Business

The latest business news, market analysis, and financial advice.

Cramer says investors should not get caught up in ‘gloom’

Barbara Terrio

CNBC’s Jim Cramer on Tuesday told investors not to let their perception of stocks be clouded by “gloom,” encouraging them ...

Intel Stock Slips as CFO Warns of Excess Data Center Chip Inventories

Barbara Terrio

Text size Intel says the recovery in the data center business is more delayed than that of the PC processor ...

US housing starts hit three-year low; surge in permits point to underlying strength

Barbara Terrio

Single-family housing starts drop 4.3% in August Single-family building permits increase 2.0% Overall housing starts plunge 11.3%; permits up 6.9% ...

Instacart stock begins trading on Nasdaq

Barbara Terrio

Instacart (CART) stock began trading on Tuesday, opening at $42 per share on the Nasdaq. The grocery delivery app had ...

Supply of Clorox Wipes Could Be Affected After Cyberattack

Barbara Terrio

A new market disruption is coming to grocery store shelves. In the coming weeks, just as flu season gets underway, ...

Nio Offers $1B in Convertible Bonds, and ADRs Drop

Barbara Terrio

Key Takeaways Nio announced it will offer $1 billion in convertible bonds to come due in 2029 and 2030. The ...

Hundreds of flying taxis to be built in Ohio, governor announces

Barbara Terrio

Officials said the project will bring 2,000 jobs to the area. September 18, 2023, 9:34 PM ET • 4 min ...

NIO’s Stock Is Falling. It’s the Latest EV Maker to Offer Convertible Bonds.

Barbara Terrio

Text size Convertible-bond offerings such as NIO’s can dilute the stakes of existing shareholders. Nicolas Asfouri/FP via Getty Images Chinese ...

Google launches last-ditch effort to overturn $2.6 bln EU antitrust fine

Barbara Terrio

A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. ...

Disney, NIO, U.S. Steel, Block, AutoZone, Rocket Lab, and More Market Movers

Barbara Terrio

Text size Disney plans to nearly double its investment in its parks, experiences and products segment over the next decade. ...