A new Pininfarina SpA Battista luxury hypercar sits on display on the opening day of the 89th Geneva International Motor Show in Geneva, Switzerland, on Tuesday, March 5, 2019. Bloomberg | Bloomberg | Getty Images BMW, Porsche and Bentley are debuting their hottest new cars online after organizers of the Geneva International Motor Show canceled
CNBC’s Jim Cramer said on Friday investors with long-term horizons to retirement should now put money to work in this week’s steep stock market correction. “If you’re in a 401(k), I know no one wants to hear this, but I think you have to buy. Buy some,” Cramer said on “Squawk Box.” ”What are we waiting
Cristiano Oliveira, co-founder and CEO of Olivia AI. When I got my first iPhone about 10 years ago, I didn’t think much of it. It was just like my old-school flip phone, but more brick-like and better at stretching out the pockets in my jeans. This was, of course, extremely shortsighted. More than 80% of
Microsoft founder Bill Gates Lintao Zhang/Getty Images Billionaire and Microsoft co-founder Bill Gates said the coronavirus that has killed at least 2,859 people and infected more than 83,700 globally may be the “once-in-a-century pathogen we’ve been worried about.” “I hope it’s not that bad, but we should assume it will be until we know otherwise,”
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., on Wednesday, Jan. 29, 2020. Andrew Harrer | Bloomberg | Getty Images Goldman Sachs said it expects the Federal Reserve to deliver an interest rate reduction of 75 basis point in
Richard Branson, founder of Virgin Group Ltd., speaks during an interview following Virgin Galactic Holdings Inc.’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Oct. 28, 2019. Michael Nagle | Bloomberg | Getty Images Traders who rushed to buy Virgin Galactic in its
If you’re nervous about the stock market’s nosedive and are considering moving to cash until you think the worst is past, you might want to think twice. Although it’s impossible to predict what stocks will do next, research shows that missing out on the best-performing days of the market — regardless of when the bad
Rolls-Royce Phantom Source: Rolls-Royce Phantom Sales of Rolls-Royces have fallen “pretty close to zero” in China because of the coronavirus, but the company sees early signs of possible recovery, the company’s CEO told CNBC. Rolls Royce said sales in China, its second largest market after the U.S., were hit especially hard as many parts of
Pedestrians walk past a Victoria’s Secret store, a subsidiary of L Brands, in New York. Craig Warga | Bloomberg | Getty Images L Brands reported earnings and sales for the holiday quarter that topped analysts’ expectations, as it prepares to take its Victoria’s Secret lingerie business private. Its shares were relatively unchanged in after-hours trading
A customer exits a Big Lots store in Clifton, New Jersey. Emile Wamsteker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Big Lots — Shares of Big Lots tumbled nearly 30% after the retailer posted a quarterly earnings miss. The company reported earnings per share of $2.39 in the