PayPal‘s shares was one of the best market performers Tuesday despite the tie up between Global Payments and Total System Services that’s worth $21.5 billion of stock, CNBC’s Jim Cramer said. The stock climbed 1.72% during the same session that two major indexes declined nearly 1%. “Every time you see competitors teaming up to try to take share
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Lisa Su, CEO, AMD Scott Mlyn | CNBC AMD shares jumped 10% on Tuesday after announcements about upcoming chips led analysts to predict the company will pick up market share from rival Intel. On Sunday, at the Computex Industry show in Taipei, AMD talked about several new third-generation Ryzen PC chips coming in July that will
U.S. President Donald Trump, left, speaks as Shinzo Abe, Japan’s prime minister, during a dinner at the Inakaya restaurant in the Roppongi district on May 26, 2019 in Tokyo, Japan. Kiyoshi Ota | Getty Images News U.S. President Donald Trump concluded his four-day visit to Japan on Tuesday amid uncertainty about whether a trade deal
The U.S. and Japan will likely reach a trade settlement in the next six to nine months that will “give each side something to claim credit for,” a former trade official told CNBC on Monday. U.S. President Donald Trump arrived in Japan on Saturday in a state visit amid looming trade issues between the two
The 2019 Lexus LX 570 CNBC | Mack Hogan Toyota’s Land Cruiser SUV has long held a reputation for being the world’s toughest truck. Land Cruisers dot the Australian outback, serve as emergency vehicles in the far reaches of South America and ferry United Nations Peacekeepers to conflict zones around the world. This, the Lexus
Charlie Kindel, senior vice president of products and services at Control4. Control4 As an executive at Amazon who built the Alexa Smart Home group, Charlie Kindel became very familiar with the company’s use of so-called future press releases. Employees who are planning new projects write fake news releases as if they were promoting the finished
An American Airlines Boeing 737 MAX 8 flight from Los Angeles lands at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, March 13, 2019. Joshua Roberts | Reuters United Airlines will extend flight cancellations through Aug. 3 as its
A man wearing an unicorn costume plays at a computer during the Intel Extreme Masters Katowice 2019 event in Katowice on March 2, 2019. BARTOSZ SIEDLIK/AFP/Getty Images In November 2015, tech investor Marc Andreessen weighed in on a hot debate about whether Silicon Valley’s start-ups were frothy from all the cash propping up so-called unicorns,
Dr. Vasant Narasimhan, CEO of Novartis, speaking at the Healthy Returns conference in New York City on May 21, 2019. Astrid Stawiarz | CNBC The Food and Drug Administration on Friday approved Novartis‘ $2.13 million gene therapy for spinal muscular atrophy, sending the company’s shares traded in the U.S. 4% higher in midday trading. The
Elon Musk Jim Watson | AFP | Getty Images SpaceX has raised just over $1 billion in financing since the beginning of the year, a filing seen by CNBC revealed on Friday, as the company seeks backing for its daunting plan to provide internet from a network of thousands of small satellites. The funds are
Ryan Graves was Uber’s first full-time CEO and employee, who was last senior vice president of global operations before announcing he would step down in August 2017. Graves said at that time he would remain on the board during the search for the replacement of his CEO successor, Travis Kalanick. Uber Uber said in a
Jamison Crowell is the executive director of the DC Area Trans-Masculine Society, Friday, March 15, 2019, in Washington, DC. Jahi Chikwendiu | The Washington Post | Getty Images The Trump administration on Friday rolled back health-care protections for transgender people by ending an Obama-era policy that prohibited health providers from discriminating against patients based on
Prime Minister of Australia Julia Gillard with former Prime Minister Kevin Rudd in the background. Getty Images Australia would not want to take sides in the ongoing trade war between the U.S. or China, said former Australian prime minister Julia Gillard on Friday. Asked which side Australia would take if forced to choose between Washington
CNBC’s Jim Cramer said Thursday that Chinese and American leaders have little incentive to make a trade deal, and that Wall Street is adjusting to its new normal. Traders are realizing that there will be no good news on U.S.-China trade relations in the near future, and the negative news is beginning to bake into
Mario Batali Getty Images Celebrity chef Mario Batali is being charged with indecent assault and battery, more than a year after admitting to sexual misconduct. Batali has faced civil litigation, but this is the first time that he has been criminally charged for sexual misconduct. He is scheduled to be arraigned in Boston Municipal Court
CNBC’s Jim Cramer continues to suggest that investors should own Apple’s stock and not trade it, even as the company weathers the storm of the prolonged trade war. “You need to strap yourself to the mast if you’re gonna hold onto this one, as we’ve done for my charitable trust,” the “Mad Money” host said
Doug Parker, CEO of American Airlines. Adam Jeffery | CNBC American Airlines CEO Doug Parker is fully committed to Boeing’s 737 Max jet once it’s re-certified by the Federal Aviation Administration, and believes an “absolute fix” does exist for jet’s anti-stall system implicated in two deadly crashes. “There’s one that we will all be comfortable
saulgranda | Moment | Getty Images A ban on plastic drinks stirrers, straws, and plastic-stemmed cotton swabs will come into force in England next April. “Urgent and decisive action is needed to tackle plastic pollution and protect our environment,” Environment Secretary Michael Gove said in a statement Wednesday. “These items are often used for just
CNBC’s Jim Cramer said Tuesday it appears that cannabis companies could be seeing some “meaningful differentiation.” He took a look at the chart patterns of stocks in the sector as interpreted by Tim Collins, a technician and Cramer colleague at RealMoney.com. “The charts, as interpreted by Tim Collins, suggest that GW Pharma and Village Farms
Pure Storage CEO Charles Giancarlo. Ryan Anson | Bloomberg | Getty Images Pure Storage shares fell as much as 19% in extended trading on Tuesday after the provider of data storage hardware and services reported a wider loss than analysts expected and also gave disappointing guidance. Here are the key numbers: Earnings: Loss of 11