The S&P could continue its ascent despite pausing
Hikers on layered sandstone rock formations in the Fire Wave area of Valley of Fire State Park near Overton, Nevada. Ron Buskirk | Universal Images Group | Getty Images This …
UBS Group AG
The S&P could still have legs despite stalling
A general view from the Flattop Mountain in Alaska, United States on September 27, 2024. Hasan Akbas | Anadolu | Getty Images This report is from today’s CNBC Daily Open, …
Robinhood rolls out margin trading in the UK after regulator nod
Tthe Robinhood logo is displayed on a smartphone screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images LONDON — Robinhood said Monday that it’s rolling out margin investing — the …
Strong earnings, macro conditions propel stocks up
The Morgan Stanley headquarters in New York, US, on Wednesday, Dec. 27, 2023. Angus Mordant | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international …
OpenAI gets $4 billion revolving credit line on top of latest funding
OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has learned. It follows news on Wednesday that OpenAI closed its …
Microsoft AI bet shows up in finance leases that haven’t yet commenced
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. Microsoft will invest $1.7 billion to build out cloud computing …
Moving past sticky core inflation
Prices are displayed in a store window in Brooklyn on August 14, 2024 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from …
Investors expecting an aggressive Fed cut are getting too ‘ahead of the curve,’ UBS CEO says
UBS CEO Sergio Ermotti on Tuesday, May 7, 2024. Bloomberg | Bloomberg | Getty Images The CEO of Swiss banking giant UBS said Thursday that the fight against inflation isn’t …
UBS’ Ermotti may have pulled off deal of the decade with Credit Suisse rescue
UBS CEO Sergio Ermotti on Tuesday, May 7, 2024. Bloomberg | Bloomberg | Getty Images After an intense weekend of negotiations in March 2023, Swiss banking giant UBS agreed to …
Volatility spike was a ‘huge overreaction,’ but more could be ahead, strategist says
August has been a choppy month for markets, with uncertainty over the health of the global economy sparking a jump in volatility. At the start of the month, a weaker-than-expected …