Month: December 2024
2024 was a ‘tale of two halves’ for Chinese travel, says Hilton APAC President
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The first half of 2024 was marked by depressed consumer confidence, but the second half saw increased travel interest that will impact on bookings to Japan, Korea and Southeast Asia in 2025, Hilton Asia-Pacific President Alan Watts told “Squawk Box Asia” on […]
Read More
CNBC Daily Open: Tech firms in the spotlight
Nvidia H100 chips inside a server room at the Yotta Data Services Pvt. data center, in Navi Mumbai, India, on Thursday, March 14, 2024. Dhiraj Singh| Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to […]
Read More
Tesla sued by deceased driver’s family over ‘fraudulent misrepresentation’ of Autopilot safety
Tesla Supercharger stations are seen in a parking lot in Austin, Texas, on Sept. 16, 2024. Brandon Bell | Getty Images Tesla is being sued by the family of a driver who died in a 2023 collision, claiming that the company’s “fraudulent misrepresentation” of its Autopilot technology was to blame. The Tesla driver, Genesis Giovanni […]
Read More
Stock futures are little changed after S&P 500, Nasdaq Composite retreat from records: Live updates
Traders works on the floor at the New York Stock Exchange on Dec. 2, 2024. Brendan Mcdermid | Reuters Stock futures hovered near the flatline on Monday evening, after both the S&P 500 and Nasdaq Composite pulled back from record highs. Futures tied to the broad market index slipped 0.07%, while Nasdaq 100 futures inched […]
Read More
Asia-Pacific markets set to open higher as investors await Australia rate decision
The full moon, otherwise known as a strawberry supermoon, is seen over the Skyline of the CBD in Sydney, Australia June 15, 2022. Steven Saphore | Anadolu Agency | Getty Images Asia-Pacific markets were set to open mostly higher Tuesday, following losses on Wall Street that saw the S&P 500 and Nasdaq Composite pull back from record highs ahead […]
Read More
Deutsche Bank names its top UK picks with compounding growth potential — and one has more than 50% upside
Deutsche Bank has named seven London-listed companies in the business services sector as its “top picks for 2025,” highlighting stocks with strong growth potential and defensive characteristics in an uncertain market environment. The investment bank highlighted Diploma , Experian , JTC , PageGroup , Renew Holdings , Rentokil , and XPS Pensions Group as companies […]
Read More
UnitedHealthcare CEO killing: Luigi Mangione called Unabomber ‘revolutionary’
The suspect involved in killing of Brian Thompson, the CEO of UnitedHealthcare, in Midtown Manhattan on Dec. 4, 2024. Source: NYPD The man considered a “strong person of interest” in the fatal shooting of UnitedHealthCare CEO Brian Thompson is a private-school valedictorian and tech whiz, who used social media to critique society. Luigi Mangione, 26, […]
Read More
Stocks making the biggest moves after hours: Oracle, C3.ai, Vail Resorts, Planet Labs and more
Check out the companies making headlines in extended trading. Oracle — Stock in the computer technology company slipped 5% after Oracle slightly missed fiscal second-quarter earnings estimates. The firm reported adjusted earnings of $1.47 per share, while analysts polled by LSEG were looking for $1.48 a share. Oracle’s revenue of $14.1 billion matched analyst estimates. […]
Read More
Oracle shares slide on earnings and revenue miss
Oracle chairman and chief technology officer Larry Ellison speaks at the Oracle OpenWorld conference in San Francisco on Sept. 16, 2019. Justin Sullivan | Getty Images News | Getty Images Oracle shares slid 7% in extended trading on Monday after the database software company reported fiscal second-quarter results that fell short of analysts’ estimates. Here […]
Read More
Amazon is bringing Intuit QuickBooks software to its millions of third-party sellers
Sasan Goodarzi, president and CEO of Intuit Inc. and Andy Jassy, CEO of Amazon. David Paul Morris | Bloomberg | Getty Images Amazon has for years counted on millions of third-party sellers to provide the bulk of the inventory that consumers buy daily. But keeping track of their finances has long been a challenge for […]
Read More