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The Latest Breaking News from CNBC

This AI Startup Roped In Big Tech Executives From Google, Meta As Founding Members

LinkedIn (NASDAQ:MSFT) founder Reid Hoffman and DeepMind co-founder Mustafa Suleyman poached artificial intelligence gurus from Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, and Meta Platforms Inc (NASDAQ:FB) for their AI startup, Inflection, CNBC reports. Inflection' looked to develop AI software products that enabled hassle-free communication between humans and computers. Heinrich Kuttler quit his research engineering manager role at…

Benzinga

Domino's Pizza China Operator Eyes Hong Kong Listing: CNBC

Domino’s Pizza Inc’s (NYSE:DPZ) store operator in China, DPC Dash, is planning to go public on the Hong Kong stock exchange, CNBC reported. Domino’s Pizza has a 15.7% stake in DPC as of the filing date through wholly-owned entities, the report added. Bank of America Securities is the sole sponsor of the listing, the…

Benzinga

3 Twilio Engineers Charged By SEC For Insider Trading During Early Pandemic: What You Should Know

The U.S. Securities and Exchange Commission is charging three Twilio Inc (NYSE: TWLO) software engineers with insider trading and alleging that several of their associates were also involved.

Benzinga

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Spotify Adds Covid Content Advisory 2 Months After Backlash

Spotify Technology SA (NYSE:SPOT) added a Covid content advisory tab on podcasts and other content, CNBC reports. Several musicians and creators boycotted the platform for its airing of “The Joe Rogan Experience” over the alleged spread of Covid-19 vaccine misinformation. Spotify had promised the feature nearly two months ago. Also Read: Joe Rogan…

Benzinga

All The Stocks That Moved From Monday's CNBC's 'Fast Money: Halftime Report'

CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors.

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Why Jim Cramer Likes Bank Of America Stock

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Bank of America Corp (NYSE: BAC) in one of the companies that is "not expensive with very good management that I want to own."

Benzinga

US, European Union Forge Fresh Data Sharing Pact

The E.U. and U.S. broke the deadlock on cross-border data-transfer pact to relieve tech giants like Meta Platforms Inc (NASDAQ: FB), Bloomberg reports. The U.S. also agreed to provide energy to Europe as the Russian invasion of Ukraine threatened to disrupt the continent’s energy supplies, CNBC reports. This new pact will “enable predictable and trustworthy…

Benzinga

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Disney's Stock Continues To Underperform, But These Tailwinds Will Guide Shares Higher

Walt Disney Co (NYSE: DIS) was featured as the call of the day Friday on CNBC's "Fast Money Halftime Report."

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FAA To Continue 'Zero Tolerance' Policy Toward Unruly Passengers: CNBC

The Federal Aviation Administration chief Steve Dickson stated that the agency’s “zero tolerance” policy toward unruly passengers would continue, even though reports of bad behavior have declined from last year’s record, reported CNBC. The policy was established in January 2021 by the FAA in hopes of containing a surge of disruptive passengers,…

Benzinga

PreMarket Prep Stock Of The Day: Nio Stock Powers Down After Q4 Earnings

Only one noteworthy earnings report came after the close on Thursday, and it was from Nio Inc. (NYSE: NIO).

Benzinga

All The Stocks That Moved Friday From CNBC's 'Fast Money: Halftime Report'

CNBC’s "Fast Money: Halftime Report" delivers market-moving news to investors.

Benzinga

A 'Rocky Balboa Market' Is Upon Us: How Investors Can Roll With The Punches

The broader markets have managed to stay in the fight, bouncing off the ropes of correction territory and sustaining a recovery rally over the past two weeks. Capital Wealth Planning founder and CIO Kevin Simpson is warning investors the market may have more punches to throw.

Benzinga

Morning Brief: Top Stories Dominating Financial Media on Friday, March 25

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Why Cramer Likes Ferguson And Stanley Black & Decker

On CNBC’s "Mad Money Lightning Round," Jim Cramer said ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) is a "momentum-driven stock" whose momentum he believes has peaked.

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CNBC's Final Trades: Nvidia, Amazon, Wynn Resorts And This Dividend Play

On CNBC’s “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management said Amplify CWP Enhanced Dividend Income ETF (NYSE: DIVO) is “another high-quality dividend cover cal

Benzinga

Russia-Ukraine Crisis Could Further Jeopardize Ongoing Semiconductor Chip Crisis: CNBC

Russia’s war in Ukraine could hamper the production of neon, a critical gas in advanced semiconductor manufacturing, further aggravating the semiconductor chip crisis, CNBC reports. Neon is fundamental for the lasers in a chip production process known as lithography, very vital for Samsung Electronics Co Ltd (OTC:SSNLF), Intel Corp (NASDAQ:INTC), and Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM).…

Benzinga

Google Fielded Pay-Related Questions At Recent Meet

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google leaders faced a storm of criticism from employees on issues related to compensation, CNBC reports. Google defended the company's competitiveness at a recent all-hands meeting while conceding that the performance review process could change. Recently, Google's internal survey had reflected growing dissatisfaction with pay packages. Its peer Amazon.com Inc (NASDAQ:AMZN), looked…

Benzinga

This Investor Has 800% Gains In Cleveland-Cliffs: Here's Why He Won't Sell The Stock

Cleveland-Cliffs Inc (NYSE: CLF) was featured as the call of the day Thursday on CNBC's "Fast Money Halftime Report."

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Benzinga

All The Stocks That Moved From Thursday's CNBC's 'Fast Money: Halftime Report'

CNBC’s ‘Fast Money: Halftime Report’ delivers market-moving news to investors.

Benzinga

Jim Cramer Thinks 'The Bear Market Is Finished': Top Picks Include Nvidia And These 2 FAANGs

Many of the mega-cap technology names have snapped back off the lows since entering correction territory. Jim Cramer on Thursday provided an interpretation of the recent strength in the tech-heavy Nasdaq. "I look at the Nasdaq and I think maybe the bear market is finished," Cramer said on CNBC's "Squawk On The…

Benzinga

Morning Brief: Top Stories Dominating Financial Media on Thursday, March 24

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CNBC's Final Trades: Cadence Design Systems, Amazon, Guess And This Brick-And-Mortar Retail Giant

On CNBC’s “Halftime Report Final Trades,” Degas Wright of Decatur Capital Management chose Cadence Design Systems Inc (NASDAQ: CDNS), saying the company “makes design tools to develop micro

Benzinga

Why Jim Cramer Prefers Nvidia To 3D Systems

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he doesn’t like the balance sheet of AT&T Inc (NYSE: T) and is also very concerned about the spin-off of WarnerMedia.

Benzinga

Nickel Turmoil Saga Continues With Another 15% Limit-Up Spike On LME: Bloomberg

Nickel surges by the 15% exchange limit for a second day at The London Metal Exchange, putting fresh pressure on bearish position holders after an unprecedented short squeeze earlier this month, reported Bloomberg. Nickel is up 53% during March in LME after wild swings. The report added that Nickel prices surged to…

Benzinga

Why Most Kids Did Not Suffer Badly Due To COVID-19 Infection? Scientists Look To Solve Mystery: CNBC

The COVID-19 pandemic has led to over 6 million fatalities. The scientists are still studying why most children do not suffer badly from coronavirus infection.

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