ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC’s “Fast Money” team discusses Apple’s stock price after it closed at a record high following news of strong iPhone 17 sales in the U.S. and China.06:23Mon, Oct 20 20255:20 PM EDT Source link
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Jim Cramer on Mad Money, June 14, 2022.Scott Mlyn | CNBCDespite all eyes on the Magnificent Seven, CNBC’s Jim Cramer said that strong earnings results from companies in the “real economy” were responsible for Tuesday’s rally.”We got some tremendous numbers from actual businesses,” Cramer said. “And I think we need to celebrate that so many companies not connected to the data center or artificial intelligence can be doing this well.”The Magnificent Seven, which consists of tech megacaps Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla, makes up about 35% of the entire S&P 500.Although large concentration of these AI-driven companies…
Watch CNBC’s exclusive interview with UniCredit CEO Andrea Orcel as he discusses earnings, strategic investments and the future of European banking consolidation. Source link
Chinese tech company Baidu announced Wednesday its Apollo Go robotaxi arm has entered a strategic partnership with PostBus in Switzerland.BaiduBEIJING — Chinese tech giant Baidu announced Wednesday that its robotaxi unit will start test drives in Switzerland in December, as firms race to get their vehicles on European roads. The company’s Apollo Go unit will work with Swiss public transit operator PostBus through a strategic partnership, Baidu said.By the first quarter of 2027, the companies aim to begin operating a public-facing fully driverless taxi service called “AmiGo” that uses Apollo Go’s RT6 electric vehicles, the press release said. Baidu added…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC’s “Fast Money” team discusses whether earnings results from high-performing tech stocks pose a market risk with Stuart Kaiser, head of U.S. equity trading strategy at Citi.04:15Mon, Oct 20 20255:24 PM EDT Source link
Apple CEO Tim Cook met with Labubu artist Kasing Lung during a trip to China in Oct. 2025, as pictured here on the iPhone company’s official Xiaohongshu account.ScreenshotThis report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here.The big storyWhile Nvidia’s market share has gone to zero in China due to U.S. restrictions, Apple is seeing local iPhone demand pick up.It’s no small feat for Apple. On top of escalating U.S.-China trade tensions and sluggish consumer spending, the smartphone company faces an onslaught of…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC’s “Fast Money” team discusses Netflix’s upcoming earnings, the company’s performance and more with Tom Rogers, founder of CNBC, senior advisor for Versant Media and executive chairman of Clagrid Inc.05:33Mon, Oct 20 20256:02 PM EDT Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC’s MacKenzie Sigalos reports on the status of Amazon’s AWS outage that caused widespread service disruptions.01:40Mon, Oct 20 20256:12 PM EDT Source link
People walk past independent retailers on the Old High Street in Folkestone, UK, on Friday, Oct. 17, 2025. Inflation has surged on food and energy costs this year, with figures forecast to show it hitting 4% in September double the 2% target.Bloomberg | Bloomberg | Getty ImagesThe U.K.’s annual inflation rate was unchanged at 3.8% in September, a surprise reading after economists and the Bank of England expected price rises to peak last month. The data, released by the Office for National Statistics (ONS) on Wednesday, means the rate has now been unchanged for three months in a row.The Bank…
One Churchill Place skyscraper, the Barclays Plc headquarters, at Canary Wharf in London, U.K., on Thursday, Jan. 7, 2021. Bloomberg | Bloomberg | Getty ImagesBritish lender Barclays reported a profit on Wednesday as it announced a surprise £500 million ($667 million) share buyback.”We have been robustly and consistently generating capital for our shareholders consecutively over the last nine quarters,” CEO C. S. Venkatakrishnan said in a statement. “Consequently, we have decided to bring forward a portion of our full-year distribution plans, with a £500m share buyback announced today and we now plan to move to quarterly share buyback announcements. Our consistent…
