world
Dick's Sporting Goods to shutter some Foot Locker stores to protect profits
Dick’s Sporting Goods acquired Foot Locker for $2.4 billion. To ensure the tie-up doesn’t become a drag on profits, the company is shrinking its footprint. Source link
Alibaba shares rise as AI drives 34% cloud sales jump
Alibaba reported a 34% year-on-year rise in cloud computing revenue to 39.8 billion yuan. Source link
The UK's Autumn Budget is coming: Here's what it could mean for your money
It’s tricky to guage exactly what we’re going to get when Chancellor Rachel Reeves finally unveils her spending and taxation plans on Wednesday. Source link
Nvidia shares fall 3% on report Meta will use Google AI chips
Nvidia shares fell on Tuesday after The Information reported that Meta is considering using chips designed by Google. Source link
CNBC Daily Open: Alphabet to omega in AI?
Alphabet on Monday may have brought about alpha but letting it be the omega as well could pose problems for investors. Source link
Europe set for dour open as markets shrug off Wall Street rebound
European stocks are set for a soft open on Tuesday as regional markets shrugged off Wall Street’s rebound at the start of the week. Source link
'Takaichi cannot retract her statement and Beijing knows that': Why China-Japan spat unlikely to be resolved soon
Trump’s back-to-back calls with Xi and Takaichi did nothing to temper Beijing’s pressure campaign on Tokyo over Taiwan. Source link
CNBC Daily Open: A risky alpha bet in markets to revive AI trade
Alphabet on Monday may have brought about alpha but letting it be the omega as well could pose problems for investors. Source link
Asia-Pacific markets track Wall Street's tech recovery after Alphabet leads AI rally
Asia-Pacific markets opened higher Tuesday, tracking Wall Street’s tech rebound on Fed rate-cut hopes. Source link
Broadcom is joining Alphabet in the AI rally. Why investors are jumping in
The move in Broadcom comes as investors continue to push shares of Google parent Alphabet higher. The two are related through their business with ASICs. Source link