The Ratings Game: Apple confirms it’s one of TSMC’s first Arizona customers, while Intel preps for return to cutting edge in 2023
Apple Inc.'s Tim Cook confirmed at an event in the company is one of Taiwan Semiconductor Manufacturing Co.'s first Arizona fab customers, while Intel Corp....
: U.S. oil futures settle at lowest price of the year
Oil futures fell sharply on Tuesday, with U.S. prices marking at their lowest price of the year. The oil market is “moving in fear that...
Dow down over 400 points in last hour of trade as stocks tumble for second straight day
Major U.S. stock indexes fell sharply Tuesday afternoon, continuing a sharp rout on Wall Street for the week. The Dow Jones Industrial Average was off...
Morgan Stanley laying off 2% of workforce: reports
Morgan Stanley on Tuesday reduced its employee count by 2% or 1,600 of the bank's 81,567 employees, according to reports. The move comes after Morgan...
Netflix co-CEO Sarandos predicts revenue rebound in 2023
Netflix Inc. co-Chief Executive Ted Sarandos believes the video-streaming giant will rebound with growth next year after a rough 2022. "We're, like most companies, happy...
S&P 500 books fourth straight day of losses as U.S. stocks close sharply lower
U.S. stocks ended sharply lower Tuesday, with the S&P 500 falling for a fourth straight day, as investors sought safe-haven assets amid recession concerns and...
Trump Organization convicted in New York criminal tax fraud case
The convictions come weeks after former President Donald Trump, declared his candidacy for the White House in the 2024 election.
Netflix co-CEO Sarandos says streamer likely to offer multiple ad-supported tiers
Netflix is likely to offer multiple ad-supported tiers, co-CEO Ted Sarandos said at a conference Tuesday.
Despite economic uncertainty, it’s a ‘great moment’ for dollar-cost averaging, says Betterment CEO
Despite economic uncertainty, experts at CNBC's Financial Advisor Summit urge investors to stay in the market in 2023. Here's what to know.