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Finance
Stocks are the ‘asset class of choice’ as markets are now used to bad news, strategist says
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 29, 2024.Brendan Mcdermid | ReutersGeopolitical risks may be mounting, but stocks…
World’s largest sovereign wealth fund posts record $213 billion profit, boosted by tech stocks
The Norges Bank, Norway's central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023.Bloomberg | Bloomberg | Getty ImagesNorway's giant sovereign wealth fund on Tuesday reported…
Race for China’s EV market could last 3 years, BYD says, claiming it wants to work with Tesla
Chinese automaker BYD had one of the biggest stands at the IAA show in Munich, Germany in 2023.Arjun Kharpal | CNBCBEIJING — Competition for China's electric car market will…
Alibaba-backed Xreal, rival to Apple’s Vision Pro, claims it’s now an AR glasses unicorn
Xreal Air 2 in action. Xreal's augmented reality glasses is compatible with gaming consoles and can allow users to play games on a large virtual screenXrealBEIJING — Alibaba-backed…
Workers are sour on the job market — but it may not be warranted
Maskot | Digitalvision | Getty ImagesWorkers are sour on the job market — but that pessimism may be somewhat misplaced.The Glassdoor Employee Confidence Index in January fell to…
Elon Musk’s Neuralink implants brain tech in human patient for the first time
Jonathan Raa | Nurphoto | Getty ImagesElon Musk's neurotech startup Neuralink implanted its device in a human for the first time on Sunday, and the patient is "recovering well,"…
Reed Hastings sells $1.1 billion in Netflix shares
Netflix co-founder and executive chairman Reed Hastings speaks during the New York Times DealBook Summit in the Appel Room at the Jazz at Lincoln Center in New York City on Nov.…
Stocks making the biggest moves after hours: Whirlpool, F5, Cleveland-Cliffs and more
Check out the companies making headlines in after-hour trading. Woodward — Shares jumped 5% after the manufacturer surpassed expectations of analysts polled by FactSet on both…
Retail return fraud is rising as key holiday deadline approaches
Deadlines loom for consumers who want to send back unwanted holiday gifts.Many retailers extend return windows for purchases made in November and December through the end of…
Jim Cramer says it’s ‘totally the wrong time to sell’ this life sciences stock on a roll
Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. Here's today's edition. Market…