Stocks @ Night is a daily newsletter that provides investors with valuable insights and analysis after market hours. This newsletter not only offers a glimpse into the upcoming trading day but also provides a comprehensive review of the current market conditions. CNBC TV’s producers closely monitor market trends and key events to keep investors informed
Mortgage demand is currently seeing a significant shift towards refinancing, driven by a consecutive decline in interest rates over the past five weeks. While total mortgage application volume increased marginally by 1.6% last week, the surge in refinancing applications stands out as a notable trend. This shift is evident in the Mortgage Bankers Association’s latest
Tiger 21, a network of ultra-high-net-worth investors and entrepreneurs, recently released an asset allocation report that shed light on the fact that more than half of its members do not invest in chip darling Nvidia. The report revealed that 57% of the members have chosen to stay away from Nvidia, with a majority of them
As China continues to grapple with property struggles and U.S. sanctions, the latest Milken Institute’s best performing cities China index sheds light on the varying impacts on different cities. Hangzhou, the capital of the eastern Zhejiang province, has emerged as a frontrunner in this year’s rankings, thanks to its thriving tech industry which is home
In the realm of professional sports, team owners are facing a unique set of challenges driven by the culmination of rising team values and an aging owner demographic. As the average age of sports team owners continues to increase, the need for meticulous succession planning has never been more pressing. In recent years, team values
British financial technology company Zilch recently announced a significant achievement, reporting its first-ever month of profit. This accomplishment represents a pivotal moment for the company as it sets its sights on an eventual initial public offering. Zilch, a major player in the buy now, pay later sector alongside competitors like Klarna and Block, disclosed that
Steph Curry, a four-time NBA Champion and 10-time NBA All-Star, is already thinking about his life after basketball. In a recent interview with CNBC’s “Squawk on the Street,” Curry discussed his plans for the future, including his businesses and goals post-retirement. The 36-year-old athlete is the owner of a media company called Unanimous Media, as
The return of football marks the anticipation of record-breaking betting in the United States. Recent projections from the American Gaming Association suggest that U.S. adults are expected to wager approximately $35 billion during the upcoming NFL season. This figure represents a significant increase of more than 30% compared to the $26.7 billion wagered during the
As the eligibility for Medicare begins at age 65 for most Americans, many younger retirees turn to Marketplace health insurance for coverage. This option provides lower monthly premiums until the end of 2025, thanks to enhanced tax breaks. The data from the Kaiser Family Foundation shows a significant increase in Marketplace coverage among Americans aged
Nvidia experienced a significant drop on Tuesday, losing a staggering $279 billion in market value in a single day. This marked the fifth time the stock has experienced such a massive loss. The stock plummeted by 9.5% and is now down by 23.3% since June 20. Despite this, Nvidia has managed to maintain a positive