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Bussiness

Apple sales rise 5%, topping estimates as iPad and Services revenues jump

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Apple CEO Tim Cook attends the annual developer conference event at the company's headquarters in Cupertino, California, U.S., June 10, 2024.Carlos Barria | ReutersApple...
Bussiness

Meta’s advertising growth is proof that hefty AI spending is already paying off

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Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during an interview on "The Circuit with Emily Chang" at Meta headquarters in Menlo Park,...
Bussiness

Jim Cramer’s top 10 things to watch in the stock market Wednesday

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My top 10 things to watch on Wednesday, July 31 1. Wall Street was tracking for a higher open, with Nasdaq looking especially strong...
Infra

TSMC Sales Surge Past Expectations on AI Infrastructure Demand

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(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s second-quarter sales were buoyed by the AI boom that’s fueling data center investment worldwide.Most Read from BloombergThe sole...
Jobs

Wall Street kicks off the second half of 2024 with key jobs report in the week ahead

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Stocks have a lot to live up to in the second half of the year. At the halfway point of 2024, the major benchmarks...
Fitness

Stocks making the biggest moves before the bell: Nvidia, Ferrari, Planet Fitness, Cinemark and more

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Check out the companies making headlines in premarket trading. ResMed , Eli Lilly — ResMed tumbled 11.8% following a news release from last Friday...
Bussiness

S&P 500 levels to watch if troubling chart patterns in Nvidia and other tech mean a sell-off is near

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Some concerning candle patterns for leading technology names have caused me to focus on potential downside targets for the S & P 500 ....
Jobs

Global Stock Rally Falters Ahead of US Jobs Data: Markets Wrap

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(Bloomberg) -- A global equity rally faltered ahead of crucial US jobs data that could cement bets on when the Federal Reserve can start...
Tech

Intel wants to build ‘everybody’s AI chips,’ CEO says, as company plays catch-up with rivals

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Intel wants to regain its position as the world's leading chipmaker, CEO Pat Gelsinger said, after being overtaken by rivals TSMC and Samsung in...
Tech

AMD announces new AI chips amid intensifying competition with Nvidia, Intel

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Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during the AMD Advancing AI event in San Jose, California, US,...
Bussiness

CNBC Daily Open: Nvidia shares soar on AI boom

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In this photo illustration the Nvidia logo is displayed on a smartphone screen and in the background. Rafael Henrique | SOPA Images | Lightrocket |...
Bussiness

Nvidia beating earnings per share expectations is worst-kept secret on Wall Street, says Evercore ISI

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Wall Street has great expectations for Nvidia 's earnings on Wednesday, according to Evercore ISI. Yet, how the artificial intelligence darling's stock will react...
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