Meta Platforms Inc
Google’s new CFO makes earnings call debut, says company can ‘push a little further’ on cost cuts
Alphabet incoming CFO Anat Ashkenazi, who spent 23 years at Eli Lilly Eli Lilly For nine years, the CFO role at Google and parent company Alphabet was held by Ruth Porat, who took a giant pay package in 2015 to leave Wall Street for Silicon Valley. On Tuesday, Porat’s successor, Anat Ashkenazi, made her earnings […]
Read More
Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
AI Effect Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation Published Mon, Oct 28 20241:07 PM EDT Kate Rooney@Kr00ney WATCH LIVE Source
Read More
CNBC Daily Open: Nasdaq hits all-time high even amid poor earnings growth
Traders work on the floor of the New York Stock Exchange (NYSE) on October 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 […]
Read More
CNBC Daily Open: Nasdaq hits high even as poor earnings growth disappoints investors
A specialist trader works inside a post on the floor at the New York Stock Exchange on Oct. 23, 2024. 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. […]
Read More
Wall Street braces for a big week ahead of the election, with megacap tech earnings, key data on tap
Wall Street is about to get hit with the newsiest week yet ahead of the election — just as the stock market has started to falter. Investors will contend with earnings results from five of the Magnificent Seven companies next week. Alphabet’s results are set to be released Tuesday. Microsoft and Meta Platforms post their […]
Read More
Why Meta and Snap are spending billions on AR glasses
After a decade of development and billions of dollars, Meta CEO Mark Zuckerberg in September pulled back the curtain on one of the company’s most ambitious projects: an augmented reality prototype called Orion. A week earlier, Snap CEO Evan Spiegel took the stage at its annual Snap Partner Summit to introduce its AR capable, 5th-generation […]
Read More
CNBC Daily Open: Treasury yields are making a return, like an uninvited ex
Specialist traders work inside a post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 23, 2024. 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 […]
Read More
Warren Buffett — worried about impersonators — says he doesn’t endorse candidates or investments
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan Warren Buffett is worried about a rise in impersonators looking to capitalize on his name by purporting to be him recommending an investment product or political candidate on social […]
Read More
How trolls, lawsuits and layoffs led to a ‘trust and safety winter’ for misinformation ahead of election
Nina Jankowicz, a disinformation expert and vice president at the Centre for Information Resilience, gestures during an interview with AFP in Washington, DC, on March 23, 2023. Bastien Inzaurralde | AFP | Getty Images Nina Jankowicz’s dream job has turned into a nightmare. For the past 10 years, she’s been a disinformation researcher, studying and […]
Read More
10 analysts just hiked their price targets on these 3 stocks — including a Big Tech AI firm
A slew of Wall Street analysts last week turned even more bullish on three stocks ahead of their quarterly earnings reports. The U.S.-listed stocks are Meta Platforms , Asian e-commerce giant Sea Ltd , and miner Barrick Gold . CNBC Pro screened for stocks in the MSCI World Index that have received share price target […]
Read More