In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the image of Elon Musk is displayed on a computer screen and the logo of twitter on a mobile phone in Ankara, Turkiye on October 06, 2022. Muhammed Selim Korkutata | Anadolu Agency | Getty Images After closing a $44 billion
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In this article AAPL META MSFT AMZN GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Facebook CEO Mark Zuckerberg Marlene Awaad | Bloomberg | Getty Images Other than Apple, it was a brutal earnings week for Big Tech. Alphabet, Amazon, Meta and Microsoft combined lost over $350 billion in market cap after offering concerning commentary for
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook visits the Apple Fifth Avenue store for the release of the Apple iPhone 14, New York City, September 16, 2022. Andrew Kelly | Reuters Apple stock rose 7.5% on Friday, a day after it reported September quarter earnings that modestly beat
In this article MSFT GOOG GOOGL META AMZN AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook, chief executive officer of Apple Inc., outside the Apple Fifth Avenue store in New York, US, on Friday, Sept. 16, 2022. Jeenah Moon | Bloomberg | Getty Images Apple’s earnings received a drastically different reaction from investors than
In this article TSLA TWTR Follow your favorite stocksCREATE FREE ACCOUNT SpaceX Chief Engineer Elon Musk takes part in a joint news conference with T-Mobile CEO Mike Sievert (not pictured) at the SpaceX Starbase, in Brownsville, Texas, U.S., August 25, 2022. Adrees Latif | Reuters Tesla CEO Elon Musk is now in charge of Twitter,
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, chief executive officer of Meta Platforms Inc., demonstrates the Meta Quest Pro during the virtual Meta Connect event in New York, US, on Tuesday, Oct. 11, 2022. Michael Nagle | Bloomberg | Getty Images Shares of Meta plunged 24% Thursday morning as investors
In this article META MMAT Follow your favorite stocksCREATE FREE ACCOUNT Meta shares continued their 2022 freefall, plunging 19% in extended trading on Wednesday after Facebook’s parent issued a weak forecast for the fourth quarter and came up well short of Wall Street’s expectations for earnings. Earnings per share (EPS): $1.64 vs $1.89 expected, according
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella speaks at the company’s annual shareholder meeting on Nov. 30, 2016, in Bellevue, Washington. Stephen Brashear | Getty Images News | Getty Images Shares of Microsoft dropped as much as 8% early Wednesday, a day after the company released its fiscal
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft shares fell about 7% in extended trading on Tuesday after the company reported softer cloud revenue than expected in its fiscal first quarter and gave weak quarterly guidance. Here’s how the company did: Earnings: $2.35 per share, vs. $2.30 per share as expected by
In this article GLW OC Follow your favorite stocksCREATE FREE ACCOUNT When heated to a high temperature and then cooled, new chemical composition can change the way glass behaves. For Gorilla Glass, Corning narrows down the number of compositions to a few dozen, does more melting, then picks two or three candidates to test. It
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Drew Angerer | Getty Images News | Getty Images Altimeter Capital Chair and CEO Brad Gerstner said in an open letter to the company and CEO Mark Zuckerberg on Monday that Meta has too many employees and is moving too slowly to retain the confidence
In this article BABA BIDU 9988-HK 700-HK 9888-HK 3690-HK Follow your favorite stocksCREATE FREE ACCOUNT China’s President Xi Jinping speaking at the opening session of the 20th Chinese Communist Party’s Congress at the Great Hall of the People in Beijing on Oct. 16, 2022. Noel Celis | AFP | Getty Images Chinese technology stocks tanked
Samuel Bankman-Fried, founder and CEO of FTX, testifies during a Senate Committee on Agriculture, Nutrition and Forestry hearing about “Examining Digital Assets: Risks, Regulation, and Innovation,” on Capitol Hill in Washington, DC, on February 9, 2022. Saul Loeb | AFP | Getty Images A network of political action committees supported by cryptocurrency industry leaders are
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Level Home Apple stores in the U.S. are now selling an exterior door lock that can be unlocked by a user’s Apple Watch or iPhone. The $329 Level Lock+ is the first Home Key-supported lock that’s been sold in Apple stores. When the Level Lock+,
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple iPad Apple Earlier this week, Apple introduced a redesigned iPad and updates to the iPad Pros. They’ll likely help the company spur sales during the ever-important holiday shopping season. But it also means Apple now sells six different iPads, and you might find it
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Apple’s vice president of industrial design, Evans Hankey, is leaving the company, Apple confirmed to CNBC on Friday. Hankey took
In this article SNAP Follow your favorite stocksCREATE FREE ACCOUNT Evan Spiegel, CEO of SNAP Inc. Stephen Desaulniers | CNBC Shares of Snap fell 29% in trading Friday morning after investors continued to digest the company’s third-quarter earnings report that was released Thursday night. The company posted an unexpected profit, but revenue missed estimates slightly,
