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Stocks making the biggest moves midday: Lamb Weston, Tesla, Enphase Energy and more
Finance

Stocks making the biggest moves midday: Lamb Weston, Tesla, Enphase Energy and more

Check out the companies making headlines in midday trading. Lamb Weston –The potato and French-fry company tanked 27% after issuing a disappointing report for the fiscal fourth quarter. Lamb Weston generated adjusted earnings of 78 cents per share on $1.61 billion of revenue. Wall Street analysts were looking for $1.26 per share in earnings on […]

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Stocks making the biggest moves premarket: Alphabet, Tesla, Texas Instruments, Meta Platforms and more
Finance

Stocks making the biggest moves premarket: Alphabet, Tesla, Texas Instruments, Meta Platforms and more

Check out the companies making headlines in premarket trading. Alphabet — Shares of the Google parent-company slipped nearly 4% before the opening bell. Advertising revenue in Alphabet’s YouTube segment undershot expectations in the second-quarter and overshadowed results that beat analyst estimates on the top and bottom line. Tesla — Stock in the electric vehicle company […]

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How Truth Social could make former President Trump billions before turning a profit
Politics

How Truth Social could make former President Trump billions before turning a profit

Truth Social is a social media platform whose majority owner is former President Donald Trump. A team of early investors say they want to “end Big Tech’s assault on free speech.” Achieving that may require a rapid uptick in the size of its user base, which is currently unknown. The public has limited access to […]

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CNBC Daily Open: Nasdaq futures fall as Alphabet, Tesla earnings disappoint
World

CNBC Daily Open: Nasdaq futures fall as Alphabet, Tesla earnings disappoint

Traders work on the floor of the New York Stock Exchange (NYSE) on July 22, 2024 in New York City. Spencer Platt | 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 know, no matter where they […]

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Asia markets are mixed as traders assess Japan, Aussie business activity data and U.S. tech earnings
World

Asia markets are mixed as traders assess Japan, Aussie business activity data and U.S. tech earnings

An aerial view of the central business district and Sydney Opera House on February 17, 2023. David Gray | Getty Images News | Getty Images Japan’s Nikkei 225 dropped 0.19%, while the broad-based Topix was down 0.35%. Flash data from the au Jibun Bank showed that the country’s business activity returned to growth. Japan’s composite […]

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Tesla’s profit margin is getting hammered by EV discounts and hefty AI spending
World

Tesla’s profit margin is getting hammered by EV discounts and hefty AI spending

Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California.  Apu Gomes | Getty Images As Tesla CEO Elon Musk continues to make lofty promises about his company’s future in autonomous driving and […]

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Europe’s AI-powered Google Translate rival DeepL launches traditional Chinese language in Asia push
World

Europe’s AI-powered Google Translate rival DeepL launches traditional Chinese language in Asia push

DeepL CEO Jaroslaw “Jarek” Kutylowski. DeepL German artificial intelligence translation startup DeepL on Wednesday launched traditional Chinese as a language option as it looks to expand its presence in Asia. DeepL, one of Europe’s high-profile AI companies valued at $2 billion, sells translation software aimed at businesses rather than everyday consumers. Traditional Chinese is a […]

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Alphabet to invest  billion in self-driving car unit Waymo
Technology

Alphabet to invest $5 billion in self-driving car unit Waymo

A Waymo rider-only robotaxi is seen during a test ride in San Francisco on Dec. 9, 2022. Paresh Dave | Reuters Alphabet is again investing in its self-driving car unit Waymo — this time with $5 billion. “This new round of funding will enable Waymo to continue to build the world’s leading autonomous driving company,” […]

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Stocks making the biggest moves after hours: Alphabet, Tesla, Visa and more
Finance

Stocks making the biggest moves after hours: Alphabet, Tesla, Visa and more

In this article TXN COF STX V TSLA GOOGL Follow your favorite stocksCREATE FREE ACCOUNT A dog looks out the window from a Tesla electric vehicle charging at a Tesla Supercharger location in Santa Monica, California on May 15, 2024.  Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in […]

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