CNBC’s Jim Cramer said Thursday that investors need to tread carefully in the wake of another brutal day of selling in software stocks. The market’s fear around artificial intelligence-driven disruption to their business models is driving indiscriminate selling, Cramer said, making it difficult to know where valuations ultimately settle. While the cohort has been under…
Shanghai Bund skyline panorama Yangna | E+ | Getty Images China’s economic slowdown deepened in August with a raft of key indicators missing expectations, as weak domestic demand persisted and Beijing’s campaign against industrial overcapacity curbed output. Retail sales last month rose 3.4% from a year earlier, data from the National Bureau of Statistics showed…
Cat Stevens, who also goes by Yusuf, announced Monday that he has postponed the North American leg of his book tour due to unspecified visa issues Cat Stevens, who also goes by Yusuf, has postponed the North American leg of his book tour due to unspecified visa issues, the singer announced on social media Monday….
Sanae Takaichi, Japan’s prime minister, during a news conference the prime minister’s office in Tokyo, Japan, on Monday, Jan. 19, 2026. Takaichi officially called an early election next month and promised a temporary sales tax cut on food if she wins a fresh mandate for her new coalition. Bloomberg | Bloomberg | Getty Images Less than…
There’s a lender in town that’s becoming more prevalent than ever: “the Bank of Mom and Dad” — a term you’ve likely heard thrown around before. As many as half of parents with adult children are stepping in to financially support their grown kids, providing regular assistance for expenses like monthly groceries (83%), cell phones…
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Tesla electric vehicles are parked at a Tesla service center on Aug. 2, 2025 in San Diego, California. Kevin Carter | Getty Images There are generally two ways for a company to increase its profit: increasing sales or cutting costs. Preferably both at the same time — because a rise in revenue might be overshadowed…
Key Points U.S. technology companies are delaying their decisions to lease large data centers in India. New deals for data centers have been on hold for over two months, a source told CNBC. Hyperscalers may revisit their plans within the next three to six months. U.S. technology companies are delaying their decisions to lease large data centers in India, jittery from…
TOPSHOT – A plume of smoke rises following a reported explosion in Tehran on February 28, 2026. (Photo by AFP via Getty Images) – | Afp | Getty Images Israel launched a daylight attack Saturday on Iran’s capital, with a cloud of smoke rising from the city’s downtown, the Associated Press reported. It wasn’t immediately clear…
Once seen as a small, “unexciting” market for income-seeking investors, Singapore equities have taken a sharp turn upwards, surging to record highs, with major banks and market watchers signaling that the rally is just getting started. Building on its strong gains from last year, the benchmark Straits Times Index has advanced nearly 10% so far…
