The global flagship store of Pop Mart, a Chinese toymaker and seller, at Nanjing Road Pedestrian Street on Aug. 16, 2022, in Shanghai, China. Vcg | Visual China Group | Getty Images Shares in Pop Mart International tumbled over 6% on Wednesday, a day after the toymaker issued a bullish first-half earnings forecast. The Beijing-headquartered…
A one pound price label in bowls of produce on a grocery stall at East Street Market in London, UK, in spring 2024. Bloomberg | Bloomberg | Getty Images The U.K.’s annual inflation rate hit a hotter-than-expected 3.6% in June, according to data released by the Office for National Statistics (ONS) on Wednesday. Economists polled…
Plant Vogtle Nuclear Power Plant in Waynesboro, GA, August 15, 2024. Van Applegate | CNBC Westinghouse plans to build 10 large nuclear reactors in the U.S. with construction to begin by 2030, interim CEO Dan Sumner told President Donald Trump at a roundtable in Pittsburgh on Tuesday. Westinghouse’s big AP1000 reactor generates enough electricity to…
The Pentagon is taking immediate action to boost critical mineral production in the U.S. and counter China’s dominance of the supply chain for rare earth magnets, a defense official told CNBC on Tuesday. The Defense Department last week agreed to buy a direct equity stake in MP Materials, which will make the U.S. government the…
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview at the JPMorgan Chase & Co. Capital Markets conference in Paris, France, on Thursday, May 15, 2025. Cyril Marcilhacy | Bloomberg | Getty Images JPMorgan Chase on Tuesday topped analysts’ estimates on better-than-expected revenue from fixed income trading and investment…
Ruth Porat, President & Chief Investment Officer of Alphabet & Google, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024. Mike Segar | Reuters Alphabet‘s Google will invest $25 billion in data center and artificial intelligence infrastructure over the next two years in states across the biggest electric grid in…
High rise buildings, including the China Zun or CITIC Tower (L, back) is seen at the Central Business Distric (CBD) from the Tuanjiehu park in Beijing on June 2, 2025. Adek Berry | Afp | Getty Images China’s economy grew at a slower clip in the second quarter, as trade tensions with the U.S. rattled…
Jim Cramer on Monday brushed off Morgan Stanley’s downgrade of CrowdStrike , viewing the cybersecurity giant’s recent dip as a potential buying opportunity. “Morgan Stanley may downgrade this but I want to get in on the downgrade and get in on the discount,” Cramer said Monday during the Investing Club’s Morning Meeting. Shares of CrowdStrike…
A cargo ship loads and unloads containers at the Qianwan Container Terminal of Qingdao Port in Qingdao City, Shandong Province, China, on July 10, 2025. Costfoto | Nurphoto | Getty Images China’s exports growth beat expectations in June, buoyed by robust shipments to non-U.S. markets and as a temporary reprieve from U.S. tariffs helped slow…
This photograph shows Bitcoin stickers displayed at the microbrewery and bar La Fracasse, in Talence, on the outskirts of Bordeaux, south-western France on June 26, 2025. Christophe Archambault | Afp | Getty Images Bitcoin extended a rally to rise to a new record above $120,000 Monday, fueled by a rally in bitcoin ETFs. The price…
