Some of the world’s biggest chipmakers are taking a hit as the semiconductor shortage of the Covid-19 pandemic turns into a glut.
New research on Facebook shows the algorithm isn’t entirely to blame for political polarization
Researchers working with Meta published four new studies that detail a nuanced view of polarization on Facebook and Instagram.
Despite a down day for the Dow, Cramer sees a lasting positive change in the market
CNBC’s Jim Cramer on Thursday told investors he thinks the current market looks more like it did in the ’80s and ’90s before the dotcom burst.
Trump hit with new charges in classified documents case, third defendant added
Carlos Deoliveira joins former President Donald Trump and valet Walt Nauta as defendants in the case involving classified documents at Mar-a-Lago in Florida.
Stocks making the biggest moves after hours: Intel, Ford, Roku, Enphase Energy and more
These are the stocks posting the largest moves in extended trading.
Reels, ads and cost cutting propel Meta’s stock to 17-month high. How the pros are playing it
Pros on CNBC discussed Meta after the company beat Q2 earnings and revenue estimates, hitting levels not seen since early last year.
Ford pushes back EV target, warns of wider losses due to slower-than-expected adoption
Ford said it now expects its EV business unit, Ford Model e, to post an operating loss of about $4.5 billion this year
American Airlines pilots’ union accepts sweetened labor deal
The new deal will have to be ratified by American Airlines’ more than 15,000 pilots.
Intel jumps 7% as it returns to profitability after two quarters of losses
Intel management has told investors that the company’s turnaround will take time, and that it is aiming to match TSMC’s chip-manufacturing prowess by 2026.
Airlines say domestic fares are sliding and threatening to chill record revenue growth
Southwest Airlines, Alaska Airlines and American Airlines have forecast weaker fare growth.
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