Consumers check out Huawei’s first HarmonyOS car, the Aito M5, at a store in Hangzhou, Zhejiang Province, on Jan. 3, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — The first electric car with Huawei’s HarmonyOS operating system is set to begin deliveries at a ceremony on Saturday in Shanghai, according to an
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The Samsung Galaxy Fold 5G phone is presented at the hall of Samsung at the IFA consumer tech fair in Berlin, Germany, September 6, 2019. Hannibal Hanschke | Reuters BARCELONA – The vast majority of new smartphones on display at this year’s Mobile World Congress — an event that tech giants use to showcase their
In this article VZ Verizon Communications CEO Hans Vestberg painted an optimistic future picture Thursday, telling CNBC’s Jim Cramer the telecom giant has “more growth opportunity than we’ve ever had before.” Vestberg’s comments in a “Mad Money” interview came after Verizon held an investor day earlier Thursday, during which it laid out its strategy for
An employee works on a Ford Motor Co. Super Duty Truck engine at the Ford Kentucky Truck Plant in Louisville, Kentucky, Sept. 30, 2016. Luke Sharrett | Bloomberg | Getty Images Ford Motor is once again cutting production of highly profitable trucks and SUVs due to an ongoing global shortage of semiconductor chips that has
Nearly all of Afterpay’s customers repaid their installments in 2021, Block CFO Amrita Ahuja told CNBC on Thursday when questioned about the Cash App parent’s acquisition of the buy-now, pay-later service. “What I will say about losses, is that the team has actually been incredibly deliberate in managing consumer losses as an input rather than
Loading chart… Desktop Metal: “No, we don’t need to do that. We have HP Inc. on earlier this week, and they are going to own the 3D industry and make money, so you need to be in HP Inc. Symbol HPQ.” Loading chart… Canada Goose: “It still sells at too high a multiple, and I
CNBC’s Jim Cramer on Thursday advised investors to consider Procter & Gamble as a potential buy to weather the turbulent market. “I’ve been telling you to stick with the market even in the face of some frightening developments over the past few weeks, but you need some cash and you need some conservative stocks,” the
In this article T Michael Keaton on the set of “Batman”. Getty Images (L) | Warner Bros. (R) On Friday, Batman returns to the box office. With Robert Pattinson donning the cowl, Warner Bros.’ “The Batman” is expected to exceed $100 million in ticket sales during its domestic debut and north of $225 million globally.
In this article SWBI SG AVGO Here are the stocks making notable moves in extended trading. Broadcom — The chip stock rose more than 3% in extended trading on Thursday after Broadcom beat estimates on the top and bottom lines for its fiscal first quarter. The company reported $8.39 of adjusted earnings per share, while
In this article MO BATS-GB A pack of Marlboro cigarettes. Daniel Acker | Bloomberg | Getty Images Rising prices at the gas pump will likely hurt cigarette demand as smokers have less cash to spend on impulse purchases while filling up, according to a new report from Barclays. The Russian war in Ukraine has driven
In this article RIVN R.J. Scaringe, Rivian’s CEO, introduces the world to his company’s R1T all-electric pickup and all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 2018. Mike Blake | Reuters Rivian Automotive quickly backtracked from a plan to increase prices on vehicles that had already been ordered
Portrait of American fantasy author Brandon Sanderson taken on June 3, 2011. Sfx Magazine | Future | Getty Images Brandon Sanderson asked folks on Kickstarter for $1 million to self-publish four novels he wrote during the pandemic. They funded him in 35 minutes. Two days later, Sanderson’s campaign has topped $19 million from more than