Shake Shack, Cardinal Health And More: CNBC’s ‘Final Trades’
On CNBC’s "Halftime Report Final Trades," Bryn Talkington of Requisite Capital Management said she likes Invesco S&P 500 Equal Weight Energy ETF (NYSE:
Nike Axes Headcount To Save Cost, Cuts Over 1,600 Jobs: Report
Nike reportedly plans to cut 2% of its workforce to save costs and focus on key categories. The reduction won't impact employees in stores or innovation team.
NY Pension Fund Prioritizes Climate Over Big Oil Profits: Restricts Investments In 8 Companies, Including ExxonMobil
NY State pension fund restricts investments in 8 oil and gas companies, including Exxon, due to climate risk.
Meta’s Tech Chief Echoes Zuckerberg’s Review Of Apple Vision Pro, Says ‘Way Too Much Weight…Distributed Poorly’
Meta's CTO Andrew Bosworth critiqued Apple Vision Pro for its heavy weight and poor weight distribution, despite acknowledging its high screen resolution and low latency, aligning with CEO Mark Zuckerberg's earlier criticisms comparing it unfavorably to Meta's Quest 3.
South Korea’s Answer To Tesla’s Model Y, BYD Dominance: A New EV Policy That Favors Hyundai, Kia
Hyundai's Business Research Center auto group leader noted that the price cuts by Tesla and the rise of BYD have triggered a global price war in the EV market.
Google Announces Free AI Cyber Tools For Gmail, Google Drive To Combat Online Threats: ‘Defender’s Dilemma’ Reversed
Google has announced free AI-powered cybersecurity tools, used in protecting Gmail and Google Drive, to help combat the increasing use of AI in cybercrime.
Why Are Tesla Model S And Y Deliveries Being Delayed? It’s An EPA Issue
The range ratings for the Model S, Model X, and Model Y were recently revised by Tesla.
Meta vs. Apple: New Ad Guidelines Aim to Bypass App Store Commissions
Meta introduces new guidelines for small businesses advertising on Facebook and Instagram to avoid Apple's fees, intensifying rivalry between the two companies.
Meta’s Strategic Board Expansion: Broadcom’s CEO and Philanthropist Join as Company Sharpens AI Focus
Mark Zuckerberg expands Meta's board with two new directors, expressing enthusiasm for their contributions to long-term vision, including AGI.
Broadcom Sees Boost from Tiger Global’s Entry, Signaling Confidence in AI Semiconductor Market
Tiger Global diversified its investment portfolio by acquiring a stake in Broadcom and increasing holdings in Taiwan Semi and Lam Research, while decreasing investments in tech giants. Broadcom and Nvidia seen as top AI beneficiaries.