Shoppers pass an Under Armour store in White Plains, New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell: Micron Technology — The semiconductor stock slumped about 2% ...
Tag: Technology
Comcast Keeps Raising Prices, but Customers Have Another Choice
Comcast (CMCSA) – Get Free Report prices move in only one direction. Every year, more or less, they always go up. That’s because the cable and internet giant largely has a captive audience...
Cramer’s Investing Club meeting Wednesday: Santa Claus rally, Starbucks
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 Wednesday’s key moments. Santa Claus rally may be...
New top House Republican on markets isn’t as anti-ESG as some GOP want
Rep. Patrick McHenry (R-NC) and Chairman of the House Financial Service Committee Maxine Waters (D-CA) listen as David Marcus, CEO of Facebook’s Calibra, testifies on “Examining Facebook’s...
Test driving GM, Ford and Tesla ‘hands-free’ systems
The 2023 Lincoln Corsair will offer the company’s next-generation ActiveGlide hands-free advanced driver assistance system (ADAS) for highway driving including lane-changing, in-lane positioning...
Investments could flow back into China as companies avoid U.S. delisting
Chinese e-commerce giant Alibaba was one of the 100 over companies that had faced the risk of delisting in the U.S. in 2024 if their audit information was not made available to PCAOB inspectors. Budru...
Indicted FTX founder Sam Bankman-Fried to return to U.S. after hearing
Sam Bankman-Fried, co-founder of FTX, is escorted out of the Magistrate’s Court in Nassau, Bahamas, on Monday, Dec. 19, 2022. Tristan Wheelock | Bloomberg | Getty Images FTX founder Sam Bankman-...
BlackBerry’s third quarter tops Wall Street’s earnings expectations
Cybersecurity and Internet-of-Things company BlackBerry Ltd. late Tuesday reported quarterly results that topped Wall Street expectations, although shares did little in after-hours trading. BlackBerry...
Payments Giant Visa Proposes Using Ethereum L2 Starknet to Bolster Auto Payments for Self-Custodial Wallets – Technology Bitcoin News
Visa, the financial services corporation headquartered in San Francisco, California, published a blog post that talks about leveraging ethereum and the layer two (L2) scaling solution Starknet so peop...
Auto execs less confident in EV adoption amid economic fears: KPMG
A NYC charging station seen in the Yorkville neighborhood of New York City. Adam Jeffery | CNBC DETROIT — Global automotive executives are less confident about the rate of adoption of electric vehicle...
Marco Rubio and Ro Khanna say U.S. needs manufacturing investment
The exterior of the U.S. Capitol is seen at sunset in Washington, U.S., December 13, 2022. Sarah Silbiger | Reuters Sen. Marco Rubio, R-Fla., is vice chairman of the Senate Select Committee on Intell...
QuantumScape starts shipping EV battery prototypes
In this photo illustration the QuantumScape logo is seen on a smartphone and a pc screen. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Electric vehicle battery startup QuantumScape said Tu...
Lucid raises $1.5 billion from Saudi public wealth fund, others
Lucid Motors CEO Peter Rawlinson claps after ringing the opening bell at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business ...
Tesla Stock Just Keeps Falling. The ‘Chart’ Is in Control.
Tesla stock was weak again despite the likelihood CEO Elon Musk will step down as head of Twitter, and earnings estimates for 2023 are staying remarkably stable. Investors are scrambling. They can’t, ...
Executives make media predictions for 2023
Back by popular demand (OK, fine, I just wanted to do this again), I asked a bunch of past and present media and entertainment executives to give me one significant and/or surprising industry predicti...
How Blockchain Technology is Having an Impact on Movie Making
It has become a common refrain that cinemas are dominated by big franchise blockbusters. But whereas this used to be an eccentric concern, now it is an accepted fact. At the same time, we see a more d...
Apple Christmas iPhone Sales Will Take Supply Chain Hit -JPMorgan
Apple (AAPL) – Get Free Report shares were active in pre-market trading Tuesday following a price target cut from analysts at JPMorgan and a muted holiday sales outlook. JPMorgan analyst Samik ...
Alphabet Stock: A Good Buy for 2023 and Beyond? Check the Chart.
It has been a difficult year for tech investors. The statement reflects the performance of most technology stocks, big and small — Alphabet (GOOGL) – Get Free Report (GOOG) – Get Free Re...
Here’s When to Buy Microsoft Stock (Again)
After a big bounce earlier this quarter, Microsoft (MSFT) – Get Free Report has not been trading all that well over the past few weeks. The stock has now declined in two straight weeks, and aft...
Nvidia Is a Top Pick for Next Year, Needham Says. Here’s Why.
Nvidia has been selected as one of Needham’s top picks for 2023. Analysts led by Rajvindra Gill, rate the stock as Buy, highlighting its “favorable risk/reward profile” and AI capabilities, among othe...
The Crypto Ice Age Is Here. What’s Ahead for Bitcoin.
For crypto investors, the only thing to celebrate about 2022 is that it is almost over. The industry is fighting for its life amid a cascade of scandals, bankruptcies, and fury in Washington over its ...
Sam Bankman-Fried will now surrender himself for extradition before Bahamian court Monday, says source
FTX founder Sam Bankman-Fried (2nd L) is led away handcuffed by officers of the Royal Bahamas Police Force in Nassau, Bahamas on December 13, 2022. Mario Duncanson | AFP | Getty Images FTX founder an...
11 high-yield dividend stocks that are Wall Street’s favorites for 2023
Investors love dividend stocks but there are different ways to look at them, including various “quality” approaches. Today we are focusing on high yields. A high dividend yield can be a warning that i...