Axon Enterprise CEO Rick Smith told CNBC’s Jim Cramer on Wednesday how the company, which makes technology and equipment for law enforcement, is trying to help police reduce gun use.”We are on a mission to make the bullet obsolete, and specifically cut gun deaths in policing by 50% over the next ten years,” he said. “We’re going to do that with tasers, body cameras, cloud software, and now we’ve got an AI business that’s on fire.”Axon impressed investors when it reported earnings Tuesday night, with shares closing up more than 15% during Wednesday’s session and continuing to see gains in…
Author: usaeverydaylife
Sharief al-Homsi shivered, clutched his arms and pretended to go through Syrian regime withdrawal.Standing before an audience in Damascus, he was telling a joke that would have been unthinkable until just a few weeks before, when President Bashar al-Assad was suddenly ousted after more than five decades of his family’s oppressive rule.“We need rehab centers. You can’t just take this guy away from our life like that — it has to be gradual,” the 33-year-old comedian and screenwriter said, describing the omnipresent posters and magazine spreads depicting the al-Assad dynasty, to laughter from the crowd. He continued to shake. “They’ll…
Signage at the Nvidia Corp. offices in Taipei, Taiwan, on Tuesday, Jan. 28, 2025. Photographer: An Rong Xu/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesU.S. chipmaker Nvidia’s auto segment revenue more than doubled in the latest quarter to a record high on strong demand for driver-assist software.While the company’s biggest revenue stream by far is chip systems that power artificial intelligence, Nvidia has predicted its products that power driver-assist technology could become its next “billion-dollar” business.Revenue of Nvidia’s automotive and robotics segment rose 103% year on year to $570 million in the fourth quarter of the 2025 fiscal year.…
CNBC’s Jim Cramer suggested uncertainty over tariff policies will continue to shape market action, saying stocks retreated on Wednesday after President Donald Trump discussed the matter at a cabinet meeting.”I can tell you that we’re entering a new, more mercurial world, where we have to start worrying about the president’s public appearances, because we don’t know which country, which continent, which ally he is going to attack next,” Cramer said.The indexes dropped from their highs throughout Wednesday’s session, but the S&P 500 managed to eke out a 0.01% gain, ending a four-day streak of losses. The Dow Jones Industrial Average…
The U.S.’ F-16 fighter jet performs during Aero India 2025, a military aviation exhibition at the Yelahanka Air Force Station in Bengaluru on Feb. 13, 2025.Idrees Mohammed | Afp | Getty ImagesThis report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here.The big storyIndia is already the world’s top weapons importer but that’s not stopping the country from strengthening its defense capabilities. New Delhi plans to spend about $200 billion over the next 10…
FILE PHOTO: The headquarters of the U.S. Food and Drug Administration (FDA) is seen in Silver Spring, Maryland November 4, 2009. Jason Reed | ReutersA crucial March meeting of vaccine advisors to the Food and Drug Administration has been canceled without explanation, a member of the advisory panel told CNBC on Wednesday. The meeting of the Vaccines and Related Biological Products Advisory Committee, or VRBPAC, is held every March to select flu strains for shots released in the upcoming fall and winter. But Dr. Paul Offit, a member of that panel, told CNBC that he received an email at 4:18 p.m. ET on…
A model of an UltraFan on the Rolls-Royce Holdings Plc stand on day two of the Farnborough International Airshow in Farnborough, UK, on Tuesday, July 23, 2024.Bloomberg | Bloomberg | Getty ImagesBritish aerospace group Rolls-Royce on Thursday posted stronger-than-expected full-year earnings after undertaking a “significant” transformation and declaring a £1 billion ($1.27 billion) share buyback.Rolls-Royce, which manufactures jet engines for commercial aircraft along with power systems for ships and submarines, upgraded its mid-term guidance after it beat analyst expectations for 2024 by posting a 57% increase in annual profit.The company also reinstated shareholder dividends and embarked on a £1 billion…
Reddit’s co-founder says Meta’s decision to end third-party fact-checking on its platforms was a “pragmatic” one, characterizing the move as a reversal of an unviable program.In January, just days before Donald Trump was sworn in as U.S. president for the second time, Meta announced it would end third-party fact-checking on its platforms, a program often criticized by Trump and conservatives for what they say unfairly targeted right-wing content.In a series of sweeping policy changes at the media giant, CEO Mark Zuckerberg announced he would install a community-based system instead.”It was a very pragmatic change,” Reddit co-founder Alexis Ohanian told CNBC…
Thailand on Thursday sent back 40 “illegal immigrants” to China, Chinese state media reported, hours after rights groups warned that Thailand was on the verge of repatriating dozens of Uyghur men who had fled persecution in China.The Uyghurs, a Muslim minority in China, possibly face torture and long-term imprisonment upon return to that country, rights groups have said. They were part of a wave of more than 300 Uyghur asylum seekers who fled China in 2014.They had hoped to use Thailand as a transit point to get to Turkey, which is home to a sizable Uyghur community. But more than…
US President Donald Trump holds a cabinet meeting at the White House in Washington, DC, on February 26, 2025. Jim Watson | Afp | Getty ImagesU.S. President Donald Trump threatened to impose 25% tariffs on imports from the European Union, claiming that the economic and political bloc was formed “to screw” the U.S.On Wednesday, during the first Cabinet meeting of his second term in office, Trump said that duties against Canada and Mexico would take effect on April 2 and that his trade measures will include a 25% tariff on goods from the EU.”We’ll be announcing it very soon,” he told reporters.…
