The Watches of Switzerland Group lost a quarter of its value on Friday after luxury watchmaker Rolex announced a deal to buy watch retailer Bucherer.
Category: Finance News
Dubai luxury home prices soar by almost 50%, with Tokyo’s up 26%. Here’s where other cities stand
Taking second and third places were Tokyo, which saw an annual 26.2% rise, and Manila, which climbed 19.9%.
China’s EV slowdown drags down Nvidia’s ‘next billion-dollar business’
Chipmaker Nvidia this week soundly beat analysts’ expectations for major revenue lines — except in automotive — as Chinese demand for electric cars moderates.
Powell’s pivotal speech Friday could see a marked shift from what he’s done in the past
Many expect the central bank leader to change his stance so that he hits the ball pretty much down the middle.
Stocks making the biggest moves after hours: Affirm, Gap, Marvell and more
These are the stocks posting the largest moves in extended trading on Thursday.
Nvidia shares little changed despite earnings beat. What the pros say to do next
Pros on CNBC discussed Nvidia after the company beat both earnings and revenue estimates for the second quarter.
31% of investors are OK with using artificial intelligence as their advisor
Nearly 1 in 3 investors are comfortable implementing financial advice from a generative AI program without verifying it first, a CFP Board poll found.
August once again lives up to its dismal reputation for stocks
The S&P 500 is down more than 3% this month, on pace to snap a five-month winning streak.
There’s no ‘free lunch’ with high-interest cash options, advisor says. How to plan for taxes
Savers are now getting higher cash yields after interest rate hikes. But taxes on those earnings could be a surprise, experts say. Here’s how to prepare.
Barbara Corcoran says this is the No. 1 mistake new home buyers can easily avoid: ‘Go back for another look’
Corcoran has over 40 years of experience in the real estate business and says this is the most common mistake people make when buying their first home.