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Rivian Set To Launch OS Update Enhancing Safety And Entertainment Features
2025 Aug 11, 1:44pm | 605Rivian Automotive (NASDAQ:RIVN) stock is trading higher on Monday following reports of the electric vehicle maker’s plans to begin rolling out its 2025.26 vehicle software update about a month after its last release, which added Alphabet (NASDAQ:GOOGL) Google Maps integration to its...
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AMD Stock Rallies After US Clears China AI Chip Sales With 15% Cut To Washington
2025 Aug 11, 11:46am | 487Advanced Micro Devices (NASDAQ:AMD) shares climbed Monday after the chipmaker agreed to pay 15% of its China AI chip sales revenue to the U.S. government in exchange for export licenses for its MI308 processors. The Trump administration imposed the condition amid security concerns over potential...
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Paramount's $7.7 Billion UFC Deal: Free Streaming For Subscribers By 2026
2025 Aug 11, 11:10am | 431Paramount Skydance (NASDAQ:PSKY) and TKO Group Holdings (NYSE:TKO) announced on Monday that they had signed a seven-year, $1.1 billion per year deal. The deal will make Paramount the exclusive U.S. home for all Ultimate Fighting Championship (UFC) events starting in 2026. The agreement marks a...
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Alibaba Faces Fierce AI Talent Poaching As Rivals Lure Top Qwen Model Engineers
2025 Aug 11, 9:29am | 501Alibaba Group (NYSE:BABA) has become a prime target in China’s artificial intelligence (AI) talent war as rival tech giants poach senior experts from its Tongyi Lab, the developer of the widely used open-source Qwen models. Top departures include Yan Zhijie, an early member of Alibaba’s...
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TJX, Taiwan Semiconductor Manufacturing, Wynn Resorts And More On CNBC's 'Final Trades'
2025 Aug 11, 8:37am | 464On CNBC's “Halftime Report Final Trades,” Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, said Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) ended July higher by 36% year-to-date. The company also reported a revenue growth of...
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Netflix's $6 Billion UK Spend Pays Off With Strong Growth, Membership Gains
2025 Aug 08, 1:15pm | 645Netflix (NASDAQ:NFLX) stock traded higher on Friday, backed by investor optimism over its U.K. financial arm’s results and FIFA Women’s World Cup deal win. The streaming giant’s U.K. unit grew revenue 11% in 2024 to 1.85 billion pounds ($2.48 billion) as it expanded in the market...
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Apple, Palo Alto Networks And An Energy Stock On CNBC's 'Final Trades'
2025 Aug 08, 8:11am | 426On CNBC's “Halftime Report Final Trades,” Jenny Van Leeuwen Harrington, chief executive officer of Gilman Hill Asset Management, LLC, said FLEX LNG Ltd. (NYSE:FLNG) is up 10% on the year. The company has a 12% dividend yield and 13 times earnings, she added. Flex LNG will release its...
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Warren Buffett Buys Stock Of Company With $500 Million Howard Stern Decision To Make
2025 Aug 07, 2:13pm | 723Legendary investor Warren Buffett is likely different from self-proclaimed "King of All Media" shock jock Howard Stern in many ways. The unlikely duo do share a common connection in Sirius XM Holdings Inc (NASDAQ:SIRI), a stock Buffett owns and Stern could soon have an adverse financial impact SIRI...
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Uber, Walmart, Rocket Companies And More: CNBC's 'Final Trades'
2025 Aug 07, 7:52am | 425On CNBC's “Halftime Report Final Trades,” Short Hills Capital Partners’ Stephen Weiss stated that he is maintaining his position in Uber Technologies, Inc. (NYSE:UBER) following the company’s strong quarter and announcement of a buyback program. On Wednesday, the company...
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Jim Cramer: This Financial Stock Is 'Just Too Dicey', Salesforce Is A 'Little Tough Right Now'
2025 Aug 07, 7:48am | 640Salesforce, Inc. (NYSE:CRM) is a “little tough right now,” Jim Cramer said on the latest edition of CNBC's “Mad Money Lightning Round.” “I have not been recommending [Salesforce] hard,” Cramer added. “I want to see what happens with the quarter.” On...
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Thomson Reuters Stock Drops As Core Growth Holds Up, But Acquisitions And Print Weigh On Q2 Results
2025 Aug 06, 11:36am | 512Thomson Reuters Corp (NYSE: TRI) stock declined after the company reported its fiscal second-quarter 2025 results on Wednesday. The company reported quarterly revenue growth of 3% year-over-year to $1.785 billion, compared to the analyst consensus estimate of $1.792 billion. Total company revenue...
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Uber Q2 Earnings: Trips Surge, $20 Billion Stock Buyback, CEO Sees No Slowdown
2025 Aug 06, 10:05am | 601Uber Technologies (NYSE: UBER) reported fiscal second-quarter 2025 results on Wednesday. The company reported a quarterly revenue growth of 18% year-on-year to $12.65 billion, beating the analyst consensus estimate of $12.46 billion. Uber reported adjusted EPS of 63 cents, which beat...
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Disney Focuses On Content Deals, Raises Annual Profit Outlook
2025 Aug 06, 9:36am | 949Walt Disney Co. (NYSE:DIS) shares dropped after the company released its fiscal third-quarter 2025 results. While adjusted earnings per share (EPS) surpassed analyst expectations, the company’s total revenue fell slightly short of projections. For the quarter, Disney reported adjusted EPS of...
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Nio, Xpeng Lead China's Push To Ditch Nvidia Chips
2025 Aug 06, 8:20am | 673Chinese automakers and chip companies are accelerating efforts to replace products from Nvidia (NASDAQ:NVDA) and other foreign chip leaders in automotive applications, fearing that further U.S. export restrictions could derail the development of self-driving and related technologies. Xpeng (NYSE:...
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Apple, MercadoLibre, PG&E And More On CNBC's 'Final Trades'
2025 Aug 06, 8:07am | 426On CNBC's “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, said Apple Inc. (NASDAQ:AAPL) may be finding support here and doesn't seem to want to go down anymore. On the earnings front, Apple, on July 31, reported fiscal third-quarter...