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☆ CNBC Daily Open: Expectations can be an irrational thing. Just look at Nvidia
▼ + stars: | 2024-11-22 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets digest Nvidia earningsU.S. markets rose on Thursday after digesting Nvidia's earnings release. "If someone bought or if the Bluesky company went down, everything is open source." [PRO] Focus on Nvidia's BlackwellDespite Nvidia's revenue growth rising at a slower pace each subsequent quarter, analysts are still optimistic on the stock.

Persons: Donald Trump, Michael Novogratz, Trump's, Trump, Bluesky, Jay Graber, Nvidia's Blackwell, Blackwell, Colette Kress Organizations: CNBC, U.S . Department of Justice, Google, Chrome, JD Sports, Galaxy Digital, U.S . Federal Reserve, Elon, Nvidia Locations: British

☆ CNBC Daily Open: Expectations can move shares in strange ways — just look at Nvidia
▼ + stars: | 2024-11-22 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets digest Nvidia earningsU.S. markets rose on Thursday after digesting Nvidia's earnings release. [PRO] Stimulus boosting Chinese marketsChinese markets are "turning a corner" after the Beijing unleashed several stimulus measures to boost the economy, said HSBC . "The market has so far reacted positively to these initiatives,' analysts from HSBC wrote in a Nov. 19 note, in which they picked two Chinese stocks to hold for 2025.

Persons: Hong, Aftereffects, Gautam Adani, CNBC's Ganesh Rao Organizations: CNBC, U.S . Department of Justice, Google, Chrome, Nikkei, Bank of Japan, Reuters, Adani, Motors, Germany's Volkswagen, Nissan, HSBC Locations: Asia, Pacific, Japan, U.S, India, China, Beijing

☆ CNBC Daily Open: Could Nvidia’s greatest obstacle be itself?
▼ + stars: | 2024-11-21 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Ann Wang | ReutersThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Even though Nvidia's third-quarter revenue soared 94% on an annual basis, it's a slower pace than Nvidia's growth in the previous three quarters, when sales rose 122%, 262%, and 265%, respectively, as CNBC's Kif Leswing notes. The same goes for Nvidia's forward guidance: A growth of around 70% for current-quarter sales, compared with a year earlier. It appears that investors have enjoyed Nvidia's astounding performance for so long they've become desensitized to it.

Persons: Jensen Huang, Ann Wang, LSEG, University's, Leswing, Samantha Subin, Brian Evans Organizations: NVIDIA Blackwell, Reuters, CNBC, Nvidia, Investors, University's Stern School of Business Locations: Taipei, Taiwan, New

☆ CNBC Daily Open: Is Nvidia its own worst enemy?
▼ + stars: | 2024-11-21 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Akio Kon | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Investors are likely zooming in on the rate at which Nvidia is growing its numbers, compared with its past performance, not just whether it's surpassing expectations. The same goes for Nvidia's forward guidance: A growth of around 70% for current-quarter sales, compared with a year earlier. It appears that investors have enjoyed Nvidia's astounding performance for so long they've become desensitized to it.

Persons: Jensen Huang, Akio Kon, LSEG, University's, Leswing, Samantha Subin, Brian Evans Organizations: Nvidia Corp, Nvidia, Summit Japan, Bloomberg, Getty, CNBC, Investors, University's Stern School of Business Locations: Tokyo, Japan, New

☆ CNBC Daily Open: Investors prioritize Nvidia’s earnings over geopolitical risks
▼ + stars: | 2024-11-20 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

In this article BRBY-GB.N225SMCI.SPXNVDA.IXIC.DJI Follow your favorite stocks CREATE FREE ACCOUNTChip company Nvidia's headquarters in Silicon Valley in February 2024. Andrej Sokolow | Picture Alliance | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. I clearly expect to see some kind of immediate reaction, knee-jerk reaction," Tiffany McGhee, CEO and CIO of Pivotal Advisors, told CNBC. Considering Nvidia's performance over the past two years, however, it's hard to think of any other asset that will give investors the same sense of safety.

