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BP shares jump as activist investor Elliott discloses 5% stake build
BP shares jumped on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major.
Tesla's Optimus humanoid robots hit by China's rare earth restrictions, says Musk
China had earlier imposed new export controls on seven rare earth elements and magnets used in everything from defense to energy to automotive technologies.
https://www.cnbc.com/2025/04/23/teslas-optimus-hit-by-chinas-rare-earth-restrictions-says-musk.html
Software giant SAP’s shares surge 9.3% after first-quarter profit beat
SAP announced Wednesday that its first-quarter operating profit had risen by 58% year-on-year to hit 2.5 billion euros ($2.9 billion).
European stocks head for higher open as global market sentiment rebounds
European markets are expected to open higher on Wednesday as global market sentiment rebounds.
https://www.cnbc.com/2025/04/23/european-markets-live-updates-stocks-news-data-and-earnings.html
Singapore inflation stays at 4-year lows as city-state prepares for election
Headline inflation rate was unchanged from last month at 0.9%, while core inflation fell to 0.5% from 0.6%.
More travelers are using ‘buy now, pay later’ plans to pay for trips. Here's when it may make sense
The BNPL model — which allows buyers to pay in installments, sometimes with no interest or late fees — is gaining traction among young, cash-strapped travelers.
IMF cuts 2025 growth forecast for major Asian economies, warns of global slowdown on trade worries
On a global basis, growth was lowered from 3.3% to 2.8% for the whole of 2025, with the IMF saying that tariffs were "a major negative shock to growth."
https://www.cnbc.com/2025/04/23/imf-cuts-2025-growth-forecast-for-major-asian-economies.html
Tesla is ‘carefully’ working on its India entry amid tariff concerns, says CFO
Tesla is cautiously navigating an entry into India, CFO Vaibhav Taneja said in an earnings call, as the EV maker faces falling sales and tariff threats.
Asia markets set to track Wall Street gains on hopes of de-escalation in U.S.-China tensions
U.S. President Donald Trump indicated that final tariffs on Chinese exports to the U.S. "won’t be anywhere near as high as 145%."
https://www.cnbc.com/2025/04/23/asia-stocks-live-updates.html
Dow futures jump 500 points after Trump says he doesn’t plan to get rid of Fed chief: Live updates
The 30-stock Dow jumped more than 1,100 points at its peak on Tuesday.
https://www.cnbc.com/2025/04/22/stock-market-today-live-updates.html
Auto groups lobby Trump administration against parts tariffs in rare unified message
The group – representing franchised dealers, suppliers and nearly all major automakers – say the upcoming levies could jeopardize U.S. automotive production.
https://www.cnbc.com/2025/04/22/auto-groups-lobby-trump-administration-against-parts-tariffs.html
Trump says he has 'no intention' of firing Fed Chair Powell
Powell, whom Trump appointed Fed chair during his first term as president, has flatly stated that the president cannot remove him under the law.
https://www.cnbc.com/2025/04/22/trump-says-he-has-no-intention-of-firing-fed-chair-powell.html
Tesla earnings are out – here are the numbers
Tesla's first-quarter earnings report lands as investors reckon with a steep slide in the company's stock price.
https://www.cnbc.com/2025/04/22/tesla-tsla-earnings-report-q1-2025.html
JPMorgan cautions most investors won't have the stomach to handle CoreWeave's volatility
The high degree of unpredictability for artificial intelligence cloud company CoreWeave won't be tolerated by many on Wall Street, according to JPMorgan.
This ultimate global safe haven benefiting from the dollar’s downfall is up 11% this year
'Capital preservation is the name of the global investment game right now,' DataTrek's co-founder said.
Bessent says he expects 'de-escalation' in U.S.-China tariff fight in the 'very near future'
Stocks, already recovering from the prior day's sell off, soared higher on news of the remarks from Trump Treasury Secretary Scott Bessent.
https://www.cnbc.com/2025/04/22/bessent-trump-tariffs-china-deescalate.html
About half of Americans have a negative view on Tesla and Elon Musk, CNBC survey finds
The broad public and investors have something in common these days: They don't have a lot of love for either Tesla or CEO Elon Musk.
U.S.' inability to replace rare earths supply from China poses a threat to its defense, warns CSIS
As China imposes rare earths export controls, the U.S. is unable to make up the shortfall, according to the Center for Strategic and International Studies.
Japanese yen and Swiss franc top hedges against Trump tariffs, according to analysts
Investors are flocking to safe haven assets, with some investors looking at the Japanese yen, gold, bonds and "exotic" assets.
Thailand prime minister survives no-confidence vote in parliament
The prime minister won the backing of 319 of 488 lawmakers present, according to Reuters.