Dan Springer, chief executive officer at DocuSign. David Paul Morris | Bloomberg | Getty Images DocuSign CEO Dan Springer is stepping down. The decision comes after the e-signature software maker lost more than 60% of its value year to date. The company didn’t provide a reason for his departure but said Springer “has agreed to …
Lin Tiangui, a representative of Winston Wine, looks at a bottles of wine produced from Winston Wine’s own Australian winery at one of its stores in Shanghai, China on October 18, 2011. Qilai Shen | Bloomberg | In Pictures | Corbis Historical | Getty Images Australia’s leading wine industry body Wine Australia will be closing …
Australia’s leading wine authority to close office in China as exports plunge Read More »
LONDON — European stocks are expected to open higher on Tuesday, continuing a recovery seen at the start of the week. The UK’s FTSE index is seen opening 17 points higher at 7,132, Germany’s DAX 46 points higher at 13,298, France’s CAC 40 up 23 points at 5,928, and Italy’s FTSE MIB 75 points higher …
European markets open to close, stocks, data, global markets Read More »
UBS has named its top technology stock picks to ride the electric vehicle revolution. “As EV penetration grows and autonomous driving emerges, we see exponential growth within tech supply chains,” UBS’ analysts, led by Grace Chen, said on June 17. They expect 2026 to be an “inflection point” for electric vehicles, when the The global …
Tech stock picks for the electric vehicle boom: UBS on EV-related stocks Read More »
Ether is the second-largest cryptocurrency in the world by market value. Jaap Arriens | NurPhoto via Getty Images Another controversial cryptocurrency is causing havoc in the digital asset market — and this time, it’s not a stablecoin. Staked ether, or stETH, is a token that’s supposed to be worth the same as ether. But for …
What is staked ether (stETH) and why is it causing havoc in crypto? Read More »
French President Emmanuel Macron might have been relieved after getting reelected in April — but his second term in office just got a lot more complicated. His Ensemble! alliance has lost its absolute majority of five years following a second round of elections. France’s President Emmanuel Macron speaks to fellow voters as he arrives to …
France’s Macron loses parliamentary majority; economic reform agenda at risk Read More »
Stock picks and investing trends from CNBC Pro: Hong Kong’s Hang Seng index dipped 0.43%. Shares of Alibaba shares in Hong Kong fell more than 2%, despite Reuters reporting Friday that China’s central bank has accepted Alibaba-affiliate Ant Group’s application to form a financial holding firm, reviving hopes for a potential public listing for Ant. …
For investors who are a week of this year’s volatility in stocks and bonds, a stable corner of finance is starting to look enticing. The Federal Reserve just hiked interest rates by 0.75 percentage point , and Fed Chair Jerome Powell has suggested a similar increase could be ahead in July. Recession fears have also …
Higher interest rates are here, and that makes these vanilla investments compelling Read More »
An employee arranges Apple iPhones as customer shop at an Apple store. Mike Segar | Reuters Employees at an Apple store in Towson, Maryland voted Saturday to join a union, a significant achievement for organized labor that could encourage employees at other Apple stores to unionize. The Towson store is the first unionized Apple store …
Apple workers in Maryland vote for company’s first unionized store in U.S. Read More »
CNBC’s Jim Cramer on Friday warned investors that any upcoming market rallies will be temporary as the Federal Reserve turns up the heat in its fight against inflation. “Until we see a pattern of higher unemployment, lower consumer spending and lower oil prices, just presume that you need to sell stocks into any rally because …
