Beating the U.S. but keeping control of tech

China’s race to develop smarter-than-human artificial intelligence may put it ahead of the U.S., but such ground-breaking technology could also risk lessening the stronghold that the ruling Communist Party has over the world’s second-largest economy. That’s the view of prominent AI scientist Max Tegmark, who told CNBC artificial general intelligence (AGI) is closer than we … Read more

Asian chip stocks mostly rise, shrugging off new U.S. semiconductor export curbs on China

A Chinese flag is displayed next to a “Made in China” sign seen on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. Florence Lo | Reuters Major Asian chip stocks outside of China rose Tuesday, shrugging off a new round of U.S. semiconductor export curbs on Beijing aimed … Read more

France’s National Rally and the budget: What happens next?

President of Rassemblement National parliamentary group Marine Le Pen (L) speaks to French far-right Rassemblement National (National Rally) RN party’s President and lead MEP Jordan Bardella during the French far-right Rassemblement National (National Rally) RN party’s parliamentary seminar at the French National Assembly in Paris on September 14, 2024.  Ludovic Marin | Afp | Getty … Read more

Wells Fargo sees this biotech stock rallying 75% in its bull case

The success of one of Kymera Therapeutics’ experimental treatments could mean more upside ahead for the stock, Wells Fargo found. Analyst Derek Archila upgraded shares to overweight from equal weight and upped his price target by $19 to $57, which implies more than 21% upside from Friday’s close. Shares have already significantly outperformed the broader … Read more

Ripple’s XRP surges towards $3 as investors anticipate crypto-friendly Congress: CNBC Crypto World

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email 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, Vance Spencer … Read more

Cramer calls Disney a great bargain after big ‘Moana 2’ Thanksgiving open

Disney just broke some more box office records — signaling a blockbuster comeback that could fuel the company’s revival and its stock price. The news Disney’s animated sequel “Moana 2” became the highest-grossing Thanksgiving weekend release of all time — raking in $225 million domestically from Wednesday to Sunday. That beat the $125 million Disney’s … Read more

Buy this Canadian dividend growth stock with a 5% yield: Scotiabank

One of Canada’s large financial holding companies appears to be an attractive dividend investment opportunity, according to Scotiabank analysts. Power Corporation of Canada , which oversees a portfolio of insurance and wealth management businesses, currently offers investors about 5% dividend yield with the potential for significant growth, according to the investment bank. “We think Power … Read more

Kai Cenat breaks Twitch subscriber record during 30-day livestream

Creator Kai Cenat broke the record for the highest subscriber count on Amazon’s Twitch during a nonstop live stream for the entire month of November. Cenat is a 22-year-old streamer who rose to popularity over the past two years with livestreams focused on comedy, gaming and pranks. He completed a so-called subathon on Saturday, streaming … Read more