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☆ What’s fueling this week’s record-breaking stock rally
▼ + stars: | 2024-09-27 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

New York CNN —The stock market is racking up record highs again. Investors are wasting no time moving into riskier assets from bitcoin to tech stocks after last week’s long-awaited rate cut from the Federal Reserve. Fresh data this week has offered further encouragement that the economy is on solid footing. Applications to refinance a mortgage soared 20% last week from the prior week, according to Mortgage Bankers Association data. Meanwhile, tech shares have continued to gain this week on rate cut optimism and after Micron reported strong earnings.

Persons: Dow, FactSet, ”, Gregory Daco, Freddie Mac, Bitcoin Organizations: New, New York CNN, Federal Reserve, Dow, Nasdaq, Federal, Mortgage Bankers Association, Investors, Employers, Micron, Nvidia, Meta, Financial Times Locations: New York, China, Saudi Arabia

☆ U.S. crude oil heads for weekly loss as Saudi supplies look set to return
▼ + stars: | 2024-09-27 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

U.S. crude oil on Friday was on pace for its first weekly loss in three weeks, as the prospect of growing oil supplies from Saudi Arabia overshadowed China's efforts to stimulate its economy. The U.S. benchmark West Texas Intermediate is down nearly 6% this week, while global benchmark Brent has pulled back nearly 4%. OPEC+ recently postponed planned output hikes from October to December, but analysts have speculated that the group might delay the hikes again because oil prices are so low. The oil selloff erased gains from earlier in the week after China unveiled a new round of economic stimulus measures. Soft demand in China has been weighing on the oil market for months.

Persons: there's, Dan Yergin, CNBC's, There's, Yergin Organizations: Texas, Brent, P Global, Oil Locations: Saudi Arabia, U.S, Israel, Lebanon, OPEC, China

☆ China's doing very positive things with its economy, says Wharton's Jeremy Siegel
▼ + stars: | 2024-09-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's doing very positive things with its economy, says Wharton's Jeremy SiegelJeremy Siegel, Wharton School professor of finance, joins 'Squawk on the Street' to discuss how much of a game changer recent news from China is, how the U.S. equity market looks, and much more.

Persons: Wharton's Jeremy Siegel Jeremy Siegel Organizations: Wharton School Locations: China

☆ China optimism is surging. Why some investors are cautious
▼ + stars: | 2024-09-27 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

A shareholder at a securities hall in Hangzhou, the capital of Zhejiang province in east China, on Sept. 24, 2024. "Markets should place more emphasis on the specifics of the stimulus," Lu said. The People's Bank of China this week cut major interest rates, and announced plans to lower rates for existing mortgage holders. Questions about scaleFor some investment institutions, that's still not enough to move the needle on their China outlook. A survey in September of more than 1,200 companies in China by the U.S.-based China Beige Book found that corporate borrowing declined, despite historic lows in the costs to do so.

Persons: Xi Jinping, Ting Lu, Lu, Nomura's Lu, that's, Paul Christopher, Christopher, Shehzad Qazi, Qazi Organizations: Getty, BEIJING, Shanghai, Nomura, People's Bank of, Finance, Wells, Wells Fargo Investment Institute, U.S Locations: Hangzhou, Zhejiang, China, Beijing, People's Bank of China, Wells Fargo, U.S . Federal, U.S

☆ Maley: China has structural problems that stimulus won't solve
▼ + stars: | 2024-09-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMaley: China has structural problems that stimulus won't solveMatt Maley, Chief Market Strategist at Miller Tabak, warns that rising commodity prices could hurt earnings and urges caution with Chinese stocks despite recent gains.

Persons: Matt Maley, Miller Tabak Locations: China

☆ Today's market is a 'bubble dream' with rate cuts, China inflating economy, Bank of America says
▼ + stars: | 2024-09-27 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Massive stimulus from central banks in the U.S., China and elsewhere is driving bubble-like stock returns and could head off a global recession, according to Bank of America. "It's the bubble dream," BofA chief investment strategist Michael Hartnett wrote in his weekly "Flow Show" breakdown of where investors are putting their money. "Fed slashing, oil crashing, China inflating ... and if this China stimulus don't work then geopolitical risks [are] going to soar." But while some indicators do point to a slowing in global growth, the abundant forecasts for recession have eased. "Fed cutting into recession is negative for risk assets, but Fed cutting with no recession is positive and investors firmly of view Fed + China is sufficient policy easing to short-circuit recession risk," Hartnett wrote.

