Wall Street punishes Alphabet and Microsoft despite earnings beats

Wall Street punishes Alphabet and Microsoft despite earnings beats

Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. Anna Moneymaker | Getty Images Results were good, but not good enough. That’s Wall Street’s reaction to quarterly results on Tuesday from Alphabet and Microsoft. … Read more

Alphabet (GOOGL) Q4 earnings report 2023

Alphabet (GOOGL) Q4 earnings report 2023

Alphabet CEO Sundar Pichai walks to lunch at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 12, 2023. David Paul Morris | Bloomberg | Getty Images Alphabet is scheduled to report fourth-quarter earnings Tuesday after the market closes. Here’s what analysts are expecting: Earnings: $1.59 per share, adjusted, according … Read more

The future of computing and entertainment

The future of computing and entertainment

Apple Vision Pro Todd Haselton | CNBC It’s night. I’m at a lake near Oregon’s Mount Hood, sitting on the beach. Jazz music is playing as I write. I’m not in the real world. Well, I sort of am.  I’m wearing Apple’s new Vision Pro headset, which looks like a fancy pair of glowing ski … Read more

Jim Cramer’s top 10 things to watch in the stock market Tuesday

Jim Cramer’s top 10 things to watch in the stock market Tuesday

My top 10 things to watch Tuesday, Jan. 30 Wall Street under some pressure early Tuesday ahead of a flood of after-the-bell earnings. The Dow and the S & P 500 on Monday both closed at record highs for the sixth time in 2024. The Nasdaq finished roughly 3.5% away from its November 2021 record … Read more

Tech companies focused on enterprise customers are dominating

Tech companies focused on enterprise customers are dominating

CNBC’s Jim Cramer on Monday said tech companies dominate the market because their primary customers are cash-rich businesses, not strapped consumers. “We have a market made of companies that sell into the enterprise and those stocks are doing fabulously,” he said. “Then we have even more companies who serve the consumer, which is a much … Read more

What to expect when Apple reports quarterly earnings this week

What to expect when Apple reports quarterly earnings this week

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 Monday’s key moments. 1. U.S. stocks were mixed Monday to kick off another busy earnings week. The S & P 500 and blue-chip Dow edged lower, while the tech-heavy Nasdaq notched small gains. … Read more

5 things to know before the stock market opens Monday

5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day: 1. Rates and robots For the main factors driving stocks, there are few bigger weeks than the one ahead. The Federal Reserve, which has so far succeeded in its push to curb inflation without triggering a recession in the U.S., … Read more

Amazon terminates iRobot deal, vacuum maker to lay off 31% of staff

Amazon terminates iRobot deal, vacuum maker to lay off 31% of staff

The iRobot headquarters in Bedford, Massachusetts, US, on Friday, June 16, 2023. Amazon.com Inc.’s proposed $1.7 billion deal to buy robot vacuum firm iRobot Corp. was given the all-clear by the UKs antitrust agency. Photographer: Sophie Park/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Amazon said on Monday it would not move forward … Read more

Earnings take center stage, but don’t sleep on Fed, Treasury

Earnings take center stage, but don’t sleep on Fed, Treasury

We’ve been relatively free of actions by the Treasury and the Federal Reserve for some time now. The intrusion into the market at the end of October and early November seems like ancient history. This week, however, could change all that. Two releases on Wednesday — the Federal Open Market Committee statement and the Treasury’s … Read more

Three decades in, Amazon still working on its original books business

Three decades in, Amazon still working on its original books business

Snippets from online Amazon customer reviews as well as star ratings are displayed for books at one of the original Amazon Books stores opened in Seattle, Washington in 2015. In 2022, Amazon shut down its physical bookstore business. Stephen Brashear | Getty Images News | Getty Images Within its first month of coming to life … Read more