A balcony above a trading floor inside the Euronext NV stock exchange in Paris on March 13, 2023.Nathan Laine | Bloomberg | Getty ImagesSeveral U.S.-listed funds tracking global stocks pulled back in Wednesday's session as investors considered Donald Trump's victory harmful to international equities.Closely followed exchange-traded funds from iShares tracking...
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Trump win and threat of more tariffs raises expectations for more China stimulus
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019.Aly Song | ReutersBEIJING โ Donald Trump's 2024 presidential win has raised the bar for China's fiscal stimulus plans, expected Friday.On the campaign trial, Trump threatened to...
BlackRock launches ETF that expands beyond the ‘Magnificent Seven’
BlackRock's iShares is trying to appeal to investors who want to diversify beyond from the so-called Magnificent Seven.The firm launched the iShares Top 20 U.S. Stocks ETF (TOPT) this month. It doesn't just hold the Magnificent Seven โ Apple, Amazon, Meta, Alphabet, Microsoft, Nvidia and Tesla. It's made up of...
Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter
Brian Niccol speaking on CNBC's "Squawk Box" on Oct. 30, 2018.Anjali Sundaram | CNBCStarbucks on Wednesday reported quarterly earnings and revenue that missed analysts' expectations as sales in the U.S. and China, its two biggest markets, disappointed.The company previously released a preliminary report of its quarterly results on Oct. 22...
Cruise lines are having a moment as a popular โ and cheaper โ alternative to hotels
Royal Caribbean's "Icon of the Seas," billed as the world's largest cruise ship, sails from the Port of Miami in Miami, Florida, on its maiden cruise, on Jan. 27, 2024.Marco Bello | Afp | Getty ImagesThe demand for cruises is still going strong โ and it doesn't appear to be...