Stock Market Today: Dow, S&P Live Updates for March 5 – Bloomberg
Stock Market Today: Dow, S&P Live Updates for March 5 Bloomberg Source link
TESLA INC.
Stock Market Today: Dow, S&P Live Updates for February 28 – Bloomberg
Stock Market Today: Dow, S&P Live Updates for February 28 Bloomberg Source link
Magnificent 7 profits now exceed almost every country in the world. Should we be worried?
Traders work on the floor of the New York Stock Exchange during morning trading on January 31, 2024 in New York City. Michael M. Santiago | Getty Images The so-called “Magnificent 7” now wields greater financial might than almost every other major country in the world, according to new Deutsche Bank research. The meteoric rise … Read more
Red Sea Shipping Chaos: Tesla (TSLA), Tesco, Others Warn of Impact
With the Red Sea crisis roiling shipments of everything from cars to energy, it’s a matter of time before soaring costs and supply-chain strains show up in companies’ earnings reports. Several firms are already warning of the impact. Electric-vehicle maker Tesla Inc. plans a two-week production halt at a German plant due shipment delays, while … Read more
Apple underperformed mega-cap peers in 2023 due to revenue slide
Apple CEO Tim Cook stands next to a new Apple Vision Pro headset displayed during the Apple Worldwide Developers Conference in Cupertino, California, June 5, 2023. Justin Sullivan | Getty Images Apple’s stock rallied in 2023, but its performance was outshined by all of its mega-cap tech peers, as the company suffered four straight quarters … Read more
Jim Cramer says investors should remember the optionality of 6 of the Magnificent 7
CNBC’s Jim Cramer keyed in on the optionality of six of the companies that have become known as the “Magnificent Seven” during his Wednesday show. “The Magnificent Seven have the most optionality of any publicly traded companies in modern history,” Cramer said. “To sell any of them is to forget that they have this kind … Read more
OpenAI executive shakeup raises concerns about future of AI
The sudden ousting of Sam Altman as CEO of OpenAI has rocked Silicon Valley and the tech industry. The future of advanced artificial intelligence has created controversy across the industry, and Altman has been a voice asking for regulation. OpenAI’s unusual structure underscores the confusion current and potential customers might have about the startup’s future … Read more
Investors got the note they were too optimistic
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 16, 2023. Brendan Mcdermid | Reuters 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
Rate cuts might not be in the cards
The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie Plesch | 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 … Read more
Stock Market Today: Dow, S&P Live Updates for November 14
Stocks climbed while bond yields tumbled as an unexpected inflation slowdown bolstered bets the Federal Reserve’s aggressive hiking cycle is now over — and the next move will be a rate cut next year. The S&P 500 rose nearly 2%, the most since April. Tesla Inc. led gains in megacaps and Nvidia Corp. rallied for … Read more