Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Google Cloud CEO Kurian says customers are spending 50% more as segment blows away expectations
Google Cloud CEO Thomas Kurian told CNBC on Thursday that the company’s existing customers are spending “roughly 50% more” than they’ve already committed.
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House lawmakers grill former JPMorgan executive Jes Staley over Epstein ties
House oversight Chair James Comer said Jes Staley defended Jeffrey Epstein and encouraged JPMorgan to retain him despite internal red flags.
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Risk/reward is favorable to buy Kimberly-Clark at current prices, Jay Woods says
This week we want a stock with strong fundamentals, safe dividend and that’s technically rebounding, giving a great opportunity over a longer time horizon.
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Tech reporter Joanna Stern asked AI to do ‘almost everything’ for a year—the No. 1 tool she’ll keep using
“I Am Not a Robot” author Joanna Stern integrated dozens of AI applications into her life over the course of a year. She says this one has stuck with her.
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Tesla gets price target cuts from analysts on earnings miss. What they’re saying
Tesla underwhelmed Wall Street with its latest financial results, leading some analysts to lower their price targets on shares.
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Albertsons stock plunges as it says weaker grocery spending will cut into sales and earnings
Shares of Albertsons sank Thursday after the grocer reported softness in its core business and lowered its full-year outlook as a result.
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Brent crude tops $100 a barrel. How the next stop could be $120
Goldman Sachs warns on oil prices and so called tank bottoms ( and loves a new natural gas-related name).
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The best deal in housing might be a brand-new home—how builders are winning over first-time buyers
The traditional premium for buying a new home has largely disappeared, making new construction surprisingly competitive with existing homes in many markets.
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Traders see September rate hike as European Central Bank mulls energy price spike
ECB president Christine Lagarde said the bank anticipates inflation to remain “well above target” until the first half of 2027.
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Alphabet’s decline happening at crucial time for stock, raises stakes for next megacap earnings
Shares in the parent of Google and YouTube fell more than 5% in the premarket. That move put Alphabet around $324.
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