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2024 CNBC Disruptor 50 list nominations

CNBC is now accepting nominations for the 2024 Disruptor 50 list — our annual look at the most innovative venture-backed companies using breakthrough technology to meet increasing economic and consumer challenges. The deadline for submissions is Friday, Feb. 16 at 11:59 pm EST. All independent, privately-owned companies founded after Jan. …

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Amazon CEO says generative AI will change every customer experience

In an interview with CNBC’s Jim Cramer, Amazon CEO Andy Jassy said generative artificial intelligence will change the customer experience in the company’s enterprise and discretionary consumer business. “Generative AI is going to change every customer experience, and it’s going to make it much more accessible for everyday developers, and …

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Buying property in Asia? Real estate specialists give their investment tips

Hong Kong residential prices could fall by another 10% in 2024, according to DBS Hong Kong. Bloomberg | Bloomberg | Getty Images Hong Kong’s property market has plunged nearly 20% since its peak, and it may be a good time for homeowners to buy — but investors might want to …

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Here’s what the market will be looking for in Friday’s key jobs report

Amazon workers deliver packages on Cyber Monday in New York, US, on Monday, Nov. 27, 2023.  Stephanie Keith | Bloomberg | Getty Images At a time when the economy is supposed to be slowing, Friday’s jobs report is expected to show that employers actually picked up the hiring pace in …

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Google stock up after company announces Gemini AI model

Shares of Google popped more than 5% Thursday, a day after the company announced its latest artificial intelligence model called Gemini that will compete with products from OpenAI, Microsoft and Meta. The stock is on pace for its best day since Aug. 29. Wells Fargo’s trading desk said the announcement …

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China’s economy has a ‘steep hill to climb’ despite positive export surprise: HSBC

Hong Kong observation wheel, and the Hong Kong and Shanghai Bank, HSBC building, Victoria harbor, Hong Kong, China. Ucg | Universal Images Group | Getty Images The Chinese economy still has a “steep hill to climb” despite a surprise pickup in exports and is unlikely to be bolstered by further …

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Microsoft’s president meets with the Chinese government to talk A.I.

Microsoft CEO Brad Smith participates in a meeting at The Westin Palace Hotel, on 20 May, 2022 in Madrid, Spain. Cezaro De Luca | Europa Press | Getty Images Microsoft President Brad Smith met with China’s Minister of Commerce Wang Wentao on Wednesday to discuss topics ranging from artificial intelligence …

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Hong Kong may have to brace for volatility in 2024: Financial secretary

Hong Kong may have to gear up for “a lot of volatility” in 2024, Hong Kong’s financial secretary Paul Chan told CNBC. Next year will be “full of external challenges,” Chan told CNBC’s Emily Tan. “Interest rates [are] going to be higher for longer, geopolitical tensions will continue. And there …

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Biden’s Israel support leaves him as isolated as Russia on world stage: Bremmer

The Biden administration’s steadfast support of Israel in its war against Hamas in Gaza has cost him tremendous political capital internationally, according to one high-profile geopolitical commentator. Washington’s stated unconditional backing of Israel — politically, financially, and militarily — has been a longstanding pillar of its Middle East foreign policy. …

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How to invest in fine wine as an alternative asset class investment

BEAUJOLAIS, FRANCE — “There are few things in life that can’t be enhanced by a fine wine,” reads a translation of a sign in Villefranche-sur-Saône, Beaujolais, as the French wine region marks its new season. That’s a motto that’s increasingly being applied to investments, as oenophiles and investors alike seek …

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