Fed rate cut path in sharp focus

Traders react as a screen displays the Fed rate announcement on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023. REUTERS/Brendan McDermid 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 … Read more

Big Tech earnings on tap

Privately held companies have been left to develop AI technology at breakneck speed, giving rise to systems like Microsoft-backed OpenAI’s ChatGPT and Google’s Bard. Lionel Bonaventure | 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 … Read more

Big Tech earnings loom large

A slogan related to Artificial Intelligence (AI) is displayed on a screen in Intel pavilion, during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16, 2024.  Denis Balibouse | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed … Read more

What recession? The U.S. economy kept growing

U.S. President Joe Biden speaks with workers while visiting CS Wind, the largest wind tower manufacturer in the world, in Pueblo, Colorado, U.S., November 29, 2023.  Andrew Caballero-Reynolds | 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 … Read more

All eyes on U.S. fourth-quarter GDP

A customer visits a supermarket in San Mateo, California, on Dec. 12, 2023. Li Jianguo | Xinhua News Agency | 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 … Read more

Oil eases from 4-month excessive as rally takes a breather

Invoice Ross | The Picture Financial institution | Getty Photos Oil costs eased from four-month highs as crude’s summer time rally takes a breather. World benchmark Brent futures traded decrease by 0.9% at $85.44 a barrel after reaching their highest degree since April. U.S. West Texas Intermediate futures dipped 1% to $82.02 per barrel. Regardless of these losses, … Read more

Oil costs pop after Saudi Arabia pledges manufacturing cuts

Imaginima | E+ | Getty Pictures Oil costs rose following OPEC kingpin Saudi Arabia’s choice to chop manufacturing by one other million barrels per day. On Sunday, the Group of the Petroleum Exporting Nations and its companions (often known as OPEC+) made no modifications to its deliberate oil manufacturing cuts for the remainder of the … Read more

Marvell shares soar 32% after semiconductor agency beats on earnings

Matt Murphy, CEO, Marvell Expertise Scott Mlyn | CNBC Shares of Marvell Expertise continued a big in a single day rally Friday, surging about 32% off the again of quarterly earnings outcomes that beat on the highest and backside strains. On Thursday, the chipmaker posted 31 cents in adjusted earnings per share for the primary … Read more