LONDON — European stocks are expected to open mixed on Tuesday, with all eyes on France after the resignation of Prime Minister Sebastien Lecornu plunged the country into a fresh political crisis. The U.K.’s FTSE index is expected to open slightly lower, Germany’s DAX 0.2% higher, France’s CAC 40 up 0.13% and Italy’s FTSE MIB 0.1%…
CNBC’s Jim Cramer on Monday explained why he’s bullish on Take-Two Interactive, saying it’s set to dominate the video game space now that its top competitor is going private. “This was an industry with three major players, but now, with Activision gone and EA going private, Take-Two’s now the only major publicly-traded American video game…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Monday and what’s on the radar for Tuesday’s session. Big deal and Big Tech…
There’s one specific trend set to define the automotive industry, according to investor and former Tesla board member Steve Westly: self-driving vehicles. And he says investors should take note. “Waymo and autonomous vehicles are the future, flat out, end of story,” Westly, who sat on Tesla’s board between 2007 and 2010, told CNBC’s “Squawk Box…
Aerial view by drone of Tokyo Cityscape with Tokyo Sky Tree visible in Tokyo city, Japan on sunrise. pongnathee kluaythong | Moment | Getty Images Japan’s Nikkei 225 hit a record high Tuesday for the second straight session, lifted by a tech rally on Wall Street after a massive deal between OpenAI and AMD —…
Wells Fargo Securities’ Ohsung Kwon expects artificial intelligence to dominate third-quarter earnings season. “Outside of AI, I’m not really excited about anything,” Kwon, the firm’s chief equity strategist, told CNBC’s ” Fast Money ” on Monday. He expects demand for AI to be the chief reason why results will exceed Wall Street estimates. He contends…
The U.S. Supreme Court declined on Monday to halt key parts of a judge’s order requiring Alphabet’s Google to make major changes to its app store Play, as the company prepares to appeal a decision in a lawsuit brought by “Fortnite” maker Epic Games. The justices turned down Google’s request to temporarily freeze parts of the injunction won by Epic…
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures are little changed Tuesday night after U.S. stocks kicked off the new trading week with fresh records. Futures tied to the Dow Jones Industrial Average rose 15 points, or 0.03%. S&P futures ticked up 0.06%, while Nasdaq 100 futures rose 0.04%….
“Zootopia 2”, “Wicked: For Good”, and “Avatar: Fire and Ash.” Courtesy: Disney Enterprises, Inc. | Universal Pictures The box office is about to heat up. After a sizzling summer of action-packed blockbuster fare, theatrical momentum stalled in the fall. But, the winter slate is poised to deliver a consistent spark of ticket sales, pushing the…
After years of drought, dealmaking is returning to the U.S. banking sector, and Wells Fargo analyst Mike Mayo broke down which firms could be the next target. Mayo, one of the industry’s most closely followed bank analysts, said the setup reminds him of the 1990s, when consolidation swept through regional and community banks following waves…
