The U.S. is showing signs of targeting China's domestic surveillance and the tech supporting it.Technologyread more
Pro-EU parties are set to hold onto two-thirds of the seats at the EU Parliament.Europe Politicsread more
The projected result comes shortly after Conservative Party leader Theresa May announced her resignation as prime minister on Friday morning.Europe Politicsread more
A Beijing decision to rapidly and sharply cut its excessive and unsustainable trade surplus with the U.S. would change for the better the bilateral relationship, writes...World Economyread more
Investors are largely focused on results of the EU parliamentary elections. Euroskeptic parties in Britain and France made solid gains.Europe Marketsread more
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Prime Minister Narendra Modi has to make sure that India becomes a highly competitive manufacturing hub where global investors will look to invest, the chairman of India...Asia Economyread more
U.S. President Donald Trump said Monday he expects to get the trade gap with Japan "straightened out rapidly," adding that announcements on that could come as soon as August.World Economyread more
Bitcoin surged more than 9% from the day before to hit its highest level in more than a year.Technologyread more
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Sources say the talks have picked up speed in recent days and could lead to an announcement regarding a merger or partnership by Monday.Autosread more
Univest Wealth Management President Kevin Norris tells CNBC's "Power Lunch" on Tuesday the stock market is fairly valued at these levels.
"The economy continues to expand at a modest pace with the help of a supportive Federal Reserve. Real GDP growth is in a sweet spot with modest inflation. Equity flows are moderate without any exuberance or speculative valuations," Norris said.
In this environment, Norris is betting on technology stocks like Applied Materials.
"This stock plays into our theme of an upside surprise in IT spending heading into year end and into 2017. The tech sector has low regulation risk, reasonable valuations, companies are flush of cash, and buying back the largest amount of shares," Norris said.
Applied Materials is lower during trading, but is up 30 percent year-to-date.