In this article SNAP Follow your favorite stocksCREATE FREE ACCOUNT Snap shares plummeted more than 25% in extended trading on Thursday after the social media company reported weaker-than-expected revenue for the third quarter. It’s Wall Street’s first peak into the current state of the struggling online ad market. Here are the key numbers. Earnings per
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple iOS 16 Source: Apple Apple’s newest update to its iPhone operating system, iOS 16.1, will be available on Monday, the company announced in a press release Thursday. It will launch for iPhone users with an iPhone 8 or newer models, and it adds quite
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla electric vehicle at a supercharger station in Hawthorne, California, on Aug. 9, 2022. Patrick T. Fallon | AFP | Getty Images Tesla CEO Elon Musk said during the company’s Q3 earnings call on Tuesday evening that the company expects to fully meet the
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla reported third-quarter earnings after the bell, and executives addressed a broad range of questions during the earnings call, including macroeconomic concerns and CEO Elon Musk’s pending takeover of Twitter. Shares fell by about 5% after hours following the results. Here are the results. Earnings: $1.05
In this article NUN-MX Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | NurPhoto | Getty Images The Brazilian digital banking startup Nubank will launch its own cryptocurrency in the country next year, marking the latest move into digital assets by a large financial institution. Nubank said Wednesday it will launch the token, called Nucoin,
Elon Musk said Friday that SpaceX cannot continue fund Starlink terminals in Ukraine “indefinitely” in light of the cost. However, Musk, who is also CEO of electric car company Tesla, he said Saturday that SpaceX will keep funding the Ukrainian government “for free” even though Starlink is “still losing money.” Adrees Latif | Reuters Elon
In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc. Brendan McDermid | Reuters Starboard Value has taken a stake in Salesforce, with founder Jeff Smith saying a significant opportunity remains in the enterprise software maker, according to CNBC’s David Faber.
Shoppers queue in like outside the Apple store during the launch day of the new iPhone 14 series smartphones in Hong Kong, on September 16, 2022. Miguel Candela | Anadolu Agency | Getty Images The closely watched consumer price index continues to show headline inflation in the U.S. hovering at levels last seen in the
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, October 14, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Volatility and earnings Last week, economic data fed the market’s volatility. Inflation remains red hot, so
In this article DIS UPS Follow your favorite stocksCREATE FREE ACCOUNT Research isn’t exact, but recent polling shows that as many as half of Americans under the age of 40 have a tattoo, and that has implications for the job market. Hinterhaus Productions | Stone | Getty Images The growing battle to attract and retain
In this article DWAC Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the social media platform, Truth Social logo seen displayed on a smartphone with a photo of former US President Donald Trump displayed in the background. Rafael Henrique | Lightrocket | Getty Images Former President Donald Trump’s media company fired an executive
A smartphone with the Starlink logo displayed on the screen. Sopa Images | Lightrocket | Getty Images Elon Musk said in a tweet Saturday that his company SpaceX would continue to fund Starlink satellite internet terminals for the Ukrainian government as it battles invading Russian forces. “The hell with it,” the billionaire tweeted, “even though Starlink
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT A shopper looks at a wall fully occupied with iPhone case covers at the American multinational technology company Apple store in Hong Kong. China’s consumer prices rose at a slower-than-expected pace in August amid heatwaves and Covid-19 flare-ups, while producer inflation eased to the lowest
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT A worker delivers Amazon packages in San Francisco, California, US, on Wednesday, Oct. 5, 2022. Amazon’s Prime Early Access Sale is on through Oct. 12 to boost sales among cost-conscious consumers who are expected to start their holiday shopping even earlier this year. Bloomberg |
Elon Musk said that his company SpaceX cannot fund the Starlink service in Ukraine “indefinitely.” Michael Gonzalez | Getty Images News | Getty Images Elon Musk said Friday that SpaceX cannot continue fund Starlink terminals in Ukraine “indefinitely,” after a report suggested his space exploration company had asked the Pentagon to cover the costs. SpaceX’s
Chinese President Xi Jinping proposing a toast at the welcome banquet for leaders attending the Belt and Road Forum at the Great Hall of the People on April 26, 2019 in Beijing, China. Nicolas Asfouri | Getty Images Xi Jinping once declared China should “prioritize innovation” and be on the “cutting-edge (of) frontier technologies, modern
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