CNBC Daily Open: Musk threatens Apple ban
Elon Musk, CEO of Tesla, speaks during the annual New York Times DealBook Summit in New York City on Nov. 29, 2023. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter….
Chinese electric car company Nio to enter Middle East this year amid global expansion by peers
Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China. CNBC | Evelyn Cheng BEIJING — Chinese electric car company Nio plans to expand to the Middle East this year, CEO William…
CrowdStrike CEO explains the value of modern cybersecurity in the AI landscape
In a Wednesday interview with CNBC’s Jim Cramer, CrowdStrike CEO George Kurtz described how it serves customers who are using legacy technology from other companies. “One of the things that I talked about in my…prepared remarks on the earnings call…
We’re buying more shares of this industrial company with data center and health-care exposure
We are buying 75 shares of Dover at roughly $180. Following the trade. Jim Cramer’s Charitable Trust will own 250 shares of Dover, increasing its weighting in the portfolio to about 1.4% from about 1%. Dover shares hit a rough…
Why the price of chocolate’s key ingredient skyrocketed in 2024
Chocolate’s key ingredient has soared in commodities markets throughout 2024. Spot prices for cocoa began the year around $4,200 an ounce, then hit an all-time high of more than $12,000 an ounce in late April before settling above $9,000. Factors…
China’s capital city is opening a robotaxi route to a major train station, startup Pony.ai says
Robotaxi operator Pony.ai has begun testing rides with human staff inside between a suburb of Beijing and a major high-speed train station. CNBC | Evelyn Cheng That route between Beijing South Railway Station and the suburb of Yizhuang is set…
Best Buy CEO explains how the company is preparing to sell new AI-enabled computers
Best Buy CEO Corie Barry told CNBC’s Jim Cramer the electronics retailer is getting ready to sell a slew of new artificial intelligence-enabled personal computers. “We are, as you can imagine, arming ourselves on every angle to be the single…
Salesforce, UiPath, Best Buy, Kohl’s, Foot Locker, HP Inc., C3.ai, Nutanix, and More Stock Market Movers
Stocks fell Thursday as Salesforce issued a weak outlook and rising bond yields weighed on sentiment. Salesforce reported first-quarter adjusted earnings that topped Wall Street predictions but shares of the business-software company were falling 18% after revenue of $9.13 billion…
We’re adding to our geopolitical hedge and a struggling health-care stock
We’re adding to our geopolitical hedge and a struggling health-care stock CNBC Jim Cramer Offers His Take On Corning, Calls This Healthcare Stock A ‘Terrific Spec’ MSN Jim Cramer Offers His Take On Corning, Calls This Healthcare Stock A ‘Terrific Spec’ –…
CJ CheilJedang’s Bibigo savors success in overseas markets
Local residents enjoy Korean food at the Bibigo pop-up store in Shoreditch, London. [CJ CHEILJEDANG] Amid the global popularity of Korean cuisine, CJ CheilJedang is ramping up its expansion in the international food industry, driven by its Bibigo brand….