My top 10 things to watch Tuesday, Oct. 24 1. U.S. stock futures rose Tuesday ahead of the first quarterly earnings reports from the mega-cap tech stocks. Look for our alerts following the announcements from Microsoft (MSFT) and Alphabet (GOOGL) after the bell. Here’s what we hope to see from Microsoft . 2. On Sunday, … Read more
Venture-capital giant Softbank notched a $15 billion-plus gain on its 2016 deal to buy Arm Holdings when the artificial intelligence-enabling semiconductor firm went public last month. But not as many investors know about Softbank’s “other” big AI investment, Wilmington, Mass.-based software and robotics maker Symbotic, which Walmart has taken a big stake in itself. That … Read more
Signage for Nvidia Corp. during the Taipei Computex expo in Taipei, Taiwan, on Tuesday, May 30, 2023. Hwa Cheng | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more
The New York Stock Exchange welcomes executives and guests of Klaviyo, Inc. (NYSE: KVYO), on Weds, September 20, 2023, to celebrate its initial public offering. To honor the occasion, Andrew Bialecki, Co-Founder & Chief Executive Officer, and Ed Hallen, C Klaviyo shares jumped 23% to $36.75 in their New York Stock Exchange debut Wednesday after … Read more
Arm, the U.K.-based company controlled by Japanese investment giant SoftBank, listed on New York’s Nasdaq on Thursday at an IPO price of $51 per share for a valuation of almost $60 billion. The initial buzz has since fizzled, with the stock suffering successive daily declines to close the Tuesday trading session at $55.17. Cathie Wood, … Read more
Markets rallied on a successful Arm IPO and decent economic data. UAW members walked out of three key auto plants. More airlines are warning about fuel costs. Here are the most important news items that investors need to start their trading day: The Dow Jones Industrial Average saw its best day in more than a … Read more
Fri, Sep 15 2023 1:51 AM EDT India has ‘always been at the forefront’ for Bell Flight, managing director says “India has always been at the forefront for us,” Sameer Rehman, managing director of U.S. aerospace manufacturer Bell Flight told CNBC’s “Squawk Box Asia.” “As the fastest growing economy, as the largest population now on … Read more