Persons: Michael Hartnett, Hartnett Organizations: Bank of America, Federal Reserve, People's Bank of China, Investors Locations: U.S, China

Yang Yimin / University of Chinese Academy of SciencesThe Bronze Age coffin was discovered during the excavation of the Xiaohe Cemetery in 2003. The fact that those items included chunks of kefir cheese alongside the body showed that “cheese was important for their life,” she added. They identified the cheese as kefir cheese, which is made by fermenting milk using kefir grains. The journey of the cheese took them to tracing the journey of the kefir culture, which is used to make the final cheese. Asked if the kefir cheese was still edible and if she would try it, Fu was less enthusiastic.

Persons: ”, Fu Qiaomei, Xinjiang —, Yang Yimin, Fu, Ping Wanjing, Fu’s, they’re, ” Fu Organizations: Chinese Academy of Sciences, NBC News, University of Chinese Academy of Sciences, “ Locations: HONG KONG, China, Beijing, what’s, Xinjiang, East Asia, Xiaohe, Europe, Caucasus, Russia, Asia, Tibet

☆ Meta’s misinformation problem has local election officials struggling to get out the truth
▼ + stars: | 2024-09-26 | by ( Jonathan Vanian | Jonathan Vanian Is A Technology Reporter For Cnbc.Com | ) www.nbcnews.com time to read: +13 min

CNBC flagged posts with the false information to Meta. A company spokesperson said, “Meta has sent them to third-party fact-checkers for further review.”Across the U.S., with 40 days until the Nov. 5 election, state and local officials say they are puzzled by what to expect from Facebook. In 2016, Facebook was hammered by Russian operatives, pushing out false posts about Hillary Clinton to bolster Trump. Given Maricopa County’s high profile during the election season, the state often attracts attention from Facebook users across the country. During a Senate hearing last week on election threats, Meta’s head of global affairs, Nick Clegg, fielded questions about the company’s election preparedness.

Persons: Derek Bowens, Bowens, ” Bowens, “ Meta, Donald Trump, Hillary Clinton, Meta, Elon Musk, Kamala Harris, Taylor Kinnerup, Kinnerup, ”, “, ” Kinnerup, she’d, Meta’s, Nick Clegg, Sen, Susan Collins, Collins, ” Clegg, Scott McDonell, it’s, McDonell, ” McDonell, Jeramy Gray, Meta “, Gray, ” Gray, we’ve Organizations: Facebook, USA, North Carolina State Board, CNBC, Meta, Republican, Russian, Trump, Pew Research Center, Elon, Associated Press, Reuters, Democratic, Maricopa, ” Intelligence, Homeland Security, FBI Locations: Durham County , North Carolina, N.C, ”, North Carolina , Mississippi, New Jersey, Springfield , Ohio, U.S, Canada, Maricopa County, North Carolina , Arizona, Arizona, Maine, China, Dane County, Wisconsin, Los Angeles County, North Carolina’s Durham County

Though government officials criticized the paper’s reporting, that year it was rated among the city’s most credible news outlets by Hong Kong residents, according to a survey by researchers at the Chinese University of Hong Kong. We are targeting national security offenses,” Steve Li, chief superintendent of the national security police, said at the time. Earlier this month, the Hong Kong Journalists Association, a local press group, said dozens of Hong Kong journalists had been targeted by a “systemic” online and offline harassment and intimidation campaign that was the largest in scale the group had ever seen. There have also been rising reports of non-local journalists being denied work visas or entry to Hong Kong, an international media hub. Hong Kong ranked 135th out of 180 countries and territories in Reporters Without Borders’ 2024 World Press Freedom Index, compared with 70th in 2018.

