India expects ‘preferential’ tariffs in trade deal with U.S.: India’s Piyush Goyal

India expects ‘preferential’ tariffs in trade deal with U.S.: India’s Piyush Goyal

India expects to secure “preferential” tariffs from the United States that are better than those achieved by its economic rivals, according to India’s commerce and industry minister Piyush Goyal. Goyal, who led the negotiations on the U.K.-India trade agreement, signaled a confident approach from New Delhi in ongoing trade talks with Washington. “India will get…

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Jim Cramer says Big Tech is underspending on AI. Here’s why

Jim Cramer says Big Tech is underspending on AI. Here’s why

CNBC’s Jim Cramer on Thursday affirmed his faith in the earnings power of artificial intelligence, telling investors that Big Tech hyperscalers aren’t spending too much on the new technology. “These companies aren’t overspending on AI, they are actually underspending on AI,” Cramer said. “See, this is a winner-take-all, loser-take-none situation. The only reason to spend…

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Stocks making the biggest moves after hours: INTC, DECK, SAM

Stocks making the biggest moves after hours: INTC, DECK, SAM

Check out the companies making headlines in after-hours trading. Intel – Shares of the chipmaker inched up less than 1% in extended trading. That’s after the company’s second-quarter revenue of $12.86 billion topped the $11.92 billion that analysts surveyed by LSEG were expecting for the period. The company’s third-quarter revenue guidance also surpassed analyst estimates….

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