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Finance
TSMC beats first-quarter revenue and profit expectations on strong AI chip demand
A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP)Amber…
Elon Musk says in email that Tesla sent ‘incorrectly low’ severance packages to some laid-off employees
Elon Musk, Chief Executive Officer of Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de…
Google terminates 28 employees after multi-city protests: Read the full memo
Google terminated 28 employees Wednesday, according to an internal memo viewed by CNBC, after a series of protests against labor conditions and the company's contract to provide…
Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation
Federal Reserve Chair Jerome Powell speaks during a press conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy at the Federal…
Cramer explains what could cause the market to keep going down
After the major indexes pulled back on Wednesday, CNBC's Jim Cramer explained what might cause the market to continue to decline. He also advised investors not to buy or sell all…
Stocks making the biggest moves midday: United Airlines, Travelers, Abbott Laboratories and more
Check out the companies making headlines in midday trading. United Airlines — Shares surged 17.5% after the airline posted a narrower-than-expected loss in the first quarter.…
Google workers arrested after nine-hour protest in cloud chief’s office
Nine Google workers were arrested on trespassing charges Tuesday night after staging a sit-in at the company's offices in New York and Sunnyvale, California, including a protest in…
Stocks making the biggest moves after hours: CSX, Equifax and more
Check out the companies making headlines in extended trading. CSX — The rail transport and real estate stock ticked up about 1% after CSX beat Wall Street estimates on the top and…
Google restructures finance team as part of AI shift, CFO tells employees in memo
Alphabet Chief Financial Officer Ruth Porat.Adam Galica | CNBCAlphabet Chief Financial Officer Ruth Porat said in a memo Wednesday that Google is restructuring its finance…
The S&P 500’s recent slump feels worse than it is. Here’s some market perspective
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We're…