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January 27, 2022

CNBC business

Apple CEO Tim Cook: ‘Everybody’s seeing inflationary pressure’

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CNBC – For more and to sign up click here 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......

Newsom says California is doing the ‘hard work’ to fight climate change, not just talking a good game

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CNBC – For more and to sign up click here California Governor Gavin Newsom on Thursday said the state’s in a “transformational moment” to shift away from fossil fuels, as climate change continues to fuel devastating wildfire seasons and historic drought conditions across California. The governor’s remarks to CNBC’s Yasmin Khorram come......

Robinhood shares tank 15% after it loses active users, forecasts weak revenue

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CNBC – For more and to sign up click here Stock-trading app Robinhood gave a bleak revenue forecast for the first quarter of 2022 on Thursday as its latest earnings report showed a decline in active users. Shares of Robinhood tanked 15% in after hours trading. The newly public brokerage......

How The North Face is moving to compete with Patagonia

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CNBC – For more and to sign up click here The global outdoor apparel market is a $12 billion industry. For more than a half century The North Face has competed in the space, outfitting mountain climbers and skiers. But the outdoor recreation brand is now hoping to become a......

Elon Musk says it’s more important for Tesla to make a robot than new car models this year

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CNBC – For more and to sign up click here Tesla CEO Elon Musk said Wednesday on the company’s fourth-quarter earnings call that a humanoid robot is the “most important product” that Tesla is developing this year, putting it ahead of the much-hyped Cybertruck and other vehicles, including the Semi......

Tesla drops more than 11% as investors digest new vehicle delays

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CNBC – For more and to sign up click here An aerial view of the Tesla Fremont Factory on May 13, 2020 in Fremont, California. Justin Sullivan | Getty Images Tesla shares dropped more than 11% in Thursday trading after the company said it would not produce new model vehicles......

Atlassian jumps as quarterly results top estimates and company raises guidance for 2022 subscriptions

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CNBC – For more and to sign up click here Michael Cannon-Brookes, co-CEO, Atlassian Scott Mlyn | CNBC Atlassian shares rose as much as 10% in extended trading on Thursday after the provider of collaboration software reported fiscal second-quarter earnings that topped estimates and raised its forecast for subscription revenue.......

Dow futures rise 200 points as market set to wrap up a wild week, Apple shares pop

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CNBC – For more and to sign up click here Traders on the floor of the NYSE, Jan. 26, 2022. Source: NYSE Stock futures rose in overnight trading Thursday, boosted by a jump in Apple shares, as Wall Street looks to wrap up a roller-coaster week on a high note.......

Ron Insana: Two key risks for bear markets are unfolding. What it means for investors

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CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange (NYSE) on December 08, 2021 in New York City. Spencer Platt | Getty Images Has the risk of a full-blown bear market risen on Wall Street? A standard-issue correction......

Cramer’s Investing Club: Dirt-cheap Nucor remains attractive after big earnings beat

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CNBC – For more and to sign up click here Nucor wrapped up the safest and most profitable year in the company’s history. Source – Click here for more To Return to the Main Aggregate News Page – click here...

Stocks making the biggest moves after hours: Robinhood, Apple, Visa and more

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CNBC – For more and to sign up click here People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt......

Apple revenue pops 11% to $123.9 billion despite supply chain concerns

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CNBC – For more and to sign up click here Tim Cook participates in a panel discussion in New York City. Brian Ach | Getty Images Apple reported its largest single quarter in terms of revenue ever, with sales growing over 11% despite supply challenges and the lingering effects of......

‘Beyond our wildest dreams’: Supreme Court Justice Ruth Bader Ginsburg’s library nets nearly $2.4 million in auction

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CNBC – For more and to sign up click here Supreme Court Justice Ruth Bader Ginsburg participates in a discussion during the Library of Congress National Book Festival at the Walter E. Washington Convention Center on Saturday, August 31, 2019. Tom Williams | CQ-Roll Call, Inc. | Getty Images Late......

GM CEO Mary Barra takes first autonomous car ride with Cruise: ‘It’s just surreal’

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CNBC – For more and to sign up click here “It’s just surreal,” General Motors CEO Mary Barra says while testing one of the company’s driverless cars in San Francisco, calling it a highlight of her career. Barra took the ride last week in a retrofitted Chevrolet Bolt EV with......

Most Americans say work and life balance is more important than a higher salary. How to manage if you need to take a pay cut

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CNBC – For more and to sign up click here Westend61 | Westend61 | Getty Images The pandemic has upended millions of American lives, and for many has made them reconsider priorities around work. That’s prompted many to quit jobs amid the so-called Great Resignation. In November, a record 4.5......

The fund that made $700 million on GameStop knew it was time to sell after an Elon Musk tweet

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CNBC – For more and to sign up click here NurPhoto | NurPhoto | Getty Images One hedge fund got the GameStop trade just about perfectly right last year — buying it under $10 and selling when the meme stock peaked. The sell signal it used? An Elon Musk tweet.......

Bill Ackman and Wall Street’s new battle over the value of a Netflix subscription

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CNBC – For more and to sign up click here Reed Hastings, Co-CEO, Netflix speaks at the 2021 Milken Institute Global Conference in Beverly Hills, California, U.S. October 18, 2021. David Swanson | Reuters For a company that had seen shares rise 600-fold in less than 20 years, Netflix has......

Kansas City Chiefs fans donate over $300,000 to Buffalo children’s hospital following playoff win over Bills

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CNBC – For more and to sign up click here Buffalo Bills quarterback Josh Allen (17) runs the ball during the AFC Divisional Round playoff game against the Kansas City Chiefs on January 23rd, 2022 at Arrowhead Stadium in Kansas City, Missouri. William Purnell | Icon Sportswire | Getty Images......

Cramer says investors should not rush to buy or sell outside of regular trading hours. Here’s why

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CNBC – For more and to sign up click here CNBC’s Jim Cramer on Thursday cautioned investors against rushing to empty or beef up their portfolios based on movements outside of normal U.S. trading hours. “Don’t pay attention to what the futures [are] doing. Pay attention to what you like,”......

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