Dish’s Charles Ergen Andrew Harrer | Bloomberg | Getty Images Dish’s “Seinfeld” strategy appears to have ended quite like the actual show — with its finale a generally-accepted disappointment. In 2011, Dish cofounder Charlie Ergen first mentioned “Seinfeld” on an earnings call, responding to an analyst’s question about his company’s mixed bag of assets. Ergen … Read more
Microsoft is no longer the only game in town in generative AI. That’s OK because competition is healthy. Amazon , Meta Platforms and Apple are eating away at Microsoft’s once-sizable lead in the heated artificial intelligence arms race, according to D.A. Davidson research analysts. As a result, the analysts cut their rating on the Redmond, … Read more
It’s time for some of my reflections on a week in San Francisco talking to dozens of executives and workers in tech. It was a grueling trip, but a necessary one, because we are at a pivotal time when it comes to the revolution of artificial intelligence and accelerated computing. AI gets talked about a … Read more
CNBC’s Jim Cramer on Thursday reviewed stocks that have historically performed well just after the Federal Reserve embarks on a cutting cycle and chose his favorites. Using data compiled by CNBC Pro, Cramer discussed the top 10 stocks with the median best performance during three months after an initial cut over the past 40 years. … Read more
Apple’s new AI features may not be the only factor driving iPhone upgrades. Deals offered by the major U.S. cell phone carriers play a hand in device sales, as well. AT & T, Verizon and T-Mobile have announced their respective offers for customers who want to trade in their current phones for the new iPhone … Read more
The July consumer price index reading indicated cooling inflation and July retail sales addressed investors’ fears about an economic slowdown. They also boosted hopes of an interest rate cut at the Federal Reserve’s upcoming meeting in September. Amid improving market sentiment, investors looking for some good stocks can rely on top Wall Street analysts, who … Read more
Juyochi | Istock | Getty Images Wireless providers including T-Mobile, AT&T and Verizon have faced a string of lawsuits in recent years from women who allege retail employees stole intimate images or videos from their phones while helping them with in-store data transfers. The cases are routinely dismissed when the companies argue they weren’t aware … Read more
A Comcast service van in Miami. Getty Images Comcast reports second-quarter earnings before the bell on Tuesday, and Wall Street will be paying close attention to subscriber growth — for both the broadband and streaming businesses. Here is how Comcast is expected to perform, according to estimates from analysts surveyed by LSEG: Earnings per share: $1.12 … Read more
Sen. Elizabeth Warren, D-Mass., speaks during the Senate Armed Services Committee hearing on security in Afghanistan and in the regions of South and Central Asia, in the Dirksen Building in Washington, D.C., on Oct. 26, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images WASHINGTON — A group of Democratic senators are sounding the … Read more
Humane, the AI hardware startup founded by ex-Apple designers, is seeking a buyer after its AI Pin’s lukewarm debut, according to a source familiar with the matter. The company is currently in talks with HP and other firms, including more than one telecom company, the source told CNBC. Humane has hired investment bank Tidal Partners … Read more
