Finance

Microsoft’s generative artificial intelligence prospects are impressive. But the stock has more to offer investors than just the new tech. Jim Cramer said Microsoft shares could bottom Wednesday — and out of all the megacap tech stocks, this Club name is the one to buy. Microsoft closed at a record high of $467 on July

Ken Griffin, founder and CEO of Citadel, speaks at the Milken Global Conference 2024 at The Beverly Hilton in Beverly Hills, California, on May 6, 2024. David Swanson | Reuters Billionaire investor Ken Griffin’s suite of hedge funds at Citadel eked out small gains in what proved a volatile month in August as markets grappled

In this photo illustration, the Robinhood Markets Inc. website is shown on a computer on June 06, 2024 in Chicago, Illinois.  Scott Olson | Getty Images Online brokerage platform Robinhood on Wednesday launched a share lending program in the U.K. that would allow consumers there to earn passive income on stocks they own, in the

Zilch CEO Phil Belamant. Zilch British financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone for the company as it looks toward an eventual initial public offering. In a trading update, Zilch, which competes with the likes of Klarna and Block in the buy now, pay later space,

HANGZHOU, CHINA – SEPTEMBER 1, 2024 – Photo taken on Sept 1, 2024 shows a newly built building of China Vanke in Hangzhou, Zhejiang province, China.  Cfoto | Future Publishing | Getty Images BEIJING — China’s property struggles and U.S. sanctions have significantly affected some of its cities, even as others benefit from Beijing’s tech

People walk past the image of the ‘Monkey King’ character, or ‘Sun Wukong’ of Chinese action role-playing game ‘Black Myth: Wukong’, developed by Chinese video game company Game Science, during its launch day in Hangzhou, in eastern China’s Zhejiang province on August 20, 2024. Str | Afp | Getty Images BEIJING – China’s first attempt

An eagle tops the U.S. Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/ Jonathan Ernst | Reuters While British fund manager abdrn predicts that the U.S. economy will see a soft landing, there is still the risk of a prolonged slowdown in 2025, said Kenneth Akintewe, the company’s head of Asian sovereign

He Xiaopeng, founder of Chinese EV company Xpeng, said on Aug. 27 that the startup’s next ten years will focus on integrating artificial intelligence. CNBC | Evelyn Cheng BEIJING — Xpeng shares rose after the Chinese electric car company launched its new mass-market Mona brand on Tuesday with prices starting as low as $16,812, far

China’s Foreign Minister Wang Yi (R) shakes hands with US National Security Advisor Jake Sullivan at Yanqi Lake in Beijing on August 27, 2024.  Ng Han Guan | Afp | Getty Images BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping are set to speak over the phone in “coming weeks,” the White

US National Security Advisor Jake Sullivan shakes hands with China’s President Xi Jinping during their meeting at the Great Hall of the People in Beijing on August 29, 2024. Trevor Hunnicutt BEIJING — Chinese President Xi Jinping told U.S. national security advisor Jake Sullivan during a meeting Thursday that Beijing hopes Washington will find “a

In this article DG DLTR Follow your favorite stocksCREATE FREE ACCOUNT A sign hangs above a Dollar General store in Chicago on Aug. 31, 2023. Scott Olson | Getty Images Dollar General shares tumbled Thursday after the discount retailer slashed its sales and profit guidance for the full year, suggesting its lower-income customers are struggling

Shaoqing Ren, vice president, autonomous driving development, at Nio speaks about the electric company’s 5nm chip at its tech day in Shanghai on July 27, 2024. CNBC | Evelyn Cheng BEIJING — Chinese electric car companies that are already engaged in an intense price war are turning up the heat on another front: Chip-powered tech