U.S. stocks fall; 10-year Treasury yield drops below 4%

U.S. stocks fall; 10-year Treasury yield drops below 4%

A trader works during the closing bell at the New York Stock Exchange (NYSE) on March 17, 2020 at Wall Street in New York City.  Johannes Eisele | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they … Read more

AAPL, AMZN, INTC and more

AAPL, AMZN, INTC and more

Customers are trying on and learning about Apple Vision Pro headsets at an Apple store in Shanghai, China, on July 22, 2024.  Costfoto | Nurphoto | Getty Images Check out the companies making headlines in extended trading: Apple — Shares of the iPhone maker inched higher, as the company beat analysts’ estimates on the top … Read more

AWS Q2 earnings report

AWS Q2 earnings report

Amazon Web Services CEO Matt Garman speaks during CNBC Power Lunch on July 1, 2024. CNBC Amazon said Thursday that revenue in its cloud division increased 19% in the second quarter, beating analysts’ estimates. The company reported revenue for Amazon Web Services of $26.28 billion. Analysts surveyed by StreetAccount had expected $26.02 billion. AWS is … Read more

Solar stock Nextracker’s strong quarter is eclipsed by backlog concerns

Solar stock Nextracker’s strong quarter is eclipsed by backlog concerns

Shares of Nextracker dropped in extended trading Thursday as questions about the solar technology firm’s backlog of projects overshadowed its better-than-expected quarterly results. Revenue in its fiscal 2025 first-quarter rose 50% year over year to $719.9 million, far ahead of the $617.5 million expected by analysts, according to LSEG. Adjusted earnings per share (EPS) also … Read more

Amazon’s advertising business grew 20% in the second quarter

Amazon’s advertising business grew 20% in the second quarter

Future Publishing | Future | Getty Images Amazon’s online advertising business brought in $12.77 billion during the second quarter, marking a 20% year-over-year increase, but missing analysts’ estimates. Amazon disclosed the latest quarterly financial results of its online advertising unit on Thursday when it reported its second-quarter earnings. The company’s overall second-quarter sales were $147.98 … Read more

Amazon says distraction of Olympics, Trump shooting caused weak guide

Amazon says distraction of Olympics, Trump shooting caused weak guide

Andy Jassy, chief executive officer of Amazon.Com Inc., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon is pointing to an unusually busy news cycle as one of the drivers behind its weak revenue forecast. On a call with reporters following the … Read more

P&G’s rally signals economic worries are back — plus, we’re downgrading a consumer stock

P&G’s rally signals economic worries are back — plus, we’re downgrading a consumer stock

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks tumble: It’s another tough day on Wall Street with the S & P 500 giving back roughly all its gains from Wednesday and for the … Read more

Eli Lilly bucks the down market on a case for wider coverage of its weight-loss drug

Eli Lilly bucks the down market on a case for wider coverage of its weight-loss drug

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. Stocks moved higher Thursday, extending Wednesday’s rally following comments from the Federal Reserve that hinted at a possible interest rate cut in September. The market also benefited from Meta ‘s … Read more

Amazon (AMZN) Q2 earnings report 2024

Amazon (AMZN) Q2 earnings report 2024

Amazon CEO, Andy Jassy speaking with CNBC’s Jim Cramer on Mad Money in Seattle, WA. on Dec. 6th, 2023. CNBC Amazon is set to report second-quarter earnings after the bell on Thursday. Here’s what analysts polled by LSEG are expecting: Earnings per share: $1.03 Revenue: $148.56 billion Wall Street is also looking at these key … Read more

Here’s what it means for U.S. tech firms

Here’s what it means for U.S. tech firms

The European Union’s landmark artificial intelligence law officially enters into force Thursday — and it means tough changes for American technology giants. The AI Act, a landmark rule that aims to govern the way companies develop, use and apply AI, was given final approval by EU member states, lawmakers, and the European Commission — the … Read more