Google could pay upwards of $110 million, without subsidies, to buy large swaths of land in San Jose, according to a new city document detailing its negotiations with the company on its plan to build a mega-campus 15 miles south of its headquarters. The plan describes sites that cover around […]
CNBC News
Google’s new cloud chief has a culture clash ahead of him after 22 years at Oracle
Upon leaving Oracle in September, after a 22-year career at the software giant, Thomas Kurian told friends and colleagues that he was going to take a step back and decide what to do next. One person he exchanged LinkedIn messages with was a former boss at Oracle, Gary Bloom, who […]
Trump’s trade war with China could disrupt the traditional Thanksgiving rally
As stocks enter the short Thanksgiving holiday week, investors looking for any signs of a market comeback are paying close attention to trade developments with China. President Donald Trump gave the market a boost Friday when he said he was hopeful the U.S. and China would strike a deal on […]
Cramer Remix: When the market brings this sector down, this stock is a buy
Gaming may be a massive industry, but lately, shares of top video-game publishers have been struggling, so much so that CNBC’s Jim Cramer decided to dig deeper on Friday and find the source of the weakness. Even with the triple tailwinds of the rise of the stay-at-home economy, the rise […]
Cramer: Don’t buy shares of Nvidia—the chipmaker is in the penalty box for now
The breakdown in shares of Nvidia is a prime example of why investors should never fall in love with a stock, CNBC’s Jim Cramer said Friday as shares of the chipmaker hovered near their 52-week lows. The stock plunged as much as 19 percent after Nvidia’s third-quarter earnings report, which […]
California hopes to get the jump on fires by expanding its high-tech early warning camera system
California Gov.-elect Gavin Newsom’s high-tech plan to fight wildfires, which he outlined during the campaign, is now getting renewed attention, with the state facing longer and more devastating fire seasons. Some experts have called the project — a camera network that gives an early warning of wildfires in forests and […]
CIA reportedly determines Saudi crown prince ordered the killing of Jamal Khashoggi
The CIA has determined that Saudi Crown Prince Mohammed bin Salman ordered the assassination of journalist Jamal Khashoggi, NBC News reported Friday, citing a person briefed on the CIA’s assessment. The CIA declined NBC News’ request for comment Friday night. The Washington Post, which first reported the CIA findings, said […]
Coca-Cola CEO on coffee strategy: We’re not going head to head with Starbucks
Coca-Cola’s $5.1 billion acquisition of U.K. coffee chain Costa was less of an effort to take on giants like Starbucks than a move to create a new type of coffee experience, Coca-Cola President and CEO James Quincey tells CNBC. To Quincey, who joined Jim Cramer for an exclusive interview Friday, […]
Cramer’s game plan: Focus on opportunity as market awaits Fed, China news
CNBC’s Jim Cramer will be seeking out “man-made” buying opportunities for investors in the short week before Thanksgiving Day. Some of these opportunities reared their heads Friday, he said on “Mad Money.” Federal Reserve Vice Chairman Richard Clarida told CNBC that the central bank should be more data-dependent and President […]
Republican Brian Kemp is the apparent winner in Georgia governor’s race, defeating Stacey Abrams
Republican Secretary of State Brian Kemp is the apparent winner of Georgia’s gubernatorial election, denying Democrat Stacey Abrams’ bid to become the nation’s first black woman governor, NBC News projects. On Friday, Kemp urged Georgians to move on, saying on Twitter that the state “can no longer dwell on the […]