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

AMD earnings report Q4 2023

AMD earnings report Q4 2023

Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019.  Steve Marcus | Reuters AMD reported fourth-quarter earnings on Tuesday that were in line with analyst expectations, while the company’s revenue beat estimates, but AMD offered … 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

Apple iPhone shipments may drop in 2024, analyst Ming-Chi Kuo says

Apple iPhone shipments may drop in 2024, analyst Ming-Chi Kuo says

Apple CEO Tim Cook holds a new iPhone 15 Pro during the Wonderlust project launch event at the company’s headquarters in Cupertino, California, Sept. 12, 2023. Loren Elliott | Reuters Shipments of iPhones are likely to take a hit this year due largely to the growing popularity of foldable phones and Huawei’s resurgence in the … 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

Fed rate cut timing in focus

Fed rate cut timing in focus

A trader reacts as a screen displays the Fed rate announcement on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023.  Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything … 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

Alibaba-backed Xreal claims it’s an AR glasses unicorn

Alibaba-backed Xreal claims it’s an AR glasses unicorn

Xreal Air 2 in action. Xreal’s augmented reality glasses is compatible with gaming consoles and can allow users to play games on a large virtual screen Xreal BEIJING — Alibaba-backed augmented reality glasses company Xreal said Monday it received $60 million in new funding, giving the company a valuation of more than $1 billion. That … Read more

Fed rate cut path in sharp focus

Fed rate cut path in sharp focus

Traders react as a screen displays the Fed rate announcement on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on … Read more