropped […]
CNBC host slams Warren over defense of price-gouging ban
Joe Kernen, co-anchor of CNBC’s “Squawk Box,” came out against the price-gouging ban proposal during a fiery interview with Sen. Elizabeth Warren (D-Mass.) on Friday, calling Warren’s claims “false” and “misleading.” The Massachusetts senator worked on a price-gouging bill with Harris in 2020 and introduced a similar bill earlier this year, but argued that states […]
CNBC anchor obliterates Elizabeth Warren in debate over Harris’ price control plan: ‘Those are fallacious and misleading’
CNBC’s Joe Kernen schooled Massachusetts Democratic Sen. Elizabeth Warren on the history of price controls during a debate on Democratic presidential candidate Kamala Harris’ economic policy. Speaking on “Squawk Box” on Friday, the day after Harris accepted the presidential nomination at the Democratic National Convention, Kernen explained his free-market argument against price controls to Warren. […]
Elizabeth Warren has fierce clash with CNBC host on Harris’ price control plan: ‘A fool’s errand’
Massachusetts Democratic Sen. Elizabeth Warren was grilled about Vice President Kamala Harris’ plan to impose federal price controls on food and groceries during a roughly 20-minute debate on CNBC’s “Squawk Box” on Friday. Harris announced Last week, Trump vowed to impose federal controls on the prices of food and household goods if elected to prevent […]
Elizabeth Warren spars with CNBC anchor over Harris price-gouging plan
Anne Interview The dispute between Sen. Elizabeth Warren (D-Mass.) and CNBC host Joe Kernen escalated on Friday morning, as the two sparred over Vice President Harris’ recent pledge to ban price gouging if elected in November. Harris last week unveiled an economic plan that includes a proposed ban that would give the Federal Trade Commission […]
Crypto industry accounts for almost half of corporate donations in 2024 election, report says – CNBC
US Vice President and Democratic presidential candidate Kamala Harris speaks at a campaign rally in Milwaukee, Wisconsin, USA, August 20, 2024. Marco Bello | Reuters As the 2024 US election reaches its final stages, cryptocurrency companies are pouring money into trying to influence the outcome. Nearly half of the corporate money flowing into elections comes […]
CNBC Daily Open: Stocks slide ahead of Powell speech – CNBC
Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City. Michael M. Santiago | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. The CNBC Daily Open brings investors all the information they need […]
CNBC's Inside India newsletter: The search for a stock market alternative – CNBC
A bronze bull statue stands outside the Bombay Stock Exchange (BSE) building in Mumbai, India, Monday, June 3, 2024. Indian stock futures soared after exit polls showed Prime Minister Narendra Modi’s ruling party won a landslide victory in the general election that ended on Saturday. Photo by Dheeraj Singh/Bloomberg via Getty Images Bloomberg | Bloomberg […]
Deutsche Bank shares rise 3% after settlement of bulk of claims in long-running Postbank suit – CNBC
The logo is on display atop Deutsche Bank’s headquarters at Aurora Business Park in Moscow, Russia. Andrey Rudakov | Bloomberg | Getty Images Deutsche Bank The German bank has reached settlements with about 60 percent of plaintiffs in a long-running lawsuit that claims it underpaid Postbank when it bought the company more than a decade […]