Persons: Chung Pui, Patrick Lam, Hong, ”, Chung, Lam, Edmond So, Hong Kong’s, Steve Li, “, ” Chung, shirk, Selina Cheng, John Lee, Aleksandra Bielakowska Organizations: European Union, Hong, Stand, China Morning Post, Reuters, Chinese University of Hong, police, Hong Kong Journalists Association, Hong Kong, China’s Foreign Ministry Locations: Hong Kong, U.S, British, Asia, Beijing, Chinese University of Hong Kong, Taiwan

☆ Hong Kong gets two more giant pandas as Finland says it can’t afford its own bears
▼ + stars: | 2024-09-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

HONG KONG — Pandas An An and Ke Ke, a gift from Beijing to Hong Kong, arrived in the Chinese territory on Thursday to much fanfare, two days after Finland said it would return its own pair over mounting debts. Hong Kong officials welcomed the giant pandas at the city’s international airport with a red carpet on the tarmac and panda toys. The Sichuan-born male and female will increase the total number of pandas to six, the highest ever in the financial hub. Hong Kong leader John Lee said the pandas would soon receive new names through a public contest organized by the government. An An and Ke Ke’s arrival comes just after resident giant panda Ying Ying gave birth to twin cubs ahead of her 19th birthday.

Persons: Ke Ke, John Lee, Ying Ying, Xi Jinping, Jin Baobao, Roni Rekomaa, Ahtari, Risto Sivonen, Sivonen, ” Sivonen Organizations: HONG KONG —, Workers, Reuters, Nordic, Getty, Ahtari Zoo, Embassy Locations: HONG KONG, Beijing, Hong Kong, Finland, Sichuan, Guangdong Province, An, China, People’s Republic of China, Ahtari, AFP, Helsinki

☆ Biden meets Vietnam leader to counter Hanoi’s ties with China and Russia
▼ + stars: | 2024-09-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

NEW YORK — President Joe Biden met with Vietnamese President To Lam for talks on Wednesday, aiming to deepen relations with the Southeast Asian country and manufacturing hub and counter its ties with China and Russia. Biden and Lam, the ruling Communist Party chief making his first visit to the U.S. as president, met on the sidelines of the United Nations General Assembly in New York. On meeting Biden on Wednesday, Lam hailed what he called Biden’s historic contribution to elevating bilateral relations. The Vietnam News Agency reported Lam told Biden that Vietnam was on the brink of a new era of development, and that it was a friend and reliable partner. “Vietnam will continue to firmly implement its foreign policy of independence, self-reliance, multilateralism and diversification,” Lam told Biden, the state media agency reported.

Persons: Joe Biden, Lam, Biden, ” Lam, Michelle Steel, “, ”, Alexander Vuving, Vladimir Putin, Murray Hiebert Organizations: YORK, Communist Party, United Nations General Assembly, U.S, cybersecurity, Vietnam News Agency, Meta, U.S . Rep, California Republican, Lam’s, NME, Hanoi, Inouye, Pacific Center for Security Studies, General, Washington, Southeast Asia, Washington’s Center, Strategic, International Studies Locations: China, Russia, New York, Vietnam, Hanoi, California, ”, United States, Hawaii, Inouye Asia, U.S, Asia, Cuba

☆ Oil prices little changed as U.S. stockpile drop offsets global demand woes
▼ + stars: | 2024-09-26 | by ( ) www.cnbc.com time to read: +2 min

Oil prices were little changed on Thursday after falling in the previous session as signs of higher fuel demand and falling stockpiles in the U.S., the world's biggest oil user, offset concerns over demand elsewhere, particularly in China. Oil prices were little changed on Thursday after falling in the previous session as signs of higher fuel demand and falling stockpiles in the U.S., the world's biggest oil user, offset concerns over demand elsewhere, particularly in China. Oil prices slumped over 2% on Wednesday as worries over supply disruptions in Libya eased and demand concerns continued despite China's latest stimulus plans. Oil prices initially rose following the stimulus announcement from the world's biggest oil importer. "Any revival in Libyan production would return to a market that is already beset by concerns of weak demand in the U.S. and China," ANZ Research said.

