Articles from www.cnbc.com

Articles from www.cnbc.com

Three people indicted in $400 million FTX crypto hack conspiracy (www.cnbc.com)
2024-2-3 Conspiracy

Apple starts selling the Vision Pro in the US; Tim Cook appeared at the company's flagship Fifth Avenue store in NYC for the launch (www.cnbc.com)
2024-2-3 Apple Tim Cook

Rental markets are softening, but half of U.S. tenants spend more than they can afford, Harvard report finds (www.cnbc.com)
2024-2-3 U.S.

OpenSecrets: 450 orgs, including OpenAI and Tesla, reported participating in AI-related lobbying in 2023, up 185% YoY, spending $957M+ on AI and other issues (www.cnbc.com)
2024-2-3 AI Tesla

U.S. economy added 353,000 jobs in January, much better than expected. (www.cnbc.com)
2024-2-3 U.S.

Russian war critic poses an awkward challenge for Putin and the Kremlin as the election nears (www.cnbc.com)
2024-2-2 Russia Putin

Meta shares jump 15% after profit triples and company announces first-ever dividend (www.cnbc.com)
2024-2-2

Zoom is cutting about 150 jobs, or close to 2% of its workforce (www.cnbc.com)
2024-2-2

Apple Q1 revenue: iPhone up 6% YoY to $69.7B, Mac up 1% to $7.78B, iPad down 25% to $7.02B, and Wearables, Home, and Accessories down 11% to $11.95B (www.cnbc.com)
2024-2-2 iPhone Apple iPad

Oil prices fall as market monitors Middle East developments (www.cnbc.com)
2024-2-2 Oil

Amazon reports Q4 ad revenue up 27% YoY to $14.7B, vs. $14.2B est., North America sales up 13% YoY to $105.5B, and International sales up 17% YoY to $40.2B (www.cnbc.com)
2024-2-2 U.S. Amazon 4Q

Meta's Reality Labs unit had revenue of $1B in Q4 but had a record operating loss of $4.65B; the metaverse division has now lost over $42B since the end of 2020 (www.cnbc.com)
2024-2-2 4Q

Meta says it will pay a 50 cent dividend for the first time, and has authorized a $50B share buyback (www.cnbc.com)
2024-2-2

January hiring was the lowest for the month on record as layoffs surged (www.cnbc.com)
2024-2-2 Layoffs

Activist investor Elliott Management builds a “sizable” Etsy stake, a source says a roughly 13% position, and Elliott partner Marc Steinberg joins Etsy's board (www.cnbc.com)
2024-2-2

Memo: Okta CEO Todd McKinnon says the company plans to lay off 400 employees, or ~7% of its staff, as the “reality is that costs are still too high” (www.cnbc.com)
2024-2-2

Hunger is India's ‘biggest problem' — one of the world's largest food producers leaves millions hungry (www.cnbc.com)
2024-2-1 India

Fed recap: Powell shoots down March rate cut (www.cnbc.com)
2024-2-1

Meta, X, TikTok, Snap and Discord face growing appetite in Congress for tighter social media regulation (www.cnbc.com)
2024-2-1

Biden administration looks to forgive student debt of borrowers in hardship (www.cnbc.com)
2024-2-1

Jeffrey Gundlach says all the ‘Goldilocks' talk makes him nervous, thinks recession still likely (www.cnbc.com)
2024-2-1

Qualcomm reports Q1 adjusted revenue up 5% YoY to $9.92B, vs. $9.51B est., handset chip sales up 16% YoY to $6.69B, and net income up 24% YoY to $2.77B (www.cnbc.com)
2024-2-1

Judge dismisses Disney lawsuit against Florida, Gov. Ron DeSantis alleging retaliation (www.cnbc.com)
2024-2-1

Fed holds rates steady, indicates it is not ready to start cutting (www.cnbc.com)
2024-2-1

ASIA ECONOMY India set to be world's third largest economy by 2027, finance ministry says (www.cnbc.com)
2024-1-31 India Asia

Samsung reports Q4 revenue down 3.8% YoY to ~$51B, vs. ~$52.1B est., and operating profit down 34.57% YoY to ~$2.1B, vs. ~$2.6B est. (www.cnbc.com)
2024-1-31 Samsung 4Q

'The economy isn't sick right now,' economist says—here's why Americans still feel like it is (www.cnbc.com)
2024-1-31 U.S.

Judge voids Elon Musk's $56 billion Tesla compensation, shares slide (www.cnbc.com)
2024-1-31 Tesla Elon Musk

Tesla shares slide after judge voids Elon Musk's $56 billion compensation (www.cnbc.com)
2024-1-31 Tesla Elon Musk

Microsoft reports Q2 Intelligent Cloud revenue up 20% YoY to $25.88B, vs. $25.29B est., with Azure and other cloud services revenue up 30% YoY, vs. 27.7% est. (www.cnbc.com)
2024-1-31 Microsoft

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