Ganesh Rao

3 weeks ago | cnbc.com | Ganesh Rao

In February, while luxury brand Moncler was still basking in the glow of a stellar 20% share price surge from January, fund manager Giles Parkinson made a contrarian move: he sold out. His decision, driven by subtle signals in tourist spending data, ultimately proved to be the right one. By the end of March, Moncler's shares had plummeted over 14%, and its subsequent first-quarter results in April confirmed a growth slowdown.

4 weeks ago | nbcnews.com | Ganesh Rao

May 30, 2025, 9:08 AM EDT / Source: CNBCWhile U.S. President Donald Trump’s tariffs play out in U.S. courts, another one of his proposed laws could weaponize the American tax system. Investment banks and law firms warn this step could prove to be as significant as the impact of duties on investors.

4 weeks ago | flipboard.com | Ganesh Rao

5 hours agoHarvard DHS lawsuit revives Supreme Court conflict of interest questionsHarvard University’s lawsuit against the Department of Homeland Security for moving to ban foreign students at the Ivy League school could be on a fast track to the Supreme Court, reviving a longstanding debate over when justices should recuse themselves from cases.

4 weeks ago | flipboard.com | Ganesh Rao

2 hours agoShock NSW Senate result as One Nation beats Labor to win final seatThe button was pressed to electronically distribute preferences for the New South Wales Senate today. All analysts expected Labor to win the final …10 hours agoSlew of Conservative Bills Die Over Patrick BlunderLoading the Elevenlabs Text to Speech AudioNative Player…A late-night blunder by Lt. Gov. Dan Patrick on Wednesday allowed Senate Democrats to kill a …7 hours agoOklahoma lawmakers override string of Gov.

4 weeks ago | cnbc.com | Ganesh Rao

3 Min AgoPositive start for European stock marketsEuropean stock markets are expected to open in positive territory on Friday. Futures contracts for the Stoxx Europe 600 index point to a 0.1% gain at the open. Meanwhile, the U.K.'s FTSE 100, is set to open 0.2% higher, France's CAC 40 could add 0.1% and Germany's DAX is seen opening flat at the start of the trading day. In Italy, shares of Metriks AI will trade for the first time on the stock exchange under the ticker MTK.