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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
YouTube ads generated $15.15 billion in revenue in fiscal 2019, with $4.72 billion in the fourth quarter alone. The segment generated $11.16 billion in revenue in 2018, including $3.61 billion in the the fourth quarter of that year. On a call with analysts, CFO Ruth Porat said YouTube’s nonadvertising revenue reached a $3 billion revenue run rate in the fourth quarter. Google’s cloud business generated $8.92 billion in revenue in fiscal 2019, with $2.61 billion generated in the fourth quarter. T

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Visitors look at an Emirates airline’s Airbus A380 dislayed at the Dubai Airshow on November 9, 2015. The UAE is home to national carriers Emirates Airline and Etihad. The GCAA’s statement noted that all flights to and from Wuhan from the UAE have been canceled since Jan. 23. Emirates Airline, based in Dubai, is the world’s largest A380 operator and top-five largest airline in terms of passenger and freight ton kilometers flown. Major airlines temporarily suspending China routes include American

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Watch CNBC’s full interview with Affirm CEO Max LevchinMax Levchin, PayPal founder and Affirm CEO, joins “Squawk Alley” to discuss Facebook’s Libra, a possible Affirm IPO and more.

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Here’s how Big Tech companies are combatting coronavirus misinformationFacebook will start removing misinformation about the coronavirus outbreak from its platforms. Google and Twitter also taking steps to tackle misinformation about it. Google has started displaying information from the WHO about the virus in search results. Twitter meanwhile has adjusted its search prompt to lift information from “authoritative health sources” to the top of the page when users make searches about the coronavir

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Kara Swisher: Mark Zuckerberg’s comments are perplexingCNBC contributor Kara Swisher joins “Squawk Alley” to discuss new comments from Facebook CEO Mark Zuckerberg on changing policies.

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Mental health tech and wearablesAbout 42.6% of the 46.6 million adults living with any mental illness in the U.S. received mental health treatment in 2017, according to the National Institute of Mental Health. Many people who have demanding schedules struggle to find time for therapy appointments, but digital solutions help, according to the GWS report. According to the GWS report, the rest of the world is taking notice. For instance, people in Japan work so much there’s actually word for “death

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Jason Lee | ReutersWhen the market makes big moves, you might be tempted to make big decisions. On Friday, stocks fell sharply as fears about the coronavirus’ impact on China and other markets spread. That advice will likely be relevant in the coming months as the presidential election and coronavirus outbreak continue to make headlines. In light of a deadly virus outbreak in China, Hong Kong citizens wore surgical masks in fear of contracting the flu. Willie Siau | Getty ImagesOne analyst is pr

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
The Federal Trade Commission said Monday it plans to sue to block Edgewell’s $1.37 billion acquisition of shaving start-up Harry’s, citing competition concerns in the consumer shaving space. The deal, announced last May, would give Edgewell access to Harry’s data and subscription base. By the time Harry’s announced its sale to Edgewell, it did roughly half its sales in stores like Target and Walmart. The FTC announcement caught some industry insiders by surprise, given Harry’s small hold of the
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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Fiat ChryslerWhat’s old was new again in Sunday night’s Super Bowl ads. Every year, the question comes up again: Are Super Bowl ads really worth it for brands? NostalgiaA slew of the Super Bowl spots leaned heavily on the nostalgic. PoliticsPolitical messages didn’t take up much airtime during the Super Bowl but were a novel addition to this year’s lineup. The halftime show featured Jennifer Lopez and Shakira in the first time two Latina artists shared the Super Bowl stage.

