Amazon.com Inc
NFL will select new Sunday Ticket partner by fall, Commissioner Roger Goodell says
NFL Commissioner Roger Goodell during the NFL Football match between the Miami Dolphins and Indianapolis Colts on October 3rd, 2021 at Hard Rock Stadium in Miami, FL. Andrew Bershaw | Icon Sportswire | Getty Images The National Football League plans to select a streaming service as its new Sunday Ticket partner and will choose a […]
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Asset manager names his top stocks trading at a ‘sizable discount’ right now
With stock markets yet to emerge from the doldrums of a brutal first half sell-off, investors are increasingly seeking strategies to preserve and grow their capital. Asset manager Jack Ablin tells CNBC how he’s trading the market volatility, highlighting some of his top stocks along the way. Investors should be putting their money in companies […]
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Walmart won’t hold rival event to Amazon Prime Day, as it is already offering big markdowns
Walmart Rollback pricing signs are displayed while customers shop during the grand opening of a new Wal-Mart Stores location in Torrance, California. Patrick Fallon | Bloomberg | Getty Images Walmart won’t be doing its own event to rival Amazon Prime Day this year, according to a company spokesperson. The big-box giant, like other retailers, has […]
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Uber’s money-losing ride may be nearing an end, but the road to a long-term win remains uncertain
Uber posted a $5.9 billion loss in the first quarter of 2022. Philip Pacheco | AFP via Getty Images In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. The creation of Uber in the wake of the 2008 financial crisis can be compared to an earlier […]
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Amazon’s bid to put cargo hub at Newark airport is halted
Amazon workers, environmental advocates, labor groups, and small business owners participate in a rally and news conference to protest plans for a new Amazon air cargo mega-hub at the Newark International Airport on October 6, 2021 in Newark, New Jersey. Spencer Platt | Getty Images Amazon’s plans to put a regional cargo hub at Newark […]
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Analyst Mark Mahaney sees more trouble ahead for internet stocks, but has some top picks
Internet stocks took a heavy blow during the first half of 2022 as rising inflation spooked investors away from the growth sector, which is among those most sensitive to rising interest rates. Further pain is ahead as the economy shows signs of softening consumer demand, but some stocks may weather the storm better than others, […]
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Chips drive Samsung’s highest second-quarter profit since 2018, but demand is cooling
People walk past the logo of Samsung Electronics in Seoul on July 7, 2022. South Korea’s Samsung Electronics Co Ltd turned in its best April-June profit since 2018 on Thursday, underpinned by strong sales of memory chips to server customers even as demand from inflation-hit smartphone makers cools. Jung Yeon-je | Afp | Getty Images […]
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Citi names its ‘highest conviction ideas’ for the second half of 2022 — and gives one upside of 85%
Citi has named a raft of stocks it thinks could do well in the second half of 2022, as investors continue to navigate market uncertainty and hot inflation. Stock markets suffered steep losses in the first six months of this year as an unrelenting sell-off brought major indexes to their knees. The S & P […]
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Stocks making the biggest moves midday: Uber, DoorDash, Coinbase and more
Uber Eats delivery Jonathan Raa | NurPhoto via Getty Images Check out the companies making headlines in midday trading. Uber, DoorDash – Shares of Uber slumped 4.6% and DoorDash fell 9% on news that Amazon agreed to take a stake in Grubhub in a deal that will give Prime subscribers a one-year membership to the […]
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Hulu is facing an existential crisis as Disney approaches a 2024 deadline to buy Comcast’s 33% stake
Signage is seen at the 2019 Deadline Contenders Hulu Reception at Paramount Theater on the Paramount Studios lot on April 07, 2019 in Hollywood, California. Rachel Murray | Getty Images Disney has a Hulu problem. In 2019, the entertainment giant struck an unusual agreement with Comcast. Two months earlier, Disney had acquired Fox’s 33% stake […]
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