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

Big Tech earnings on tap

Big Tech earnings on tap

Privately held companies have been left to develop AI technology at breakneck speed, giving rise to systems like Microsoft-backed OpenAI’s ChatGPT and Google’s Bard. Lionel Bonaventure | AFP | 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 … Read more

Big Tech earnings loom large

Big Tech earnings loom large

A slogan related to Artificial Intelligence (AI) is displayed on a screen in Intel pavilion, during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16, 2024.  Denis Balibouse | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed … Read more

Earnings take center stage, but don’t sleep on Fed, Treasury

Earnings take center stage, but don’t sleep on Fed, Treasury

We’ve been relatively free of actions by the Treasury and the Federal Reserve for some time now. The intrusion into the market at the end of October and early November seems like ancient history. This week, however, could change all that. Two releases on Wednesday — the Federal Open Market Committee statement and the Treasury’s … Read more

Tesla recalls nearly 200,000 vehicles in US over rearview camera bug

Tesla recalls nearly 200,000 vehicles in US over rearview camera bug

BURBANK, CALIFORNIA – JANUARY 16: Tesla electric cars are parked at a Tesla dealership on January 16, 2024 in Burbank, California. Carbon emissions fell by about 1.9 percent in 2023, a positive signal, but further cuts must be implemented if the U.S. hopes to achieve its climate goal of 50 percent emissions cuts by 2030. … Read more

What recession? The U.S. economy kept growing

What recession? The U.S. economy kept growing

U.S. President Joe Biden speaks with workers while visiting CS Wind, the largest wind tower manufacturer in the world, in Pueblo, Colorado, U.S., November 29, 2023.  Andrew Caballero-Reynolds | AFP | 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 … Read more

GM Cruise probe finds poor leadership at center of accident response

GM Cruise probe finds poor leadership at center of accident response

Chevrolet Cruise autonomous vehicles sit parked in a lot on June 08, 2023 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images Culture issues, ineptitude and poor leadership at General Motors’ Cruise autonomous vehicle unit were at the center of regulatory oversights and coverup concerns that have plagued the company since … Read more

GM, Honda begin U.S. fuel cell production toward replacing diesel

GM, Honda begin U.S. fuel cell production toward replacing diesel

An employee assembles a fuel cell system in the module final assembly at Fuel Cell System Manufacturing LLC, GM and Honda’s fuel cell joint venture in Brownstown, Michigan. Courtesy image BROWNSTOWN, Mich. – General Motors and Honda Motor have begun commercial production of hydrogen fuel cell systems in a step toward offering alternative zero-emissions solutions … Read more

Elon Musk says Chinese EV makers will ‘demolish’ other companies

Elon Musk says Chinese EV makers will ‘demolish’ other companies

Elon Musk speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center on November 29, 2023 in New York City.  Slaven Vlasic | Getty Images Elon Musk said Chinese electric automakers will find “significant” success outside of China, even as his firm Tesla faces intense competition from these same companies. … Read more

Tesla (TSLA) shares fall after Musk’s EV maker warns of 2024 slowdown

Tesla (TSLA) shares fall after Musk’s EV maker warns of 2024 slowdown

Tesla and SpaceX’s CEO Elon Musk reacts during an in-conversation event with British Prime Minister Rishi Sunak in London on Nov. 2, 2023. Kirsty Wigglesworth | Reuters Tesla shares fell in pre-market trade on Thursday, after the company reported earnings that missed expectations and warned of a slowdown in 2024. Shares of Tesla were around … Read more