Tag: business news
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Amazon’s Zoox issues software recall after robotaxi drove into heavy smoke
Last month, an unoccupied Zoox robotaxi drove into an active emergency fire scene that was clouded with smoke, the company said.
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Dow member 3M reports earnings next week. JPMorgan is bullish ahead of the report
The bank upgraded the Dow Jones Industrial Average component to overweight from neutral.
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Netflix earnings were a ‘murky mosaic.’ Analysts say stock upside will be limited by growth concerns
Several shops on the Street lowered their price targets on Netflix’s shares following the streaming platform’s earnings report on Thursday.
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Chinese automakers are taking on the UK — and many Brits are embracing it
The surge comes as China’s auto exports have boomed in recent years as the country’s appetite for new models has cooled.
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Import prices post surprise gain as costs of goods from China hit highest since 2008
Import prices were up 0.3% for the month, as a drop in energy was more than offset by increases elsewhere.
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The semiconductor trade tumbled this week. Why UBS and Barclays are still bullish
Some stress earnings growth for chipmakers and argue that the sector still has room to run to support the broader market.
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Homebuyer affordability slipped for fifth straight month, real estate index shows
With both home prices and mortgage rates climbing since earlier this year, affording a home has become harder, according to a housing affordability index.
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How big is the great wealth transfer? It could be over $100 trillion or $36 trillion
Two studies have raised new questions about the size and impact of the coming great wealth transfer.
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Democratic socialists top MAGA candidates among voters in CNBC’s All-America poll
The survey’s findings come as democratic socialist candidates win Democratic primaries following the 2025 election of New York City Mayor Zohran Mamdani.
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Apple just hit a record high. HSBC says it still has room to run
Apple hit an all-time high price just north of $334 on Thursday, but its innovative product pipeline and AI push could catapult shares even higher, per HSBC.
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