art Cars could go completely driverless 'very soon,' says CEO of Chinese autonomous driving tech start-up By www.cnbc.com Published On :: Thu, 30 Apr 2020 04:28:59 GMT Currently, most regulations across various cities in China still require the presence of a safety driver in vehicles. Full Article
art Fiat Chrysler to restart US production in two weeks after coronavirus shutdowns lead to $1.8 billion quarterly loss By www.cnbc.com Published On :: Tue, 05 May 2020 14:59:36 GMT Despite the "unexpected and unprecedented times" due to Covid-19, the company, said Tuesday that it and French automaker PSA Group "remain committed" to a previously announced merger of equals. Full Article
art This wartime law gives Trump exceptional power over US economy By www.cnbc.com Published On :: Tue, 05 May 2020 15:12:10 GMT President Trump has invoked a Korean War-era law to fight the coronavirus pandemic. The Defense Production Act gives the president extraordinary powers over the U.S. economy, which supporters of the move say is necessary to contain the disease. Full Article
art Dwek: It's great we're restarting, but the level of growth we're going to get is nothing close to what he had pre-crisis By www.cnbc.com Published On :: Tue, 05 May 2020 10:29:15 GMT Esty Dwek of Natixis Investment Managers discusses market reaction to plans by U.S. states and some countries to reopen their economies, and whether stocks may be pricing in too much optimism. Full Article
art Serhant: Buyers are starting to come back to the New York City real estate market By www.cnbc.com Published On :: Wed, 06 May 2020 10:17:19 GMT Ryan Serhant of The Serhant Team and Nest Seekers International, and cast member on Bravo's "Million Dollar Listing NY," discusses the state of the New York City real estate market, and how residents are waiting out the pause caused by the coronavirus pandemic. Full Article
art UBS' Hodulik: Disney's next quarter is going to be dramatically worse than Q1 By www.cnbc.com Published On :: Wed, 06 May 2020 10:24:16 GMT John Hodulik, telecom analyst at UBS, talks Disney's first-quarter results. Full Article
art Wharton's Jeremy Siegel declares end to the 40-year bull market in bonds By www.cnbc.com Published On :: Tue, 05 May 2020 23:30:02 GMT Wharton finance professor Jeremy Siegel expects the interest rate on bonds and inflation to significantly rise over the next several years. Full Article
art Wall Street is too optimistic as economies start reopening, Stephen Roach warns By www.cnbc.com Published On :: Thu, 07 May 2020 09:51:20 GMT One of the world's leading authorities on Asia is worried Wall Street is miscalculating China's efforts to reopen its economy. Full Article
art Nucor CEO sticks by dividend, predicts steel price bottom in second quarter By www.cnbc.com Published On :: Wed, 29 Apr 2020 00:21:02 GMT "We are optimistic that we'll see the bottom in Q2 and move out of that as we enter the third and fourth quarters," Nucor CEO Full Article
art State Department quietly begins reopening amid coronavirus pandemic By www.cnbc.com Published On :: Sat, 09 May 2020 01:35:42 GMT The plan, entitled "Diplomacy Strong," includes policies on travel, telework, face coverings, as well as social distancing requirements for common spaces such as cafeterias. Full Article
art Coronavirus fallout: Here are the 16 department stores Nordstrom is closing permanently By www.cnbc.com Published On :: Fri, 08 May 2020 20:30:46 GMT Nordstrom announced earlier this week it will be permanently closing 16 of its department stores, after assessing each state that it operates in and the hit it is taking because of the coronavirus pandemic. Full Article
art Cramer praises Elon Musk for a 'magnificent' quarter, compares Tesla stock to Netflix and Amazon By www.cnbc.com Published On :: Thu, 30 Jan 2020 21:05:35 GMT CNBC's Jim Cramer said the rapid rise in Tesla shares reminds him of the stock trajectories of some of the most successful tech companies. Full Article
