46 Mins Ago
UK economic strength remains a problem for Bank of England, strategist says
Niall O’Sullivan, chief investment of multi-asset strategies EMEA at Neuberger Berman, discusses the upcoming Bank of England rate decision and the housing market, among other things.
6 Hours Ago
CNBC Pro: Analyst says this automaker could be next in line for a Tesla supercharger deal
A global auto giant may be the next company to sign a deal with Tesla to use its supercharger stations, according to RBC analyst Tom Narayan.
If the agreement comes to pass, the deal will be in the wake of similar partnerships Tesla has agreed with Ford and General Motors.
Investors have rewarded all parties to the deal in the past. The day following the agreement, Tesla and Ford’s shares popped by 4.7% and 6.2%, respectively. Both automakers’ stock prices have rallied by more than 25% since.
CNBC Pro subscribers can read more here.
— Ganesh Rao
6 Hours Ago
CNBC Pro: This veteran investor’s funds have been outperforming since 2006. Here are his top strategies
Outperforming portfolio manager Jordan Cvetanovski has looked for certain attributes in the companies he picked in the past nearly 20 years.
And the results have proven to be consistent throughout the global financial crisis, the era of zero interest rates — and now, high interest rates.
One fund that Cvetanovski of Pella Funds Management managed beat its benchmark by a whopping 27% in a four-year period.
CNBC Pro subscribers can read more here.
— Weizhen Tan
2 Hours Ago
European markets: Here are the opening calls
European markets are heading for a flat open Tuesday.
The U.K.’s FTSE 100 index is expected to open 5 points lower at 7,580, Germany’s DAX 3 points lower at 16,190, France’s CAC 3 points lower at 7,301 and Italy’s FTSE MIB 37 points lower at 27,835 according to data from IG.
Data releases include euro zone current account figures for April.
— Holly Ellyatt
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