There could be a buying opportunity in consumer packaged goods stocks, Jim Cramer says
CNBCs Jim Cramer explains why packaged goods stocks could be hitting a bottom.
Lawmakers just released a much-awaited crypto market structure bill. Here’s what it means for digital assets and what comes next
The Senate Agriculture Committee released a draft of its part of a crypto market structure bill, which could help advance the U.S. digital assets industry.
Google sues cybercriminal group behind E-ZPass, USPS text phishing scams
Google filed a lawsuit against a cybercriminal group largely based in China that is behind a massive text message phishing operation, or “smishing.”
Swiss sneaker company On raises guidance again, says it won’t offer Black Friday deal
Swiss sportswear company On blew past Wall Street’s expectations as it pledged to offer no discounts during the holiday shopping season.
Why private equity is stuck with ‘zombie companies’ it can’t sell
Private equity firms are facing a new reality: a growing crop of companies that can neither thrive nor die, lingering in portfolios like the undead.
Nvidia supplier Foxconn third-quarter profit beats expectations, rising 17% on AI demand
Foxconn, the world’s largest contract electronics maker, reported Wednesday that its third-quarter profit jumped 17% from a year earlier.
European markets set to open broadly higher as positive momentum continues
European stocks are seen opening broadly higher on Wednesday, maintaining positive momentum seen earlier this week.
Luckin Coffee eyes U.S. relisting as five-year turnaround from fraud scandal takes hold
Luckin Coffee CEO Jinyi Guo said the company is preparing to relist its shares in the U.S., five years after an accounting scandal derailed the coffee chain’s business.
SoftBank shares plunge as much as 10% after selling Nvidia stake
SoftBank Group shares fell as much as 10% Wednesday after the conglomerate revealed it had offloaded its entire stake in U.S. chip giant Nvidia.
Asia markets mostly rise after Wall Street trades mixed; SoftBank falls as much as 10% after selling entire stake in Nvidia
Asia-Pacific markets mostly climbed Wednesday, after Wall Street traded mixed on hopes of the U.S. government shutdown ending and a pullback in AI stocks.