Democratic Presidential hopeful Marianne Williamson speaks at the California Democratic Party 2019 Fall Endorsing Convention in Long Beach, California on November 16, 2019. Mark Ralston | AFP | Getty Images Author Marianne Williamson announced her exit from the 2024 presidential race. “As of today we are suspending our campaign,” she […]
CNBC News
Wynn is almost back in Macao and crushing it in Vegas even before Super Bowl, Chinese New Year
Wynn Resorts posted beats on its top and bottom lines in the fourth quarter. In results released after the closing bell Wednesday, both Macao locations and Las Vegas were strong while Boston Harbor was essentially in line with expectations. The Club stock moved higher in after-hours trading. Operating revenue for […]
China’s central bank encourages local businesses to accept foreign payment cards
A coffee shop at Beijing Capital Airport shows customers can use Visa, Mastercard, the digital Chinese yuan and other payment methods. CNBC | Evelyn Cheng BEIJING — China is encouraging banks and local businesses to accept foreign bank cards and is considering other steps to make mobile pay for international […]
Wall Street loves Disney’s kitchen-sink quarter, but Nelson Peltz says he isn’t backing down
Nelson Peltz, founding partner and CEO of Trian Fund Management, speaks with CNBC’s Andrew Ross Sorkin on July 17, 2013 in New York. Heidi Gutman | CNBC, NBCU Photo Bank, NBCUniversal via Getty Images Are you not entertained, Nelson Peltz? Disney shares jumped 6% in after-market trading Wednesday after the […]
SoftBank nets $16 billion on Arm earnings pop, exceeding its total losses in WeWork
Billionaire Masayoshi Son, chairman and chief executive officer of SoftBank, which owns Arm, speaks during a news conference in Tokyo, July 28, 2016. Tomohiro Ohsumi | Bloomberg | Getty Images Masayoshi Son’s SoftBank made more in Arm’s after-hours trading on Wednesday than the total amount the company lost from its […]
This semi name just hit a fresh all-time high. Why its stock market dominance could last
Nvidia shares hit a fresh all-time high today, and its gains may still be in the early innings, according to VanEck CEO Jan van Eck. Van Eck, whose firm runs the largest U.S. semi exchange-traded fund, points to a first-mover edge in the race to fabricate artificial intelligence chips that […]
ESPN will launch its own streaming service in fall 2025, alongside joint venture
A detail view of a broadcast camera is seen with the NFL crest and ESPN Monday Night Football logo on it during a game between the Chicago Bears and the Minnesota Vikings at Soldier Field in Chicago on Dec. 20, 2021. Icon Sportswire | Icon Sportswire | Getty Images ESPN […]
Taylor Swift Eras Tour film to stream exclusively on Disney+ starting March 15
Taylor Swift performs during opening night of her The Eras Tour at Soldier Field in Chicago on June 2, 2023. Chicago Tribune |Getty …Ready for it? Taylor Swift’s filmed Eras Tour has found a home on Disney+. The concert film will arrive on the platform on March 15, Disney CEO […]
Arm shares soar as much as 41% after chip designer gives strong forecast, says AI is boosting sales
Arm makes the CPU architecture for chips found in nearly all smartphones. An Arm chip is shown here in San Jose, California, on October 12, 2023. Sydney Boyo Arm reported fiscal third-quarter earnings Wednesday that beat estimates and gave a strong profit forecast for the current quarter. The shares soared […]
Warner Music to cut 600 jobs, or 10% of staff
The Warner Music Group logo is displayed on a smartphone. Sopa Images | Lightrocket | Getty Images Warner Music is laying off 600 employees, or about 10% of its workforce, according to a Wednesday filing. The company said the layoffs are part of a broader restructuring plan aimed at saving […]