[ad_1] A woman walks past a Taiwan Semiconductor Manufacturing Company (TSMC) logo at the Hsinchu Science Park in Hsinchu on July 5, 2023. (Photo by Sam Yeh / AFP) (Photo by SAM YEH/AFP via Getty Images) Sam Yeh | Afp | Getty Images Taiwan Semiconductor Manufacturing Company, the world’s largest chipmaker, posted a second-quarter profit … Read more
[ad_1] SpaceX, Twitter and electric car maker Tesla CEO Elon Musk looks on as he speaks during his visit at the Vivatech technology startups and innovation fair at the Porte de Versailles exhibition center in Paris, on June 16, 2023. Alain Jocard | Afp | Getty Images Tesla reported earnings after the bell, showing a … Read more
[ad_1] The Federal Trade Commission and Department of Justice said Wednesday that their new focus when evaluating mergers will include the impact a deal will have on competition for workers along with how a series of acquisitions, rather than one-offs, could result in harmful effects on the market. The new guidelines, currently in draft form, … Read more
[ad_1] Two weeks into the second half of the year, we put together a quick look at the top four performers and the bottom four in Jim Cramer’s Charitable Trust, the stock portfolio we use for the Investing Club. The first full trading week of July saw Wall Street under some pressure Friday after a … Read more
[ad_1] Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. Stocks rise on inflation data Stick with Disney Watch Meta 1. Stocks rise on inflation data U.S. equities climbed higher Thursday following the release of the U.S. Labor Department’s monthly … Read more
[ad_1] Satya Nadella, CEO, Microsoft, at the Allen & Company Sun Valley Conference on July 11, 2023 in Sun Valley, Idaho. David A. Grogan | CNBC The Federal Trade Commission is not giving up on its bid to prevent Microsoft from closing its $68.7 billion acquisition of game publisher Activision Blizzard. On Wednesday, the agency … Read more
[ad_1] Advertisers are eagerly watching how Meta’s new Threads messaging app develops over the next few months as they look for a new social channel to reach consumers while Twitter continues to struggle. Instagram Threads debuted last week and has amassed more than 100 million sign-ups, which has caught the attention of numerous companies, several … Read more
[ad_1] Google was working on an AI-powered mobile chatbot app for Gen Z users that features interactive digital characters, CNBC has learned. However, the company recently “deprioritized” those efforts amid an internal reorganization, according to materials seen by CNBC. Typically, when a product is deprioritized at Google, work on it ceases. Called “Bubble Characters,” the … Read more
[ad_1] Investors may want to stick with what’s working in the market. ETF experts Todd Sohn and VettaFi’s Dave Nadig believe a second winning half is in store for technology and artificial intelligence plays. Sohn, Strategas’ ETF and technical strategist, particularly likes Roundhill Generative AI and Technology ETF (CHAT). “What I like about [CHAT] is … Read more
[ad_1] Bitcoin touched a 13-month high on Thursday as optimism grew among investors that the U.S. could soon get a bitcoin ETF. The cryptocurrency was last flat at $30,548.68, according to Coin Metrics. Early in the morning, it climbed to about $31,450, reaching its highest level since June 2022. It gave back those gains, however, … Read more