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Lucid shares tumble following public offering of nearly 262.5 million shares
Shares of Lucid Group dropped by more than 10% during after-hours trading following the electric vehicle startup announcing a public offering of nearly 262.5 million…
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We’re hiking our price targets on Nvidia and two other rallying portfolio stocks
This week's strong market pushed three of our portfolio stocks well clear of our current price targets. Since these rallies…
Anthropic is lining up a new slate of investors, but the AI startup has ruled out Saudi Arabia
Deep-pocketed, sovereign wealth funds are among the investors clamoring to get a stake in Anthropic, the red-hot artificial intelligence startup…
NBC hires former RNC chair Ronna McDaniel, who has demonized the press and refused to acknowledge Biden was fairly elected
NBC News on Friday announced that it had hired Ronna McDaniel, the former Republican National Committee chair who has repeatedly attacked…
Lululemon shares plunge 10% on weak guidance, slowing North America growth
Lululemon on Thursday reported holiday earnings that topped expectations, but the athletic apparel retailer's guidance came in below estimates as…
Nike holiday sales top estimates, helped by better than expected North America growth
Nike on Thursday reported holiday sales that beat estimates, helped by better than expected growth in North America.Here's how the…
440,500 Starbucks-branded holiday mugs recalled due to burn and cut risks
Nestlé USA is recalling more than 440,000 metallic Starbucks-branded holiday mugs because they can overheat or break when microwaved or filled…
Fed holds rates steady and maintains three cuts coming sometime this year
The Federal Reserve on Wednesday held interest rates steady as expected and signaled it still plans multiple cuts before the…
Fed raises GDP and inflation outlook, while keeping rate cut forecast
Federal Reserve members still see three interest rate cuts in 2024 despite an improving outlook for economic growth.The Federal Open…
How to make high interest rates work for your hard-earned savings
Editor’s Note: This is an updated version of an article that ran on January 31, 2024. The Federal Reserve’s benchmark…
Here’s everything to expect from the Federal Reserve’s policy meeting Wednesday
The Federal Reserve has a lot to do at its meeting this week, but ultimately may not end up doing…
Nvidia CEO Jensen Huang takes a page out of Apple’s playbook to lead AI’s future
When Nvidia CEO Jensen Huang took the stage Monday at the chipmaker's hyped-up artificial intelligence conference, he joked to the…
Trader Joe’s recalls some cashews in 16 states due to salmonella risk
Trader Joe’s is recalling select cashews from stores in 16 states because they may be contaminated with salmonella, the specialty…
Disney gets a win in Nelson Peltz board fight. 2 other portfolio stocks mount comebacks
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time…
Nvidia CEO Jensen Huang announces new AI chips: ‘We need bigger GPUs’
Nvidia on Monday announced a new generation of artificial intelligence chips and software for running artificial intelligence models. The announcement,…
Hertz CEO out following electric car ‘horror show’
Trouble and turmoil continue at rental car company Hertz. The company, which announced in January it was selling 20,000 of…
I moved to Geneva, Switzerland, and pay $6,970 a month for a luxury apartment: Take a look inside
I've been an expat for most of my life. Originally from Japan, I've lived in a total of six countries.…
13 budget-friendly places where couples can retire abroad and live on as little as $1,500/month
Retiring in the U.S. can be expensive. In Florida, often the favorite state of the nation's retirees, settling down to…
So-called black boxes carry the real answer to what happened on LATAM flight 800
Running to the tail of Boeing’s 787 Dreamliner is an umbilical cord carrying a rapid play-by-play of virtually every flight…