Fintech stocks have been in a rut since 2021. That may be about to change. Wolfe Research technical strategist Rob Ginsberg pointed out the Global X FinTech ETF (FINX) is close to reaching the $30 level for the first time...
Sovereign wealth funds out of the Middle East are emerging as key backers of Silicon Valley's artificial intelligence darlings.Oil-rich nations like Saudi Arabia, United Arab Emirates, Kuwait and Qatar have been looking to diversify their economies, and are turning to...
Amazon parcels are prepared for delivery at Amazon's Robotic Fulfillment Centre.Nathan Stirk | Getty ImagesAmazon is rolling out an artificial intelligence tool designed to help third-party sellers quickly resolve issues with their accounts and fetch sales and inventory data.The company...
Christopher L. Winfrey, CEO of Charter Communications.Courtesy: Charter CommunicationsCharter Communications CEO Chris Winfrey said he wants customers to think of reliability and credibility when they think of their cable and broadband provider.The cable giant told CNBC it is unveiling a...
A Waymo autonomous self-driving Jaguar electric vehicle sits parked at an EVgo charging station in Los Angeles, California, on May 15, 2024.Patrick T. Fallon | AFP | Getty ImagesUber announced Friday it is expanding its partnership with Alphabet's Waymo to...
While many investors have been distracted by the recent drop in leading technology shares, a traditionally overlooked part of the market is seeing a major boom: consumer staples. The S & P 500 consumer staples sector hit a record on...
Fronts of the GMC Sierra Denali,Tesla Cybertruck and Ford F-150 Lightning EVs (left to right).Michael Wayland / CNBCDETROIT – Tesla, General Motors, Rivian Automotive and Ford Motor have created a new market in the U.S. automotive industry of pricey, powerful and...
Yesterday, commodity weakness in metals was widely attributed to Goldman Sachs, which cut its copper forecast because of projected weakness in China. Then there was concern that the August jobs report, out this Friday, was going to be weaker than...
Many hotel chains are racing to replace the plastic room key with digital options, including Apple Wallet and Google Wallet apps. Plastic hotel key cards have had a rough few years. During the pandemic, touch was taboo, so touchless trends accelerated. And...
Check out the companies making headlines in premarket trading. Nvidia — The chip designer and artificial intelligence bellwether slipped more than 4% despite surpassing Wall Street estimates on the top and bottom line in its fiscal second quarter. Nvidia earned...