Persons: SPX, Andrej Sokolow, Tiffany McGhee, Stocks, McGhee, Gonzalo Asis, Blackwell, Jensen Huang, bubbled, Iordache, Katrina Bishop, Brian Evans, Samantha Subin, Pia Singh Organizations: Getty, CNBC, Nasdaq, Dow Jones, Reserve, Bank of America Securities Locations: Silicon Valley, Russia, Ukraine

☆ CNBC Daily Open: Anticipation over Nvidia’s earnings overshadows geopolitical risks
▼ + stars: | 2024-11-20 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Russia warns of nuclear responseUkraine "struck a facility in [the] Bryansk region" of Russia using six U.S.-made missiles, said Russia's Ministry of Defense. On Tuesday, Russian President Vladimir Putin updated the country's nuclear doctrine, expanding the circumstances that would warrant a response using nuclear weapons. Markets recovered from jittersU.S. markets mostly closed higher on Tuesday after dipping in response to news of heightened geopolitical tensions.

Persons: Vladimir Putin, Cristiano Amon's, Atomico, Goldman Sachs, David Kostin Organizations: CNBC, Ministry of Defense, Micro Computer, Eurostat, Qualcomm Qualcomm, Qualcomm, Venture Locations: Russia, Ukraine, Bryansk, jitters U.S, New, Europe, Tuesday's, U.S

☆ CNBC Daily Open: Tesla helps the Nasdaq snap its losing streak
▼ + stars: | 2024-11-19 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Individual stocks sway indexesOn Monday, the S&P 500 rose 0.4% and the Nadaq Composite added 0.6%, mostly spurred higher by Tesla . Shares of Goldman Sachs and Salesforce fell, causing the Dow Jones Industrial Average to drop 0.1%. Autonomous vehicles on the agendaTesla shares jumped 5.6% after it was reported that President-elect Donald Trump's incoming administration plans to draw up a federal framework that will regulate self-driving vehicles.

Persons: Goldman Sachs, Salesforce, Donald, Howard Marks, Goldman Organizations: CNBC, Tesla, Dow Jones, China's CSI, Nasdaq, BDO, Vice, JPMorgan, UBS Locations: Asia, Pacific, Hong Kong, China China, China

☆ CNBC Daily Open: Tesla makes up for Nvidia’s dip
▼ + stars: | 2024-11-19 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Individual stocks sway indexesOn Monday, the S&P 500 rose 0.4% and the Nadaq Composite added 0.6%, mostly spurred higher by Tesla . 'Europe-first' approachEuropean countries should adopt a "Europe-first" approach to technology, especially in response to Trump's protectionist inclinations, tech CEOs told CNBC. But investors should still be wary of certain headwinds, warned the bank's Chief U.S. Equity Strategist Mike Wilson.

Persons: Goldman Sachs, Salesforce, Donald, Andy Yen, Morgan Stanley, Mike Wilson Organizations: CNBC, Tesla, Dow Jones, Nasdaq, BDO, Proton, Chief U.S, Equity Locations: Europe

☆ CNBC Daily Open: From postelection rally to preelection levels
▼ + stars: | 2024-11-18 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Spencer Platt | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Last Monday, the S&P closed above 6,000 and the Dow finished the day above 44,000 for the first time. The so-called "Trump trade" — shares of banks, small-cap companies and energy, for example — were behind much of the indexes' gains. It was only the start of the week, but little did we know we were beginning at the peak.

Persons: SPX, Spencer Platt, Dow, Trump, Robert F, Kennedy Jr, Trump's, Kristy Akullian, Akullian, —, Jeff Cox, Brian Evans, Alex Harring Organizations: New York Stock Exchange, Getty, CNBC, Dow, Trump, Nasdaq, U.S . Department of Health, Human Services, BlackRock Locations: New York City, satiation, surfeit, Americas, BlackRock

☆ CNBC Daily Open: It’s not unexpected markets are back to preelection levels
▼ + stars: | 2024-11-18 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Source: NYSEThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Last Monday, the S&P closed above 6,000 and the Dow finished the day above 44,000 for the first time. When markets closed on Friday, the S&P lost 2.1% and the Dow had fallen 1.2% for the week — both ending the week below their milestones. Those were the worries weighing on markets last week, which brought the S&P back to its level in mid-October, noted CNBC's Michael Santoli.

