In this article SPOT In this March 15, 2016 file photo, Bruce Springsteen, center, performs with Nils Lofgren, left, and Steven Van Zandt of the E Street Band during their concert at the Los Angeles Sports Arena in Los Angeles. Springsteen’s latest album, “Letter To You” will be released on Oct. 23. Chris Pizzello |
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In this article .FKRX300 TSLA GM Electric vehicles provide a path to better air quality, reduced fuel costs and comprise a growing new category for automakers. But with the transition to electric transportation comes a new challenge: Vehicles with lithium ion batteries can be especially dangerous when they catch fire. The good news is battery
In this article CMCSA AMZN AAPL T DIS NFLX VIAC Temuera Morrison stars as Boba Fett in “The Mandalorian.” Source: Disney For the past two years, media and entertainment companies have been dead-set on showing Wall Street that they have a strong streaming video strategy to counter traditional pay-TV decilnes. The thesis was follows: Taking
In this article AAPL Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Warren Buffett’s Berkshire Hathaway notched more than $8 billion in gains on Friday as Apple stock rose more than 5% on a strong earnings report. Apple reported December quarter earnings on Thursday, posting nearly $124 billion in sales and strong
Mike Lynch, former CEO of Autonomy. Hollie Adams | Bloomberg via Getty Images LONDON — British tech entrepreneur Mike Lynch is set to be extradited to the United States to face criminal charges related to the sale of his company Autonomy to Hewlett-Packard, after a ruling made by U.K. interior minister Priti Patel. Lynch sold
In this article AAPL Apple CEO Tim Cook attends the grand opening event of the new Apple store at The Grove on November 19, 2021 in Los Angeles, California. Mario Tama | Getty Images Apple CEO Tim Cook said the company is seeing inflationary pressure in an interview with CNBC’s Julia Boorstin on Thursday as
In this article AAPL Tim Cook participates in a panel discussion in New York City. Brian Ach | Getty Images Apple reports fiscal first-quarter earnings after the bell. The quarter includes Apple’s holiday sales. It’s also the first full quarter of iPhone 13 sales, which will provide a data point about how Apple’s latest phone
In this article TSLA Tesla CEO Elon Musk gestures as he visits the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul | Reuters Tesla CEO Elon Musk said during the company’s fourth-quarter earnings call that the company won’t release any new models this year, and isn’t currently developing
In this article TSLA Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images Tesla reports fourth-quarter results for 2021 on Wednesday after the bell. Here’s what Wall Street analysts expect: Earnings (adjusted): $2.36 per share
Klarna Card. Klarna LONDON — Swedish fintech firm Klarna is embedding its “buy now, pay later” service into a physical card in the U.K. The company on Wednesday announced the launch of Klarna Card, a Visa card that lets users delay payments on their purchases, both in-store as well as online. The card is already
In this article MSFT Microsoft reported better-than-expected earnings and revenue for the fiscal second quarter. The stock dropped in extended trading. Here’s how the company did: Earnings: $2.48 per share, adjusted, vs. $2.31 per share as expected by analysts, according to Refinitiv. Revenue: $51.73 billion, vs. $50.88 billion as expected by analysts, according to Refinitiv.
In this article NFLX Scene from “Squid Game” by Netflix Source: Netflix Netflix has gone from airing “Squid Game” to becoming a player in it. The streaming company’s stock price sank 6.6% as of mid-day Monday, reaching as low as $371.37. That follows Friday’s 22% plunge, which was the steepest one-day drop since July 2012.
In this article IBM SVP and Director at IBM Research Arvind Krishna speaks on stage during the 2016 Wired Business Conference on June 16, 2016 in New York City. Brian Ach | Wired | Getty Images IBM shares jumped as much as 7% in extended trading on Monday after the software and services company said
In this article MSFT ATVI NFLX Young happy Asian couple playing video games in living room. Cheerful people having fun with computer gaming concept. Blue Planet Studio The business of video games is having a moment. Less than two weeks after Take-Two announced its $12.7 billion for Zynga, and just days after Microsoft announced its
In this article ABNB Airbnb co-founder and CEO Brian Chesky told CNBC on Friday that a post-Covid pandemic future of flexible living and working arrangements will be a boon to the company. Chesky, who is on a nationwide tour of Airbnb stays in an effort to “improve the experience” for customers, said he expects sustained
In this article ETH.CM= BTC.CB= Alec Monopoly paints a bitcoin onto a mural at the North American Bitcoin Conference held at the James L Knight Center on January 18, 2022 in Miami, Florida. Joe Raedle | Getty Images Cryptocurrencies continued their dramatic slide on Saturday, with bitcoin losing nearly half of its value since hitting
Lina Khan, nominee for Commissioner of the Federal Trade Commission (FTC), speaks during a Senate Committee on Commerce, Science, and Transportation confirmation hearing on Capitol Hill in Washington, DC, April 21, 2021. Saul Loeb | Pool | Reuters In the seven months since Lina Khan took over as chair of the Federal Trade Commission, there’s
In this article NFLX PTON A man walks in front of a Peloton studios on May 05, 2021 in New York. John Smith | VIEW press | Corbis News | Getty Images Peloton fell below its IPO price, Netflix suffered its steepest drop in a decade, and chip stocks continued to struggle. Add it all