Alphabet CEO Sundar Pichai walks to lunch at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 12, 2023. David Paul Morris | Bloomberg | Getty Images Alphabet is scheduled to report fourth-quarter earnings Tuesday after the market closes. Here’s what analysts are expecting: Earnings: […]
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E. Jean Carroll lawyer says Trump claims of judge conflict no basis to toss $83.3 million verdict
Attorney Roberta Kaplan delivers her closing argument during E. Jean Carroll’s second civil trial as Carroll accused former U.S. President Donald Trump of raping her decades ago, at Manhattan Federal Court in New York City, U.S., January 26, 2024, in this courtroom sketch. Jane Rosenberg | Reuters E. Jean Carroll‘s […]
Microsoft to announce quarterly results after the close
Microsoft CEO Satya Nadella, left, departs from federal court in Washington, D.C., on Oct. 2, 2023. Nathan Howard | Bloomberg | Getty Images Microsoft will report fiscal second-quarter earnings after the market close on Tuesday. Here’s what analysts polled by LSEG, formerly known as Refinitiv, are expecting: Earnings: $2.78 per […]
Citadel’s Ken Griffin says the economy looks ‘pretty damn good right now’
The market has managed to put behind the “economic anxiety” it faced as recently as the fourth quarter of 2023, according to Citadel CEO Ken Griffin. The hedge fund manager said Tuesday that a soft landing could happen this year, with recent data indicating a solid labor market, healthy GDP […]
The Fed will cut rates fewer times and start them later than market hopes, according to CNBC Fed survey
Respondents to the CNBC Fed Survey see fewer interest rate cuts than the market’s aggressive outlook, with the central bank starting them later in the year than traders currently hope. Just 9% see the Federal Reserve cutting rates in March. Fifty percent see a cut in May and only in […]
New York sues Citibank for alleged failure to reimburse fraud victims
Citi’s bank branch in the central business district of Singapore on Feb. 12, 2018. Ore Huiying | Bloomberg | Getty Images New York Attorney General Letitia James on Tuesday sued Citibank for allegedly failing to protect and reimburse victims of electronic fraud. The suit claims that Citi does not have […]
UPS announces 12,000 job cuts, says package volume slipped last quarter
A United Parcel Service truck searches for a house driving along the coast of Cape Cod on July 24, 2023 in Orleans, Massachusetts. Robert Nickelsberg | Getty Images UPS fell short of Wall Street revenue estimates Tuesday, reporting drops in shipping volume, both internationally and domestically, in its fourth-quarter earnings […]
Apple Vision Pro review: This is the future of computing and entertainment
Apple Vision Pro Todd Haselton | CNBC It’s night. I’m at a lake near Oregon’s Mount Hood, sitting on the beach. Jazz music is playing as I write. I’m not in the real world. Well, I sort of am. I’m wearing Apple’s new Vision Pro headset, which looks like a […]
Watch Citadel CEO Ken Griffin talk financial markets, Wall Street and his outlook for 2024
[The stream is slated to start at 10:10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Citadel CEO Ken Griffin is slated to speak to CNBC’s Leslie Picker on Tuesday at the MFA Network event in Miami. The chat comes a […]
GM to release plug-in hybrid vehicles, backtracking on product plans
General Motors reveals the new 2016 Chevrolet Volt to the media at the 2015 North American International Auto Show on January 12, 2015 in Detroit, Michigan. Getty Images DETROIT – General Motors is changing its product lineup strategy to include plug-in hybrid electric vehicles, CEO Mary Barra told investors Tuesday. […]