News

Big banks are talking up generative A.I. — but the risks mean they're not diving in headfirst

Major banks and fintech companies claim to be piling into generative artificial intelligence, but there are lingering fears about potential pitfalls and risks.

Stocks making the biggest moves midday: Carnival, Nasdaq, Oracle, KeyCorp and more

These are the stocks posting the largest moves midday.

The rich often misjudge the potency of their retirement savings, report finds

Relative to other income groups, high earners tend to think they're on track for retirement when they're actually not, a new study found.

Andreessen Horowitz to open first office outside the U.S. in London in bet UK will become crypto hub

Andreessen Horowitz, a major U.S. technology investor, said it plans to open its first international office in London.

Goldman Sachs CEO David Solomon warns of pain ahead for commercial real estate

The commercial real estate industry is in the throes of a painful adjustment to higher borrowing costs and lower occupancy rates.

Stocks making the biggest moves before the bell: Nasdaq, Illumina, Oracle, Carnival & more

These are the stocks posting the largest moves in premarket trading.

HSBC builds innovation division from the bones of collapsed SVB UK

HSBC unveiled its new HSBC Innovation Banking unit Monday, following its eleventh-hour rescue of the U.K. subsidiary of SVB in March.

UBS says it has completed the takeover of stricken rival Credit Suisse

Swiss bank UBS released an open letter Monday saying that it had formally completed the takeover of its rival Credit Suisse.

Investors are eyeing China's neighbors as the recovery from 'zero-Covid' slows

Stock markets in South Korea, Japan and India are beneficiaries of the disappointing economic data that has clipped confidence in China.

Ad sales in China are pointing to a soft recovery for the consumer

Businesses in China are spending cautiously on advertising this year as local consumption isn't expected to bounce back for a while yet.

Here's what's hot — and what's not — in fintech right now

What's hot in fintech right now? And what's not? CNBC spoke to some of the top industry insiders at Money 20/20 in Amsterdam. Here's what they had to say.

Stocks making the biggest moves midday: Sonoma Pharmaceuticals, Braze, Adobe and more

These are the stocks posting the largest moves in midday trading.
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