art Since 1990, this is how Dow, S&P perform in quarters that follow their worst drops By www.cnbc.com Published On :: Fri, 03 Apr 2020 01:01:19 GMT Since 1990, the Dow Jones Industrial Average and S&P 500 Index have bounced back in quarters that directly follow quarters when the S&P declined by 10% or more, according to market history. Full Article
art 'We need to start saving individual people,' not just stockholders, says pension fund CIO By www.cnbc.com Published On :: Wed, 15 Apr 2020 17:28:04 GMT The chief investment officer of one of the country's biggest public pension funds said the government response to the coronavirus should be focused on supporting unemployed workers. Full Article
art NYSE-legend Art Cashin gives his first comments on the coronavirus sell-off and when we recover By www.cnbc.com Published On :: Mon, 06 Apr 2020 11:06:10 GMT Cashin was in a car accident in early February (he was not driving) and has been recuperating. We spoke to him by phone from his home. Full Article
art The 5 stock-picking legends you must study up on to become a smarter investor By www.cnbc.com Published On :: Thu, 30 Apr 2020 13:09:46 GMT Phil Town, best-selling author and self-made millionaire, recommends reading these five stock market legends if you want to become a competent investor. Full Article
art The S&P 500 ekes out a small gain to start the week, supported by strength from big tech By www.cnbc.com Published On :: Mon, 04 May 2020 20:20:21 GMT Stocks rose slightly on Monday to start the week, as the advance in the biggest U.S. technology shares lifted the market higher. Full Article
art Investors are missing out on valuable parts of the stock market, says Mayflower's Larry Glazer By www.cnbc.com Published On :: Wed, 25 Sep 2019 15:49:54 GMT There's a world of opportunity between straightforward index investing and risky private deals, says Mayflower Advisors' Larry Glazer. Full Article
art Global growth will benefit after coronavirus: Bokeh Capital Partners CIO By www.cnbc.com Published On :: Wed, 19 Feb 2020 19:40:17 GMT Kim Forrest, founder and chief investment officer at Bokeh Capital Partners, and David Ellison, portfolio manager at Hennessy Funds, join 'The Exchange' to discuss markets. Full Article
art Chartmaster says this is why bottom could be in for energy as crude rebounds By www.cnbc.com Published On :: Fri, 08 May 2020 22:06:02 GMT A look at energy's rebound. With CNBC's Melissa Lee and the Options Action traders, Carter Worth, Mike Khouw and Tony Zhang. Full Article
art States are reopening, but is it safe or smart? By www.cnbc.com Published On :: Fri, 08 May 2020 23:37:52 GMT Cameron Wolfe, an infectious disease specialist at Duke University Medical School, weighs in on states reopening while the coronavirus pandemic is still taking lives. Full Article
art United Airlines swings to $1.7 billion loss in first quarter as bookings disappeared in coronavirus pandemic By www.cnbc.com Published On :: Thu, 30 Apr 2020 22:27:15 GMT United Airlines had reported a first-quarter pretax loss earlier this month. Full Article
art Apple now has $192.8 billion in cash on hand, down from last quarter By www.cnbc.com Published On :: Thu, 30 Apr 2020 21:15:08 GMT Apple has continuously hosted one of the largest cash piles among U.S. companies, but is facing pressure from the Covid-19 pandemic. Full Article
art Exxon loses $610 million in the first quarter on write-downs tied to plunging oil By www.cnbc.com Published On :: Fri, 01 May 2020 20:30:18 GMT Exxon Mobil reported a loss in the first quarter as oil prices dropped to historic lows. Full Article
art Tenet Healthcare warns of significant Covid-19 impact in the second quarter By www.cnbc.com Published On :: Tue, 05 May 2020 10:37:06 GMT Tenet Healthcare warned of a significant hit from the Covid-19 pandemic in the current quarter, even as the hospital operator's quarterly profit beat estimates due to a tax benefit from the coronavirus stimulus bill. Full Article
