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Fiserv shares rally to record on earnings beat, bullish revenue outlook
Fiserv CEO Frank J. Bisignano at the New York Stock Exchange on June 7, 2023. Source: NYSE Shares of Fiserv jumped more than 7% on Wednesday to a record after the payments company reported better-than-expected fourth-quarter earnings and issued guidance that also topped estimates. The stock closed at $229.53, exceeding its previous high reached in […]
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Trump’s China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts
2024 Lincoln Nautilus Ford DETROIT — President Donald Trump’s move to impose 10% additional tariffs on imports from China this week affects a small number of U.S. vehicles. But those tariffs are also hitting auto parts, which could increase already heightened vehicle prices for consumers. The U.S. in recent years has imported roughly $15.4 billion […]
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Tesla shares drop 5% on Trump tariffs, decline in vehicle registrations in Europe
Oslo Taxi’s Tesla model Y (L) and the NIO ET5 electric vehicle from Nio Inc, a Chinese multinational electric car manufacturer, drive through the Norwegian capital Oslo, on September 27, 2024. Jonathan Nackstrand | Afp | Getty Images Tesla shares slid about 5% on Monday after President Donald Trump announced plans for extensive tariffs on […]
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Trump Media gifts DJT shares to FBI pick Kash Patel, Linda McMahon and president’s son
Kash Patel, U.S. President Donald Trump’s nominee to be director of the FBI, looks on as he testifies before a Senate Judiciary Committee confirmation hearing on Capitol Hill in Washington, U.S., January 30, 2025. Evelyn Hockstein | Reuters Trump Media this week gifted thousands of shares of company stock to President Donald Trump’s nominee for […]
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Tesla investors want Elon Musk to answer questions about ‘salute,’ role in Trump White House
U.S. President-elect Donald Trump greets Tesla CEO and X owner Elon Musk during a rally the day before Trump is scheduled to be inaugurated for a second term, in Washington, U.S., January 19, 2025. Brian Snyder | Reuters Tesla’s fourth-quarter earnings report lands just over a week after President Donald Trump began his second term […]
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Sam Altman touts OpenAI-Microsoft alliance, says next phase will be ‘better than anyone is ready for’
Former OpenAI CEO Sam Altman and and Microsoft CEO Satya Nadella at OpenAI’s DevDay in San Francisco on Nov. 6, 2023. Hayden Field | CNBC OpenAI CEO Sam Altman suggested on Tuesday that the relationship between his company and Microsoft is going strong. Altman posted a picture with Microsoft CEO Satya Nadella on X, and […]
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Nvidia sheds almost $600 billion in market cap, biggest one-day loss in U.S. history
Nvidia CEO Jensen Huang holds a Blackwell GeForce RTX 50 Series GPU (L) and a RTX 5000 laptop as he delivers a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025. Patrick T. Fallon | Afp | Getty Images Nvidia lost close to $600 billion in market cap […]
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Here’s why you’re suddenly following President Trump on Instagram
(L-R) Priscilla Chan, CEO of Meta and Facebook Mark Zuckerberg, and Lauren Sanchez attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on January 20, 2025. Saul Loeb | Afp | Getty Images Instagram users are complaining this week that they’re […]
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Trump had phone call with OpenAI’s Sam Altman last week about AI infrastructure
US President Trump gestures as CEO of Open AI Sam Altman speaks in the Roosevelt Room at the White House on January 21, 2025, in Washington, DC. Jim Watson | Afp | Getty Images Prior to officially becoming president, Donald Trump held a lengthy conversation with OpenAI CEO Sam Altman on Friday to discuss the […]
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Oracle shares jump 6% on involvement in AI infrastructure initiative that Trump will announce
Oracle co-founder Larry Ellison, center, watches Andy Murray of Great Britain against Alexander Zverev of Germany during their third round match on Day 9 of the BNP Paribas Open at the Indian Wells Tennis Garden on October 12, 2021 in Indian Wells, California. Clive Brunskill | Getty Images Sport | Getty Images Oracle shares jumped […]
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