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Companies from McDonald’s to 3M warn inflation is squeezing consumers

by Adrian Jhonsan
Companies from McDonald’s to 3M warn inflation is squeezing consumers

McDonald’s employee giving change to a customer. Jeffrey Greenberg | UIG | Getty Images Some of America’s best-known corporations are saying their consumers are being pinched by inflation as prices …

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Categories World

Online education stocks CHGG and COUR tank on ChatGPT threat

by Adrian Jhonsan
Online education stocks CHGG and COUR tank on ChatGPT threat

James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, on April 29, 2010. John Sommers II | Bloomberg | Getty …

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Categories World

Musk visits Beijing as Tesla’s China-made cars pass security rules

by Adesola Mojo
Musk visits Beijing as Tesla’s China-made cars pass security rules

Elon Musk, CEO of Tesla and owner of social media site X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de …

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Categories Automobile

Fed meeting and Apple, Amazon, Eli Lilly report

by Adrian Jhonsan
Fed meeting and Apple, Amazon, Eli Lilly report

CNBC’s Jim Cramer on Friday walked investors through next week on Wall Street. It’s a week jam-packed with notable events, including earnings from Apple, Amazon and Eli Lilly. He also …

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Categories World

Chinese EVs Nio, Xpeng turn to mass market for growth

by Adesola Mojo
Chinese EVs Nio, Xpeng turn to mass market for growth

Nio Founder and CEO William Li poses outside of the New York Stock Exchange to celebrate his company’s IPO. Photo: NYSE BEIJING — Chinese electric car start-ups Nio and Xpeng …

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Categories Automobile

Tractor Supply CEO says there’s ‘significant migration’ out of cities

by Adrian Jhonsan
Tractor Supply CEO says there’s ‘significant migration’ out of cities

Tractor Supply CEO Hal Lawton told CNBC’s Jim Cramer on Thursday that a substantial number of Americans are moving out of cities, and many are headed to rural areas. “Rural …

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Categories World

Amazing time to invest in cutting-edge tech including AI

by Adrian Jhonsan
Amazing time to invest in cutting-edge tech including AI

ARK Invest is betting big on private tech companies. “It’s an amazing time to invest in innovation,” the firm’s chief futurist, Brett Winton, told CNBC’s “ETF Edge” this week. “Both …

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Categories World

Cramer praises Chipotle for growing despite a slowing economy

by Adrian Jhonsan
Cramer praises Chipotle for growing despite a slowing economy

CNBC’s Jim Cramer on Thursday said companies that perpetually generate “self-help” are poised to do well in this market. In other words, they find ways to grow and perform well …

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Categories World

Stripe co-founder says high interest rates wiped out ‘wackiest’ ideas

by Ev Richard
Stripe co-founder says high interest rates wiped out ‘wackiest’ ideas

John Collison, president and co-founder of Stripe. Christophe Morin | IP3 | Getty Images Rising interest rates crushed technology valuations and had a chilling effect on Silicon Valley. Stripe’s co-founder …

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Categories Technology

Dow drops 500 points on inflation, growth concerns: Live updates

by Adrian Jhonsan
Dow drops 500 points on inflation, growth concerns: Live updates

Traders work during the opening bell at the New York Stock Exchange. Johannes Eisele | AFP | Getty Images Stocks tumbled Thursday after the latest U.S. economic data showed a …

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Categories World
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