cnbc

cnbc

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    Why market is rallying despite tariffs & impeachment, according to Jim CramerThe “Mad Money” host explains that the stock market has remained strong because tariffs haven’t been as impactful as expected, sensible mergers have been announced and employment remains robust.
    Why market is rallying despite tariffs & impeachment, according to Jim Cramer

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    How teen trend ‘VSCO girl’ is affecting the fashion industryVSCO CEO Joel Flory joins CNBC’s “Power Lunch” team to discuss how the photo-editing social platform has transformed into a teen girl stereotype known as “VSCO girl” and the impact it has on Wall Street.
    How teen trend 'VSCO girl' is affecting the fashion industry

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    A gun safety group co-founded by presidential candidate Mike Bloomberg raised its most money ever in 2018, the year Democrats took back the House of Representatives — with much of it coming from the billionaire former New York mayor himself. The organization, Everytown for Gun Safety Action Fund, brought in $69.5 million in total revenue last year, according to a new 990 tax return first reviewed by CNBC. Combined with their other nonprofit, Everytown for Gun Safety Support Fund, the organizatio
    Bloomberg's huge donation helps his gun safety group raise record revenue in 2018

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    “Like all things, we have processes that we need to go through,” Army Secretary Ryan McCarthy told CNBC as he faces his own potentially tricky matter involving a misconduct case in his ranks and intervention by Trump. Since his presidential pardon, Golsteyn has worked to regain his Special Forces tab in a way similar to Navy Chief Petty Officer Edward Gallagher and his quest to retain the Navy SEAL trident pin. Last week, Spencer said that Gallagher’s membership in the SEAL community should be d
    Army chief navigates potentially tricky case after Navy secretary is fired over SEAL controversy

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    China successfully launched satellites to space last week but a shower of rocket debris after the launch crushed buildings in the Sichuan province, captured in a video shared widely on social media. China conducts many of its orbital launches from Xichang each year. As these rockets climb, they shed the “boosters” that make up the lower portion of the rocket. While U.S. rocket boosters typically fall back to the ocean, the Chinese rockets launched from Xichang fall over land, threatening local c
    'Adjust your location quickly' — How China warns residents before rockets crash down from space

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    Slack Technologies Inc. CEO Stewart Butterfield stands on the trading floor during the company’s IPO at the New York Stock Exchange (NYSE) in New York, U.S. June 20, 2019. The biggest hurdle for companies aiming to follow Spotify and Slack into the public markets is that the direct listing process they pursued doesn’t currently allow businesses to raise new capital. The New York Stock Exchange is trying to fix that. On Tuesday, the NYSE filed with the Securities and Exchange Commission to change
    NYSE proposes allowing companies to raise fresh capital in direct listings

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    The New York City Council voted overwhelmingly Tuesday to ban flavored e-cigarettes as officials seek to curb a spike in underage vaping. The New York City Council Health Committee voted unanimously in favor of the legislation on Monday, and of the city council’s 51 members, 31 signed on as co-sponsors of the bill. The Trump administration announced plans in September to ban all flavored e-cigarettes, but federal officials have since wavered on the ban. Andrew Cuomo, have sought to temporarily b
    New York City Council approves ban on all flavored e-cigarettes as US officials backpedal

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    HP Inc. beats Wall Street estimates for Q4 earnings

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    Kudzi Chikumbu: Gen Z’ers are creative storytellersKudzi Chikumbu, Director of Creator Community at TikTok, discusses the viral social media app on CNBC’s “Closing Bell.”
    Kudzi Chikumbu: Gen Z'ers are creative storytellers

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    Daniel Acker | Bloomberg | Getty ImagesHere are the most important things to know about Wednesday before you hit the door. Economic dataWe’ll get a bunch of economic data on Wednesday including durable goods and pending home sales. Pending home sales are released at 10:00 a.m. on Wednesday and economists are expecting home sales to slow from September’s growth of 1.5%. Economists are expecting a 0.2% increase in pending home sales for the month of October, according to FactSet. Fed’s Beige BookT
    Economic data, Fed's Beige Book, Deere earnings: 3 things to watch for in the markets on Wednesday

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    Shares of Box spiked more than 6% after the cloud computing company reported a third-quarter revenue beat and matched EPS loss expectations. Revenue came in at $177.2 million, while Wall Street expected $174.6 million, according to analysts polled by Refinitiv. The PC giant earned $1.75 per share excluding certain items, exceeding the earnings of $1.62 per share analysts expected. VMWare, which Dell has a major stake in, earned $1.49 per share excluding certain items and reported revenue of $2.4
    Stocks making the biggest moves after hours: HP, Box, VMware and more

