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China's largest memory chipmaker sparks fears of a cash drain before blockbuster IPO

IPO

CXMT is stoking fears that its blockbuster stock market debut could pull cash from China's equities.

CNBC World - 2026-07-24 02:00:37

CNBC Daily Open: Brent crude is back at $100 — and Trump renews tariffs

TSLA, TSLAN, TSLACL, TSLACO, GOOGL, GOOG, AI, 1TSLA, 4TSLA, 0R0X, TL0, TL0D, A1CX3T, TSLAUS, TSLA1, TSLA0

Houthi strikes on Saudi tankers pushed Brent past $100 and Treasury yields to an 18-month high, while an AI spending jitters punished Tesla and Alphabet.

CNBC World - 2026-07-24 01:06:15

SAP Q2 Earnings Call Highlights

SAP

SAP Bets $1B on AI Acquisitions to Lock In Enterprise DataSAP (NYSE:SAP) reported a strong second quarter for 2026, with management highlighting accelerating current cloud backlog growth, continued cloud revenue gains and rising customer interest in the company’s artificial intel

Nasdaq Dividends - 2026-07-24 01:05:33

Reliance Q2 Earnings Call Highlights

3 Waste Stocks Turning AI Investments Into GrowthReliance (NYSE:RS) reported what executives described as another strong quarter, with record tons sold, sharply higher year-over-year sales and stronger profitability supported by favorable pricing, improving demand across several

Nasdaq Earnings - 2026-07-24 01:05:33

RenaissanceRe Q2 Earnings Call Highlights

RNR

A Quiet Outperformer With a Catastrophe CaveatRenaissanceRe (NYSE:RNR) reported what executives described as another strong quarter, with operating income of $548 million and an annualized operating return on equity of about 20% for the second quarter of 2026. President and Chie

Nasdaq Earnings - 2026-07-24 01:05:32

RLI Q2 Earnings Call Highlights

RLI

Palomar’s High-Risk Insurance Strategy Is Paying Off BigRLI (NYSE:RLI) reported another quarter of profitable underwriting and higher investment income, with management emphasizing disciplined growth, capital returns and selectivity in increasingly competitive specialty insurance

Nasdaq Earnings - 2026-07-24 01:05:31

Ryder System Q2 Earnings Call Highlights

Defense Earnings Show Readiness Now and Modernization AheadRyder System (NYSE:R) reported its seventh consecutive quarter of comparable earnings-per-share growth, with management pointing to contractual revenue, strategic initiatives and improving used vehicle sales as the main c

Nasdaq Earnings - 2026-07-24 01:05:30

Amazon cracks down on use of AI images by sellers after New York law

AMZN, AMZNN, AMZNCL, AMZD, AMZ, 1AMZN, 0R1O, 4AMZN, 0R1OL, AI, AMZNUS

A recently enacted New York law mandates that companies disclose when an ad includes a "synthetic performer" in place of a human actor.

CNBC World - 2026-07-24 00:36:42

National Bankshares (NKSH) Q2 Earnings Lag Estimates

NKSH, MPT

National Bankshares (NKSH) delivered earnings and revenue surprises of -1.25% and +0.29%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Nasdaq Stocks - 2026-07-24 00:35:01

Allianz to buy HSBC’s Singapore insurance unit for $2.09 billion

Allianz to acquire Singapore insurance business from HSBC

CNBC World - 2026-07-24 00:11:10

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