Workers load goods for export onto a crane at a port in Lianyungang, Jiangsu province, China June 7, 2019. Reuters BEIJING – International investment firms have changed their China GDP forecasts nearly every month so far this year, with JPMorgan making six adjustments since January. That’s according to CNBC analysis of the firms’ notes. JPMorgan did not
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It’s a sophisticated trading strategy that’s becoming more accessible to retail investors. The strategy: Zero days-to-expiration options — which is essentially a one-day bet on the direction of the markets. And CBOE Global Markets CEO Ed Tilly is in the thick of it. His company offers them all five weekdays. “It’s really become attractive and
The Nauru ring road runs right around the Island nation of Nauru. (C) Hadi Zaher | Moment | Getty Images Sam Bankman-Fried’s younger brother, who was a top lobbyist for failed crypto exchange FTX, considered purchasing the island nation of Nauru in the Pacific to create a fortified apocalypse bunker-state, a lawsuit filed in Delaware
Two sellers offering merchandise for sale through a TikTok livestream. Bay Ismoyo | Afp | Getty Images TikTok struck a partnership with “buy now, pay later” service Atome to offer installment payments on its e-commerce marketplace in Malaysia, the latest in the company’s e-commerce push into Southeast Asia. TikTok Shop will include Atome as a
The Tesla factory in Tilburg, Netherlands. Jasper Juinen | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Netflix — The streaming giant’s shares tumbled more than 5% after posting its quarterly results Wednesday after hours. The company said it was too early to assess the effects of its crackdown on
Skyline view of the City of London financial district. Mike Kemp | In Pictures | Getty Images LONDON — U.K. inflation cooled significantly in June, coming in below consensus expectations at 7.9% annually. Economists polled by Reuters had projected an annual rise in the headline consumer price index of 8.2%, following the hotter-than-expected 8.7% reading
In this article MSFT BRK.A ATVI Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska, May 5, 2019. Nati Harnik | AP Warren Buffett’s Berkshire Hathaway dumped a significant portion of its stake in Activision
In this photo illustration, a visual representation of the digital Cryptocurrency Ripple is displayed on January 30, 2018 in Paris, France. Chesnot | Getty Images Blockchain startup Ripple is confident U.S. banks and other financial institutions in the country will start showing interest in adopting its XRP cryptocurrency in cross-border payments after a landmark ruling
Investors may want to reduce international exposure right now and stick with the home court. According to Main Management CEO Kim Arthur, global markets will meaningfully struggle due to the softening greenback. “One of the highest predicting factors for [the] future performance of international stocks versus U.S stocks is what the U.S dollar does,” Arthur
Changpeng Zhao, billionaire and chief executive officer of Binance Holdings Ltd., speaks during a session at the Web Summit in Lisbon, Portugal, on Wednesday, Nov. 2, 2022. Zed Jameson | Bloomberg | Getty Images Crypto exchange Binance is laying off employees in response to an ongoing Justice Department probe that is likely to end with
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, chairman and CEO of JPMorgan Chase, at the U.S. Capitol for a lunch meeting with the New Democrat Coalition in Washington, D.C., June 6, 2023. Nathan Howard | Bloomberg | Getty Images JPMorgan Chase is scheduled to report second-quarter results before the opening
A pedestrian walks by a Domino’s Pizza restaurant in San Francisco, Feb. 23, 2023. Justin Sullivan | Getty Images News | Getty Images Check out the companies making the biggest moves midday. Domino’s Pizza — The stock popped nearly 11% after Domino’s announced U.S. consumers can now order its products through Uber’s Uber Eats and