Tom Rogers, Oorbit Media & Entertainment executive chairman, Newsweek editor-at-large, and fmr. NBC Cable president, joins ‘Fast Money’ with response to the FTC threatening ABC and the decision to pull Jimmy Kimmel off the air. Source link
Author: usaeverydaylife
Milorad Kravic | E+ | Getty ImagesWhen buying a car, whether new or used, experts say that a specific framework can be a great starting point to keep costs down. The so-called “20-4-10” rule uses three components to help you determine if a car purchase is affordable: the ideal down payment, the maximum recommended auto loan term and the share of your income that experts say should go to vehicle-related costs per month.Not only does the framework help you stay within your budget, but some aspects can also keep you from becoming “underwater” or “upside down” on a car, or owing…
Meta Chief Product Officer Chris Cox said on Thursday that smart glasses are the future of computing devices.”We talk to them, we will see with them, we will use gestures the same way we interact with each other to interact with our computers,” Cox told CNBC’s Julia Boorstin. “The interfaces will get more natural, and so we certainly believe that the next really important wearable technology is going to be a pair of glasses.”The $799 Meta Ray-Ban Display glasses, which were revealed on Wednesday, have a small in-lens display that is controlled with hand movements using a neural wristband.Users will be able…
Investor conviction in ByteDance’s potential has climbed since Washington and Beijing this week reached a framework agreement on the long-contested future of TikTok in the U.S., several dealmakers told CNBC. Existing shareholders are not planning to sell in the wake of the TikTok deal, said LU Shihui, partner at Envision Capital which has facilitated investments in ByteDance, adding that the company’s valuation had already been rising for the past few months. While certain deals have valued ByteDance at $300 billion to $350 billion, the latest figure is $400 billion, significantly higher than around $230 billion seen earlier this year, LU…
Check out the companies making the biggest moves midday: FactSet Research Systems — Disappointing earnings and full-year guidance sent shares 6% lower. The company’s adjusted-fourth quarter earnings came in at $4.05 per share, lower than the $4.13 a share expected from analysts polled by FactSet. It guided for adjusted earnings between $16.90 and $17.60 for the full year, versus the $18.25 consensus estimate. However, fourth-quarter revenue topped expectations. Wynn Resorts — The casino operator rose 2% after Stifel raised its price target to $145 due to international gaming market tailwinds. The new forecast signals upside of more than 17% from…
Citi isn’t buying the hype around Intel after it announced its partnership with Nvidia , telling clients the former is likely to continue struggling. The bank downgraded Intel to sell from neutral. Although it raised its price target to $29 from $24, that figure still signals 5.1% downside. “We downgrade Intel … given our belief the stock is pricing in success in its leading-edge foundry business, which we believe has minimal chance to succeed,” Citi analyst Christopher Danely said in the note. Intel said Thursday that Nvidia would invest $5 billion in the company, sending the stock up more than 22%. That…
The final trades of the day with the Fast Money traders. Source link
A trader reacts on the floor at the New York Stock Exchange on Aug. 22, 2025.Brendan McDermid | ReutersStocks rose on Friday, with major U.S. indexes notching weekly gains, as the Federal Reserve’s decision to cut interest rates set in investors’ minds.The Dow Jones Industrial Average added 172.85 points, or 0.37%, to close at 46,315.27, reaching a fresh record high. The S&P 500 settled up 0.49% at 6,664.36, while the Nasdaq Composite advanced 0.72% to finish at 22,631.48.The small-cap Russell 2000 dipped 0.7%, taking back some gains this week after the index touched a fresh record high earlier in the…
Lisa Cook, governor of the US Federal Reserve, speaks at the Peterson Institute For International Economics in Washington, DC, US, on Thursday, Oct. 6, 2022.Al Drago | Bloomberg | Getty ImagesThe Trump administration on Thursday asked the Supreme Court to lift lower court rulings that have blocked President Donald Trump from firing Federal Reserve Governor Lisa Cook.The request came a day after Cook participated in a meeting of the Fed’s Federal Open Market Committee, which decided to cut its benchmark overnight lending rate by a quarter percentage point.”This application involves yet another case of improper judicial interference with the President’s…
Co-founder and chief executive officer of Nvidia Corp., Jensen Huang attends the 9th edition of the VivaTech trade show in Paris on June 11, 2025. Chesnot | Getty Images Entertainment | Getty ImagesNvidia has just shelled out over $900 million to hire Enfabrica CEO Rochan Sankar and other employees at the artificial intelligence hardware startup, and to license the company’s technology, CNBC has learned.In a deal reminiscent of recent AI talent acquisitions made by Meta and Google, Nvidia is paying cash and stock in the transaction, according to two people familiar with the arrangement. The deal closed last week, and…
