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14

JetBlue shares tumble 9% after airline lowers 2024 revenue outlook

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JetBlue said second-quarter revenue would likely drop as much as 10.5% on the year.

Apple iPhone sales drop 19% in China as demand for Huawei smartphones soars, research says

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Apple saw sales of its iPhones fall 19.1% in the first three months of the year, according to data from Counterpoint Research.

13

General Motors raises 2024 guidance after big first-quarter earnings beat

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GM's North American operations, driven by truck sales, were largely responsible for the company's first-quarter beat and guidance raise, the automaker said.

World’s largest wealth fund says there’s ‘clearly a lot of froth’ in the tech sector right now

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The chief executive of Norway's gigantic sovereign wealth fund on Tuesday said there is "clearly a lot of froth" in the tech sector.

PepsiCo earnings beat estimates as international demand boosts sales

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PepsiCo's volume and sales growth were better in most international markets than in its North America markets.

12

Germany arrests EU Parliament staff member on China espionage charges

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A German man was arrested for allegedly sharing information from the European Parliament with the China's secret service, the federal prosecutor’s office said.

10

Drugmaker Novartis climbs 4.4% after guidance rise on sales of blockbuster drugs

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Shares of Swiss drugmaker Novartis climbed as much as 4.8% in early deals Tuesday after it raised its full-year guidance following better-than-expected first-quarter results.

U.S. ambassador insists security pact with Australia, U.K. won't spur a nuclear arms race

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The AUKUS alliance was forged in 2021 to address shared regional concerns about China's rising power.

SoftBank will reportedly invest nearly $1 billion in AI push, tapping Nvidia's chips

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SoftBank will invest $960 million by 2025 to bolster its computing facilities in preparation for its own generative intelligence model.

China's 'Netflix' iQiyi pivots toward an aging population in an AI era

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IQiyi founder Gong Yu also pointed to estimates that predict about one-fourth of China's population will be considered elderly in 2033.

08

India is a key chip design market, Qualcomm says, as Modi makes semiconductor push

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Qualcomm is already designing chips in India, Qualcomm India's president Savi Soin said in an exclusive interview.

07

India's high unemployment is a 'ticking bomb,' opposition says, as election battle with Modi's BJP heats up

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India's youth make up 83% of the unemployed population, according to an ILO report, but government as well as ILO data shows a decline in joblessness in the past few years.

06

Shares of Chinese bubble tea firm Chabaidao plunge nearly 40% in Hong Kong debut

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The company saw its share price plunge to as low as HK$10.84, representing a fall of 38.05% from its IPO price of HK$17.50

03

High global food prices may finally see a bottom in 2024, says Oxford Economics

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According to Oxford Economics, global food prices are expected to decline in 2024, offering some relief for shoppers.

Cramer points to positives in Monday's rebound, but warns against lasting gains

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Big Tech companies Tesla, Meta Platforms, Microsoft and Alphabet are scheduled to report their earnings this week.

01

UnitedHealth paid ransom to bad actors, says patient data was compromised in Change Healthcare cyberattack

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UnitedHealth Group on Monday said it paid ransom to cyberthreat actors to try and protect patient data.

Billionaire donors rethink Columbia University support amid pro-Palestinian protests

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Columbia students set up a tent encampment to protest Israel's bombardment of Gaza.

Monday, Apr 22

00

Oracle met with Senate aides about TikTok data storage after House ban passed

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Oracle and TikTok have a corporate partnership called Project Texas that allows U.S. user data to be stored on Oracle's cloud.

Tech's earnings bonanza this week shines spotlight on growing troubles at Tesla, Google

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This quarter's earnings reports from the U.S. tech giants coincide with a mountain of drama that the companies are facing.

Boeing expects slower production increase of 787 Dreamliner because of parts shortages

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Boeing reports quarterly results before the market opens on Wednesday.

FTC sues to block Coach parent Tapestry's acquisition of Capri Holdings

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The FTC argued the combination of Tapesty and Capri would hurt consumers and workers.

23

Activist investor Jana discloses 'significant' stake in Wolfspeed, urges semiconductor manufacturer to consider sale

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Activist investor Jana Partners has built a "significant" position in semiconductor firm Wolfspeed, according to a letter to Wolfspeed's board viewed by CNBC.

A major headwind for TikTok could be the ultimate tailwind for Meta's Facebook and Instagram

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A TikTok ban in the U.S. would be the latest reason to stay invested in Club holding Meta Platforms after a year-and-half of strong stock gains.

22

This small town in France is selling a house for 1 euro—applications are open, but there's a catch

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The French town of Saint-Amand-Montrond estimates that renovating the property will cost around $136,180 USD.

High-speed rail system from Las Vegas to Southern California breaks ground

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Brightline West aims to be operational in 2028, when Los Angles hosts the Summer Olympics.

Here's what to know before withdrawing funds from inherited individual retirement accounts

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If you've inherited an individual retirement account since 2020, you could have a shorter timeline to withdraw the money, which can trigger tax consequences.

Bitcoin's next gen tokens are here. Inside the Silicon Valley hacker house where 17 coders helped build the new memecoin market

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Bitcoin coders at popup hackathon prepared for big launches on blockchain after the halving, and a cryptocurrency market now valued at over $2.4 trillion.

Ford shares surge on Tesla's EV price cuts as the legacy automaker falls back on its roots

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Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Tesla shares slide to 15-month low ahead of earnings, as Wall Street frets over price cuts, layoffs

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Tesla's stock dropped for a seventh straight day on Monday, ahead of a highly anticipated earnings report from the electric vehicle company.

21

Donald Trump set to receive $1.25 billion worth of Trump Media stock in DJT earnout bonus

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Former President Donald Trump is already the majority shareholder in Trump Media, which trades under the ticker DJT.