At a time when investors are mixed on the U.S. market, one portfolio manager remains optimistic and sees reasons to stay invested. “We really like the U.S.,” Aneka Beneby, portfolio manager at Julius Baer International, told CNBC Pro last month. “Now that the [U.S.] election result is clear and behind us, we can reasonably assume … Read more
File photo of Todd McKinnon, chief executive officer of Okta Inc. Bloomberg | Bloomberg | Getty Images Shares of Okta popped more than 18% in extended trading Tuesday after the identity management company released third-quarter results that beat analysts’ estimates and offered rosy guidance. Here’s how the company did: Earnings per share: 67 cents adjusted … Read more
A newly received Korean K9 Thunder howitzer is pictured ahead a military exercise at the training range in Torun, February 23, 2023. Wojtek Radwanski | Afp | Getty Images South Korea is known for many things. K-pop, K-dramas and Korean food have made their way across the world. Now, a new facet from South Korea … Read more
Shares of Salesforce surged in extended trading Tuesday after the enterprise software giant reported better-than-expected quarterly revenue and issued a solid forecast for the current period. But most importantly, the company showed that Agentforce, its new AI platform, may kickstart revenue growth in the future. Revenue in the fiscal 2025 third quarter increased 8% year … Read more
A man holds the South Korea flag outside the National Assembly in Seoul on December 4, 2024, after President Yoon Suk Yeol declared emergency martial law. South Korea’s President Yoon Suk Yeol on December 3 declared emergency martial law, saying the step was necessary to protect the country from “communist forces” amid parliamentary wrangling over … Read more
Cans of Campbell’s Chicken Noodle Soup are seen in a supermarket in New York. Richard Levine | Corbis News | Getty Images Campbell’s fell short of market expectations for quarterly net sales on Tuesday and named insider Mick Beekhuizen as its new chief executive officer, as the company sharpens focus on a more diverse range … Read more
Sydney Harbour taking in the Harbour Bridge, Opera House and ferries at sunrise during the COVID-19 pandemic on April 20, 2020 in Sydney, Australia. James D. Morgan | Getty Images News | Getty Images Australia’s economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh … Read more
The French government is on the brink of collapse and investors are gearing up for a volatile week of trading, with some eyeing opportunities amid the chaos. The difference between French and German government bond yields has risen to 85 basis points in recent days — the highest in more than 10 years — as … Read more
CNBC’s Jim Cramer on Tuesday addressed the many unknowns regarding Donald Trump’s trade policies and wondered if the president-elect may be more amiable towards China than many think — perhaps in part because of his close relationship with Tesla CEO Elon Musk. “All I can tell you is with Elon Musk’s involvement in the new … Read more
Signage with logo at headquarters of Wells Fargo Capital Finance, the commercial banking division of Wells Fargo Bank, in the Financial District neighborhood of San Francisco, California, September 26, 2016. Smith Collection/Gado | Archive Photos | Getty Images Wells Fargo is exploring the sale of the San Francisco building where its headquarters are located, a source familiar … Read more