All Stock News
Tesla Pullback Puts Onus on Others to Build Electric Vehicle Chargers
The automaker led by Elon Musk is no longer planning to take the lead in expanding the number of places to fuel electric vehicles. It's not clear how quickly other companies will fill the gap.
Credit Suisse China securities JV says staff down 46% in 2023
Credit Suisse's securities brokerage joint venture in China said its staff numbers sank 46% in 2023, a year the Swiss authorities arranged a takeover to keep the firm from collapsing.
Dave & Buster's Launches Arcade Betting as Wagers Gain Popularity
With the proliferation of betting apps bringing gambling into more parts of consumers' lives, now even Skee-Ball is getting the Las Vegas treatment. Restaurant and entertainment center chain Dave & Bu...
DraftKIngs Q1 earnings shows revenue increased over 50%
DraftKings (DKNG) posted first-quarter earnings results, showing revenue increased over 50% year-over-year. According to the report, part of their success is due in part to stronger-than-expected cust...
Elon Musk Tries to Make Himself Indispensable at Tesla Ahead of Pay Vote
The CEO is shifting the EV maker's strategy and suggesting that he could take his ideas on AI elsewhere.
Elon Musk sues Indian battery company Tesla Power for trademark infringement
Tesla, Inc., owned by Elon Musk, has sued an India company called Tesla Power India in the Delhi High Court, alleging copyright infringement.
Puck's Matt Belloni talks the latest speculation around a Paramount deal
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
Unlikely Apple will unveil AI enabled feature with new iPad, says Cleo Capital's Sarah Kunst
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
Wall Street analysts raise Apple price targets on monster buyback
Wall Street analysts are raising their target prices of Apple (APPL) after the tech giant exceeded earnings expectations and announced the authorization of $110 billion share buyback program. Analysts...
GameStop's stock skyrockets 29% to continue rally and register biggest gain in over a year
GameStop Corp. shares ended Friday's session up 29.1% to continue their rally and register their biggest daily percentage gain since March 22, 2023, when they rose 35.2%.
Jim Cramer digs into Cracker Barrel's business and recent stock action
'Mad Money' host Jim Cramer digs into Cracker Barrel's business and stock action.
We should get excelent numbers out of Disney, says Jim Cramer
'Mad Money' host Jim Cramer looks ahead to next week's market game plan.
CVS Stock Discovers a Medicare Disadvantage
Shares in the drug chain and health insurer lost 19% after missing earnings and slashing guidance. The culprit: Costs for its Medicare Advantage plans.
Berkshire Hathaway conference could be bullish for its portfolio, says Jim Cramer
'Mad Money' host Jim Cramer looks ahead to next week's market game plan.
Aerospace stock plays: Analyst likes Northrop Grumman on consistent earnings and sales growth
When investing, it can be hard to choose which stocks to avoid and which to consider, especially when you are trying to gain exposure to a specific sector. In the latest edition of Good Buy or Goodbye...
Google blasted as ‘negligent' over evidence destruction as landmark DOJ antitrust case wraps up
A federal judge blasted Friday Google over a “negligent” policy that resulted in the deletion of employee chat records as closing arguments wrapped up in a landmark antitrust case that could result in...
Final Trade: TRU, HD, CVX, DIS
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Paramount's new ‘Office of the CEO' now has a leader — while its ex-CEO will still collect a hefty paycheck
Paramount Global has named Chris McCarthy as interim principal executive officer of its new three-executive leadership team, a move that it made “for purposes of the rules and regulations” of the U.S....
Vistra to Join S&P 500 Index, Replacing Pioneer Natural Resources
The index changes were announced after the close of trading Friday by S&P Dow Jones Indices. All changes will occur on Wednesday.
Paramount Unveils Bob Bakish Exit Terms, Names Chris McCarthy ‘Interim Principal Executive' For SEC Purposes
Paramount Global says Chris McMarthy is the company's “interim principal executive officer,” a necessity required by the SEC that apparently does not signal he has more decision-making power among a t...
Buffett retakes the stage as Berkshire prepares to pass the baton
Warren Buffett takes center stage in Omaha for Berkshire Hathaway's annual shareholder meeting on Saturday, as investors size up his expected successor.
What You Need To Know Ahead of Reddit's First Earnings Report Since Its IPO
Reddit (RDDT) is set to announce on Tuesday its first quarterly earnings since the social media company made its trading debut on the New York Stock Exchange (NYSE) in March.
Reddit CEO beneficially owns 61.5% of class A shares, regulatory filing shows
Reddit co-founder and CEO Steve Huffman beneficially owns 62.4 million Class A shares of the social media company, a regulatory filing showed on Friday.
Luminar to cut nearly 20% jobs as part of restructuring
Luminar Technologies , a maker of lidar sensors for self-driving cars, said on Friday that it would cut its workforce by about 20%, as part of a restructuring plan for the current year.
Cramer's week ahead: Earnings from Disney, Uber and Warner Bros. Discovery
CNBC's Jim Cramer on Friday guided investors through an earnings-packed week on Wall Street.
