Asia markets, banks, Europe, U.S., rescue plans
Tech stocks lead Hong Kong index climb; Baidu surges over 10% The Hang Seng index led gains in the Asia-Pacific region on Friday, driven in part by the surge in…
Asia-Pacific markets fall on bank fears, Credit Suisse announces ‘decisive action’ to borrow
TikTok says divestment doesn’t solve security concerns Forcing ByteDance to sell its stakes in TikTok will not ease security concerns, a spokesperson for TikTok told NBC News. The comments came…
Oil plunge bad for energy stocks but good for other market sectors
Energy stocks were slammed Wednesday as U.S. oil prices plunged to their lowest levels since December 2021. The extent of the decline in West Texas Intermediate crude — down 5.5%…
Oil tumbles 6%, heads for worst day since July as banking crisis routs markets
Oil production in Azerbaijan Vostok | Getty Images Oil prices fell Wednesday, as traders feared a brewing banking crisis could dent global economic growth. West Texas Intermediate futures fell more…
U.S. won’t reach new record oil production ‘ever again’: Pioneer CEO
While oil production in the U.S. will continue its return towards pre-Covid levels, limits on refining capacity and inventory mean it will not grow as much as some hope, according…
Oxy CEO doesn’t seem worried about politics of buybacks, gas prices
Occidental (long known as Occidental Petroleum) was the No. 1-performing stock in S&P 500 last year, but it didn’t get there by way of massive growth in oil and gas…
Coterra, Pioneer deliver earnings beats, even as spending to be higher
Club holdings Coterra Energy (CTRA) and Pioneer Natural Resources (PXD) delivered fourth-quarter earnings beats Wednesday. But we’ll be watching for how the market responds to higher capital expenditure outlooks and…
interest rates, Hong Kong GDP, Japan, Australia
New Zealand raises interest rates by 50 basis points to 4.75% New Zealand’s central bank has raised interest rates by 50 basis points from 4.25% to 4.75, in line with…
Jim Cramer’s Investing Club meeting Tuesday: TJX, oil, Club donation
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Stick with TJX Sit tight…
Asia markets mixed as investors digest private surveys on factory activity
BHP cuts dividend by 40% after nearly a one-third drop in profit Mining giant BHP has cut its dividend by 40% after it reported a drop in profits and revenue…