Asset-heavy stocks are outperforming asset-light stocks as investors look for a hedge against artificial intelligence risks, Goldman Sachs said in a note last week. It’s been dubbed the ” HALO ” trade, for “Heavy Assets, Low Obsolescence.” The idea is that companies with real assets will be insulated from AI disrupting their business models. The…
An aerial view of a cargo ship being loaded with shipping containers at the Port of Baltimore in Baltimore, Maryland, on August 7, 2025. Jim Watson | Afp | Getty Images A U.S. trade court judge on Wednesday ordered the government to begin paying potentially billions of dollars in refunds to importers who paid tariffs…
President Donald Trump hauled big technology companies into the White House on Wednesday to sign a pledge that they will supply their own power for artificial intelligence data centers, as anger grows across the U.S. over rising electricity prices ahead of the midterm elections. Trump has embraced the artificial intelligence industry as an engine of…
Broadcom on Wednesday delivered a solid quarterly results while painting an increasingly upbeat picture around the future of its custom AI chip business. The report showed that despite fading enthusiasm for Broadcom’s stock, its most important business still has the wind at its back. Revenue in the fiscal first quarter of 2026, which ended Feb….
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 and what’s on the radar for the next session. Berkshire Hathaway Thursday morning on ‘Squawk…
China’s liquid-fueled intercontinental strategic nuclear missiles DongFeng-5C, which have a global strike range, pass through Tian’anmen Square during the V-Day military parade on September 3, 2025 in Beijing, China. China News Service | China News Service | Getty Images BEIJING — China plans to increase its defense spending by 7% this year, Reuters reported Thursday,…
Traders work in the S&P options pit at open of trading at the Cboe Global Markets exchange on March 04, 2026 in Chicago, Illinois. I Scott Olson | Getty Images Stock futures were little changed Wednesday night after major averages closed higher in the previous session, as investor jitters around the U.S.-Iran war eased. Futures…
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more In an environment of rising credit card fees for premium offerings, American Express is amping up its value proposition. On Wednesday, the New York City-based credit-card giant announced the launch of its new airport lounge concept accessible to select cardholders. The lounge, dubbed Sidecar…
Check out the companies making headlines in after-hours trading. Okta — Okta beat Wall Street’s fourth-quarter expectations , leading shares of the identity security provider to add about 2%. Okta reported adjusted earnings of 90 cents per share on $761 million in revenue, exceeding analysts’ estimate of 85 cents per share in earnings and $749…
A man walks past in front of an electronic screen showing South Korea’s benchmark stock index (KOSPI) at the Korea Exchange in Seoul on March 3, 2026. Jung Yeon-je | Afp | Getty Images South Korean stocks quickly fell from grace following the U.S. and Israeli strikes on Iran. But Wall Street doesn’t see that…
