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July 25, 2021

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Stocks making the biggest moves midday: Twitter, Snap, American Express and more

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CNBC – For more and to sign up click here Check out the companies making headlines in midday trading. Snap — Shares of Snap soared 23.9% after better-than-expected second-quarter earnings results. The social media company reported strong growth of users, engagement and ads. Twitter — Twitter shares gained about 3% after reporting......

Intel beats, but guides to lower margins for Q3

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CNBC – For more and to sign up click here Intel shares fell 2% after CEO Pat Gelsinger’s second earnings report at the helm of the American chip giant as investors assessed cautionary guidance on margins in the current quarter. Intel reported revenue and earnings per share that beat both......

Stocks making the biggest moves after hours: Twitter, Snap, Intel and more

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CNBC – For more and to sign up click here The Twitter logo is displayed on a smartphone screen on April 14, 2021. NurPhoto | NurPhoto | Getty Images Check out the companies making headlines after the bell:  Twitter — Shares of Twitter jumped more than 4% after hours following......

Stock futures are flat after major averages turn positive for the week

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CNBC – For more and to sign up click here U.S. stock index futures were flat in overnight trading on Wednesday, after the major averages advanced during regular trading to turn positive for the week. Futures contracts tied to the Dow Jones Industrial Average gained 27 points. S&P 500 futures......

Earnings could be the biggest driver for markets in the week ahead as investors watch bonds

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CNBC – For more and to sign up click here Traders on the floor of the New York Stock Exchange Source: NYSE Stocks enter a busy week for earnings news with two perplexing questions hanging over the market. One is whether the big gains in corporate profits will start to......

Stocks making the biggest moves premarket: Moderna, Didi, BioNTech, AMC and others

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CNBC – For more and to sign up click here These are the stocks posting the largest moves before the bell. Source – Click here for more To Return to the Main Aggregate News Page – click here...

What to expect from Microsoft’s next version of Windows

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CNBC – For more and to sign up click here Satya Nadella, chief executive officer of Microsoft Corp., speaks during the Windows 10 Devices event in New York on Oct. 6, 2015. Microsoft Corp. introduced its first-ever laptop, three Lumia phones and a Surface Pro 4 tablet, the first indication......

How Roku dominated streaming video — and why CEO Anthony Wood is now obsessed with content

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CNBC – For more and to sign up click here Anthony Wood of Roku and Reed Hastings of Netflix CNBC; Ernesto S. Ruscio | Getty Images When Netflix founder Reed Hastings spun off the streaming video box he was developing to a little-known start-up called Roku in 2008, he thought......

Intel CEO sees ’10 good years’ of chip industry growth

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CNBC – For more and to sign up click here Pat Gelsinger, CEO of Intel, speaks in Santa Monica, Calif., on March 9, 2017, in a photo taken when he was CEO of VMware. Patrick T. Fallon | Bloomberg | Getty Images Intel CEO Pat Gelsinger said that he expects......

Windows 10 was supposed to be the last version of the operating system — here’s why Microsoft might have changed its mind

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CNBC – For more and to sign up click here Satya Nadella, chief executive officer of Microsoft Corp., speaks during an event in San Francisco, California, U.S., on Thursday, March 27, 2014. Nadella unveiled Office software for Apple Inc.’s iPad, laying out how he plans to more aggressively push the......

This semiconductor stock could determine the chipmakers’ next move, strategist says

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CNBC – For more and to sign up click here Semiconductor stocks sat out the tech rally this week, and one strategist said a single chipmaker could point to their next move. “Right now, I’m worried about Taiwan Semiconductor, because it’s one of the most, maybe the most, important semiconductor......

Tech companies made big pledges to fight racism last year — here’s how they’re doing so far

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CNBC – For more and to sign up click here Demonstrators gather at the Lincoln Memorial during a protest against police brutality and racism on June 6, 2020 in Washington, DC. Win McNamee Last June, social media feeds became flooded with corporate statements about how companies would promote racial equity......

Palantir gets aggressive in SPAC investments, backing digital health, aviation and robot companies

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CNBC – For more and to sign up click here A pedestrian passes a banner displaying Palantir Technologies signage during the company’s initial public offering (IPO) in front of the New York Stock Exchange (NYSE), Sept. 30, 2020. Michael Nagle | Bloomberg | Getty Images Last year at this time,......

Why Intel and TSMC are building water-dependent chip factories in one of the driest U.S. states

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CNBC – For more and to sign up click here Electric vehicle being driven through Arizona desert The biggest semiconductor manufacturers in the world are quickly trying to build new factories as the global chip crisis continues to wreak havoc on a plethora of industries. U.S. semiconductor giant Intel announced......

LinkedIn spinout Confluent files for IPO, with annualized revenue of over $300 million

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CNBC – For more and to sign up click here Seven years after spinning out of LinkedIn, cloud software developer Confluent is going public. Confluent, which sells software that developers can use to quickly move data for use inside applications, filed its IPO prospectus on Tuesday, seeking to become the......

How Arizona became a hotbed for electric vehicles, microchips and self-driving tech

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CNBC – For more and to sign up click here Arizona has rapidly become an epicenter for electric vehicle and self-driving tech, and it’s now the site of three big new semiconductor factories as the U.S. struggles to increase production during the global chip shortage. The Arizona Commerce Authority says......

Google leads court filing supporting tens of thousands of U.S. visa-holders’ ability to work

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CNBC – For more and to sign up click here Google is leading an effort to maintain work authorization for tens of thousands of people whose spouses hold H-1B visas, the high-skilled visa that’s common in the tech industry. Companies across the tech industry, which has been historically vocal in......

Stocks making the biggest moves premarket: Marriott, Coty, BioNTech, Tyson Foods & more

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CNBC – For more and to sign up click here Check out the companies making headlines before the bell: Marriott (MAR) – Marriott earned an adjusted 10 cents per share for the first quarter, beating the 3 cent consensus estimate, with the hotel operator’s revenue very slightly below forecasts. Marriott said......

XPO Logistics reports quarterly earnings and revenue that beat expectations, raises guidance

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CNBC – For more and to sign up click here XPO Logistics Source: XPO Logistics XPO Logistics on Monday afternoon announced better-than-expected quarterly earnings and revenue on the strength of its trucking and logistics business. Shares of XPO hit an all-time intraday high ahead of its first-quarter earnings report, which......

How Apple does M&A: Small and quiet, with no bankers

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CNBC – For more and to sign up click here Apple CEO Tim Cook Spencer Platt | Getty Images In February, Apple CEO Tim Cook told shareholders that the company had bought about 100 companies in the past six years. That works out to the iPhone maker buying a company......

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