Christopher Futcher | Getty Images Nearly 100 million people will watch the San Francisco 49ers face off against the Kansas City Chiefs in the Super Bowl. What they watch it on is nearly as important as who wins. However, there are only a few days left to score a deal on a new TV to
The GMC Hummer EV will be revealed on May 20 and built at General Motors’ Detroit-Hamtramck plant in Michigan. GM DETROIT – General Motors is resurrecting the Hummer, best known as a gas-guzzling, military-style SUV, as an all-electric “super truck” with massive horsepower, acceleration and torque. The Detroit automaker confirmed the plans Thursday and released
Jeff Bezos Matthew Staver | Bloomberg | Getty Images Amazon is set to report fourth-quarter earnings after Thursday’s closing bell. Here are the key numbers: Earnings per share: $4.03 per share, according to analysts surveyed by Refinitiv Revenue: $86.02 billion, per Refinitiv Amazon Web Services: $9.81 billion, according to FactSet Amazon is expected to see
Jeff Bezos, founder of Amazon Katherine Taylor | Reuters Check out the companies making headlines after the bell: Amazon – The e-commerce giant’s stock surged more than 10% in extended trading after the company reported better-than-expected results for the fourth quarter. Amazon reported earnings of $6.47 per share on revenue of $87.44 billion, while analysts
Elon Musk Jim Watson | AFP | Getty Images Tesla CEO Elon Musk doesn’t have a lot of love for Wall Street – a fact he often mentions, including on Wednesday night’s earnings conference call. To begin with, Musk’s company hosts an nontraditional quarterly call with shareholders: After making a short statement about Tesla’s results,
Anfisa Kameneva | EyeEm | Getty Images Many workers don’t have access to retirement savings programs. That is changing. Now, efforts on both a national and state level aim to give more individuals access to plans. In December, Congress ushered in the Secure Act. Among the changes included in the legislation are new ways for
Passengers wear face masks to protect against the spread of the Coronavirus as they arrive on a flight from Asia at Los Angeles International Airport, California, on January 29, 2020. Mark Ralston | AFP | Getty Images All times below are in Eastern time. 7:48 am: Russia closes border with China Russia plans to close
Jeff Bezos, founder and chief executive officer of Amazon.com Inc., speaks at the National Press Club in Washington, D.C., on Thursday, Sept. 19, 2019. Andrew Harrer | Bloomberg | Getty Images Amazon’s ongoing effort to get orders to your doorstep more quickly is likely to drag down profit numbers when the company reports fourth-quarter results
Check out the companies making headlines before the bell: Coca-Cola (KO) – The beverage giant matched estimates with quarterly earnings of 44 cents per share, with revenue above Street forecasts. Coca-Cola also said it had its largest market share gain – as measured by value – in nearly a decade. Verizon (VZ) – Verizon missed
Michael Corbat, CEO, Citigroup, speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020. Adam Galica | CNBC Citigroup is making a push for investors’ dollars with a new digital robo-advisor that’s free for customers with at least $50,000 in deposits or investments at the bank. That’s the threshold needed to qualify for
eclipse_images | E+ | Getty Images If you can’t beat the crypto crowd, it might be time to join them, experts say. Virtual currency and its underlying technology, blockchain, are here to stay – and that means both will play some role in investors’ lives. “It’s actually very hard to decouple blockchain and bitcoin,” said
There is a reason that Chile is one of the hottest global traveler destinations these days, and the Atacama Desert is one of its shining stars. Beige, rocky and seemingly lifeless, the north-easternmost part of Chile — generally regarded as the driest desert on earth — feels more like the surface of the moon than
Facebook CEO Mark Zuckerberg walks to meetings for technology regulations and social media issues in Washington on September 19, 2019. Brendan Smialowski | AFP | Getty Images Facebook users are clicking on more ads than before, according to the company’s own tools that are provided to advertisers, suggesting the company will announce strong fourth quarter
2016A statue is seen next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany. Kai Pfaffenbach | Reuters Deutsche Bank on Thursday posted a full-year net loss of 5.3 billion euros ($5.8 billion) amid a huge transformation project, the cost of which the German lender said is now 70% complete. The German lender announced
A deadly spreading virus is now worrying some of the world’s biggest companies. The word “virus” or “coronavirus” was mentioned by 27 different S&P Composite 1500 companies on earnings calls this week, according to CNBC’s screening using FactSet. The Wuhan virus has infected more than 6,100 people in China, topping the number of cases from
The Federal Reserve‘s decision Wednesday to keep interest rates steady came as a relief to many. For good reason. Although the federal funds rate, which is what banks charge one another for short-term borrowing, is not the rate that consumers pay, the Fed’s moves still affect the borrowing and saving rates they see every day.
People with protective face masks pass in front of a thermal scanner as they enter a shopping mall in Bangkok on January 29, 2020. Mladen Antonov | AFP | Getty Images This is a live blog. Please check back for updates. All times below are in Eastern time. 7:36 am: Death toll of coronavirus climbs
Facebook Chairman and CEO Mark Zuckerberg arrives to testify before the House Financial Services Committee on “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors” in the Rayburn House Office Building in Washington, DC on October 23, 2019. Mandel Ngan | AFP | Getty Images Facebook is set to report
[The stream is slated to start at 2:30 pm ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Wednesday with reporters following the central bank’s two-day policy meeting. The central bank decided to keep rates unchanged on Wednesday. Over the past few months,
Daniel Zuchnik | WireImage | Getty Images Warren Buffett, a life-long newspaper fan and booster, is giving up on his bet that local news would help protect papers in small to medium-sized cities. Berkshire Hathaway is selling its 31 newspapers to Lee Enterprises for $140 million in cash. The deal includes Buffett’s home-town daily, The