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Shares of Tesla soared as much as 18% on Monday after Argus Research raised its price target to $808 from $556. It also raised its earnings per share estimate to $8.01 from $5.96 and expects that to double by 2021. Tesla said Jan. 3 that it delivered 92,550 Model 3 cars and 19,450 Model S and X vehicles during the fourth quarter. It was expected to deliver 87,900 Model 3, 9,800 Model S and 9,300 Model X vehicles. Tesla is among one of the biggest stocks to short, and investors betting against th

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus gestures during a press briefing on evolution of new coronavirus epidemic on January 29, 2020 in Geneva. “For too long, the world has operated on a cycle of panic and neglect,” Tedros said, according to a transcript of his remarks. At an executive board meeting in Geneva, Tedros urged the World Health Organization’s 196 member countries to “invest in preparedness,” not “panic.” He added that funding for outbreak prepared

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
“When in reality, people can take measures to protect themselves against the flu, which is here and prevalent and has already killed 10,000 people.” That compares with a mortality rate of 0.095% for the flu in the U.S., according to CDC estimates for the 2019-2020 flu season. Though some health-care professionals and analysts believe the number of coronavirus cases to be much higher, which would mean a lower mortality rate. “I think we’re going to find that the mortality number is going to be lo

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
At the same time, some will look to offload money, hoping to avoid a luxury tax bill. According to league sources who spoke to CNBC, Rockets owner Tilman Fertitta is seeking to shed additional salary off the team’s nearly $140 million payroll hoping to avoid a luxury tax. The way the tax system works is the NBA penalizes a team when its payroll rises above $132 million for the 2019-20 season. From there, the tax will increase 50 cents for each additional $5 million a team is over, according to t

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Dr. Anthony Fauci of the National Institutes of Health told CNBC on Monday that a quarter of China’s coronavirus cases require intensive treatment. “About 25% of them have very serious disease, requiring relatively intensive or really intensive care,” said the director of the NIH’s National Institute of Allergy and Infectious Diseases. China’s National Health Commission said Monday that the confirmed coronavirus cases in China increased to 17,205. The World Health Organization said there’s been

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
People in face masks in an Apple store during an outbreak of the 2019-nCoV coronavirus, which started in Wuhan in December 2019. With Apple’s 42 stores closed until at least Feb. 9, Citi estimated the company’s worst case scenario, where sales in China go to zero. “Each week of no China sales is $850 million of sales or a reduction of -1.3%. Should the situation elongate to a month it would represent $3.4 billion or a reduction of -5.2% [for Apple’s total sales],” Citi said in a note to investor

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Risks to the rally: What investors need to knowStocks rebound after Friday’s big sell-off, but can investors fully trust the bounce back? Discussing Monday’s market action, with Liz Young, BNY Mellon director of market strategy; Josh Brown, Ritholtz Wealth Management; Joe Terranova, Virtus Investment Partners; and Sarat Sethi, Douglas C. Lane & Associates.

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Michael Bloomberg unveils $5 trillion tax plan aimed at wealthyCNBC’s Robert Frank reports on presidential candidate Michael Bloomberg and his $5 trillion plan to tax the wealthy and corporations. Politico’s Ben Smith also weighs in.

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Why the Electoral College existsMillions of Americans voted in the 2016 presidential election, but only a handful of people actually elected the president. The Electoral College dates to the Constitutional Convention in 1787 and has since been the body that selects the president. Some argue that the Electoral College impedes democracy while others say it promotes it. Watch the video to find out why the Electoral College was created.

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Nike — The shoe giant rose 4.3% after UBS upgraded the stock to buy from neutral and JPMorgan added Nike to its “analyst focus list.” Sysco — Shares of Sysco dropped more than 6% after the company missed Wall Street’s estimates for its quarterly revenue. Gilead Sciences — Gilead Sciences rose 4.6% on Monday morning after the company announced it is offering an experimental drug to treat the new coronavirus. Check Point Software Technologies — Shares of the software company dipped 1.3% on the bac

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Veterans Affairs Department Deputy Secretary James Byrne was fired Monday, amid controversy over the department’s handling of a sexual assault allegation by a House staffer visiting a VA facility last year. Before he was confirmed for his post in a 88-11 Senate vote, Byrne served since August 2018 as acting deputy secretary of the VA. VA Inspector General Michael Missal, who investigated Goldstein’s claims, last month wrote Wilkie to dispute the idea that her allegations were “unsubstantiated.”

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