Stocks slide ahead of Powell’s speech

Stocks slide ahead of Powell’s speech

Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City.  Michael M. Santiago | Getty Images News | 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 … Read more

Baidu reports slower growth in robotaxi rides

Baidu reports slower growth in robotaxi rides

Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — Chinese tech company Baidu is reporting slower growth in its Apollo Go robotaxi rides than in prior quarters. Figures Baidu reported Thursday showed the number of robotaxi rides operated publicly grew by 26% … Read more

Stocks slide ahead of Powell speech

Stocks slide ahead of Powell speech

Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City.  Michael M. Santiago | Getty Images News | 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 … Read more

Viking CEO explains the cruise company’s baby boomer niche

Viking CEO explains the cruise company’s baby boomer niche

In a Thursday interview with CNBC’s Jim Cramer, Viking Holdings CEO Torstein Hagen said his cruise line’s target audience — people 55 and over — has served the company well. “Of course, it’s great to take your grandkids…on the big ship,” Hagen said. “Our guests are people who are tired of all that. They’re tired … Read more

‘Big gains may be behind us for a bit’

‘Big gains may be behind us for a bit’

CNBC’s Jim Cramer reviewed reason’s for Thursday’s market pullback, saying there may be some time before Wall Street sees another rally. “The market’s still too overbought, and we got too hopeful and now reality, with its positives that get rewarded, still, and its negatives that are punished, has set in,” he said. “So the time … Read more

What’s likely to move the market in the next trading session

What’s likely to move the market in the next trading session

U.S. Federal Reserve Chair Jerome Powell speaks at a news conference on interest rates, the economy and monetary policy actions on June 15, 2022. Olivier Douliery- | Afp | Getty Images Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for … Read more

China’s self-driving startup WeRide delays U.S. IPO as deadline looms

China’s self-driving startup WeRide delays U.S. IPO as deadline looms

In this photo illustration, a WeRide logo of Chinese robotaxi firm is seen on a smartphone and a pc screen. Getty Images Self-driving technology company WeRide delayed its plan for an initial public offering in the U.S., citing its need for more time to complete documents. “Updating transaction documents is currently taking longer than expected, … Read more

Fed minutes signal September rate cut

Fed minutes signal September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 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

Cramer explains why retailers saw success in today’s consumer environment

Cramer explains why retailers saw success in today’s consumer environment

As major retailers start to report earnings this season, CNBC’s Jim Cramer suggested why some companies managed to draw in shoppers in a changeable and sometimes oblique consumer environment. To him, outfits like Walmart, Target, TJX and Costco have fared well because they have low prices, attracting consumers tired of inflation and more selective about … Read more

Fed minutes signals September rate cut

Fed minutes signals September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 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