Markets

Airbus shares fall 12% as company cuts 2024 guidance on targets, deliveries
World

Airbus shares fall 12% as company cuts 2024 guidance on targets, deliveries

A Lufthansa Airbus A340-313 aircraft taxis at Los Angeles International Airport before departing for Frankfurt on May 5, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Shares in Airbus fell by close to 12% on Tuesday after the company said it was cutting its targets for 2024, including aircraft […]

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Fed Governor Bowman says she’s still open to raising rates if inflation doesn’t improve
World

Fed Governor Bowman says she’s still open to raising rates if inflation doesn’t improve

Michelle Bowman, governor of the US Federal Reserve, speaks during the Exchequer Club meeting in Washington, DC, US, on Wednesday, Feb. 21, 2024.  Kent Nishimura | Bloomberg | Getty Images Federal Reserve Governor Michelle Bowman said Tuesday the time is not right yet to start lowering interest rates, adding she would be open to raising […]

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How Delta made itself America’s luxury airline — and what United wants to do about it
Travel

How Delta made itself America’s luxury airline — and what United wants to do about it

An Airbus A330-323 aircraft, operated by Delta Air Lines. Benoit Tessier | Reuters Delta Air Lines is the country’s most profitable airline. CEO Ed Bastian’s challenge is to make sure his carrier stays on top. The airline’s unit revenue, the amount it brings in for every seat it flies one mile, outpaced its competitors’ last […]

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Microsoft’s ‘abusive’ bundling of Teams and Office products breached antitrust rules, EU says
World

Microsoft’s ‘abusive’ bundling of Teams and Office products breached antitrust rules, EU says

The Microsoft Teams displayed on a smartphone. Sopa Images | Lightrocket | Getty Images The European Union on Tuesday accused Microsoft of breaching antitrust rules with the “abusive” bundling of its Teams and Office products. “The European Commission has informed Microsoft of its preliminary view that Microsoft has breached EU antitrust rules by tying its […]

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Cisco is ‘very optimistic’ about its expanding business with China EVs
Technology

Cisco is ‘very optimistic’ about its expanding business with China EVs

Cisco established operations in China in 1994. Sopa Images | Lightrocket | Getty Images DALIAN, China — Cisco is “very optimistic” about its growing business with Chinese electric car companies as they expand overseas, the company’s Greater China head told CNBC on Tuesday. The EV segment is the U.S. tech giant’s second-largest for the region […]

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CNBC Daily Open: Dow gains as investors turn to banking and energy stocks; Nvidia sinks
World

CNBC Daily Open: Dow gains as investors turn to banking and energy stocks; Nvidia sinks

Traders work on the floor of the New York Stock Exchange in New York City, Sept. 28, 2023. Brendan McDermid | Reuters 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 are. Like what […]

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China’s premier defends national competitiveness as trade tensions simmer
World

China’s premier defends national competitiveness as trade tensions simmer

China’s Premier Li Qiang speaks during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16, 2024.  Denis Balibouse | Reuters DALIAN, China — Chinese Premier Li Qiang on Tuesday defended the country’s technological development while criticizing efforts to restrict global cooperation. His remarks, at the opening of the World Economic […]

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Asia-Pacific markets mostly higher after U.S. tech sell-off
World

Asia-Pacific markets mostly higher after U.S. tech sell-off

A screen displays the Nikkei 225 Stock Average figure on the trading floor at the Nomura Securities Co. headquarters in Tokyo, Japan, on Jan. 11, 2024.  Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly climbed higher on Tuesday, even as U.S. Big Tech stocks sold off in favor of other sectors such as banking […]

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Stock futures are little changed after Nasdaq Composite registers worst day since April: Live updates
World

Stock futures are little changed after Nasdaq Composite registers worst day since April: Live updates

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 24, 2024.  Brendan McDermid | Reuters Stock futures were flat in overnight trading after a selloff in favored technology names brought the Nasdaq Composite to its worst day since April. Futures tied to the Dow Jones Industrial […]

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Shares generating the biggest moves midday: ResMed, Affirm, Nvidia, Anheuser-Busch and additional
Finance

Shares generating the biggest moves midday: ResMed, Affirm, Nvidia, Anheuser-Busch and additional

Examine out the organizations generating the greatest moves midday: Encourage Clinical Devices , ResMed — Encourage Medical Units and ResMed, which manufacture units to take care of obstructive slumber apnea, dropped 14% and 11%, respectively, following Friday’s news that Eli Lilly ‘s body weight decline drug tirzepatide diminished the severity of the affliction. Eli Lilly […]

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