More mega tech earnings in spotlight

More mega tech earnings in spotlight

The share price of Facebook stock is seen at the Nasdaq stock market in New York. 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 … Read more

Hopes sink for March rate cuts

Hopes sink for March rate cuts

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following 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 … Read more

Dashed hopes for March rate cuts

Dashed hopes for March rate cuts

Traders work on the floor of the New York Stock Exchange during morning trading on January 31, 2024 in New York City.  Michael M. Santiago | 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 … Read more

Tech earnings not impressing Wall Street

Tech earnings not impressing Wall Street

The Nasdaq MarketSite in New York, June 9, 2023. Michael Nagle | 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. Like what you see? You can subscribe here. What … Read more

Tech earnings not good enough for Wall Street

Tech earnings not good enough for Wall Street

A trader works on the floor of the New York Stock Exchange Michael Nagle | 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. Like what you see? You … 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

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

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

iRobot shares tank 30% on report EU plans to block Amazon acquisition

iRobot shares tank 30% on report EU plans to block Amazon acquisition

Roomba robot vacuums made by iRobot are displayed on a shelf at a Target store in San Rafael, California, on Aug. 05, 2022. Justin Sullivan | Getty Images Shares of iRobot plunged more than 33% in extended trading on Thursday after a report said the EU’s antitrust watchdog intends to block Amazon‘s planned acquisition of … Read more

iRobot shares dip on report Amazon won’t offer EU concessions

iRobot shares dip on report Amazon won’t offer EU concessions

iRobot’s Roomba. Source: iRobot Shares of iRobot closed down 19% on Wednesday, after a report said Amazon will not offer concessions to Europe’s antitrust watchdog in a bid to clear its planned $1.7 billion acquisition of the Roomba maker. Politico reported the companies have until the end of the day on Wednesday to offer to … Read more