Waller told CNBC on Tuesday that the recent round of strong economic data will buy the central bank some time.
What’s Behind VinFast’s Electrifying Rise?
Key Points VinFast Auto saw an 800% surge after a SPAC IPO, nearing a $200 billion valuation. VinFast operates in cars, e-scooters, and more, with sales down 10% in 2022 and projected to be down in 2023. Founder Pham Nhat Vuong’s 99% ownership leaves only 1% of VinFast shares for public trading, resulting in a supply-demand imbalance and heightened volatility....
Toyota vs Tesla: The Tortoise And The Hare Race Has A New Meaning
The automotive industry tends to be a very saturated place for consumers, with endless choices of brands and models; spoiled for choice, they can balance their selection between their needs. Today, investors face a similar dynamic when choosing the right automotive stock to buy potentially. However, they are more spoiled for choice. Key Points Tesla and Toyota present investors with...
5 Critical Takeaways From MongoDB’s Q2 Results for AI Investors
Key Points MongoDB proves that NVIDIA is not the only company to benefit from the massive surge in AI interest. Results and guidance are well above the consensus estimates, leading the market higher. Shares of MDB could regain an all-time high by the end of the year. 5 stocks we like better than MongoDB AI is hot, and NVIDIA (NASDAQ:NVDA)...
AI And Retirement – How It Will Affect Your Retirement Savings
Artificial Intelligence (AI) is impacting humans more than any of us realize. It’s being used by marketers to gain customer insights, by manufacturers to automate processes, and by many businesses to analyze data and improve efficiency. AI’s ability to rapidly analyze large amounts of data has also given it a huge role in the financial industry, and thus can impact...
The States Where Lotteries Make The Most Money
New data finds that Rhode Island is the state where the lottery has the highest revenue per capita Residents of Rhode Island, Massachusetts, and West Virginia spend the most on lotteries per capita New York, California, and Florida are the most profitable states for lotteries, according to the data A nationwide study has revealed the states in which lotteries make...
Commerce Secretary Raimondo: U.S. businesses are ‘desperate for some kind of dialogue’ with China
Commerce Secretary Gina Raimondo discussed the economic relationship between the U.S. and China with CNBC’s Jim Cramer.
North Korean hackers have allegedly stolen hundreds of millions in crypto to fund nuclear programs
North Korea-linked hackers have stolen hundreds of millions of crypto to fund the regime’s nuclear weapons programs, research shows.
Tesla rival Polestar plans own smartphone launch alongside its first electric vehicle in China
The move underscores the way in which electric vehicle makers launching in China like Polestar are putting technology at the heart of their offering.
An escalating dispute at major gas facilities in Australia could drive up European prices, analysts say
The looming threat of strikes at Australian natural gas facilities will keep global gas markets on tenterhooks, energy analysts told CNBC.