art Pinterest drops after reporting slowing user growth in first quarter results By www.cnbc.com Published On :: Tue, 05 May 2020 21:46:18 GMT Shares of Pinterest fell as much as 9% in after-hours trading on Tuesday after the company reported its first quarter results. Full Article
art Beyond Meat shares rise as first-quarter revenue soars 141%, but it withdraws 2020 forecast due to coronavirus By www.cnbc.com Published On :: Tue, 05 May 2020 23:23:06 GMT Citing uncertainty due to the coronavirus pandemic that's shuttered much of the dine-in restaurant industry around the world, the company suspended its full-year forecast. Full Article
art CVS Health first-quarter revenue rose 8% as customers rushed into stores to buy essentials; shares up By www.cnbc.com Published On :: Wed, 06 May 2020 21:43:22 GMT The drugstore chain's stores have remained open as an essential retailer during the coronavirus pandemic, and it's also opened drive-thru testing sites. Full Article
art General Motors ekes out $294 million profit in the first quarter despite crippling production and sales from coronavirus By www.cnbc.com Published On :: Wed, 06 May 2020 13:51:37 GMT The Covid-19 outbreak cut deeply into GM's performance, costing the largest U.S. automaker $1.4 billion before taxes during the first three months. Full Article
art New York Times expects ad revenue to plummet 50% in Q2, but broke its record for net new subscriptions in a quarter By www.cnbc.com Published On :: Wed, 06 May 2020 18:25:08 GMT The New York Times Company said it expects advertising revenue to fall between 50-55% year-over-year in the second quarter as impacts of the pandemic are hitting demand for advertisers. But the media company, which gets two-thirds of its revenue from subscriptions, said it added more than half a million net new digital subscriptions. Full Article
art Homebound parents bought board games, not Barbies, crippling Mattel's sales in the first quarter By www.cnbc.com Published On :: Wed, 06 May 2020 15:56:15 GMT Consumers stocked up on board games, not Barbie dolls, amid the coronavirus pandemic, sending Mattel's sales in the first quarter tumbling. Full Article
art Twilio skyrockets as quarterly results fly past estimates By www.cnbc.com Published On :: Thu, 07 May 2020 18:12:08 GMT Although revenue growth deccelerated, Twilio still put up numbers that exceeded what analysts had expected. Full Article
art Carvana shares tumble double digits on first-quarter losses By www.cnbc.com Published On :: Wed, 06 May 2020 23:24:39 GMT Shares of Carvana tumbled double digits during after-market trading following the auto retailer reporting a net loss of $183.6 million during the first quarter. Full Article
art Valuations only part of the picture in coronavirus crisis, strategist says By www.cnbc.com Published On :: Tue, 05 May 2020 10:41:32 GMT John Bilton, global head of multi-asset strategy at J.P. Morgan Asset Management, discusses the impact of the Covid-19 pandemic on stock valuations. Full Article
art Second quarter will be 'worst point in time' for European autos, analyst says By www.cnbc.com Published On :: Wed, 06 May 2020 07:51:42 GMT Jurgen Pieper, senior advisor for automobiles at Metzler, discusses the impact of the coronavirus pandemic on the autos sector. Full Article
art Strong nutrition business lifted first-quarter earnings, DSM co-CEO says By www.cnbc.com Published On :: Thu, 07 May 2020 17:05:31 GMT Geraldine Matchett, co-CEO of DSM, discusses the company's first-quarter earnings. Full Article
art It's been a challenging quarter, ING CFO says By www.cnbc.com Published On :: Fri, 08 May 2020 07:34:23 GMT Tanate Phutrakul, CFO of ING, discusses the lender's first-quarter earnings. Full Article
art Expecting to see earnings trough in the third quarter, Siemens CEO says By www.cnbc.com Published On :: Fri, 08 May 2020 07:37:18 GMT Siemens CEO Joe Kaeser discusses the impact of the coronavirus pandemic on the company's earnings. Full Article
