Pfizer CEO Albert Bourla talks during a press conference with European Commission President Ursula von der Leyen after a visit to oversee the production of the Pfizer-BioNtech COVID-19 vaccine at the factory of U.S. pharmaceutical company Pfizer in Puurs, Belgium April 23, 2021. John Thys | Reuters Pfizer on Tuesday Continue Reading
XOM, STAA, CVS, AZO, ARES
Check out the companies making the biggest moves midday: Campbell’s — The food company tumbled nearly 6% after it reported a 3% decrease in net sales from a year ago to $2.68 billion. Adjusted earnings also fell by 13% on a year-over-year basis to 77 cents per share. Both figures, Continue Reading
I may need to reevaluate Costco, plus a good sign for Linde
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks are higher ahead of Wednesday’s Federal Reserve interest rate decision. The U.S. central bank is expected to cut rates by 25 basis points, Continue Reading
FDA approves Merck drug for decimated cattle herds to stop screwworm
Cattle detained in the pens of the Chihuahua Regional Livestock Union , at the Jeronimo-Santa Teresa border crossing in Ciudad Juarez, Mexico on November 27, 2024, after the United States stopped imports of Mexican cattle due to the presence of screwworm. Anadolu | Anadolu | Getty Images U.S. cattle ranchers Continue Reading
Commercial real estate deal volume drops for first time in nearly 2 years
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to Continue Reading
New Target store in SoHo New York showcases fashion
Target has turned its store in New York City’s SoHo neighborhood into a unique concept store. Inside of an area that resembles the company’s Bullseye logo, the company has “The Drop,” a rotating display of seasonal styles and curated items. Courtesy of Target In one of New York City’s most Continue Reading
Fifth Third, Brex sign commercial cards agreement
Regional bank Fifth Third on Tuesday announced a deal making fintech firm Brex the provider of its commercial cards and expense management tools for business clients. The program will run on Brex’s embedded payments platform, which lets banks issue corporate cards and automate expense reporting using artificial intelligence tools, the Continue Reading
Bill Gates on why AI will become ‘hyper competitive’
Bill Gates talks to CNBC at Abu Dhabi Finance Week. CNBC Bill Gates has warned that some AI companies with high valuations will lose out in the “hyper competitive” AI industry, as the investors weigh up whether a bubble is about to burst. “AI is the most important thing going Continue Reading
CNBC Property Play: CRE deal volume drops
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The recovery in commercial real estate just took a turn for the worse after it had seen some nice gains. CNBC’s Diana Olick joins ‘Squawk Box’ to break down exclusive data on the most recent CRE deals.
Stocks making the biggest moves premarket: HD, ARES, VIK, TOL
Check out the companies making the biggest moves in premarket trading: Nvidia — President Donald Trump said the U.S. will allow the tech giant to ship its H200 artificial intelligence chips to China and elsewhere. The U.S. will get a 25% cut for the sales, which are only allowed for Continue Reading