Tech layoffs continue to hit

Tech layoffs continue to hit

FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC 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 you need to know today Stocks … Read more

No letup in tech layoffs

No letup in tech layoffs

Justin Tallis | AFP via 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 you need to know today Stocks advanceU.S. stocks gained … Read more

Elon Musk funds Gina Carano lawsuit vs. Disney over ‘Mandalorian’ firing

Elon Musk funds Gina Carano lawsuit vs. Disney over ‘Mandalorian’ firing

Gina Carano as Cara Dune in the “The Mandalorian,” a Star Wars series on Disney+. Disney Elon Musk’s company X is funding a new lawsuit filed by actor Gina Carano over her firing from the Disney+ streaming TV series “The Mandalorian” after she shared a controversial social media post Carano sued Disney and its Lucasfilm … Read more

Wall Street anxious over Fed concerns

Wall Street anxious over Fed concerns

U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the headquarters of the Federal Reserve on January 31, 2024 in Washington, DC. The Federal Reserve announced today that interest rates will remain unchanged.  Anna Moneymaker | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC … Read more

Wall Street rattled over Fed worries

Wall Street rattled over Fed worries

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., January 31, 2024.  Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets … Read more

A scorching start for U.S. jobs growth

A scorching start for U.S. jobs growth

A “Now Hiring” sign at Jamba Juice in San Francisco, California, US, on Monday, June 26, 2023. David Paul Morris | 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 … Read more

U.S. jobs growth kicked off with a bang

U.S. jobs growth kicked off with a bang

A “Now Hiring” sign at an Advance Auto Parts store in San Leandro, California, US, on Tuesday, Aug. 15, 2023. David Paul Morris | 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 … Read more

Too exposed to Big Tech? These ETFs may help broaden out your risk

Too exposed to Big Tech? These ETFs may help broaden out your risk

Big Tech’s market dominance may push more investors to equal-weight exchange-traded funds, according to VettaFi’s Todd Rosenbluth. “Investors are getting nervous that too much money is concentrated in a handful of stocks within the broader ETFs that they have available that [are] tied to the S&P 500 or even the Nasdaq 100,” the firm’s head … Read more

Meta says Zuckerberg’s engagement in ‘combat sports’ is a risk

Meta says Zuckerberg’s engagement in ‘combat sports’ is a risk

Facebook CEO Mark Zuckerberg rides a hydrofoil surfboard holding the American flag on July 4, 2021. Mark Zuckerberg, Instagram Mark Zuckerberg’s preference for mixed martial arts and water sports is not only a personal hazard, but it’s also a risk to investors. In its annual financial report for 2023 filed Friday, Meta disclosed a new … Read more

AI lobbying spikes nearly 200% as calls for regulation surge

AI lobbying spikes nearly 200% as calls for regulation surge

Artificial intelligence-related lobbying reached new heights in 2023, with more than 450 organizations participating. It marks a 185% increase from the year before, when just 158 organizations did so, according to federal lobbying disclosures analyzed by OpenSecrets on behalf of CNBC. The spike in AI lobbying comes amid growing calls for AI regulation and the … Read more