CNBC News

Snap is expected to report its latest earnings after the bell on Tuesday, in the middle of a highly-anticipated redesign that may turn things around for the company. Here’s what analysts are expecting: Revenue estimate: $252.9 million, according to a Thomson Reuters consensus estimate. Earnings estimate: Loss of 16 cents […]

Wall Street may be underestimating General Motors, said one analyst after the company beat expectations Tuesday. Sales of the company’s new crossover vehicles could withstand financial headwinds through 2018, said CFRA analyst Efraim Levy in a note sent Tuesday, after GM delivered better-than-expected results for the fourth quarter of 2017. […]

Since he won the presidency, Donald Trump has become the stock market’s biggest cheerleader. As markets climbed at the end of 2016 and throughout 2017, the president promoted a string of new milestones or records. He explicitly tied the rally to his policies and optimism about the economy’s prospects during […]

Billionaire investor Carl Icahn told CNBC on Tuesday that he has an unfavorable view of bitcoin and other cryptocurrencies, calling them “ridiculous.” “I don’t like the cryptocurrencies only because, maybe I don’t understand them,” the chairman of Icahn Enterprises said in an interview on “Fast Money Halftime Report.” “How do […]

I interviewed David Sacks last August about his interest in cryptocurrency. His interest was well-founded as the whole asset class took off last fall. In a recent report by Axios, Sacks said he’s raised a new venture fund with partner and well-known Silicon Valley angel investor Bill Lee. It felt […]

Former White House chief strategist Steve Bannon is slated to meet with special counsel Robert Mueller next week, NBC News reported Tuesday, citing a source familiar with the process. Bannon, who also headed President Donald Trump’s campaign down the stretch of the 2016 election, has come under scrutiny recently due […]

Elon Musk has a really big Tuesday ahead of him. His company, SpaceX, is set to launch its Falcon Heavy rocket from NASA’s Kennedy Space Center in Cape Canaveral, Florida, at 1:30 p.m. If successful, the 27-engine behemoth will be the most powerful rocket in use today. Jeff Bezos took […]

Fidelity, one of the biggest fund managers, had outages in its website Tuesday morning as the U.S. stock markets reversed a sharp downturn. “Our homepage is temporarily unavailable but don’t worry, we’re working quickly to fix this problem,” Fidelity said in a message on its website. “You can still access […]

The U.S. stock market’s open on Tuesday was rather smooth after a volatile two days, New York Stock Exchange President Tom Farley told CNBC. Stocks erased earlier losses Tuesday as the indexes tried to recover from Monday’s 1,175-point sell-off. The Dow Jones industrial average turned negative again after rising more […]

Students at these 10 high schools have a lot to be proud of. U.S. News & World Report analyzed data from 22,000 public high schools in 50 states and the District of Columbia and found that 10 schools stood out as the best in the country. They considered factors such […]