Key Points GE HealthCare offers a range of medical technologies and pharmaceutical diagnostics to health care clinicians. Mergers & acquisitions are a major component of the GE HealthCare growth story. GEHC trades at a modest 18x earnings, placing it in the bottom quartile of large cap healthcare equipment providers. 5 stocks we like better than...
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China’s exports drop by 8.8% in August as trade slump persists
China’s economic rebound from the pandemic has slowed in the last few months, dragged down by a property market slump and lackluster consumer spending.
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India’s consumer market set to become the world’s third largest by 2027, behind the U.S. and China
Growth in India’s household spending per capita is expected to outpace that of other developing Asian economies like Indonesia, the Philippines and Thailand.
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Wall, what wall? Two detained after leveling part of China’s Great Wall
In an apparent attempt to create a shortcut, two people working in Shanxi province allegedly used machinery to remove a section of the Great Wall of China.
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EU lists Alphabet, Amazon, Meta and three other tech giants as ‘gatekeepers’ under strict competition rules
The European Union on Wednesday unveiled a list of six designated “gatekeepers” set to come under its new Digital Markets Act.
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World just endured its hottest summer on record. UN chief says ‘climate breakdown has begun’
“We can still avoid the worst of climate chaos – and we don’t have a moment to lose,” said UN Secretary-General António Guterres.
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September 6, 2023September 6, 2023Finance
Wells Fargo cuts price target on Disney. Here’s what the pros say to do next
Pros on CNBC discussed Disney after Wells Fargo cut its price target on the stock to $110 from $146 but is keeping its rating of overweight.
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September 6, 2023September 6, 2023Finance
Stocks making the biggest moves after hours: GitLab, Zscaler, AeroVironment and more
These are the stocks posting the largest moves in extended trading.
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September 6, 2023September 6, 2023Finance
Treasury yield jump is not ‘death to equities,’ BofA’s Savita Subramanian says
Savita Subramanian, BofA’s head of equity and quantitative strategy, sees a bullish signal in the bond move.
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September 6, 2023September 6, 2023Finance
Fed Governor Waller agrees the central bank can ‘proceed carefully’ on interest rates
Waller told CNBC on Tuesday that the recent round of strong economic data will buy the central bank some time.