cnbc

cnbc

  • Huawei USA security chief: ‘We need to have a transparency initiative’Andy Purdy, chief security officer of Huawei USA, tells “Squawk Box” that the Chinese technology giant needs to have a transparency initiative, a day after a federal judge dismissed the company’s challenge to a U.S. federal law.
    Huawei USA security chief: 'We need to have a transparency initiative'

  • Sa El, 35, says the key to fluctuating income is keeping money from leaking out. To weather a simultaneous income cut and spending spike, people need about six weeks of take-home income, according to J.P. Morgan Chase Institute. This system means that El never knows what his income actually is until six months after a sale. Here’s how to smooth out the jagged edges of an up-and-down income. He recommends taking a hard look at invisible spending, which he compares to getting rid of things you don
    These tactics can smooth out your finances when you have unpredictable income

  • In starting a small business, many entrepreneurs feel the need to do it all. However, the do-it-yourself mindset can quickly become a significant barrier to success, as many entrepreneurs have difficulty delegating and outsourcing once their business grows. Becoming a successful entrepreneur often requires a dramatic shift in mindset. Relying on experts is normal and expected in successful business and high-net-worth circles. For those who are new to the game or grew-up in less well off socioeco
    Don't let this mindset ruin your chances for entrepreneurial success

  • Dow futures were up by 91 points, indicating a gain of more than 80 points to start off Wednesday’s session. S&P 500 futures also traded higher while Nasdaq 100 futures pointed to a record high for the tech-heavy index. Number of new coronavirus cases slows downChina’s National Health Commission reported 1,749 additional cases of coronavirus, the lowest number of newly confirmed cases since Jan. 29. Excluding the Hubei region in China, new coronavirus cases have fallen for 15 straight days. Sand
    5 things to know before the stock market opens Wednesday

  • Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles, California, U.S., on Monday, Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images
    Bernstein hikes Nvidia price target to highest on Wall Street, sees latest rally on solid footing

  • U.S. homebuilding fell less than expected in January while permits surged to a near 13-year high, pointing to sustained housing market strength amid lower mortgage rates. Housing starts dropped 3.6% to a seasonally adjusted annual rate of 1.567 million units last month, the Commerce Department said on Wednesday. Economists polled by Reuters had forecast housing starts falling to a pace of 1.425 million units in January. Single-family housing starts accelerated in the Northeast and West, but tumb
    US housing starts fall, while building permits near a 13-year high

  • Virgin Galactic has rocketed nearly 200% higher this year, outpacing even Tesla’s 105% rally for the honor of hottest stock on the market. “The stock price is just moving at a hypersonic pace,” Mark Tepper, president of Strategic Wealth Partners, said on CNBC’s “Trading Nation” on Tuesday. “I see a stock that’s trading in hype similar to Tesla, but without the revenues to back it up and then the stock goes up and shorts are getting crushed and that takes the price up even higher,” said Tepper. H
    This stock is outdoing even Tesla this year, but traders have a warning

  • Now, the billionaire financier and media mogul will be a new presence on the Democratic debate stage on Wednesday night. In addition to Bloomberg, Sanders and Biden, the other candidates who will appear on the debate stage are former South Bend, Indiana, Mayor Pete Buttigieg and Sens. Sanders is hoping that doing well with Hispanic and young voters in Nevada can solidify his newfound front-runner status. Bloomberg, meanwhile, who has not appeared before on the Democratic debate stage and has yet
    Democratic debate: Bloomberg takes the stage as Sanders leads, and Biden aims for a comeback

  • For tech companies, the law represents the internet’s founding values of openness and free expression, while also allowing them to remove the most insidious speech without stumbling into a legal minefield. The law allows for companies to engage in “good Samaritan” moderation of “objectionable” material without being treated like a publisher or speaker under the law. Once a way to protect upstart tech firms, the law now provides a legal shield to some of the most valuable companies in the world.
    Big Tech's favorite law is under fire

  • The chief security officer of Huawei USA said Wednesday the Chinese technology giant needs to have a transparency initiative now that a judge dismissed the company’s challenge to a federal law. Last May, the Trump administration placed Huawei and dozens of other Chinese firms on the Commerce Department’s so-called entity list, citing national security concerns. Huawei, the largest privately held company in China, has repeatedly said it would never help the Chinese government to spy. “There’s no
    Huawei security chief, after court setback, says the Chinese tech giant needs to do more explaining