Persons: Dow, Trump, Robert F, Kennedy Jr, Trump's, Michael Santoli, Kristy Akullian, Akullian, —, Brian Evans, Alex Harring Organizations: HK, New York Stock Exchange, CNBC, Dow, Trump, Nasdaq, U.S . Department of Health, Human Services, BlackRock Locations: satiation, surfeit, Americas, BlackRock

☆ CNBC Daily Open: Powell’s comments gave investors a reality check
▼ + stars: | 2024-11-15 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Breaking from Wall Street, Asia-Pacific stocks mostly rose on Friday. On a quarterly basis, GDP rose 0.2%, in line with estimates from a Reuters poll, but that's lower than the second quarter's 0.5% increase. China retail sales pick back upChina's retail sales in October rose 4.8% year on year, reported the National Bureau of Statistics.

Persons: Jerome Powell, Powell Organizations: US Federal Reserve, Music, Fair, CNBC, Trump, Nikkei, CSI, U.S . Federal, National Bureau of Statistics, Nvidia, Citi Locations: Dallas , Texas, Street, Asia, Pacific, China

☆ CNBC Daily Open: Powell’s comments drag investors down to earth from postelection high
▼ + stars: | 2024-11-15 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Shelby Tauber | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineAfter enjoying the postelection rally, investors are turning their attention to issues like inflation and interest rates again. Powell added that the Fed doesn't need to be "in a hurry to lower rates" because the of "the strength we are currently seeing in the economy." For investors who were riding high on the postelection rally and are now descending to earth, their landing sure feels like a bumpy one.

Persons: Jerome Powell, Shelby Tauber, Powell, Rick Rieder, Rieder, —, Jeff Cox, Brian Evans, Sarah Min Organizations: US Federal Reserve, Fair, Bloomberg, Getty, CNBC, Consumer, Dow Jones, Nasdaq Locations: Dallas , Texas, U.S

☆ CNBC Daily Open: Best to stay prudent even in the postelection afterglow
▼ + stars: | 2024-11-12 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Source: NYSEThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineThe stock market is riding high on Trump's election victory. The postelection stock rally, however, is likely to stay strong for now. It's hard to go wrong following the age-old rules for investing in the stock market: Be in it for the long term, diversify and look at fundamentals like earnings and valuation.

Persons: HSI, it's, Morgan Stanley, Lisa Shalett, John Stoltzfus, Shalett, CNBC's Brian Evans, Alex Harring Organizations: New York Stock Exchange, CNBC, Dow Jones, Apple, Microsoft, Nasdaq, Dow, Republicans, Morgan, Morgan Stanley Wealth Management's, Oppenheimer Asset Management

☆ CNBC Daily Open: Better to stay prudent than bask in the postelection afterglow
▼ + stars: | 2024-11-12 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Separately, the estate of crypto exchange FTX sued Binance and its former CEO, Changpeng Zhao, over a "fraudulent" share deal. Some think the rally is getting ahead of itself, writes CNBC Pro's Fred Imbert. A Wall Street analyst pointed out that, according to history, one ostensibly bullish sign actually portends retreats in the near term.

Persons: FTX, Binance, Changpeng Zhao, Donald Trump, Jeremy Siegel, Siegel, Fred Imbert Organizations: CNBC, Dow Jones, NatWest, Metrics, Trust, Wharton School, University of Pennsylvania, Trump, U.S

☆ CNBC Daily Open: Trump kicked off the market rally, but he could also halt it
▼ + stars: | 2024-11-11 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Andrew Kelly | ReutersThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineWhen the numbers are this good, you've got to start with them. "Equities are eager to price in Trump's domestic growth policies," Barclays strategist Venu Krishna said in a note to clients. While the Trump rally has gotten off to a roaring good start, it remains to be seen when — and more importantly, how — it'll end.

