Apple CEO Tim Cook joins Apple employees at the Apple store as customers line up for the release of Apple new iPhone 17 models in New York on Sept. 19, 2025. Angela Weiss | AFP | Getty Images Apple has acquired Israeli artificial intelligence startup Q.ai, a company representative confirmed on Thursday. No purchase price…
I often call the 200-day moving average the key barometer of health when judging a stock. Above it – the patient is healthy. Testing it – we need to examine and wait for further evidence to confirm its health. Below it – I yield to that the old adage: Bad things happen under the 200-day…
Investors have become “too optimistic” and are increasingly ignoring downside risks across equity and credit markets, according to a Bank of America analyst, who highlighted two key defensive trades being handed “on a platter.” Speaking to CNBC’s “Squawk Box Europe” on Wednesday, Sebastian Raedler, head of European equity strategy at the bank, said European quality…
A boat moves past a cargo ship with containers at a terminal of the Yantian port in Shenzhen, Guangdong province, China October 30, 2025. Tingshu Wang | Reuters The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled and the impact of President Donald Trump’s…
Barclays sees more gains ahead for ASML after a big earnings beat Wednesday coupled with better than expected guidance. The bank upgraded the Dutch semiconductor equipment overweight from equal weight Thursday. Shares rose more than 3.5% in premarket trading following the rating change. Barclays analyst Simon Coles said demand for ASML’s product — extreme ultraviolet…
Crude oil prices rose more than 2% on Thursday as President Donald Trump weighed military strikes on OPEC member Iran. U.S. crude rose $1.56, or 2.5%, to $64.77 per barrel. Global benchmark Brent was up $1.59, or 2.3%, to $69.99 per barrel. Multiple sources told Reuters that Trump is weighing targeted strikes on Iranian security…
Drugmakers Roche and Sanofi’s latest earnings were largely as expected, with the companies talking up the potential of experimental medicines ahead of a looming “patent cliff” for Big Pharma. Both companies’ stocks were down less than 1% on Thursday after reporting earnings before the bell. They are both among the pharmaceutical companies that could see…
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. New Delhi-based tech startup founder Ashita Gupta loves her cars. With prospects of luxury European cars becoming cheaper, Gupta, who drives an Audi A6, is considering buying another high-end vehicle. It…
Denmark’s Foreign Minister Lars Lokke Rasmussen talks to journalists ahead of a EU Foreign Affairs Council meeting at the EU headquarters in Brussels on January 29, 2026. Simon Wohlfahrt | Afp | Getty Images Denmark’s foreign minister on Thursday welcomed “very constructive” high-level talks over Greenland’s future, saying the conversation about the island was “back…
Illustration shows the logo of Deutsche Bank Brussels, Saturday 25 March 2023. Nicolas Maeterlinck | Afp | Getty Images LONDON — European stocks opened higher on Thursday, as traders focused on a raft of earnings reports from some of Europe’s biggest companies. The pan-European Stoxx 600 was up 0.5% shortly after 8:30 a.m. in London…