Paramount will let exclusive talks with Skydance lapse, NYT reports
Paramount Global Friday will end its exclusive negotiations with Skydance Media without reaching a deal, the New York Times reported on Friday, citing people familiar with the matter.
Paramount May Reportedly Turn Down Both Skydance And Sony Deals—What We Know About The Negotiations
The sale of Paramount Global to Skydance Media or Sony appears to be growing more unlikely, according to multiple outlets, as it looks to continue to narrow its streaming losses and navigate the depar...
Final Arguments in Google Antitrust Trial Conclude, Setting Up Landmark Ruling
Judge Amit P. Mehta must now decide whether Google violated the law, potentially setting a precedent for a series of tech monopoly cases.
Vistra Corp. to join S&P 500 index, replacing Pioneer Natural Resources
Texas-based Vistra Corp. is set to join the S&P 500 index before the opening bell Wednesday, index provider S&P Dow Jones Indices said late Friday.
Apple iPhone weakness in China is overdone, says Wells Fargo analyst
Aaron Rakers, Wells Fargo Securities managing director, joins 'Fast Money' to talk the bull case for Apple, iPhones and AI, and what's ahead for the tech company.
The Score: Tesla, Starbucks, Paramount and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news.
Pega (PEGA) COO/CFO on Blueprint A.I. Product
Pega (PEGA) is an enterprise software provider who's A.I.-powered decision engine enhances customer acquisition across media channels.
Gold will weather this storm as investors sell the rallies
(Kitco News) - The U.S. labor market has defied all expectations in 2024, but sentiment has started to shift as five months of consecutive outperformance come to an end.Heading into the weekend, marke...
JPMorgan's Stephen Tusa shares under-the-radar AI plays
Stephen Tusa, JPMorgan analyst, joins 'Closing Bell Overtime' to discuss how data centers could benefit from the AI hype cycle.
This might be the best iPhone cycle Apple's ever had, says Melius' Ben Reitzes
Ben Reitzes, Melius Research Head of Technology Research, joins 'Closing Bell Overtime' to talk Apples big earnings beat.
Luminar cuts 20% of staff and outsources lidar production
Lidar company Luminar is slashing its workforce by 20% and will lean harder on its contract manufacturing partner as part of a restructuring that will shift the company to a more “asset-light” busines...
Whirlpool says it's planning additional layoffs under restructuring plan
Whirlpool Corp. said Friday that it plans additional layoffs to the 1,000 it announced as part of a global restructuring plan in late April.
Luminar's stock falls as lidar maker plans to lay off 20% of workforce as part of restructuring plan
Shares of Luminar Technologies Inc. dropped more than 9% in extended trading Friday after the maker of lidar and other sensors for self-driving vehicles said it was cutting its workforce by 20% as par...
Microsoft's Facial-Recognition Ban Points to Growing Qualms Over Privacy
Microsoft's decision to ban police departments from using its Azure OpenAI Service for facial recognition reflects the technology industry's struggle to balance the promises and perils of artificial i...
China's Zeekr plans to raise up to $368 mln in US IPO
China-based electric vehicle brand Zeekr Intelligent Technology Holding said on Friday it was aiming to raise up to $367.5 million in its U.S. initial public offering.
Bulls Were Right to Reward Apple (AAPL)
Bulls were right to reward Apple this week, but the worst economic data in more than a year is no cause for celebration, says OJ. The Risk Radar closes the week with one more key change.
Could Higher for Longer Be Even Longer Than We Think?
What does higher for longer really mean? Investors have faced an inflation storyline for almost four years now since the global pandemic threw supply chains into chaos.
Treasury Yields Snapshot: May 3, 2024
The yield on the 10-year note ended May 3, 2024 at 4.50%, the 2-year note ended at 4.81%, and the 30-year at 4.66%. Here is a table showing the yields' highs and lows and the FFR since 2007.
Tesla is pulling out all the stops to get Elon Musk his $47 billion pay package
Tesla's board urged shareholders in a video to vote for CEO Elon Musk's $47 billion pay package. A Delaware court had canceled his 2018 CEO performance award.
Here's how much Buffett's Berkshire Hathaway could make from Apple's dividend hike
Buffett, the CEO of Berkshire Hathaway, famously loves stocks that pay dividends to shareholders and is therefore likely thrilled that Apple Inc. AAPL, +5.98% announced Thursday it will increase its c...
Wall Street joins Main Street in the bear cave for next week as gold's price momentum wanes
(Kitco News) – The gold market had plenty to digest this week, with manufacturing and services sector data, nonfarm payrolls, and the FOMC rate decision, and while precious metals prices did see a boo...
Exxon to take up to two years to hit stride with Pioneer purchase
Exxon Mobil will take 18 to 24 months to achieve its desired production synergies from its $60 billion purchase of U.S. shale oil producer Pioneer Natural Resources, the company's top shale executive ...
Gold is overvalued now and won't help you beat inflation in coming years
Gold GC00, +0.05% as an investment is likely to lag U.S. inflation by more than 7% a year over the next decade. That's the implication of new research titled “Is There Still a Golden Dilemma?