Home / 2023 / July (page 12)

Monthly Archives: July 2023

Nissan CEO spots key to cracking China market after demand slump

Nissan CEO Makoto Uchida said the Japanese carmaker needs to bring new vehicles to the increasingly crowded Chinese market at speed. Speaking to CNBC’s Tanvir Gill on Wednesday, Uchida said the company would target current Nissan customers with the “timely introduction of high-value product[s] that are as competitive as fast-growing …

Read More »

Facebook ad rebound gives Meta CEO Zuckerberg freedom to go big

Meta CEO Mark Zuckerberg demonstrates an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers during the Oculus Connect 3 event in San Jose, California, U.S., on Thursday, Oct. 6, 2016. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg is once again a fan favorite …

Read More »

Samsung earnings report Q2 2023

People walk past an advertisement for Samsung Galaxy S23 phones at the company’s Seocho building in Seoul on April 7, 2023. Jung Yeon-je | Afp | Getty Images Samsung Electronics posted a second-quarter profit drop Thursday as weak demand for memory chips persists. Here are Samsung’s second-quarter results versus estimates: …

Read More »

Manage risk because people got Fed dead wrong

It’s vital for investors to manage risk right now no matter where interest rates go, according to CME Group chairman and CEO Terry Duffy. “Everybody that I’ve talked to over the last year has been dead wrong when it comes to what the Fed was going to do,” Duffy told …

Read More »

Jim Cramer lists ten market themes to watch after the Fed’s July hike

CNBC’s Jim Cramer said Wednesday that “parsing the Fed’s move is a mug’s game.” After the Federal Reserve raised rates to their highest level in 22 years, Cramer said investors can use market volatility created by the Fed meeting to buy stocks in line with ten themes from this quarter’s …

Read More »

Coca-Cola says it’s done raising prices in U.S., Europe this year

A pedestrian passes a Coca-Cola delivery truck in Mexico City, Mexico, on Wednesday, Jan. 25, 2023. Jeoffrey Guillemard | Bloomberg | Getty Images For two years, Coca-Cola has been raising prices on its drinks to combat higher costs. But the company said Wednesday it’s done hiking prices this year in …

Read More »

Here’s what the $910 million Mega Millions winner could owe in taxes

The Mega Millions jackpot grew to $910 million on July 26, 2023. Tayfun Coskun | Anadolu Agency | Getty Images The Mega Millions jackpot has grown to an estimated $910 million, with the next high-stakes drawing on Friday at 11:00 p.m. ET. The big prize has only exceeded $1 billion …

Read More »

Major League Pickleball founder on growth, challenges

Just a few years ago, pickleball was barely known to most people. Today, it’s America’s fastest growing sport. With courts popping up in cities and parks across the country, celebrities and pro athletes buying up pro teams, and more than 36 million people giving it a shot last year, it’s …

Read More »

Meta, Microsoft, Amazon join Overture maps to vie with Apple, Google

Google Maps app can be seen on a mobile phone. Nasir Kachroo | NurPhoto | Getty Images Google and Apple dominate the market for online maps, charging mobile app developers for access to their mapping services. The other mega-cap tech companies are joining together to help create another option. A …

Read More »

AWS announces generative A.I. tool to save doctors time on paperwork

Attendees walk through an expo hall during Amazon Web Services’ Reinvent conference at the Venetian in Las Vegas on Nov. 29, 2022. Noah Berger | Getty Images Entertainment | Getty Images Amazon Web Services on Wednesday announced a new service for health care software providers called AWS HealthScribe, which uses generative artificial …

Read More »