Big Tech earnings on tap
Privately held companies have been left to develop AI technology at breakneck speed, giving rise to systems like Microsoft-backed OpenAI’s ChatGPT and Google’s Bard. Lionel Bonaventure | AFP | Getty …
DR Horton Inc
Big Tech earnings loom large
A slogan related to Artificial Intelligence (AI) is displayed on a screen in Intel pavilion, during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16, …
What recession? The U.S. economy grew at rapid pace
US President Joe Biden visits Emmaus Run Inn in Emmaus, Pennsylvania, on January 12, 2024. Biden is visiting several small businesses to tout his Bidenomics economic plan. Mandel Ngan | …
What recession? The U.S. economy kept growing
U.S. President Joe Biden speaks with workers while visiting CS Wind, the largest wind tower manufacturer in the world, in Pueblo, Colorado, U.S., November 29, 2023. Andrew Caballero-Reynolds | AFP …
All eyes on U.S. fourth-quarter GDP
A customer visits a supermarket in San Mateo, California, on Dec. 12, 2023. Li Jianguo | Xinhua News Agency | Getty Images This report is from today’s CNBC Daily Open, …
Mixed earnings season suggests Fed’s next move is uncertain
CNBC’s Jim Cramer suggested an uneven start to earnings season makes the Federal Reserve’s March decision on interest rates hard to predict. “When you’re on the battlefield, the fog of …
Procter & Gamble, Tesla, Lockheed Martin earnings
CNBC’s Jim Cramer on Friday told investors to gear up for a “fast and furious” slew of earnings reports next week that could lead to some profit-taking, including Procter & …
Cramer is optimistic coming out of earnings season
CNBC’s Jim Cramer on Tuesday gave his take on earnings as the season draws to a close, saying that sectors as a whole managed to perform fairly well. Rather than …
Housing market is painful, ugly, anxious with 8% high rate
Today’s housing market is a toxic mix of high mortgage rates, high prices, tight supply and strangely strong pent-up demand — and it’s scaring off buyers and sellers alike. Prices …
30-year fixed mortgage rate just hit 8% for the first time since 2000
JB Reed | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage rate hit 8% Wednesday morning, according to Mortgage News Daily. That is the highest …