Gene Munster, Deepwater Asset Management, joins ‘Fast Money’ to talk tech earnings. Source link
Author: usaeverydaylife
Traders react after the closing bell on the floor at the New York Stock Exchange on March 20, 2024.Brendan Mcdermid | ReutersStock futures slid on Wednesday evening, as Wall Street absorbed a fresh batch of earnings reports from megacap technology names.S&P 500 futures lost 0.3%, and Nasdaq 100 futures fell about 0.5%. Futures tied to the Dow Jones Industrial Average declined 41 points, or 0.1%.In after-hours action, Meta Platforms dropped 3% after missing the Street’s expectations for user growth and warning that capital expenditures will rise in 2025. Microsoft’s revenue guidance disappointed investors, dragging shares nearly 4% lower.During regular trading Wednesday, the…
Mark Zuckerberg, CEO of Meta Platforms Inc., arrives for the Meta Connect event in Menlo Park, California, on Sept. 25, 2024.David Paul Morris | Bloomberg | Getty ImagesMeta has been so quick to build out its massive data center and computing infrastructure for artificial intelligence projects that CEO Mark Zuckerberg is even a bit surprised.In a call with analysts on Wednesday after Meta’s third-quarter earnings report, Zuckerberg explained to investors how Meta’s rising costs for the year are tied to the speed at which employees are able to get data centers, servers and chips for AI up and running. “Going…
Major League Baseball has banned the two New York Yankees fans who grabbed Los Angeles Dodgers right fielder Mookie Betts’ glove, pried it open and jarred the baseball loose from attending Game 5 of the World Series at Yankee Stadium on Wednesday night, a league spokesperson told The Athletic.Austin Capobianco, 38, from Connecticut, was ejected after the incident in the first inning of the Yankees’ 11-4 win in Game 4 on Tuesday night. Another fan, who ESPN identified as John Peter, was ejected alongside Capobianco. “Well, A for effort.” Fan interference was called on this play where a Yankee fan…
Kazuo Ueda, governor of the Bank of Japan (BOJ), speaks during a news conference at the central bank’s headquarters in Tokyo, JapanBloomberg | Bloomberg | Getty ImagesAsia-Pacific markets slipped Thursday as investors look to the Bank of Japan’s rate decision, as well as key business activity figures from China.Economists polled by Reuters expect the BOJ will hold rates at 0.25%, although the statement will be parsed for any clues on the timing of its next rate hike.In China, the National Bureau of Statistics is set to release the country’s official purchasing managers index numbers for September, with the manufacturing PMI…
Loretta Mester, Fmr. Cleveland Fed President & CEO, joins ‘Fast Money’ to talk what’s next for the Federal Reserve. Source link
There are few massive success stories that didn’t start out with some sort of failure.Amazon founder Jeff Bezos — now the second richest man in the world — had multiple failed attempts at building a platform for third-party sellers to list their products before founding the e-tail giant. Olympic champion gymnast Gabby Douglas credits her missteps on the floor for helping her adopt a resilient attitude. “It’s gonna sound weird, but success for me was failing,” she told CNBC Make It. “It was falling seven times. It was making mistakes. That way, I could go back in the gym and be…
Picking where to go on your next vacation just got a little bit easier.National Geographic has just released its “Best of the World 2025” list of the top global destinations, curated by a team of travel experts and international editors.The aim of the magazine’s list is to “highlight extraordinary places around the world” while focusing on aspects like adventure, culture, conversation and sustainability.”It is not only to celebrate these locations but also inspire adventure and promote responsible and meaningful travel,” National Geographic editor Starlight Williams tells CNBC Make It. “It’s the idea that no matter who you are as a…
The capital of Thailand welcomes millions of visitors each year, but only a select few get to enjoy all the luxury on offer. CNBC’s “First Class” takes you on a Bangkok tour like no other.Bangkok attracted more than 20 million visitors in 2023, making it one of the most visited cities in the world. Tourists on all budgets are attracted to its historic palaces, temples, bustling markets, and cultural heritage, but for those with cash to splash, the so-called ‘City of Angels’ also offers 5-star hotels, Michelin-starred restaurants and luxurious shopping malls.Get an insider’s look as CNBC’s First Class takes you…
Wrexham co-owners Ryan Reynolds and Rob McElhenney have welcomed New York-based Allyn family as new minority investors in the League One club.In a joint statement, the Hollywood actor duo said: “Wrexham has earned the world’s attention and we are focused on bringing on board world-class partners to help with the next phase of our growth.“We have been fortunate to get to know the Allyn family and we are blown away by their intelligence, kindness and commitment. They are exactly the type of partners we will need for this amazing endeavour.”A club statement added the investment “will help fuel the club’s…
