Tesla Model 3 Source: Tesla YouTube has removed a pair of videos from its platform which showed Tesla drivers conducting amateur vehicle safety tests using their own children in place of mannequins in the road or the driveway. The tests were to determine if a slow-moving Tesla equipped with the company’s latest driver assistance systems … Read more
Warner Bros. Discovery‘s HBO Max is removing 36 movies and TV series from its platform. There are three main reasons why it’s happening. The films and series − which include 20 original HBO Max shows such as teen drama “Generation,” and “Sesame Street” spinoff “The Not-Too-Late Show with Elmo” − will be removed by end … Read more
Patrick Mahomes #15 of the Kansas City Chiefs Jamie Squire | Getty Images Sport | Getty Images To the joy and frustration of football fans across the United States, the era of National Football League games appearing exclusively on a streaming service is upon us. Amazon Prime Video is the home for “Thursday Night Football” … Read more
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments: Cisco Systems looking strong Quick takes on Bullpen: SBUX, EL Prepare to pounce on Nvidia Still a chance to buy Pioneer 1. Cisco Systems looking strong Cisco Systems (CSCO) beat … Read more
If the recession debate seems a bit confusing to you, you’re not the only one. Gross domestic product has declined in back-to-back quarters this year, which is a common signal to market watchers of a recession. But even top experts are debating whether that fact in the current economy amounts to the “R” word this … Read more
Dodge Charger Daytona SRT concept car Dodge DETROIT — Dodge on Wednesday unveiled a new concept car called the Charger Daytona SRT as a preview of its first all-electric muscle car, expected in 2024. The two-door coupe is the first look at what the forthcoming vehicle, which will replace Dodge’s current gas-powered Challenger and Charger … Read more
Cisco issued fiscal fourth-quarter results on Wednesday that topped analysts’ projections and provided a better-than-expected forecast for the coming year. The stock rose 2.5% in extended trading. Here’s how the company did: Earnings: 83 cents per share, adjusted, vs. 82 cents per share as expected by analysts, according to Refinitiv. Revenue: $13.10 billion, vs. $12.79 … Read more
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments: We’re cautiously watching bond yields Meme mania could be a sign of froth in the Nasdaq We trimmed two Club stocks: DHR, LIN Costco remains best retail stock 1. We’re … Read more
Scott Olson | Getty Images Check out the companies making the biggest moves midday: Target — Shares of the retailer slid more than 2% after its earnings missed Wall Street expectations by a wide margin. The company said its quarterly profit fell almost 90% from a year ago. However, Target reiterated its full-year forecast and … Read more
Tencent has faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and a tougher market for gaming. Bobby Yip | Reuters Tencent posted its first ever quarterly year-on-year revenue decline as stricter regulations around gaming in China and a resurgence of Covid-19 in the world’s second-largest economy hit the … Read more