A sales consultant with Illumina displays a flow cell at a symposium in La Jolla, California. Sam Hodgson | Reuters Illumina, which makes machines to sequence DNA, laid off 58 people from its staff of more than 8,000 this month, according to publicly available filings. The news follows Illumina shares […]
CNBC News
Wall Street is ‘terrified’ of Elizabeth Warren — Jim Cramer says buy dips in health-care stocks
Wall Street is “terrified” of a potential Elizabeth Warren presidency and it has opened up buying opportunities in the market, CNBC’s Jim Cramer said Thursday. The worried investors are trying to game the 2020 election and the Massachusetts senator’s odds of winning the Democratic Party nomination and the White House […]
Stocks making the biggest moves after hours: LATAM, Micron, Las Vegas Sands and more
Passengers seen boarding a LATAM Airlines Airbus 320 at Puerto Maldonado airport also know as Padre Aldamiz International Airport. John Milner | LightRocket | Getty Images Check out the companies making headlines after the bell: LATAM Airlines shares skyrocketed more than 47% after the bell following a CNBC report that […]
Buy bitcoin every chance you get, says hedge fund veteran Mark Yusko
Investors shouldn’t let the day-to-day fluctuations of bitcoin deter them from investing in the valuable cryptocurrency, hedge fund veteran Mark Yusko said Thursday. “Buy it,” the founder, CEO and chief investment officer of Morgan Creek Capital said on CNBC’s “Fast Money” two days after the price of bitcoin plunged to […]
China trade talks set to resume Oct. 10
Trade talks between the U.S. and China are set to resume Oct. 10-11 in Washington, D.C., three people close to the talks told CNBC on Thursday. Chinese Vice Premier Liu He will be representing the delegation from Beijing, one of the people told CNBC. Liu visited Washington this spring sporting the […]
Global talent sports agency Endeavor pulls plug on IPO day before debut
BEVERLY HILLS, CA- 062713- Ari Emanuel, Co-CEO, William Morris Endeavor, (L) Patrick Whitesell, Co-CEO, William Morris Endeavor and David Droga, Founder and Creative Chairman, Droga5 pose for photos at the headquarters of William Morris Endeavor in Beverly Hills, CA. J.Emilio Flores | Corbis News | Getty Images Mega talent sports […]
Here’s everything WeWork’s new co-CEOs are trying to sell since taking over on Tuesday
Artie Minson, president and chief operating officer of WeWork, speaks during the annual Milken Institute Global Conference in Beverly Hills, May 4, 2016. Patrick T. Fallon | Bloomberg | Getty Images Just two days after Adam Neumann’s exit at WeWork, the company’s new CEOs are taking significant steps to trim […]
Jennifer Lopez, Shakira to headline Pepsi’s Super Bowl Halftime Show
J.Lo and Shakira to perform at Super Bowl Halftime Show. Source: NFL After weeks of speculation, it’s official Jennifer Lopez and Shakira will be headlining the Pepsi Super Bowl Halftime Show. On Thursday, the National Football League, Pepsi and Roc Nation announced that the two superstars will share the stage […]
Pentagon to deploy Patriot missile system to Saudi Arabia after oil attacks
U.S. Soldiers talk after a routine inspection of a Patriot missile battery at a Turkish military base in Gaziantep, Turkey. Department of Defense photo WASHINGTON — The Pentagon on Thursday announced that the U.S. will send a Patriot missile battery, radars and roughly 200 support personnel to Saudi Arabia in […]
Here’s what happened to the stock market on Thursday
Dow Jones Industrial Average falls TK points The Dow fell 79 points, or 0.29%, to 26,891.12. The S&P 500 slid 0.24% to close at 2,977.62. The Nasdaq Composite dropped 0.6% to 8,030.66. Thursday’s meandering came as investors grappled with worries over U.S.-China trade relations and the mounting pressure by Democrats […]