General News
Latest news from around the World.
2nd Best Month For Equal Weight Since 1990
After trailing the cap-weighted S&P 500 by 4.61 percentage points in September, the equal-weight index beat the cap-weighted index by 5.85 percentage points in October. September's sizable advantage for the cap-weighted index makes October's reversal particularly noteworthy.
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The secret materials POWERING the chip industry
Entegris President and CEO Dave Reeder joins ‘The Claman Countdown' to discuss Intel's stock plunge and its impact on the semiconductor sector. #fox #foxbusiness #media #breakingnews #us #usa #new #news #breaking #theclamancountdown #entegris #intel #intelstock #davereeder #reeder #semiconductors #chips #chipmaking #technology #tech #stockmarket #stocks #investing #earnings #manufacturing #innovation #supplychain #chipindustry #silicon #wallstreet #business #markets #chipdemand #materials
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The New Bottleneck in America's AI Build-Out: A Shortage of Cheap Money
Lenders and investors are getting choosier about their bets and demanding stricter terms, as the AI build-out enters a new phase.
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Tech Selloff Wipes Out $1 Trillion In Value
AI worries sting major indices. Intel clocks its worst day since 1974.
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Has the tech bubble burst? Why the Nasdaq's rough ride looks eerily like 2000.
It's an urgent question, given the stock market's rout on Friday, especially for the Nasdaq Composite Index COMP-2.86%, which lost 748 points, or 2.9%. That certainly looks like bear-market behavior.
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Fed rate hike was NOT 'appropriate': Hudson Bay Capital Management senior strategist
Hudson Bay Capital Management senior strategist Stephen Miran discusses the Federal Reserve's monetary policy and the sell-off in artificial intelligence stocks on 'Making Money.'
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Jim Cramer says it's time to look beyond tech. Here are 4 consumer stocks he likes
CNBC's Jim Cramer said investors looking to diversify beyond the struggling AI trade should consider consumer staples, which surged more than 11% in October. He highlighted Kimberly-Clark, Procter & Gamble, Constellation Brands and Coca-Cola.
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Hedge Fund Arini Offloads $800 Million in Debt as Losses Deepen
Hamza Lemssouguer's fund known for its bold bets suffered margin calls after several investments tumbled.
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Bitwise's Matt Hougan: $6.3 billion Binance hack won't hurt Bitcoin long-term
Bitwise CIO Matt Hougan joins 'Fast Money' to talk the impact of the Binance hack on bitcoin pricing.
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Cramer's week ahead: Expect more volatility as tech earnings, midterms loom
CNBC's Jim Cramer warned that Wall Street could face more volatility next week as concerns about AI spending continue to weigh on technology stocks. Investors await earnings from Apple, AMD, and other major companies, as well as the midterm elections and the monthly jobs report.
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Tech Selloff Deepens as AI & Bitcoin Slide
The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Wolfe Research Managing Director, Internet Equity Research Shweta Khajuria, Illumina CEO Jacob Thaysen, FuelCell Energy President & CEO Jason Few, Burger King US & Canada President Tom Curtis, Big3 CEO & Co-Founder Ice Cube, Citi Head of US Equity Strategy Scott Chronert, Man Group Chief Market Strategist Kristina Hooper, BTIG Chief Market Technician Jonathan Krinsky, New Balance President & CEO Joe Preston, PacSun CEO Briane Olson, & Muhammad Ali's Wife Lonnie Ali & Authentic President of Entertainment Marc Rosen.
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Wall Street Punishes Tech Stocks on Earnings Misses
Wall Street got a reality check as a bruising selloff in technology shares fueled concern the artificial-intelligence frenzy that has powered the equity bull market might be overblown. Disappointing tech results spurred the worst drop for stocks since June, with the Nasdaq 100 falling 3.5% and briefly crossing the threshold of a technical correction.
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Cracks in AI Trade Power Sharp Tech Selloff
Plus, Binance executives are racing to cover billions in losses from the biggest crypto heist in history, and Ukraine struck a Russian oil refinery.
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Opinion | 1.5 Billion Successes in the War With Iran
That's how many barrels of oil have made it out of the Hormuz Strait with U.S. military guidance.
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AI Is Booming, But Hyperscaler Stocks Are Cracking: What's Next
Big Tech, including Amazon, Microsoft, Alphabet, and Meta, delivered strong Q3 revenue growth, but hyperscale stocks have entered correction territory. Despite robust top-line results, negative free cash flow and heavy AI infrastructure capex have raised market concerns about future returns and capital efficiency.
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Stocks Slide, Intel Plunges, Binance Hacked
Plus, Fed officials signals rate-hike support and Treasurys gain on tech selloff
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The selloff in tech stocks is shifting into overdrive
Technology stocks had been priced for perfection. They are now getting hammered.
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Nasdaq plunges 2.8% as Intel and Amazon results deepen AI stock sell-off
US stocks fell sharply on Friday, with the Nasdaq Composite recording its largest one-day percentage decline since June 5 as disappointing results from Intel and Amazon intensified concerns about the returns on massive artificial intelligence investments. The technology-heavy index dropped 2.86% to 25,437, while the S&P 500 declined 1.82% to 7,580.07.
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Fundstrat's Tom Lee: Today looks like someone's getting liquidated
Steve Sosnick, Interactive Brokers chief strategist, and Tom Lee, Fundstrat head of research, join 'Power Lunch' to discuss the tech slide slamming Nasdaq.
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Former Richmond Fed Pres. Lacker on Fed decision: I'm surprised at the lack of urgency
Jeffrey Lacker, former Richmond Fed president, and James Bullard, former St. Louis Fed president, join 'The Exchange' to discuss the Fed's decision this week.
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