Qualcomm CEO Cristiano Amon told CNBC’s Jim Cramer on Thursday that the chipmaker views the so-called metaverse as much more than just the next frontier for social media. “The metaverse is going to develop as a number of different opportunities,” Amon said in an interview on “Mad Money,” appearing one day after the company’s posted
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In this article DGE-GB ABI-BE Anna Elias | Moment | Getty Images Premixed cocktails were the fastest-growing spirits category in 2021, stealing share from beer and hard seltzer. Sales of premixed cocktails surged 42.3% to $1.6 billion compared with a year earlier, according to the Distilled Spirits Council of the U.S. Ready-to-drink cocktails were second
A man with her protective face mask walks in Vellaces neighborhood after new restrictions came into force as Spain sees record daily coronavirus (Covid-19) cases, in Madrid, Spain on September 21, 2020. (Photo by Burak Anadolu Agency | Anadolu Agency | Getty Images One of the great mysteries that has emerged from the Covid-19 pandemic
Waste Management CEO and President Jim Fish on Wednesday expressed confidence in the company’s 2022 prospects, despite the continued presence of inflationary pressures. “Our guidance that we just gave for 2022 is pretty darned robust,” Fish said in an interview on “Mad Money,” referring to projected organic revenue growth of 6% and adjusted operating EBITDA
In this article AMC An AMC theatre is pictured in Times Square in the Manhattan borough of New York City, New York, June 2, 2021. Carlo Allegri | Reuters Movie theater chain AMC Entertainment plans to sell $500 million in bonds in a bid to pay down maturing debt and related fees, the company said
A healthcare worker administers a Covid-19 vaccine to a woman in Johannesburg, South Africa, December 04, 2021. Sumaya Hisham | Reuters Burundi, the Democratic Republic of Congo and Haiti are the least vaccinated countries in the world against Covid-19, data has shown. Just 0.05% of Burundi’s population has received at least one Covid vaccination dose,
Golar: “Golar is the play. Now, you have to understand, these are trades, sir. They go up and then they crater. There’s been some ones that have been involved in the shipping industry, periodically, they have incredible runs and then they’re done. You own this for a trade, not for an investment.” Corning Incorporated: “They
Employees of a funeral home and staff from Bucharest University Hospital morgue, all wearing personal protective equipment, prepare a COVID-19 victim for transport to a cemetery, in Bucharest, Romania, October 29, 2021. Inquam Photos | Reuters The ChristianaCare health system in Wilmington, Delaware, implemented “crisis standards of care” for the first time in its 130-year
Dover Corp.: “I liked the quarter. We’re looking for companies that make things and do stuff, but it does have some of these industrial problems that others have. I’m going to say you can hold onto it.” Perficient: “This is one of those companies that sells at 60 times earnings, and we have been saying
Silvergate Capital CEO Alan Lane told CNBC on Monday the bank holding company hopes to launch a stablecoin by the end of this year, following its acquisitions of assets and intellectual property from Mark Zuckerberg’s beleaguered cryptocurrency project. The California-based financial firm, which through its subsidiary Silvergate Bank operates the crypto-focused payments platform Silvergate Exchange
Workers are quitting their jobs in record numbers – part of what is now called The Great Resignation. Around 4 million workers have quit each month between July and November 2021. Erica Leman had maintained a side hustle as a wedding photographer for 12 years. Like millions of other Americans, Leman, who was working in
In this article MGM A Ladbrokes betting shop, operated by Entain Plc, in London, U.K., on Wednesday, Sept. 22, 2021. Chris J. Ratcliffe | Bloomberg | Getty Images In a crowded gambling landscape, technology increasingly gives operators an edge. Global sports betting and gaming company Entain said Monday it is launching Ennovate, an innovation lab