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Paul Hickey, Bespoke Investment Group co-founder, and CNBC’s Phil LeBeau weigh in on Tesla earnings. Source link
David Einhorn speaking at the 2024 Sohn Conference in New York City on April 3, 2024. Adam Jeffery | CNBC Shares of Peloton spiked more than 11% on Wednesday after Greenlight Capital’s David Einhorn said shares of the company are significantly undervalued, CNBC has learned. Einhorn made the pitch to investors while he was riding … Read more
IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Stefan Wermuth | Bloomberg | Getty Images IBM shares moved 5% lower in extended trading on Wednesday after the hardware, software and consulting provider fell short of Wall Street’s revenue expectations for the third quarter. Here’s how the … Read more
ST. LOUIS — The Environmental Protection Agency is at risk of misallocating nearly $1 billion in lead pipe replacement funding to the wrong states because it didn’t verify inaccurate data provided by Texas and Florida, an agency watchdog announced. It’s possible that the EPA can avoid much of the misallocation and can recover some funds … Read more
Caitlin Clark’s talents are in high demand. The women’s basketball phenom has carried her sport to historic heights of popularity, both in college and the WNBA. In the same week the WNBA broke its viewership record for a finals game Sunday night when the Liberty beat the Lynx in Game 5, the league faces a … Read more
Abercrombie & Fitch chairman and CEO Mike Jeffries addresses stockholders during the company’s annual meeting at the company’s headquarters in New Albany, Ohio, U.S. May 22, 2003. Will Shilling | Via Reuters Abercrombie & Fitch washed its hands of its former CEO Mike Jeffries after he was arrested on federal sex trafficking charges, saying in … Read more
CNBC’s Deidre Bosa joins ‘The Exchange’ to discuss Apple’s increased challenges in China. Source link
NEW YORK — A federal regulator on Wednesday ordered Apple and Goldman Sachs to pay a combined $89 million for deceiving consumers and mishandled transaction disputes of Apple Card customers. The Consumer Finance Protection Bureau orders point to “customer service breakdowns and misrepresentations” around Apple and Goldman’s credit card partnership. Apple failed to send tens … Read more
CHARLOTTE, N.C. – Bryce Young will start Sunday at quarterback for the Carolina Panthers against the Denver Broncos after Andy Dalton sprained the thumb on his right throwing hand during a car crash on Tuesday in Charlotte. Panthers coach Dave Canales made the announcement Wednesday after practice. Dalton did not practice. Canales said there were … Read more