The Google corporate office at The Hub building in Warsaw, Poland on Sept. 16th, 2025. Beata Zawrze | Nurphoto | Getty Images The news cycle barely stopped to breathe today. First, Trump meets Xi. U.S. President Donald Trump met Chinese leader Xi Jinping in South Korea on Thursday, during which he struck a 1-year rare […]
CNBC Daily Open: All about Trump-Xi, Fed cuts and Big Tech earnings Read More »
Signage at Google headquarters in Mountain View, California, US, on Thursday, Oct. 23, 2025. Benjamin Fanjoy | Bloomberg | Getty Images The news is coming in fast and thick. Strap in. First, interest rates. The U.S. Federal Reserve lowered rates by 25 basis points, as expected by traders. But Chair Jerome Powell cautioned that another
CNBC Daily Open: Capex is the number to look at amid Big Tech earnings Read More »
Meta Platforms shares were taking a beating in extended hours trading on Wednesday after management raised its expense guidance and took a massive tax charge. Revenue in the three months ended Sept. 30Â climbed 26% year over year to $51.24 billion, easily outpacing the consensus estimate of $48.14 billion, according to LSEG. Adjusted earnings per share
Wall Street hates Meta’s AI spending guidance raise. We don’t Read More »
Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images Samsung Electronics reported a rebound in earnings on Thursday, with operating profit more than doubling from the previous quarter on a rebound in its chip business. Here are Samsung’s third-quarter results compared with LSEG SmartEstimate, which
AI is tipped to transform the economy and eventually evolve into a $4.8 trillion market, but the question on everyone’s lips right now is: is the market in a bubble? Everyone from tech CEOs to asset managers and central bankers is worried the promise of AI could quickly turn sour if it doesn’t live up
Fund managers reveal their bubble recipes and what to watch for as AI stocks soar Read More »
ServiceNow CEO Bill McDermott pushed back against the idea that artificial intelligence technology will make enterprise software redundant in a Wednesday interview with CNBC’s Jim Cramer. “We realize the world needs access to the great hyperscalers, and so we integrated with all three of them. So that’s a cooperative,” McDermott said. “The world’s going to
Microsoft CEO Satya Nadella speaks at Axel Springer Neubau in Berlin on Oct. 17, 2023. Ben Kriemann | Getty Images Microsoft reported better-than-expected results for its fiscal first quarter as revenue in the company’s Azure cloud business jumped 40%. The stock slipped in extended trading. Earnings per share: $4.13 adjusted per share vs. $3.67 per
Microsoft reports earnings beat as Azure revenue climbs 40% Read More »
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The S & P 500 turned slightly lower Wednesday afternoon after Federal Reserve Chairman Jerome Powell said a December interest rate cut was not a
Market moves after the Fed rate cut — plus, two price target hikes on big-name stocks Read More »
Alphabet is set to report third-quarter earnings after the bell Wednesday. Here’s what analysts are expecting according to LSEG consensus: Revenue:Â $99.89 billion Earnings per share:Â $2.33 Wall Street is also watching several other numbers in the report: YouTube advertising revenue:Â $10.01 billion, according to StreetAccount Google Cloud revenue: $14.74 billion, according to StreetAccount Traffic acquisition costs (TAC):Â $14.82
Alphabet set to report Q3 earnings after the bell Wednesday Read More »
The Snowflake Inc logo, which represents the American cloud computing-based data company that offers cloud-based storage and analytics services, is being displayed on their pavilion at the Mobile World Congress 2024 in Barcelona, Spain, on February 28, 2024. Joan Cros | Nurphoto | Getty Images Snowflake had to make a Securities and Exchange Commission filing
Snowflake says exec shared unauthorized guidance in Instagram street interview Read More »
