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India central bank cuts policy rate for the first time in nearly five years; pegs next year's GDP growth at 6.7%
Singapore's 10-fold rise in family offices is driving a philanthropic boom
Singapore has more than 2,000 single-family offices — up from 200 in 2019. Many are channeling their overseas charitable efforts through the city-state.
https://www.cnbc.com/2025/02/07/family-offices-in-singapore-are-pushing-charitable-giving.html
'Chilling effect': Here's what an Indonesian startup scandal means for the region struggling with fundraising
"This could have a chilling effect for, conservatively, 12 months, but probably longer," Justin Hall of Golden Gate Ventures says of the eFishery investigation.
DeepSeek has rattled large AI players — but smaller chip firms see it as a force multiplier
While the sector leaders grapple with the DeepSeek fallout, smaller AI companies see an opportunity to scale with the Chinese startup.
https://www.cnbc.com/2025/02/07/deepseek-force-multiplier-for-smaller-ai-chip-firms-.html
CNBC Daily Open: Global central banks are cutting rates — the Fed might not be as inclined
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which has to deal with volatile policies.
E.l.f. Beauty CEO explains softer sales trends in January
E.l.f. Beauty CEO Tarang Amin told CNBC's Jim Cramer why the company saw lighter business in January.
https://www.cnbc.com/2025/02/06/elf-beauty-ceo-explains-softer-sales-trends-in-january.html
Amazon fourth-quarter cloud revenue falls just shy of Wall Street estimates
All three of the top companies providing cloud-based computing and storage delivered less fourth-quarter revenue from this category than expected.
Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity’ in AI
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree on AI services.
Asia-Pacific markets set for mixed open as investors await India rate decision, U.S. jobs data
The Reserve Bank of India is set to conclude its policy meeting, where the central bank is expected to trim the repo rate by 25 basis points to 6.25%.
https://www.cnbc.com/2025/02/07/asia-markets-live-reserve-bank-of-india-decision-us-jobs-report.html
Japan's household spending massively beats expectations, boosting case for further BOJ hikes
The figure sharply beat Reuters expectations of a 0.2% rise
Stock futures inch lower as investors prepare for big payrolls report: Live updates
The S&P 500 and Nasdaq Composite posted three-day win streaks on Thursday.
https://www.cnbc.com/2025/02/06/stock-market-today-live-updates.html
Active ETFs have seen a surge in popularity — here's a list of the top 10 funds by assets
Assets under management of active ETFs surpassed $1 trillion for the first time in 2024, data from Morningstar showed.
https://www.cnbc.com/2025/02/07/top-10-active-etfs-by-aum.html
Doximity shares soar 21% after company beats on revenue, raises fiscal-year guidance
Doximity reported third-quarter fiscal 2025 results that beat analysts' expectations for revenue and guidance.
https://www.cnbc.com/2025/02/06/doximity-docs-q3-earnings-2025.html
Affirm shares pop more than 10% on revenue beat
Affirm beats on earnings and revenue in fiscal second quarter.
https://www.cnbc.com/2025/02/06/affirm-afrm-earnings-report-q2-2025.html
Amazon issues disappointing revenue forecast, points to weakest growth on record
Amazon beat on the top and bottom lines for the fourth quarter, but it gave weak guidance for the current period.
https://www.cnbc.com/2025/02/06/amazon-amzn-q4-earnings-report-2024.html
How Calvin Klein and Tommy Hilfiger got caught in Trump's trade war with China
The owner of Calvin Klein and Tommy Hilfger has been placed on China's unreliable entities list, which could force it to cease operations in the region.
https://www.cnbc.com/2025/02/06/calvin-klein-owner-pvh-blacklisted-in-china.html
Bank stocks pop after Fed releases 'easier' 2025 stress test, plans to make exam more predictable
The stress test changes bolster the case made by Wall Street analysts that U.S. banks will face a friendlier regulatory regime under the Trump administration.
https://www.cnbc.com/2025/02/06/bank-stocks-fed-stress-test.html
Alphabet’s postearnings drop could be the beginning of a downtrend, charts show
Earlier this week, shares of Alphabet were hitting yet another new all-time high, suggesting a renewed leadership role for this leading growth name.
L’Oreal sales slightly miss in fourth quarter as China weakness persists
French cosmetics giant L'Oreal on Thursday reported a lower than expected increase in fourth-quarter sales amid continued weakness in the Chinese beauty market.
https://www.cnbc.com/2025/02/06/loreal-oreppa-earnings-q4-full-year-fy24.html
CNBC's Inside India newsletter: Can a consumption boost save India's slowing economy?
The message from India's Budget 2025 was subtle, yet clear: the middle-income class has to spend more to boost corporate earnings and spur the economy.
https://www.cnbc.com/2025/02/06/can-a-boost-in-consumption-spur-indias-economy.html