art US oil needs more explicit support from policymakers: Standard Chartered By www.cnbc.com Published On :: Fri, 24 Apr 2020 05:24:53 GMT Eric Robertsen from Standard Chartered says it is hard to imagine oil and energy demand improving, so the U.S. shale industry needs explicit policy support to get back on track. Full Article
art Middle East companies are 'fighting for survival': AlixPartners By www.cnbc.com Published On :: Fri, 08 May 2020 08:26:53 GMT Firms in Gulf Cooperation Council countries are facing "very severe liquidity problems" and "very uncertain times" amid the coronavirus crisis, says Gabriel Chahine of AlixPartners. Full Article
art Op-Ed: The smart way to get US employees back to work By www.cnbc.com Published On :: Fri, 17 Apr 2020 18:59:31 GMT Missing in the planning to return to work is a response to a very fundamental challenge: How do we ensure that the return to economic activity better positions American workers for success, writes Zoe Baird and David Marsh. Full Article
art Siemens sees bigger hit from coronavirus impact coming as second-quarter profit plunges By www.cnbc.com Published On :: Fri, 08 May 2020 07:43:51 GMT Siemens on Friday said it expected "even stronger impacts" from the coronavirus pandemic in the weeks ahead as it ditched its 2020 guidance and posted an 18% drop in industrial profit during its second quarter. Full Article
art Media companies expect a tough quarter for TV advertising, with no live sports and spending delayed By www.cnbc.com Published On :: Fri, 08 May 2020 18:10:33 GMT In recent days, companies including ABC and ESPN parent Disney, Fox Corp., AMC Networks, NBCUniversal parent Comcast, ViacomCBS and Discovery reported earnings that showed how TV is trending as advertisers are pulling spend or postponing campaigns until later in the year. Full Article
art Alphabet CEO lays out how offices will slowly reopen starting in June with internal memo By www.cnbc.com Published On :: Fri, 08 May 2020 22:42:55 GMT The first employees to return will be those who need "access to special equipment" and whose jobs require them them to be in the office, Pichai stated. Full Article
art Global luxury sales could collapse up to 60% in the second quarter, consulting firm says By www.cnbc.com Published On :: Fri, 08 May 2020 06:51:12 GMT Bain predicted a full-year contraction between 20% to 35% for the personal luxury market that includes clothes, jewelry, watches, beauty products, and accessories. Full Article
art Apple to reopen stores in US starting next week By www.cnbc.com Published On :: Fri, 08 May 2020 19:55:24 GMT The vast majority of Apple's stores outside of China have been closed since March in response to the Covid-19 pandemic. In recent weeks, a few locations have reopened in countries such as South Korea, Australia and Germany. Full Article
art Options trader bets Zoom Video's run higher may just be getting started By www.cnbc.com Published On :: Wed, 19 Feb 2020 17:43:21 GMT Options traders are betting the videoconferencing stock may be gearing up for a double-digit move higher. Full Article
art Chartmaster says payment stock could be poised for gains on earnings By www.cnbc.com Published On :: Fri, 01 May 2020 22:07:38 GMT Carter Worth on PayPal, with CNBC's Melissa Lee and the Options Action Traders, Tony Zhang and Mike Khouw. Full Article
art UBS's McCartney: I'm directing clients to plan for post-coronavirus world By www.cnbc.com Published On :: Wed, 06 May 2020 16:13:23 GMT Alli McCartney of UBS Private Wealth Management and Darrell Cronk of Wells Fargo Investment Institute join "Squawk on the Street" to discuss the markets and investing amid the coronavirus pandemic. Full Article
art Carvana CEO Ernest Garcia on the company's first quarter earnings By www.cnbc.com Published On :: Thu, 07 May 2020 18:55:17 GMT Ernie Garcia, CEO of Carvana, joins "Squawk on the Street" to discuss the company's earnings amid the coronavirus pandemic Full Article