Joint Center for Energy Storage Research Director Dr. George Crabtree (left) shows then-President … [+] Obama a hybrid Chevy Volt used for testing during Obama’s tour of the Argonne Nation...
Tag: Technology
IRS pauses rule requiring people to report PayPal, Venmo transactions over $600. Here’s what went wrong.
To avert taxpayer confusion in the upcoming tax season, the IRS is delaying a rule that would have required e-commerce sites and payment platforms like eBay EBAY, +0.12%, Etsy ETSY, -0.32% and PayPal ...
Caroline Ellison Apologizes for Misconduct in FTX Collapse
Caroline Ellison, a close associate of FTX founder Sam Bankman-Fried, apologized in court this week as she pleaded guilty to fraud and other offenses, telling a judge that she and others conspired to ...
YouTube NFL Sunday Ticket deal is a win for traditional TV networks
Los Angeles Chargers running back Austin Ekeler, center, runs for extra yardage while Tennessee Titans linebacker Monty Rice, left, and safety Andrew Adams (47) attempt a tackle during the second half...
Amazon Nightmare Is Reminiscent of the Dotcom Collapse
It’s a dark year for Amazon. A year to forget. The e-commerce giant undoubtedly wants to put 2022 behind it and get out of what appears to be a real stock market nightmare. The numbers speak f...
Elon Musk Returns To Old Promises And Insane Prediction
Elon Musk has heard the critics. Though he does not admit to having neglected the manufacturer of electric vehicles Tesla (TSLA) – Get Free Report since he decided to buy Twitter, the whimsica...
Stocks remain overpriced, even vs. the dot-com bubble. But you can still find good picks in these 2 sectors.
After stocks surged to their best gains in three weeks following strong consumer sentiment data, Thursday is looking less spirited with stocks in the red as we close in on the long Christmas weekend. ...
How the market got it wrong
The crypto market has been battered this year, with more than $2 trillion wiped off its value since its peak in Nov. 2021. Cryptocurrencies have been under pressure after the collapse of major exchang...
This Indian sports tech startup lost millions — then made it big
Losing millions of dollars when they were 24 years old was a defining moment for entrepreneurs Harsh Jain and Bhavit Sheth. It felt “pretty terrible,” said Jain. “There’s no o...
Bankman-Fried execs likely to be freed on bail after FTX fraud pleas
Damian Williams, US attorney for the Southern District of New York, speaks during a new conference at the US Attorney’s Office-Southern District of New York (SDNY) in New York, US, on Tuesday, D...
Coinbase plunges 86% in 2022, amid FTX-inspired slump. But one analyst says ‘you have to have a multiyear time frame.’
Hello there and seasons greetings! This is Mark DeCambre, Editor in Chief at MarketWatch. The hottest story in crypto land remains FTX, even as we hurtle toward 2023. It is a fast-evolving situation. ...
Sam Bankman-Fried to be released on $250 million bond after first U.S. hearing
Accused crypto crook Sam Bankman-Fried was released from custody Thursday on a $250 million bond, following the FTX founder’s first appearance in a U.S, court on fraud charges. Bankman-Fried walked ou...
NFL Sunday Ticket goes to YouTube in $2 billion annual deal
The National Football League announced Thursday its “Sunday Ticket” subscription package would go to Google‘s YouTube TV starting next season, marking the league’s second media...
Jim Cramer’s Investing Club meeting Thursday: Estee Lauder, NFL deal
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. Buy EL before day-end We ...
Cramer says he likes these technology and real-estate stocks for 2023
CNBC’s Jim Cramer on Wednesday highlighted technology and real estate stocks he believes can perform well in 2023, following a dismal year for both sectors. Rising interest rates presented chall...
Tesla’s $7,500 Discount Is Great for Buyers. Less So for Investors.
Tesla is upping the discount car buyers can get if they take delivery of a new electric vehicle by the end of the year. It’s great for car buyers. It’s a test for investors. Tesla ‘s U.S. website now ...
Nvidia, AMD, and Other Chip Stocks Slip After Micron Disappoints
Chip stocks were down early Thursday after Micron Technology reported weak results and said demand for semiconductors had softened. Nvidia (ticker: NVDA) declined 0.7% in premarket trading. Advanced M...
Earn extra money with a side gig—here are 6 good ones for retirees
If inflation and the gyrating stock market has you fretting over your financial security in retirement, you’re not alone. Fully 71% of boomers recently surveyed by Bankrate said they are behind on ret...
Assessing the role of ‘Distributed Validator Technology’ in ETH’s anticipated growth
Ethereum’s upcoming technological update could have a positive impact on its validators. The king altcoin’s MVRV ratio and transaction count declined over the past few days. In the coming days, one of...
Bill Miller Is Still Bullish on Bitcoin—and a Lot More
Professional athletes like to retire after a good run. Legendary value investor Bill Miller is taking a different route. Miller, 72, is sticking with the plan he announced in January to hang up his in...
Micron Sees Late ’23 Memory Rebound. But It’s Cutting Staff And Trimming CapEx.
Micron Technology posted soft results for its fiscal first quarter ended Dec. 1, but the chip maker projected a sharp improvement in conditions for the memory market in the second half of the company’...
Visa, Mastercard are ‘great defensive names’ for 2023, but PayPal and Coinbase stocks could be set for a rebound, analysts say
Whether you’re looking to scoop up some beaten-down bargains or trying to play it safe, analysts see potential in the payments sector heading into the new year. With a potential recession on many inve...
Micron sales could dive more than 50%, and more belt-tightening is expected before outlook improves
Micron Technology Inc.’s revenue declines could worsen to more than 50% before inventory-saturated customers work though that product and boost sales in the second half of 2023, but before then the me...
Investor Daniel Loeb Unleashes Criticism of Ark’s Cathie Wood
Star investor Daniel Loeb, chief executive of Third Point, is none too impressed with his counterpart Cathie Wood, chief executive of Ark Investment Management. Ark’s exchange-traded funds (ETFs) have...
A Tesla Bull Sees Demand Softening. The Price Target Is Cut Again.
Elon Musk’s actions with Twitter aren’t the only thing concerning Tesla fans as the electric-vehicle stock heads for its worst-ever quarter. Tesla (ticker: TSLA) is now facing competitive headwinds in...