Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of what I’m seeing and hearing from local businesses. My latest conversations with investors reveal a notable shift: China has taken note of how finance powered Silicon Valley’s rise and is following suit….
Politicians on both sides of the aisle want to block Chinese vehicles from the United States. But over 100 Chinese automakers, auto tech companies, and parts suppliers already have a presence in the U.S., according to a survey done by Dunne Insights, a consultancy that focuses on electric vehicles and autonomous markets. Despite the United States…
Still life of the new Wegovy semaglutide tablets on a white background. Its a prescription medicine used with a reduced calorie diet and .and physical activity. Michael Siluk | Universal Images Group | Getty Images When the Wegovy pill launched in January, telehealth provider LifeMD said its business doubled almost overnight. LifeMD went from seeing…
A Spirit Airlines Airbus A321 airplane taxis at Los Angeles International Airport after arriving from Fort Lauderdale on March 30, 2025 in Los Angeles, California. Kevin Carter | Getty Images Just hours after Spirit Airlines collapsed, its rivals unveiled their new flight plans. Airlines had actually been at work for months on their route changes…
U.S. Treasury yields rose on Monday as traders awaited more data on U.S. factory activity and events in the Middle East continued to loom over borrowing costs. The 10-year Treasury yield — the benchmark for U.S. government borrowing — was more than 1 basis point higher in early trade, at 4.3979% by 5:10 a.m. E.T. Meanwhile,…
Bret Taylor, co-founder and CEO of Sierra, speaking to CNBC at the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2026. CNBC Artificial intelligence startup Sierra is raising nearly a billion dollars in a new funding round, CNBC has learned, as venture capital investors search for winners in an ongoing deal spree. The San…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email GameStop CEO Ryan Cohen joins ‘Squawk Box’ to discuss details of the company’s offer to buy eBay for $56 billion, the rationale behind the offer, how the combined company would rival Amazon, and more. <
Global economies could be “sleepwalking” into a “big recession”, as investors continue to underplay the impact of the oil price shock, Amrita Sen, founder and director, market intelligence at Energy Aspect, told CNBC’s “Squawk Box Europe” on Monday. The S&P 500 hit a new all-time intraday high last week, with the broad market index touching…
Key Points Lombard Odier’s Woods sees a rotation story from developed markets into emerging markets Kepler Cheuvreux’s Philippe Ferreira is seeing opportunities in utilities and telecommunications Amundi’s Guy Stear is eyeing opportunities in industrial stocks, because of the AI trend U.S. futures are pointing lower early Monday, after the S & P 500 and the Nasdaq…
Surging demand for weight loss and diabetes drugs leaves the pharmaceutical sector at risk from a “bubble effect” as profitability soars, new research suggests. Demand for the likes of Wegovy and Zepbound has driven research and development returns to their highest level in years, but a report published by Deloitte on Monday suggests this is…
