world
Shares of Chinese chipmaker MetaX soar over 500% in Shanghai debut
Shares of Chinese chipmaker MetaX Integrated Circuits Shanghai soared over 500% after raising nearly $600 million in its initial public offering. Source link
Alphabet-owned Waymo in talks to raise $15 billion in funding
The funding round would give Waymo a valuation as high as $110 billion, a person familiar with the matter told CNBC. Source link
CNBC Daily Open: Beware confirmation bias in U.S. jobs report for November
Whether you’re a bull or a bear, Tuesday’s tea leaves will show you what you want to see — but beware confirmation bias. Source link
Trump orders blockade of sanctioned oil tankers in Venezuela, designates government as 'terrorist organization'
In a post on Truth Social, Trump said “Venezuela is completely surrounded by the largest Armada ever assembled in the History of South America.” Source link
Asia-Pacific markets set to open mixed ahead of Japan trade data
Asia-Pacific markets were set to open mixed Wednesday as traders looked toward trade data coming out of Japan. Source link
Why China’s young are flocking to government jobs in record numbers
China’s educated youth lower their ambitions to find security and better work-life balance in government jobs. Source link
Kushner's Affinity Partners exits Paramount bid for Warner Bros. Discovery
WBD agreed to sell its film studio and streaming service HBO Max to Netflix, and plans to spin out Discovery Global, with its TV networks such as CNN and TNT. Source link
Tesla stock hits record as Wall Street rallies around robotaxi hype despite slow EV sales
Wall Street’s bullishness on Tesla has returned after the stock had its worst performance since 2022 in the first quarter of the year. Source link
Sheryl Sandberg says corporate climate 'one of the worst' she has ever seen
Sheryl Sandberg says corporate climate is ‘one of the worst’ ever and there is no excuse for companies to backslide on efforts to level career playing field. Source link
Nasdaq moves to make trading nearly 24 hours. Why some on Wall Street say that's a bad idea
Critics argue that formalizing nearly nonstop trading could worsen some of the very problems that plague the structure of equity markets today. Source link