Organizations: Brent, U.S, West Texas, ANZ Research, Energy Information Administration Locations: U.S, China, Libya, United States

☆ A new first-in-class Chinese attack submarine sank at a Wuhan shipyard in a pier-side accident
▼ + stars: | 2024-09-26 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

One of China's newest attack submarines sank at a shipyard in Wuhan. China's shipbuilding industry is massive and at the core of its naval modernization efforts. AdvertisementOne of China's newest nuclear-powered attack submarines sank in a Wuhan shipyard, a US official told Business Insider, confirming earlier reporting. Costfoto/NurPhoto via Getty ImagesThe submarine's sinking comes as China's shipbuilding industry continues to fuel its naval modernization plans. The Pentagon has long identified China's shipbuilding industry as key to its naval buildup, which is occurring at a rapid pace.

Persons: —, Planet Labs PBC Thomas Shugart, uWFjFFblrZ, Tom Shugart Organizations: Service, Business, Zhou, Wall Street, Planet Labs, Planet Labs PBC Thomas, Center, New, New American Security, People's Liberation Army, PLA Navy, Getty, Pentagon Locations: Wuhan, Wuchang, China, New American, Beijing

☆ BofA Securities: Iron ore prices to drop next year as oversupply continues
▼ + stars: | 2024-09-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBofA Securities: Iron ore prices to drop next year as oversupply continuesMatty Zhao of BofA Securities expects the impact of stimulus on China's property sector will be short-lived, and that steel demand will decline again, leading to iron ore prices dropping to $90 in 2025.

Persons: oversupply, Matty Zhao Organizations: BofA Securities, Securities

☆ Emerging markets expert David Riedel suggests caution on China's market bounce
▼ + stars: | 2024-09-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEmerging markets expert David Riedel suggests caution on China's market bounceDavid Riedel, Riedel Research, joins 'Fast Money' to talk investing in China, tensions in the South China Sea, and more.

Persons: David Riedel, Riedel Organizations: Riedel Research Locations: China, South China

☆ Stock market today: Indexes rally on China stimulus, promising labor-market data
▼ + stars: | 2024-09-26 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Indexes rallied Thursday on positive jobs data and promises of further economic stimulus in China. AdvertisementUS stocks rallied on Thursday, fueled by China stimulus measures and positive jobs data to pare losses from yesterday. The indexes rallied after leaders in China pledged to support the economy with more strong policy measures. The indexes' gains were also fueled by positive labor market data. Meanwhile, second-quarter GDP came in unrevised at a 3% annualized rate, according to data released Thursday.

Persons: —, Eric Jackson, SocGen Organizations: Service, Labor Department, Federal Reserve Locations: China, unrevised

☆ China's surprise stimulus could be a red flag, so investors should approach the nation's long-awaited rally with caution
▼ + stars: | 2024-09-26 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

AdvertisementLorraine Tan, Morningstar's director of equity research for Asia, also thinks monetary stimulus won't be sufficient. History says their skepticism is warranted, as China's past stimulus efforts have often failed to lead to sustainable gains. Even if this surge holds up, it won't necessarily spark a self-fulfilling prophecy that provides a lasting boost for China's economy. But others like Tan from Morningstar believe this bad news is reflected in Chinese stocks' cheap valuations. The team at UBS Global Wealth Management is also cautiously optimistic about Chinese stocks after this news.

Persons: —, they're, Betty Wang, Marcelli, Lorraine Tan, Tan, Brian Mulberry, Mulberry, Wang, China isn't, Jeff Kleintop, Charles Schwab, Donald Trump, Rory Green, Xi Jinping, Biden, Trump, That's, Kleintop, Morningstar, she'd Organizations: Service, Business, People's Bank of, Oxford Economics, UBS Global Wealth Management, Zacks Investment Management, Federal Reserve, BI Locations: China, People's Bank of China, Asia, Central, Republic

☆ Here are Thursday's biggest analyst calls: Nvidia, Apple, Micron, Nike, Meta, Microsoft, First Solar, Tesla & more
▼ + stars: | 2024-09-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

For long term investors we continue to believe they have the best enterprise AI platform and retain our 18-month $500 price target." Truist initiates First Solar as buy Truist said the solar company has a wide moat. " Deutsche Bank reiterates Tesla as buy The firm said it's sticking with its buy rating heading into the company's delivery report in October. UBS reiterates Micron as buy UBS said it's sticking with the stock following earnings on Wednesday. "We are taking the opportunity to reaffirm our positive view on DKNG and up our year-end 2025 price target to $54."

