Robinhood, a major player in the online investments app world, has announced a new venture into the U.K. market for the third time. The company plans to launch its platform in early 2024, offering features such as access to 6,000 U.S. stocks and 24-hour trading five days a week. Although Robinhood won’t initially offer U.K….
Apple has informed Goldman Sachs that it plans to end its credit card and savings account partnership within the next 12 to 15 months. This news comes from a source familiar with the matter who spoke with CNBC’s Leslie Picker. This planned move would terminate one of the most high-profile partnerships between a bank and…
Tech giants Apple (AAPL), Amazon (AMZN), and Nvidia (NVDA) have been making headlines in the stock market as the year draws to a close. Let’s take a closer look at what’s been happening with each of these companies. AAPL Year-To-Date Performance Apple smartphone sales in China have reportedly fallen short of those of Hauwei and…
Several companies are making headlines in midday trading, with Nvidia shares falling 1.7% after reports that the company will delay the release of a new AI chip in China due to U.S. export restrictions. Electric vehicle startup Fisker saw a 5% increase in shares following the announcement of a delayed quarterly report and changes to…
iRobot, Nvidia, Apple, Walmart, Target, Amazon, Best Buy, and Fisker are all making headlines in the pre-market trading session. Shares of iRobot surged 30% after a report from Reuters, citing sources familiar with the matter, said that Amazon is close to receiving regulatory approval in the European Union for its $1.4 billion acquisition of the…
Former CEO of OpenAI, Sam Altman, is set to return to his position, just a week after being ousted. This significant change comes after an outpouring of support for Altman from both employees and investors, prompting the board to reverse its decision. Additionally, Salesforce co-CEO Bret Taylor and former Treasury Secretary Larry Summers are joining…
In 2023, the idea of diversifying your stock portfolio to minimize risk proved to be a disappointing strategy. A wide array of sectors such as financials, retailers, drugs, foods, utilities, autos, airlines, and oils saw steep declines if the timing of investments was not perfect. This reality challenges the classic investment rule of not putting…
Apple and Disney have both halted their online advertising campaigns on X, formerly Twitter, after Elon Musk expressed support for an antisemitic tweet. This decision was confirmed by sources familiar with both companies’ moves. In addition, other companies like Warner Bros Discovery, Paramount Global, Lions Gate Entertainment, and Comcast have also suspended their campaigns on…
Tesla CEO Elon Musk joined UK Prime Minister Rishi Sunak in London on Thursday for a discussion on the risks posed by artificial intelligence. The event was part of the UK’s efforts to position itself at the forefront of global initiatives aimed at mitigating the dangers posed by advancing technology, which could potentially extend to…
CNBC Investing Club with Jim Cramer: Key Moments from Monday’s Morning Meeting The CNBC Investing Club with Jim Cramer held its Morning Meeting livestream at 10:20 a.m. ET on Monday, discussing the latest developments in the stock market. Here are the key moments from the meeting: 1. U.S. equities experienced pressure on Monday, with the…
