Banking troubles again roil markets

Banking troubles again roil markets

The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1, 2024. Bing Guan | Bloomberg | 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 need to know, no matter where they are. … Read more

Google Gemini AI launches in new app, subscription

Google Gemini AI launches in new app, subscription

Google on Thursday announced a major rebrand of Bard, its artificial intelligence chatbot and assistant, including a fresh app and subscription options. Bard, a chief competitor to OpenAI’s ChatGPT, is now called Gemini, the same name as the suite of AI models that power the chatbot. Google also announced new ways for consumers to use … Read more

Banking fears stir once again

Banking fears stir once again

A sign is pictured above a branch of the New York Community Bank in Yonkers, New York, U.S., January 31, 2024. Mike Segar | Reuters T his report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more

Tech layoffs continue to hit

Tech layoffs continue to hit

FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Stocks … Read more

Meta is trouncing Snap in Digital ads — here’s why

Meta is trouncing Snap in Digital ads — here’s why

In this screengrab, CEO of Snap Inc. Evan Spiegel takes the stage at the virtual Snap Partner Summit 2021 on May 20, 2021 in Los Angeles. Snap Partner Summit 2021 – Snap Inc | Getty Images The online ad market is bouncing back. But the spoils are not being evenly shared. After Meta blew away … Read more

No letup in tech layoffs

No letup in tech layoffs

Justin Tallis | AFP via 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 need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Stocks advanceU.S. stocks gained … Read more

Amazon cuts hundreds of jobs in Pharmacy, One Medical units: Read memo

Amazon cuts hundreds of jobs in Pharmacy, One Medical units: Read memo

Amazon has eliminated hundreds of jobs in its Pharmacy and One Medical divisions, the company confirmed to CNBC. “As we continue to make it easier for people to get and stay healthy, we have identified areas where we can reposition resources so we can invest in invention and experiences that have a direct impact on … Read more

Why Wall Street analysts think Big Tech stocks will take a breather

Why Wall Street analysts think Big Tech stocks will take a breather

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 Tuesday’s key moments. 1. U.S. stocks were mixed Tuesday, on a muted performance from Big Tech. Citigroup strategists warned that tech stocks may stall out after monstrous gains. “The large consensus positioning is … Read more

Sonos (SONO) earnings report Q1 2024

Sonos (SONO) earnings report Q1 2024

Patrick Spence, president and CEO of Sonos, speaks during a Bloomberg Technology Television interview in San Francisco on Feb. 11, 2019. David Paul Morris | Bloomberg | Getty Images Sonos shares rose over 12% in extended trading Tuesday after the speaker company reported fiscal 2024 first-quarter sales and earnings that exceeded Wall Street expectations. Here’s … Read more

Wall Street anxious over Fed concerns

Wall Street anxious over Fed concerns

U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the headquarters of the Federal Reserve on January 31, 2024 in Washington, DC. The Federal Reserve announced today that interest rates will remain unchanged.  Anna Moneymaker | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC … Read more