Persons: Goldman Sachs, Goldman, Morgan Stanley downgrades, Morgan Stanley, Oppenheimer, Truist, Tesla, Jefferies downgrades Hershey, Jefferies, it's, Orion, Bernstein, NYCB, Morgan Stanley downgrades Sonos, there's, JPMorgan, Ralph Lauren Organizations: UBS, GE Healthcare, Entertainment, Tencent, Microsoft, Inc, Deutsche Bank, Hershey, Susquehanna, Nvidia, NVIDIA, Nike, Deutsche, Apple, Barclays, Community Bank, Micron, MU, " Bank of America, Meta, Bank of America, SONO, UW, GE Vernova, GE, RL Locations: China

☆ Not just China, Trump 2.0 could spell trouble for U.S. allies as he doubles down on tariff talk
▼ + stars: | 2024-09-26 | by ( Dylan Butts | ) www.cnbc.com time to read: +4 min

Trump has said he would consider new tariffs on imports from the country at rates of 60% or higher. watch nowU.S. allies could become a key target of Trump's "America First" policy that is increasingly grouping European and Asian partners alongside rival China. "We have been treated so badly, mostly by allies ... our allies treat us actually worse than our so-called enemies," Trump said at a rally in Wisconsin earlier this month. Retaliation by other U.S. trade partners — whether that be via reciprocal, retaliatory tariffs, or other non-tariff measures — is a potential consequence of all of this," Marro said. Economist Stephen Roach also told CNBC that Trump's tariffs would hurt America's trade partners while only increasing the costs of goods for American consumers and manufacturers.

Persons: Donald Trump, Brandon Bell, Trump, We're, Nick Marro, William Pesek, CNBC's, Marro, Stephen Weymouth, Stephen Roach, William Reinsch, Scholl Organizations: Johnny Mercer Theatre, Getty, Republican, China, Global Trade, Economist Intelligence, Trump Presidency, Georgetown University, CNBC, Business, Center for Strategic, International Studies Locations: Savannah , Georgia, China, Pennsylvania, Korea, North Carolina, Germany, Georgia, German, American, Wisconsin, Taiwan, U.S, Japan

☆ China’s newest nuclear-powered submarine sank earlier this year, US official says
▼ + stars: | 2024-09-26 | by ( Oren Liebermann | Paul P. Murphy | ) edition.cnn.com time to read: +3 min

CNN —China’s newest nuclear-powered submarine sank pierside in the spring and the Chinese Navy tried to conceal the loss, according to two US defense officials. The attack submarine was the first of its new Zhou-class line of vessels, the official said, under construction at a shipyard near the city of Wuhan. “It’s not surprising that the PLA Navy would try to conceal the fact that their new first-in-class nuclear-powered attack submarine sank pierside,” said the senior US defense official. According to the latest China military power report from 2023, the PLA Navy operates six nuclear-powered ballistic missile submarines, six nuclear-powered attack submarines, and 48 diesel-powered attack submarines. The PLA Navy has 370 platforms, which includes 234 warships, according to CRS, while the US has 219 warships.

