“These short-term sector rotations like we saw today – they’re irrelevant because they can’t last,” he said.
China’s reopening could boost Australia’s economy by 1%, JPMorgan says
Australia’s economy could be no small beneficiary of an end to China’s zero-Covid policy over the next two years, according to JPMorgan.
Pro Picks: Watch all of Monday’s big stock calls on CNBC
A recap of Monday’s best stock picks on CNBC.
Eli Lilly has spent years and billions of dollars in search of an effective Alzheimer’s drug. But success is not all or nothing for the stock
Eli Lilly’s latest Alzheimer’s drug may be next to receive FDA approval. But investors should know about some of the hurdles ahead.
As Brazil reels from riots, Bolsonaro finds home near Florida
Former Brazil leader Jair Bolsonaro has decamped to a gated community not far from Walt Disney World.
The Earth’s ozone layer is slowly recovering, UN report finds
The upper atmosphere ozone layer protects the Earth from harmful ultraviolet radiation, which is linked to skin cancer, eye cataracts and agricultural damage.
Damar Hamlin is released from the hospital after his cardiac arrest
Exactly one week ago, the Bills safety collapsed on the field in Cincinnati while millions watched the nationally televised game.
You can make 3 times the rewards on common purchases with a 5% cash-back card—but there’s a catch
A 5% cash-back card is a great asset for consumers looking to maximize rewards. Check out the bonus cash-back categories that allow you to earn up to 5% back each quarter.
Solana soars 22%, and court docs reveal DOJ seized FTX-linked Robinhood shares: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, George Kaloudis, a research analyst for CoinDesk, discusses the findings of a report highlighting crypto’s progress last year and how the FTX collapse impacted markets.
Used vehicle prices are falling but not enough to offset grossly inflated levels
Cox Automotive expects wholesale used vehicle prices to end the year down 4.3% from December 2022.