Boeing 737 MAX airplanes, including the 737 MAX 9 test plane (L), are seen at Renton Municipal Airport, on March 14, 2019 in Renton, Washington. Stephen Brashear | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more
The new Apple Vision Pro headset is displayed during the Apple Worldwide Developers Conference on June 05, 2023 in Cupertino, California. Justin Sullivan | Getty Images Qualcomm on Thursday announced a new chip that will be used by Samsung and Google for mixed reality devices that are likely to compete with Apple’s Vision Pro headset. … Read more
A man walks past the Samsung logo displayed on a glass door at the company’s Seocho building in Seoul on April 7, 2023. Jung Yeon-je | Afp | Getty Images Samsung recently announced it will host a news conference in San Jose, California, on Jan. 17 where it will unveil its newest Galaxy phones. Samsung … Read more
CNBC’s Jim Cramer on Wednesday said that as Wall Street’s desire to buy the “Magnificent Seven” tech stocks has waned, dividend-paying stocks are grabbing more attention. “The market has, momentarily, fallen out of love with the Mag Seven,” Cramer said. “This is a new market — that’s right — where the mega cap techs are … Read more
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures were little changed in overnight trading after the Nasdaq Composite registered its worst session since October. Futures tied to the Dow Jones Industrial Average slipped 2 points, while S&P 500 futures and Nasdaq-100 futures hovered near the flatline. In after-hours trading, … Read more
The list of most-loved Club stocks on Wall Street entering the new year resembles the list of 2023 winners, except for two stocks: Constellation Brands and Disney . The Mexican beer importer and media-and-entertainment giant are among the 11 Club holdings with buy-equivalent ratings from at least 75% of the analysts who cover them, according … Read more
Apple CEO Tim Cook attends the annual session of China Development Forum (CDF) 2018 at the Diaoyutai State Guesthouse in Beijing, China March 26, 2018. Jason Lee | Reuters Apple shares slipped more than 3% in Tuesday morning trading, after Barclays downgraded the stock to underweight and slightly trimmed its price target from $161 to … Read more
Michael Cohen, Donald Trump’s onetime personal lawyer and fixer, says he unwittingly passed along to his attorney bogus artificial intelligence-generated legal case citations he got online before they were submitted to a judge. Cohen made the admission in a court filing unsealed Friday in Manhattan federal court after a judge earlier this month asked a … Read more
The Nasdaq MarketSite in the Times Square neighborhood of New York, on Tuesday, May 31, 2022. Michael Nagle | Bloomberg | Getty Images Tech stocks rebounded from a disastrous 2022 and lifted the Nasdaq to one of its strongest years in the past two decades. After last year’s 33% plunge, the tech-heavy Nasdaq finished 2023 … Read more
It was a big rebound year for stocks. The S & P 500 gained 24%, while the Dow rose 14% and the tech-heavy Nasdaq rose more than 43%. All three major averages were coming off big losses in 2022. Our portfolio of 33 stocks also bounced back. Throughout the year, we held onto our conviction … Read more
