Month: November 2024
Shares of drone maker Unusual Machines soar more than 90% after Donald Trump Jr. joins advisory board
Donald Trump Jr. leaves a fundraiser for Donald Trump hosted by former “Neighbours” star Holly Valance, in London, June 12, 2024. James Manning | PA Images | Getty Images The share price of small U.S. drone and drone component maker Unusual Machines soared more than 90% in premarket trading Wednesday after the company announced that […]
Read More
Generative AI’s hype has yet to lead to a must-have gadget for the holiday season
Ray-Ban Meta smart glasses Meta Shoppers looking for gadgets and gizmos powered by generative AI technology to gift to their loved ones won’t have many options to choose from this holiday season. Generative artificial intelligence has taken Silicon Valley by storm since the launch of OpenAI’s ChatGPT chatbot in November 2022. Although startups have raised […]
Read More
Stocks making the biggest moves premarket: Dell Technologies, MicroStrategy, Urban Outfitters and more
Check out the companies making headlines before the bell. Dell Technologies — Shares fell more than 12% after the PC maker said it sees fourth-quarter revenue and earnings below Wall Street expectations . However, the company gave bullish commentary on artificial intelligence sales growth. Workday — Shares fell about 11% after the human resources software […]
Read More
France’s far right propped up the weak government. It could now bring it crashing down
Member of French far-right party Rassemblement National (RN) Marine Le Pen walks at the Paris courthouse amid her trial on suspicion of embezzlement of European public funds, in Paris, on November 27, 2024. Alain Jocard | Afp | Getty Images France’s government is hanging by a thread with the far-right National Rally party threatening to […]
Read More
Homebuyer demand for mortgages jumps 12%, after first interest rate drop in over 2 months
The Good Brigade | Digitalvision | Getty Images Mortgage rates dropped last week, and homebuyers jumped off the fence. They drove total mortgage demand up 6.3% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or […]
Read More
Homebuyer demand for mortgages jumps 12%, after first interest rate drop in over 2 months
The Good Brigade | Digitalvision | Getty Images Mortgage rates dropped last week, and homebuyers jumped off the fence. They drove total mortgage demand up 6.3% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or […]
Read More
‘Moana 2’-led Thanksgiving box office could be best in post-pandemic era
Auliʻi Cravalho voices Moana in Disney Animation’s “Moana 2.” Disney The domestic box office is poised for its biggest Thanksgiving haul since the pandemic thanks to a Polynesian princess, a pair of witches and a revenge-fueled gladiator. Disney’s “Moana 2” is set to hit theaters Wednesday and generate between $120 million and $150 million in […]
Read More
EasyJet rakes in record $4.5 billion from fare add-ons as CEO slams ‘unfair’ penalty over practice
EasyJet on Wednesday said it made £3.59 billion ($4.5 billion) from charging passengers for flight and holiday add-ons such as extra baggage in the full year to October, as the budget airline’s CEO criticized a recent Spanish fine over the practice. The easyJet group, which includes an airline and a package holiday provider, said ancillary […]
Read More
Pharma giant Sanofi opens $595 million vaccine facility in Singapore to prepare for potential pandemics
A Sanofi logo sits on the facade of the company’s headquarters on December 11, 2020 in Gentilly near Paris, France. Chesnot | Getty Images SINGAPORE — French pharmaceutical giant Sanofi on Wednesday opened a 800 million Singapore dollar ($595 million) “evolutive vaccine facility,” or EVF, in Singapore — the only such facility the company has […]
Read More
AI engineers are in high demand — but what is the job really like?
They’re some of the world’s most in-demand tech jobs — but what does a day in the life of an artificial intelligence engineer look like? CNBC got a first-hand look at how AI is transforming three very different industries. “Artificial intelligence” and “job creation” aren’t typically two terms thrown together in the same sentence — […]
Read More