Persons: Republican Donald Trump, Andrew Kelly, you've, Russell, Venu Krishna, Mislav Matejka, Neel Kashkari, Kashkari, — CNBC's Sean Conlon, Yun Li, Jesse Pound, Hakyung Kim Organizations: Republican, U.S, New York Stock Exchange, Reuters, CNBC, Dow Jones, Nasdaq, Trump, Barclays, JPMorgan, Minneapolis Locations: New York City, U.S

☆ CNBC Daily Open: Trump supercharged the markets, but his policies could make the rally sputter out
▼ + stars: | 2024-11-11 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Timothy A. Clary | Afp | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineWhen the numbers are this good, you've got to start with them. "Equities are eager to price in Trump's domestic growth policies," Barclays strategist Venu Krishna said in a note to clients. While the Trump rally has gotten off to a roaring good start, it remains to be seen when — and more importantly, how — it'll end.

Persons: Walter Lundon, Donald Trump, Timothy A, Clary, you've, Russell, Venu Krishna, Mislav Matejka, Neel Kashkari, Kashkari, — CNBC's Sean Conlon, Yun Li, Jesse Pound, Hakyung Kim Organizations: New York Stock Exchange, Getty, CNBC, Dow Jones, Nasdaq, Trump, Barclays, JPMorgan, Minneapolis Locations: New York City

☆ CNBC Daily Open: Powell emphasizes that elections won't sway Fed's policy
▼ + stars: | 2024-11-08 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Andrew Caballero-Reynolds | AFP | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Powell, in yesterday's press conference, maintained that "the election will have no effect on our policy decisions." According to the futures market, just 30.4% of traders think the Fed will cut rates again in January. "By December, we'll have more data, I guess one more employer report, two more inflation reports and lots of other data," Powell said.

Persons: Jerome Powell, William McChesney Martin Jr, Andrew Caballero, Reynolds, Jim Reid, Trump, Scott Helfstein, Powell, we'll, that's, —, Jeff Cox, Lisa Kailai Han, Hakyung Kim, Jesse Pound, Alex Harring Organizations: Federal Reserve, AFP, Getty, CNBC, Deutsche, Tech, Apple, Nvidia, Nasdaq, Dow Jones, Global, Congress, Fed Locations: Washington , DC

☆ CNBC Daily Open: Powell maintains that elections won't sway Fed's policy
▼ + stars: | 2024-11-08 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Kent Nishimura | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Powell, in yesterday's press conference, maintained that "the election will have no effect on our policy decisions." "By December, we'll have more data, I guess one more employer report, two more inflation reports and lots of other data," Powell said. — CNBC's Jeff Cox, Lisa Kailai Han, Hakyung Kim, Jesse Pound and Alex Harring contributed to this report.

Persons: Jerome Powell, Kent Nishimura, Jim Reid, Trump, Scott Helfstein, Powell, we'll, that's, —, Jeff Cox, Lisa Kailai Han, Hakyung Kim, Jesse Pound, Alex Harring Organizations: FTSE, Federal, CNBC, Deutsche, Tech, Apple, Nvidia, Nasdaq, Dow Jones, Global, Congress, Fed Locations: GDAXI, Washington, Washington , DC

☆ CNBC Daily Open: The Trump rally kicks off
▼ + stars: | 2024-11-07 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineDonald Trump's victory in the U.S. presidential elections is providing a tailwind to risk assets. The Trump rally, in short, has begun. To be sure, yesterday's frenzy could have been a relief rally as much as a Trump rally. For now, however, the Trump rally is lighting up the markets.

Persons: Donald Trump, Brian Snyder, Donald Trump's, Marc Pinto, Janus Henderson, Trump's, Tesla, Elon Musk, bitcoin, Trump, Angelo Kourkafas, Edward Jones, Yung, Yu Ma, Jesse Pound, Scott Schnipper, Alex Harring, Yun Li Organizations: Santander Arena, Reuters, CNBC, U.S, Janus, Janus Henderson Investors, Trump, Bank, General Motors, Ford, EV, Dow Jones, Nasdaq, BMO Wealth Management Locations: Reading , Pennsylvania, U.S

☆ CNBC Daily Open: The Trump rally begins
▼ + stars: | 2024-11-07 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. However, solar stocks tanked on fears that Trump would slash tax credits for solar energy. The Trump rally, in short, has begun. To be sure, yesterday's frenzy could have been a relief rally as much as a Trump rally. For now, however, the Trump rally is lighting up the markets.