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    Revised data released Monday by Mexico’s National Institute of Statistics and Geography showed the country’s economy contracted by about 0.1% for three straight quarters before flat lining in the third trimester of 2019. The last Mexican economic recession that was not accompanied by a U.S. slowdown took place in the 1990s during the so-called Tequila Crisis, Capistran points out. Those events increased the risk premium on Mexican assets, including the peso and weighed on the country’s economy.
    Mexico's economy has not been this weak relative to the US since the 'Tequila crisis' in the 1990s

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    Excluding certain items, 60 cents per share, vs. 58 cents per share as expected by analysts, according to Refinitiv. Xerox was prepared to offer $22 per share to HP shareholders for a transaction that would have been worth $33.5 billion. (On Nov. 5, prior to a Wall Street Journal report that Xerox was thinking about offering to buy HP, HP shares ended trading at $18.40 per share.) With respect to guidance, HP is forecasting 53 cents to 56 cents in earnings per share, excluding certain items, for
    HP rises on earnings beat

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    Paying off thousands of dollars in student loan debt is no easy task. Nelson, 31, paid off $35,000 in student loan debt, including interest, within 2.5 years, starting in Nov. 2011 and ending in April 2014. “I ended up doing what a lot of other college students do, which is take out more money … more loans,” Nelson says. Then, she mapped out a repayment plan for the rest of her student loans and started “tackling them one by one.” And now that she’s eliminated her student loan debt, she doesn’
    How this 31-year-old paid off more than $30,000 in student loans in 2.5 years on a $37,000 salary

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    Pavel Golovkin | Pool via ReutersOPEC and Russia are likely to extend their oil production deal at least through midyear, but if they were to cut more output, as some speculate, it would blindside what has become a complacent market, analysts said. The ministers head into the Dec. 5 and 6 meeting with oil prices near their highest levels in two months. Many other analysts expect the cuts will be extended as well, but some believe OPEC and Russia could cut even more. “It wouldn’t surprise me if t
    OPEC and Russia likely to extend oil production cuts at upcoming meeting

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    Facebook on Tuesday announced its acquisition of Beat Games, the studio behind hit virtual-reality game “Beat Saber.” “Beat Games’ accomplishments are already impressive, but Facebook and the Beat Games team know that there is so much more that can be done across VR, games, and music,” said Mike Verdu, Oculus director of content, in a blog post. Beat Games will join the Oculus Studio division of Facebook, but it will operate independently out of Prague, the company said. “Beat Saber” is one of t
    Facebook acquires the maker of popular 'Beat Saber' VR game

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    TikTok’s logo on a stand at The First International Artificial Products Expo Hangzhou on October 18, 2019 in Hangzhou, Zhejiang Province of China. The Chinese government’s discriminatory treatment of the country’s Muslim Uighur population is well documented. “TikTok does not moderate content due to political sensitivities,” a TikTok spokesperson said in a statement to CNBC. But, in an interview with the Post, Aziz said the reference to bin Laden was a “joke.” And it clearly was, here’s the video
    TikTok says it doesn't censor content, but a user was just locked out after a viral post criticizing China

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    While episodes of old Disney shows can be watched one right after another, all of Disney’s new programming is being doled out in weekly installments, just like traditional cable. As a new streaming service, Disney+ has a bit of catching up to do against rival streaming giants. Not to mention HBO, a premium station with a streaming service option, has 34 million U.S. subscribers and 8 million HBO Now subscribers. HBO’s streaming service is directly tied to its HBO channel, so it releases episodes
    Why 'The Mandalorian' episodes are short and arrive on Disney+ once a week

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    The stock market continues to rally, even though the trade war has not been resolved, the yield curve is flattening again, and some opioid makers are facing another criminal probe. CNBC’s Jim Cramer on Tuesday explained why it is happening, starting with the fact retailers haven’t been as hurt by tariffs in the U.S.-China trade dispute as expected. That is representative of the broader environment, Cramer said, in which there are more positives than negatives. “And money managers do not want to
    Cramer: The stock market will continue rallying despite trade war, impeachment and other concerns

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 11 months ago

    CBD products flooded the market this year after Congress legalized hemp last December. Abernethy leads a working group at the FDA tasked with crafting regulations to bring legal CBD products to market. However, it’s currently illegal for companies to sell CBD-infused food and beverages across state lines and to market any CBD products with health claims the FDA has not evaluated. The FDA said it “has seen only limited data about CBD safety and these data point to real risks that need to be consi
    FDA warns about lack of research, possible risks of CBD

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