Samsung’s profit more than halves, missing expectations as chip business plunges 94%
Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty ImagesSamsung Electronics ...
Tag: business news
Divided Fed holds key interest rate steady, defying Trump’s demands for aggressive cuts
WASHINGTON – A divided Federal Reserve on Wednesday voted to keep its benchmark interest rate steady, despite a barrage of ...
Microsoft’s stock pops 7% on earnings beat as Azure annual revenue tops $75 billion
Microsoft CEO Satya Nadella speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, ...
DOJ drops charges against Fat Brands, chair Andy Wiederhorn
Andy Wiederhorn, former Fatburger CEO.CNBCThe Justice Department is dropping its case against Fat Brands and its chair Andy Wiederhorn.In May ...
Palo Alto Networks stock falls 8% after announcing $25 billion Cyberark deal
Palo Alto Networks will take over Israeli identity security provider CyberArk in a deal valued at roughly $25 billion.The California-based ...
Why it appears Washington is becoming friendlier toward crypto ETFs under Trump
Attitudes on Capitol Hill toward exchange-traded funds and cryptocurrency may be changing. Teucrium CEO and CIO Sal Gilbertie told CNBC's "ETF ...
South Korea’s LG Energy Solution signs $4.3 billion battery supply deal with undisclosed party
The logo of LG Electronics is seen on the opening day of the Integrated Systems Europe exhibition in Barcelona on ...
Tom Lee’s Granny Shots ETF rakes in $2 billion in AUM just 9 months after inception
Tom Lee, managing partner and the head of research at Fundstrat Global Advisors, speaks on CNBC's "The Exchange" on Oct. ...
Spotify drops 11% for worst day in two years on weak guidance
Daniel Ek, CEO and founder of Spotify.Andrew Burton | Getty ImagesSpotify shares dropped more than 11% Tuesday for their worst ...
CyberArk’s stock jumps on report Palo Alto Networks in talks to buy company for over $20 billion
Nikesh Arora, CEO of Palo Alto Networks, looks on during the closing bell at the Nasdaq Market in New York ...
