AstraZeneca shares fell more than 5% Tuesday morning, the biggest one-day drop in seven months, after the British pharmaceutical giant announced disappointing lung cancer drug trial results.
Here’s everything Apple just announced: iPhone 16, iPhone 16 Pro, Apple Watch Series 10, AirPods 4 and more
Apple announced the new iPhone 16, the new Apple Watch Series 10, AirPods 4 and more on Monday. CNBC’s live blog coverage is below.
Cautious Chinese travelers are taking more last-minute trips as economy struggles
Chinese travelers are taking more last-minute trips as they become more cautious with spending amid lackluster economic recovery.
Asia-Pacific markets higher following Wall Street’s rebound from worst week of 2024
Asian investors are watching August trade data from China and India. China’s exports and imports are expected to grow by 6.5% year-on-year and 2%, respectively.
Carry trade unwind could replicate August mayhem, suggests currency strategist, as yen strengthens
Unwinding of the yen carry trade is expected to continue in September, presenting risk of another large sell-off, according to BK’s Kathy Lien.
Skype founder’s VC firm raises $1.24 billion to back European tech startups
Atomico, which was founded by Skype co-founder Niklas Zennström, raised two new funds worth $1.24 billion to back European technology firms.
Revisiting the Factor Zoo: How Time Horizon Impacts the Efficacy of Investment Factors
Don’t ignore serial dependencies in your factor portfolio.
China’s CPI climbs by a less-than-expected 0.6% as transport and home goods prices fall
China on Monday reported its consumer price index rose by 0.6% year on year in August, missing expectations.
Nikkei leads losses in Asia; China inflation comes in weaker than forecast
Investors in Asia will assess Japan’s revised second-quarter GDP and look toward China’s August inflation data.
CIA director saw ‘genuine risk’ of Russia using tactical nuclear weapons early in Ukraine war
CIA Director Williams Burns said the risk of escalation should not be taken lightly, but the U.S. should also not be intimidated by Russia.