Tech stocks just wrapped up one of their best years in past two decades after 2022 slump
The Nasdaq climbed 43% in 2023, one of the sharpest rally for the tech-heavy index in 20 years.
Financial News
Russia pummels Ukraine with ‘massive’ wave of airstrikes; 16 reported killed
“Today, Russia used nearly every type of weapon in its arsenal,” Ukrainian President Volodymyr Zelenskyy said.
A slew of new conflicts could erupt in 2024, analysts say — while the world is watching Gaza and Ukraine
With the eyes of the world on the ongoing wars in Ukraine and Gaza, an unprecedented number of potentially “catastrophic” conflicts are going under the radar, analysts have warned.
Houthi attacks and U.S. strikes add to concerns of broader conflict in the Middle East
Fresh Houthi attacks on ships in the Red Sea and U.S. strikes against targets in Iraq come against fears that the war in the Gaza Strip could be spreading.
With hopes of victory fading, Ukraine’s war against Russia could get even harder in 2024
There were high hopes that a Ukrainian counteroffensive in 2023 would change the dial in the war against Russia. It didn’t, and 2024 could be even harder.
China’s potential new gaming rules will hit smaller developers more, analyst says
China’s proposed gaming rules would hit smaller developers more than large ones, while also reducing overall online advertising revenue, according to UBS.
Apple executives Johny Srouji and John Ternus speak about Apple’s growing chip business — full interview
CNBC’s Katie Tarasov sits down with Apple’s head of silicon Johny Srouji and its head of hardware John Ternus to discuss Apple’s silicon business.
Tech companies like Google and Meta made cuts to DEI programs in 2023 after big promises in prior years
After vocal commitments following the murder of George Floyd in 2020, DEI programs in the tech industry are in broad retreat.
Europe has record gas stocks for this winter — but consumers still face historically higher bills
Wholesale gas markets continue are pricing in geopolitical risk, and concerns persist about future storage despite current healthy levels.
Profit-taking, economic worries or options trading? Sudden sell-off confounds analysts
After nine straight sessions of gains, Wall Street suddenly took a turn around an hour and a half before the closing bell on Wednesday.