Persons: Donald Trum, Russell, Trump's, Trump, Elon Musk, Donald Trump, Kamala Harris, Donald Trump's, Marc Pinto, Janus Henderson, Tesla, Edward Jones, Angelo Kourkafas, Yung, Yu Ma, Jesse Pound, Scott Schnipper, Alex Harring, Yun Li Organizations: Republican, Nevada GOP, CNBC, Democratic, NBC News, U.S, Janus, Janus Henderson Investors, Trump, Bank, General Motors, Ford, EV, Dow Jones, Nasdaq, BMO Wealth Management Locations: Florida, Nevada, Las Vegas , Nevada, U.S, United States

☆ CNBC Daily Open: Amid focus on elections, don’t take your eyes off markets
▼ + stars: | 2024-11-06 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. CNBC's election liveblogAs results for the U.S. presidential election start trickling in, CNBC is covering updates live. Markets rally as investors await resultsU.S. markets experienced a broad rally on Tuesday. Individual sectors' movements, however, are more sensitive to the sitting president because their policy often touches on specific parts of the economy.

Persons: Europe's, Hugo Boss, Stocks, It's, doesn't, Bob Pisani, Crypto's, Coinbase Organizations: CNBC, U.S, NBC Locations: Asia, China, U.S

☆ CNBC Daily Open: Amid focus on elections, don’t neglect market moves
▼ + stars: | 2024-11-06 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Eugene Tanner | AFP | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. It may be tempting to view market moves as a proxy for the direction that the elections will go. But UBS thinks any outsized market moves caused by election volatility is an opportunity for investors to build up their portfolios. The optimism around the economy and markets is shared by Ryan Detrick, chief market strategist at Carson Group.

Persons: Honolulu Hale, Eugene Tanner, Tesla, Elon Musk's, Donald Trump, Stocks, Nomura, Marcelli, Ryan Detrick, Detrick, Fred Imbert, Pia Singh, Jesse Pound, Samantha Subin Organizations: AFP, Getty, CNBC, Democratic, Republican Party, UBS, Americas, UBS Global, Carson Group, White Locations: Honolulu, Honolulu , Hawaii, U.S

☆ CNBC Daily Open: U.S. elections in spotlight as polls open
▼ + stars: | 2024-11-05 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

People vote at the San Francisco City Hall voting center on the final day of early voting ahead of Election Day, on November 4, 2024 in San Francisco, California. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. U.S. markets mostly gain after electionsHistorically, stocks have mostly risen after a presidential election, though there can be some short-term volatility. The three major U.S. benchmarks on average have almost always clocked gains between Election Day and year-end, going back to 1980, according to CNBC data.

Persons: Stocks, Tesla Organizations: San Francisco City Hall, CNBC, Dow Jones, Nasdaq, China's CSI, Apple, Starbucks, Nike, Adidas, U.S, Conference Board Locations: San Francisco , California, U.S, Asia, Pacific, China, Poor China

☆ CNBC Daily Open: For Big Tech, beating earnings expectations is not enough
▼ + stars: | 2024-11-01 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The 12-month inflation rate was 2.1%. The core inflation rate, which excludes food and energy prices, came in at 2.7%. Big Tech drags down marketsMajor U.S. indexes slumped on Thursday, weighed down heavily by losses in Big Tech shares.

Persons: Dow Jones, Europe's, Jesse Pound Organizations: CNBC, U.S . Commerce Department, Big Tech, U.S, Apple, Amazon, Boeing, Bank of America Locations: U.S, Cupertino

☆ CNBC Daily Open: Big Tech needs to go beyond beating earnings expectations
▼ + stars: | 2024-11-01 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Big Tech drags down marketsMajor U.S. indexes slumped on Thursday, weighed down heavily by losses in Big Tech shares. While the company's cloud division missed revenue expectations, it's growing faster than it had in the same period last year. CNBC Pro checked in with Teng again to find out how his picks have performed, and if he has changed his mind on the stocks he's betting on.

Persons: Kevin Teng, Teng Organizations: CNBC, Big Tech, U.S, Japan's Nikkei, CSI, Apple, Amazon, P Global, PMI, Boeing, Wrise Private Singapore Locations: Asia, Pacific, Cupertino, China

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