  • The judge’s ruling in favor of the Department of Justice in the T-Mobile-Sprint merger case last week reinforced a high bar for state antitrust challenges, according to DOJ antitrust chief Makan Delrahim. But Delrahim said there’s still an important role for the states to play in antitrust cases. The federal Antitrust Division and state attorneys general have both opened investigations into Google to probe its competitive practices. Several state attorneys general have met with top DOJ officials
    T-Mobile/Sprint merger ruling will make it harder for states to challenge future deals, DOJ antitrust chief says

  • Barr convened the workshop to discuss Section 230 of the Communications Decency Act, which says tech companies cannot be held legally liable for content posted by third-party users. Tech executives argue that the law is still integral to their work, especially in allowing for “good faith” content moderation. But at the workshop, Barr said the industry Section 230 protects is no longer a fragile, emerging sector. Those questions emerged from the DOJ’s broad review of market-leading online platfor
    AG Barr hits a key legal protection for Big Tech, says don't entrust 'profit-seeking private firms' with public safety

  • (This story is for CNBC Pro subscribers only.) Piper Sandler raised its price target on Tesla to a street high, saying the electric automaker’s push into other areas of clean energy will drive the stock higher. The firm’s analyst Alexander Potter raised his price target to $928 per share, up from $729. That is the highest near-term target among major analysts, but is below where the stock peaked during its rapid rise earlier this month. The stock opened trading at $923.50 per share on Wednesday,
    Piper Sandler hikes Tesla price target to $928, highest on Wall Street

  • Piper raised its price target on Tesla to a Street high and said it thinks the company can have the same success in storage and solar power that it’s had with autos. “We’re nudging our price target higher after installing a solar system to charge a Model X. Since August 2016, we have been using a Model X SUV in a four-person, single-vehicle household. If history is any indication, we’ll eventually be saying something similar about generating and storing our own solar power. But for now we’re inc
    Here are Wednesday's biggest analyst calls of the day: Tesla, Nvidia, Adobe & more

  • The catalyst for the electric automaker’s stock once again is a big call on Wall Street. Piper Sandler hiked Tesla’s price target to $928 per share, the highest on Wall Street, according to FactSet. Shares of Tesla have rallied more than 100% this year alone, leaving investors curious about what is driving the stock to these sky-high levels. Tesla’s stock rose 13% in after-hours trading following its results. Tesla’s rally really got going earlier this month after Argus Research raised its price
    Shares of Tesla pop 8% to $930, exceeding the most bullish analyst price forecast

  • Traders work on the floor of the New York Stock Exchange (NYSE) on January 27, 2020 in New York City. (This story is for CNBC Pro subscribers only.) Investors like Warren Buffett, Carl Icahn and Bill Ackman typically grab all the headlines, but there are smaller investors racking up better recent track records that are not as well known. CNBC Pro found the under-the-radar investors with the best stock picking ability using hedge fund tracking firm Symmetric.io. Then we found which stocks they ar
    Here's what the best stock-picking hedge funds are buying

  • Serena Williams became a professional tennis player at the age of 14, and for more than two decades she has consistently trained and followed a healthy diet to help her win 23 Grand Slam titles. But it’s a lot so I just need to turn my brain off and not think about anything,” Williams tells CNBC Make It. Sometimes it’s watching a program [on TV] that has nothing to do with anything, like something that is silly or fun,” Williams says. Williams says having her 2-year-old daughter, Alexis Olympia
    2 non-negotiables Serena Williams sticks to every day to be productive

  • Nasdaq, S&P 500 rise to record highs at openCNBC’s Bob Pisani looks ahead at the day’s market action.
    Nasdaq, S&P 500 rise to record highs at open

  • Richard Bernstein on market warning signs he says investors are ignoringRichard Bernstein, CEO and chief investment officer of Richard Bernstein Advisors, joins “Squawk Box” to discuss the warning signs he says investors are ignoring in the markets.
    Richard Bernstein on market warning signs he says investors are ignoring

  • “This is what happens when too many people want a stock, round the clock,” Cramer said on “Squawk Box.” No one is going to Mars that I know of, but it can’t be stopped right now, and these things tend to end badly.” There are people buying Virgin Galactic, and I can’t tell them not to,” Cramer said later on “Squawk on the Street.” “What are you going to tell them, that we’re not going to Mars someday?” Wednesday was poised to be another big day for Virgin Galactic, opening 13.2% higher at $34.30
    Cramer says Virgin Galactic rally will end badly: 'No one is going to Mars that I know of'

  • Load More
Skip to toolbar