Persons: The Zhou, Zhou, It’s, ”, Tom Shugart, “ I’ve, ” Shugart, Shugart Organizations: CNN, Chinese Navy, Maxar Technologies, PLA Navy, Center, New, New American Security, People’s Liberation Army, PLA ) Navy, US Navy, Street Journal, Congressional Research Service, Navy, CRS Locations: Wuhan, The, New American, Beijing, United States, China, Washington ,

☆ Stocks making the biggest moves midday: Micron Technology, Super Micro Computer, Southwest Airlines and more
▼ + stars: | 2024-09-26 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Southwest Airlines — The airline jumped 11% after it raised its third-quarter revenue forecast and authorized $2.5 billion in share buybacks. Starbucks — The coffee chain rose nearly 2% after Bernstein upgraded shares to outperform , citing confidence in the company's new CEO . CarMax — The used car retailer jumped nearly 6% after topping sales estimates for the fiscal second quarter. New York Community Bank — Shares of the regional lender jumped nearly 8% after Barclays upgraded the stock to overweight from equal weight. Accenture — The professional services stock rose nearly 5% on better-than-expected fiscal fourth quarter results.

Persons: Bernstein, Jabil, Goldman Sachs, Goldman, Morgan Stanley, Erik Woodring, —, Jesse Pound, Yun Li, Alex Harring, Pia Singh, Hakyung Kim Organizations: Micron Technology, Applied Materials, ASML, Lam Research, Wall Street Journal, Justice Department, Southwest Airlines —, Elliott Investment Management, Starbucks, NRG Energy, GE Healthcare —, UBS, Jefferies, New York Community Bank, Barclays, Bilibili, Accenture Locations: China, Bilibili —

☆ Fisher Investments discusses China's stimulus plan
▼ + stars: | 2024-09-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFisher Investments discusses China's stimulus planAaron Anderson, senior vice president of research at Fisher Investments, discusses the outlook for the Chinese economy.

Persons: Aaron Anderson Organizations: Fisher Investments

☆ China's Xi and top leaders call for halting real estate decline, responding to public concerns
▼ + stars: | 2024-09-26 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Authorities "must work to halt the real estate market decline and spur a stable recovery," the readout said in Chinese, translated by CNBC. The readout said leaders called for strengthening fiscal and monetary policy support, and touched on a swath of issues from employment to the aging population. Just days after the U.S. cut interest rates, the People's Bank of China on Tuesday announced a slew of planned interest rate cuts and real estate support. This real estate policy is aiming at reducing its drag on the economy." Tempering growth expectationsThe meeting readout said China would "work hard to complete" the country's full-year economic targets.

Persons: Xi Jinping, Zhiwei Zhang, Stocks, Goldman Sachs, Yue Su, Zong Liang, Zong, Bruce Pang Organizations: Getty, CNBC, Communist Party, People's Bank of China, Economist Intelligence Unit, Bank of Locations: Yuexi County, Anqing, Anhui province, China, BEIJING, Hong Kong, U.S, Beijing, JLL

☆ A china stock poised for a breakout amid this stimulus rally, according to the charts
▼ + stars: | 2024-09-26 | by ( ) www.cnbc.com time to read: +4 min

The Chinese central bank unrolled the most significant stimulus program since the COVID-19 pandemic and Chinese equities are starting to show signs that the long history of underperformance relative to western equities could possibly be on borrowed time. The name that has already demonstrated leadership that we want to focus on should this move into Chinese names continues is Tencent Holdings (TCEHY) . Before we get further into the company specifics it's important to reiterate that Chinese equities have under-performed U.S. equities since 2007. The goal of the program according to Chinese officials is to return the economy to a 5% growth rate. Turning to the focus company Tencent Holdings (TCHEY) is a multinational technology conglomerate listed on the Hong Kong exchange since 2004.

Persons: TCHEY, Todd Gordon, Gordon Organizations: Tencent Holdings, People's Bank of China, Hong, Inside Edge, CNBC, NBC UNIVERSAL Locations: China, Hong Kong

☆ Watch CNBC’s full interview with Bernstein's Danilo Gargiulo
▼ + stars: | 2024-09-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Bernstein's Danilo GargiuloDanilo Gargiulo, senior research analyst at Bernstein, joins CNBC's 'The Exchange' to discuss why the firm upgraded Starbucks, how the coffee chain should navigate China, and more.

Persons: Bernstein's Danilo Gargiulo Danilo Gargiulo, Bernstein Locations: China

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