Month: July 2024
Bitcoin moves toward $70,000 then dips as investors digest political developments: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, CNBC Crypto […]
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Short seller Andrew Left surrenders on securities fraud charges in L.A., due in court
Andrew Left, founder and CEO of Citron Research Adam Jeffery | CNBC The activist short seller Andrew Left surrendered in Los Angeles on Monday to face federal criminal securities fraud charges, a spokesman for the U.S. Attorney’s Office there said. Left, 54, is scheduled to appear before Magistrate Judge Rozella Oliver in U.S. District Court […]
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McDonald’s is falling short, needs to win over low-income consumers, key exec tells operators in memo
McDonald’s fast food restaurant in Manhattan, New York, United States of America, on July 6th, 2024. Beata Zawrzel | Nurphoto | Getty Images After a challenging second quarter, McDonald’s executives told restaurant operators and analysts they are refocusing on how to recapture consumers with deals, as they pushed for an extension of the its $5 […]
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U.S. crude oil falls nearly 2% as traders unfazed by Israel-Hezbollah escalation
Smoke billows following an Israeli airstrike in the southern Lebanese border village of Chihine on July 28, 2024. Kawnat Haju | Afp | Getty Images U.S crude oil futures fell nearly 2% on Monday as traders appeared unfazed by the risk of a widening war between Israel and the Iran-backed militia Hezbollah. A rocket fired […]
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We’re encouraged by Abbott stock trading but discouraged by moves in Honeywell
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. Market moves: The S & P 500 was on track for small gains following a solid rally last Friday. There’s still some market rotation happening, but […]
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Apple releases first preview of its long-awaited iPhone AI
Apple Intelligence introduced during Apple’s WWDC 2024 in Cupertino, California, on June 10, 2024. Source: Apple Inc. Apple on Monday released the first version of Apple Intelligence, its suite of artificial intelligence features that will improve Siri, automatically generate emails and images and sort notifications. The new software called Apple Intelligence was released in the […]
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AT&T, other phone companies sued over stolen nude images could face liability after court ruling
Juyochi | Istock | Getty Images Wireless providers including T-Mobile, AT&T and Verizon have faced a string of lawsuits in recent years from women who allege retail employees stole intimate images or videos from their phones while helping them with in-store data transfers. The cases are routinely dismissed when the companies argue they weren’t aware […]
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Here are JPMorgan’s top drug stock picks into earnings
JPMorgan is eyeing a few drug manufacturers ahead of their earnings reports as investors continue to sell out of major technology firms. Major market trends in the first half of 2024 have shifted and sparked a rotation out of large technology stocks into less-loved areas of the market, including value stocks and small caps. The […]
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Stocks making the biggest moves midday: Walt Disney, Dexcom, McDonald’s, On Semiconductor and more
Check out the companies making headlines in midday trading: McDonald’s — McDonald’s shares jumped more than 4% even after the fast-food giant posted quarterly earnings and revenue that fell short of Wall Street’s estimates. The company also reported a decline in same-store sales. Revvity — The life sciences company advanced 6% after posting a second-quarter […]
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Trump agrees to victim interview as FBI searches for shooter’s motive
TOPSHOT – Former US president and Republican presidential candidate Donald Trump touches his injured ear during a sound check on the third day of the 2024 Republican National Convention at the Fiserv Forum in Milwaukee, Wisconsin, on July 17, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Former President Donald Trump will participate in an […]
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