Dell Technologies CEO Michael Dell told CNBC’s Jim Cramer on Tuesday why he thinks the PC refresh cycle is beginning, citing new technology as well as the upcoming “end of life” for Windows 10.”It’s sort of undeniable now that, that the refresh is starting, Dell said. “There’s a large install base, we’re seeing it definitely start, and now, with all the new capabilities that we have with AI PCs.”He spoke from Nvidia’s GTC conference, an annual event where companies display developments in artificial intelligence. Dell Technologies is one of several PC makers to partner with Nvidia, whose new chips will…
Author: usaeverydaylife
The Chinese national flag fluttering with the Lujiazui Financial District in the background.Vcg | Visual China Group | Getty ImagesA rally in Chinese stocks since the start of the year is prompting investors to predict that mainland shares will outperform their American peers in a sign that attractive valuations are trumping the idea of American exceptionalism.Last week, the S&P 500 slipped into correction territory for the first time since 2023. In contrast, the MSCI China index has gained 19% since the start of the year, to Mar. 9, according to Goldman Sachs, marking its best start to a year in…
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China.Cheng Xin | Getty Images News | Getty ImagesTencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue.Here’s how Tencent did in the fourth quarter of 2024 versus Refinitiv estimates:Revenue: 172.4 billion Chinese yuan ($23.9 billion) versus 168.9 billion yuan expectedProfit attributable to equity holders of the company: 51.3 billion yuan versus 46.03 billion yuan expectedWhile Tencent is one of the world’s biggest gaming companies, the tech giant has…
MMR vaccine administer prep is pictured during a drive at the City of Lubbock Health Department in Lubbock, Texas, U.S. Feb. 27, 2025.Annie Rice | ReutersA version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions.I’m here to bring you the latest on the measles outbreak in the U.S.The nation declared measles eliminated 25 years ago, meaning there was no continuous transmission of the disease for more than a year thanks to a highly effective vaccine for it. But now, one of the…
The mayor of Istanbul, Ekrem Imamoglu, one of Turkey’s most prominent opposition politicians, was arrested on Wednesday morning on charges related to corruption and terrorism, the city’s prosecutor’s office said.A large group of police officers arrived at Mr. Imamoglu’s house and took him away, and a number of his aides were also detained. Prosecutors said arrest warrants had been issued for more than 100 people.Mr. Imamoglu has been seen as a likely contender in the next presidential election, scheduled for 2028, although early elections are likely. He and other opposition figures have accused President Recep Tayyip Erdogan’s government of seeking…
Jonathan Nicholson | NurPhoto | Getty ImagesThe British unit of Spanish lender Santander on Wednesday said 750 of its staff were at risk of redundancy as it targets 95 branch closures in the U.K.The decision is part of the bank’s broader plans to update its presence from June 2025 and will bring Santander UK’s network to 349 branches, including 290 that are full-service, 36 operating with reduced hours and 18 that are counter-free and five Work Cafes.”Closing a branch is always a very difficult decision and we spend a great deal of time assessing where and when we do this…
Istanbul Mayor Ekrem Imamoglu on Feb. 27, 2025 in Ankara, Turkey.Serdar Ozsoy | Getty Images News | Getty ImagesTurkish authorities ordered the detention of Istanbul Mayor Ekrem Imamoglu and about 100 others, including journalists and businessmen, as part of a corruption investigation, the Sabah news website said on Wednesday.Early in the morning, Imamoglu’s media adviser Murat Ongun said in a post on X that he was being detained without giving a reason.Imamoglu said on X that hundreds of police are in front of his house, adding that he would not give up and would continue standing straight in the face of pressure.Dozens of riot police were present in front of Imamoglu’s, house according to live footage by broadcaster…
The Bank of England in London on Feb. 12, 2024.Henry Nicholls | Afp | Getty ImagesThe Bank of England is widely expected to hold interest rates when it meets on Thursday, as the U.K. faces economic headwinds both at home and abroad.The central bank is highly likely to keep its benchmark interest rate at 4.5% at its March meeting, given the unpredictability of President Donald Trump’s trade tariffs and a fledgling global trade war, and how those factors could affect inflation in the U.K.The BOE is also convening as the U.K economy shows signs of stalling, with monthly growth data…
Customers browse children’s clothing at a wholesale store in Chongqing, China, on March 1, 2025.Cheng Xin | Getty Images News | Getty ImagesBEIJING — Among the top five priorities China has laid out for boosting consumption is child care subsidies.It’s an effort to tackle the country’s rapid drop in births, while freeing up cash for discretionary spending.As with many Chinese policies, the plan released Sunday only lays out a framework: “Strengthen support for childbirth and raising children. Research and establish a system for subsidizing child care.” That’s according to a CNBC translation of the Chinese.Beijing is moving relatively quickly, however.The…
A new era of 3D printing “microfactories” is helping to turn waste plastics into “highly competitive” products fit for use in the construction industry, according to Veena Sahajwalla, professor and founding director of UNSW Sustainable Materials Research and Technology (SMaRT) Centre.Speaking to CNBC’s Mandy Drury at Schneider Electric’s Sydney Innovation Summit on Monday in Australia, Sahajwalla said manufacturers had to direct their thinking around sustainability toward profitability.”It’s not about saying, well I’m making it because its green. Actually, that should be the last thing. The first thing has to be profitability, does it work? Is it showing the right performance?”…
