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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Hyundai’s luxury brand Genesis is re-cutting its Super Bowl ad days before it airs in the game to remove the appearance of a stationary helicopter, following a helicopter crash Sunday that killed retired NBA superstar Kobe Bryant and his 13-year-old daughter Gianna along with seven others. The spot, which stars Chrissy Teigen and John Legend, premiered on Entertainment Tonight on Tuesday. A spokesman for Genesis said the brand was re-cutting the ad to remove the stationary helicopter that appear

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Amazon has started restricting employee travel to China as the coronavirus continues to spread, a spokesperson confirmed to CNBC. Amazon said it’s banning all non-essential travel to the country, but if employees must travel to China, they have to receive approval first. The company does not have offices in Wuhan, China, where the majority of coronavirus cases have been reported. More than 100 people have died from the disease, while total confirmed cases have risen to more than 6,000. The major

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Microsoft doesn’t disclose Azure revenue in dollars. Microsoft stock moved 4% higher in extended trading on Wednesday after the company announced stronger-than-expected fiscal second-quarter results and revenue guidance for the next quarter. Microsoft also stopped supporting the Windows Server 2008 operating system in mid-January, six months after it ended support of the SQL Server 2008 database software. End of support for Windows Server 2008 contributed to the Intelligent Cloud growth, Microso

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Revenue: $21.08 billion vs. $20.89 billion forecast by Refinitiv. $21.08 billion vs. $20.89 billion forecast by Refinitiv. Daily active users (DAUs): 1.66 billion vs. 1.65 billion forecast by FactSet. 1.66 billion vs. 1.65 billion forecast by FactSet. 2.5 billion vs. 2.5 billion forecast by FactSet.

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Tesla has reported fourth-quarter results, and it’s a beat on earnings. Here’s how the company did versus expectations: Earnings: $2.14 adjusted vs. $1.72 per share expected. The company said it had already begun a production ramp for Model Y, its newest crossover SUV, at its Fremont, California car plant. The company also has plans to build the Model Y eventually at a factory it plans to build in Brandernburg, Germany in 2021. Tesla shared a photo of the production version of the Model Y in its

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago
Here’s what two analysts are expecting from Facebook’s quarterly earningsKevin Rippey, Evercore ISI, and James Cakmak, Clockwise Capital partner, join ‘The Exchange’ to discuss their thoughts on Facebook ahead of the company’s earnings after the bell.

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cnbc wrote a new post, Disney’s CEO Bob Iger is so busy even Oprah was stunned—here’s how he stays organized, on the site US Stock Info 6 years, 5 months ago
It’s no surprise Disney CEO Bob Iger has a lot of work on his hands. The company’s market capitalization has grown over $200 billion since Iger took over as CEO in 2005. And as a sign of Disney’s power, Iger claimed a spot in the top 100 of Time’s most influential people in the world in 2019. “One thing I know helps them a lot is that I tell them what my priorities are and what I expect of them and of the company,” Iger said. “There are some things I have to get involved with because of their sh

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cnbc wrote a new post, Bill Gates talks about Apple’s Macintosh computer in 1983, on the site US Stock Info 6 years, 5 months ago
Bill Gates talks about Apple’s Macintosh computer in 1983Bill Gates talks about Apple’s revolutionary personal desktop computer, the Macintosh, in 1983.

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cnbc wrote a new post, Mike Bloomberg presidential campaign releases dog ad a day after his snout-shake video goes viral, on the site US Stock Info 6 years, 5 months ago
Democratic presidential candidate former New York City Mayor Mike Bloomberg speaks during a “United for Mike,” event held at the Aventura Turnberry Jewish Center and Tauber Academy Social Hall on January 26, 2020 in Aventura, Florida. Doggone it, Mike Bloomberg’s presidential campaign is fast at producing funny ads. Less than 24 hours after a video showing Bloomberg bizarrely shaking a dog’s snout went viral on social media, his campaign released a digital ad featuring dogs endorsing the billion

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cnbc wrote a new post, Pentagon will provide support for US citizens and diplomats evacuated from Wuhan, on the site US Stock Info 6 years, 5 months ago
Follow CNBC’s live blog for coronavirus updatesWASHINGTON — The Pentagon said Wednesday that it will provide housing and support for the nearly 200 U.S. citizens and diplomats evacuated from Wuhan, China — the epicenter of the deadly coronavirus — to the United States. The flight from Wuhan Tianhe International Airport to Ontario, California, will stop first in Anchorage, Alaska, for refueling and medical screenings. The government-chartered flight landed at March Air Reserve Base in Riverside,

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cnbc wrote a new post, Iowa vote Monday could be a wake-up call for stock market if leading candidate Bernie Sanders wins, on the site US Stock Info 6 years, 5 months ago
Sanders had once been seen as a long shot, but he is now leading former Vice President Joseph Biden in Iowa polls by an average 24.8% to 20.6%, according to RealClearPolitics.com. In the Iowa polls, Warren is fourth with 14.6%, behind former South Bend, Ind. The analysis shows Biden doubling his odds to 80%, while the odds for Sanders would get a boost to 61% on an Iowa win. I think Iowa can be the defining moment for the race within the race,” he said. If Sanders wins Iowa, there could be a kne

