Day: April 20, 2026
Apple goes for the ‘continuity candidate’ to replace Cook. What the CEO change means for investors
Apple ‘s surprise leadership announcement on Monday left Wall Street reconsidering their expectations for the future of the technology titan. The iPhone maker said John Ternus, a senior vice president of hardware engineering, will succeed CEO Tim Cook on Sept. 1. Cook would move to the role of executive chairman after about 15 years as […]
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CNBC’s The China Connection newsletter: China ships more humanoid robots than the U.S. as investors diverge on AI bets
A staff member trains a humanoid robot to replicate human behavior at a training center in Hefei, Anhui province of China, on April 13, 2026. Vcg | Visual China Group | Getty Images Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot […]
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Tim Cook reactions: Sam Altman, Palmer Luckey react to Apple CEO move
Apple CEO Tim Cook holds an iPhone 17 pro and an iPhone air, as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. Sept. 9, 2025. Manuel Orbegozo | Reuters Apple announced on Monday that CEO Tim Cook will be replaced by John Ternus. Executives across the tech […]
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Jim Cramer warns against chasing ‘parabolic’ stocks and says there’s opportunity in overlooked names instead
Key Points CNBC’s Jim Cramer cautioned against chasing “parabolic” tech and AI stocks, warning those trades can quickly reverse. He emphasized the importance of finding opportunities in overlooked names and the need for diversification. CNBC’s Jim Cramer said Monday he’s wary of investors piling into the market’s hottest trades, arguing that chasing “parabolic” moves often […]
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Jim Cramer gives four reasons why the market keeps shrugging off the Iran war
CNBC’s Jim Cramer said the stock market’s muted reaction to escalating tensions in the Middle East shows investors are focused on forces far bigger than geopolitics. “When you saw the news…you had to believe we were just going to get clobbered today,” the “Mad Money” host said, referring to headlines over the weekend that Iran […]
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Labor Secretary Lori Chavez-DeRemer leaves Trump cabinet, Keith Sonderling takes over
Labor Secretary Lori Chavez-DeRemer speaks during a news conference in the U.S. Capitol on the government shutdown on Tuesday, November 4, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images Department of Labor Secretary Lori Chavez-DeRemer is resigning from the Trump administration, the White House said Monday. Chavez-DeRemer, 58, will “take a position in […]
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Apple taps John Ternus as CEO to replace Tim Cook, who will become chairman
John Ternus, senior vice president of hardware engineering at Apple Inc., during an Apple event in New York, US, on Wednesday, March 4, 2026. Adam Gray | Bloomberg | Getty Images Apple said on Monday that John Ternus is succeeding Tim Cook as CEO, with Cook assuming the role of executive chairman on Sept. 1. […]
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Stocks making the biggest moves after hours: Amazon, Apple, Steel Dynamics and more
Check out the companies making headlines after the bell : Zions — Shares slipped almost 3% after the regional bank reported net interest income in its first quarter of $662 million, coming in below the $674.5 million analysts polled by StreetAccount had anticipated. However, Zions’ earnings of $1.56 per share beat the consensus forecast of […]
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Amazon to invest up to another $25 billion in Anthropic as part of AI infrastructure deal
Andy Jassy, CEO of Amazon, speaking with CNBC at the World Economic Forum in Davos, Switzerland, Jan. 20, 2026. CNBC Amazon has agreed to invest up to $25 billion in Anthropic, on top of the $8 billion that it’s poured into the artificial intelligence startup in recent years, as part of an expanded agreement to […]
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Marvell pops on report it will help Google with custom AI chips. Broadcom shares sink
Marvell Technology Group Ltd. headquarters in Santa Clara, California, on Sept. 6, 2024. David Paul Morris | Bloomberg | Getty Images Shares of Marvell Technology gained nearly 6% on Monday amid reports that Google will use the chip design firm for two new chips to power artificial intelligence workloads. Until now, Google has relied on […]
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