Google CEO Sundar Pichai (L) and Apple CEO Tim Cook (R) listen as U.S. President Joe Biden speaks during a roundtable with American and Indian business leaders in the East Room of the White House in Washington, D.C., on June 23, 2023. Anna Moneymaker | Getty Images Apple said on Monday that the artificial intelligence … Read more
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. Wall Street was lower after Friday’s rebound in a wild week that featured rotations in and out of tech. It’s a busy week ahead with a Fed meeting, 14 earnings … Read more
In just 17 days after launch, Temu surpassed Instagram, WhatsApp, Snapchat and Shein on the Apple App Store in the U.S., according to Apptopia data shared with CNBC. Stefani Reynolds | Afp | Getty Images Temu and Shein have exploded in the U.S. by going on an online marketing blitz and offering consumers inexpensive goods … Read more
When I was a cub reporter in Los Angeles, covering crime for the now-deceased Los Angeles Herald Examiner, we used to joke that we should never let the facts get in the way of a good story. It was a horrendous paper — don’t ask me what I was doing there other than booking a … Read more
It was another tough week for the S & P 500 and Nasdaq despite Friday’s rally, which helped blunt some of the pain. The Dow and small-cap Russell 2000 were again the big winners as the rotation from market darlings to down-and-out names due for a catch-up trade continued. By sector, in this wild trading … Read more
Senate Majority Leader Charles Schumer, D-N.Y., fields questions about the candidacy of President Joe Biden after the senate luncheons in the U.S. Capitol on Tuesday, July 9, 2024. Tom Williams | CQ-Roll Call, Inc. | Getty Images The Senate is poised to take a key vote on major legislation to keep kids safe online Thursday- … Read more
Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Josh Edelson | AFP | Getty Images Meta CEO Mark Zuckerberg has been assembling a large stockpile of Nvidia chips, spending billions of dollars so his company can develop and train advanced … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) on July 24, 2024 in New York City. Spencer Platt | 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 … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) on July 24, 2024 in New York City. Spencer Platt | 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 … Read more
Truth Social is a social media platform whose majority owner is former President Donald Trump. A team of early investors say they want to “end Big Tech’s assault on free speech.” Achieving that may require a rapid uptick in the size of its user base, which is currently unknown. The public has limited access to … Read more
