5 Hours Ago
CNBC Pro: ‘Relentless pursuit of eyeballs’: Analysts name China internet stocks to buy — giving 2 over 50% upside
Several stocks are set to benefit from the “relentless pursuit of eyeballs” in the Chinese internet sector, according to analysts at asset management firm AllianceBernstein.
“We’re now seeing e-commerce related activity pick up on media platforms hitherto less associated with online retail,” they said in a Sept. 15 note.
CNBC Pro subscribers can read more here.
— Amala Balakrishner
5 Hours Ago
CNBC Pro: ‘Incredibly compelling’: The pros love small-cap stocks right now. Here are their top picks
The conditions are right for buying small-cap names, according to many analysts and investors. CNBC Pro takes a look at five such stocks, including two on a “high conviction” list.
Subscribers can read more here.
— Weizhen Tan
5 Hours Ago
CNBC Pro: Cathie Wood is a fan of this AI company, and says the ‘AI revolution’ will ‘change everything’
Cathie Wood says a U.K.-founded company is “one of the best AI companies in the world.”
The founder and CEO of Ark Invest said Wednesday added that the “AI revolution is upon us and is going to change everything” despite fears that there will be a repeat of the dotcom bubble bust in the 1990s.
CNBC Pro subscribers can read more here.
— Weizhen Tan
2 Hours Ago
European markets: Here are the opening calls
European markets are expected to open in negative territory Thursday.
The U.K.’s FTSE 100 index is expected to open 75 points lower at 7,660, Germany’s DAX down 166 points at 15,607, France’s CAC down 75 points at 7,255 and Italy’s FTSE MIB down 342 points at 28,938, according to data from IG.
A series of interest rate decisions will be announced on Thursday from central banks in England, Turkey, Sweden, Switzerland and Norway. Other data releases include preliminary consumer confidence figures for the euro zone in September.
Earnings come from Next, JD Sports and Manchester United.
— Holly Ellyatt
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