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cnbc wrote a new post, Coronavirus could hurt iPhone sales in China and Apple’s supply chain, says top analyst, on the site US Stock Info 6 years, 5 months ago
Kuo also writes that factories that produce Apple products may face mass production risks related to the virus. Kuo writes that consumer confidence in China has dropped in the wake of the coronavirus, and he expects that smartphone shipments overall will drop, potentially hurting Apple. Cook said on Tuesday that Apple had restricted employee travel in China except in business critical circumstances. Kuo writes that Apple is working on new fingerprint-scanner equipped iPhones, but before they lau

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cnbc wrote a new post, Google shows off far-flung A.I. research projects as calls for regulation mount, on the site US Stock Info 6 years, 5 months ago
Pichai recently called for “clear-eyed” AI regulation amid a rise in fake videos and abuse of facial recognition technology. “Right now, one of the problems in machine learning is we tend to tackle each problem separately,” said head of Google AI Jeff Dean at Google’s San Francisco offices Tuesday. “These long arcs of research are really important to pick fundamental important problems and continue to make progress on them.” While most of Google’s projects are still years out from broad use, Dea

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cnbc wrote a new post, Powerful ad groups ask California to delay its landmark online privacy law, on the site US Stock Info 6 years, 5 months ago
The company doesn’t need to be in California, but is subject to the law if it collects personal information from residents there. Peloton, for instance, has said it doesn’t completely understand what CCPA means when it refers to the “sale” of personal information. “What is covered as a ‘sale’ under California law is not yet clear, but we currently do not ‘sell’ your information as we understand it. However, Peloton respects and understands that you may still want to ensure your personal informat

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cnbc wrote a new post, Airbnb hires Disney veteran to lead Experiences division ahead of expected public listing this year, on the site US Stock Info 6 years, 5 months ago
The home-sharing company announced Wednesday that it has hired 15-year Disney veteran Catherine Powell to lead its Experiences division, which offers tours and other activities for guests such as cooking classes. The Experiences division could play an important role as Airbnb eyes an expected public listing later this year. Airbnb said Wednesday it has expanded the Experiences division to offer more than 40,000 experiences in more than 1,000 cities. The news comes after Airbnb announced earlier

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cnbc wrote a new post, Two spacecraft have an ‘extremely concerning’ likelihood of colliding in the sky above Pittsburgh, on the site US Stock Info 6 years, 5 months ago
Two old, out-of-control spacecraft are currently on a possible collision course above Pittsburgh on Wednesday night, hurtling toward each other in orbit. That puts the the probability of a collision at 1 in 100, the company says, which is an exceptionally high likelihood. The Commerce Department recently assumed responsibility from the Pentagon to track objects and notify companies about potential collisions. If the defunct spacecraft collide, Ceperley says the extreme velocity of the objects wo

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cnbc wrote a new post, Ford and EV start-up Rivian plan to produce an all-electric vehicle for Lincoln, on the site US Stock Info 6 years, 5 months ago
The first all-electric vehicle for Ford Motor’s luxury Lincoln brand is being developed with EV start-up Rivian, the automaker announced Wednesday. The vehicle will use Rivian’s “flexible skateboard platform,” which underpins the vehicle, as part of a previously announced $500 million investment by Ford into the private company. The companies said last year they will partner to develop a vehicle but did not say it would be a Lincoln. “Our vehicle development partnership with Ford is an exciting

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cnbc wrote a new post, Penn National stock soars on news the gambling company is taking 36% stake in Barstool Sports, on the site US Stock Info 6 years, 5 months ago
Penn National Gaming is betting big on its newest partner, Barstool Sports. The casino company announced it’s taking a 36% stake in the digital sports media company for about $163 million in cash and convertible preferred stock. Shares of Penn National climbed more than 12% Wednesday following the news. The stake is a big play for the regional gaming company to expand its exposure in sports betting, which will reduce its marketing costs and the price of customer acquisition. Snowden described Ba

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cnbc wrote a new post, McCormick unveils limited edition Old Bay Hot Sauce — and demand is already high, on the site US Stock Info 6 years, 5 months ago
Maryland-based McCormick & Company unveiled an Old Bay-branded hot sauce this week — and sold out in the first day of sales. The company began selling the limited edition hot sauce on its website Wednesday and will debut the condiment in stores within “the next month or so.” “Tangy with a kick of heat, and that distinctive Chesapeake flavor, Old Bay Hot Sauce is sure to win over hearts (and mouths!).” The company said it’s restocking the hot sauce and will resume sales, though it didn’t specify

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cnbc wrote a new post, These sectors are seeing inflows despite Wall Street’s coronavirus fears, says State Street, on the site US Stock Info 6 years, 5 months ago
Several S&P 500 sectors are seeing “massive” inflows despite Wall Street’s jitters around the coronavirus outbreak, Matthew Bartolini, head of SPDR Americas Research at State Street Global Advisors, told CNBC’s “ETF Edge” on Tuesday. “They’re buying everything that was sort of impaired by [U.S.-China] trade tensions,” said Bartolini, who conducts research and analysis for State Street’s exchange-traded fund products. The coronavirus, which originated in the Chinese city of Wuhan, has now killed

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