CNBC Pro Talks: Amazon, LVMH and more — fund manager will reveal the consumer stocks to buy right now
When trying to assess the growth prospects of companies, portfolio manager Jack Dwyer says the consumer is king.
Stocks asian news
Asian stocks fall as concern over Middle East spurs selling
TOKYO -- Japan's benchmark Nikkei Stock Average on Friday morning fell as much as 1,346.7 yen, or 3.5%, from the previous day's close as market players reacted to reports of Israel striking Iran with missiles.
Chip stocks face correction as TSMC cuts industry outlook
TOKYO -- Semiconductor stocks worldwide are retreating from their recent surge as investors scramble to lock in profits after Taiwan Semiconductor Manufacturing Co. lowered its outlook for chip market growth.
World’s largest sovereign wealth fund posts $110 billion in first-quarter profit as tech stocks surge
Norway's giant sovereign wealth fund on Thursday reported a first-quarter profit of 1.21 trillion kroner ($110 billion), supported by robust returns on its investments in technology stocks.
ASML earnings drag semiconductor stocks lower
Chip stocks fell on Wednesday after ASML, a key developer of semiconductor manufacturing equipment, said that bookings fell by 61% sequentially during the first quarter, a steeper drop than investors had expected. AMD's stock fell over nearly 6%, Nvidia shares fell over 3%, Intel shares fell under 2% and Qualcomm was off over 2%. But the biggest drop affected chip technology firm Arm, which was trading nearly 12% lower on Wednesday.
European stocks close higher despite Fed comments rattling global markets; LVMH shares up 3%
This is CNBC's live blog covering European markets.
Nvidia-led AI boom sends tech stocks soaring in Malaysia, Vietnam
SINGAPORE -- Southeast Asian AI-related stocks, especially those of companies collaborating with Nvidia, have soared on the back of increased demand from the spread of generative AI.
South Korea stocks see record foreign buying on appetite for chips
SEOUL -- South Korean stocks saw net purchases by foreign investors triple on the year in January through March to 15.8 trillion won ($11.6 billion), driven by an appetite for relatively cheap chip stocks amid the artificial intelligence boom.