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☆ Rep. Marjorie Taylor Greene blasts Speaker Mike Johnson, says will wait on potential move to vacate
▼ + stars: | 2024-04-20 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +1 min

Rep. Marjorie Taylor Greene, R-Ga., leaves the U.S. Capitol after filing a motion to vacate Speaker of the House Mike Johnson, R-La., from his post on Friday, March 22, 2024. Rep. Marjorie Taylor Greene says she will let her fellow House Republicans hear from their constituents before deciding whether to move forward with a vote to remove Speaker Mike Johnson. "I do not support Mike Johnson, he's already a lame duck," Greene told reporters. Greene filed a motion for a vote to force Johnson to vacate the Speaker position in March, but no further action has been taken since then. Speaker Johnson, who spoke to reporters after the votes as well, voiced a similar sentiment.

Persons: Marjorie Taylor Greene, Mike Johnson, Greene, China's ByteDance, Johnson, he's, Chuck Schumer, Joe Biden, — CNBC's Rebecca Picciotto Organizations: U.S, Capitol, CNN, Senate Locations: Taiwan, Ukraine, Israel

A general view of Super Bowl signage displayed in the NFL Super Bowl Experience ahead of Super Bowl LVIII on February 06, 2024 in Las Vegas, Nevada. Super Bowl 58 kicks off at 6:30 p.m. The Super Bowl is advertising's biggest stage, with companies jockeying for a limited supply of spots to get their products in front of millions of consumers. Even as linear ad revenue slips, companies know there's no opportunity guaranteed to reach more people than the Super Bowl. — Amelia Lucas, Michael Wayland, Micah Washington, Gabrielle Fonrouge, Lorie Konish, Drew Richardson and Jordan Novet contributed to CNBC's Super Bowl coverage.

Persons: Bob Iger, Jason Momoa, Quinta Brunson, Jenna Ortega, Tina Fey, Kate McKinnon, Pete Davidson, Addison Rae, Usher, — Amelia Lucas, Michael Wayland, Micah Washington, Gabrielle Fonrouge, Lorie Konish, Drew Richardson, Jordan Novet Organizations: NFL, Super, AFC, Kansas City Chiefs, NFC, San Francisco 49ers, Disney, CBS Locations: Las Vegas , Nevada, Las Vegas, U.S

☆ Apple reportedly plans big overhaul to iPad family to make it less confusing
▼ + stars: | 2023-12-11 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +1 min

Apple will overhaul its iPad family next year to make it less confusing for customers and to recharge slumping sales, according to Bloomberg. New versions of the iPad Pro and iPad Air are reportedly coming as soon as March. Apple reportedly wants to make it easier to differentiate between the iPad models and also plans big upgrades. Apple currently sells two sizes of the iPad Pro, the iPad Air, the 10th generation iPad, the ninth generation iPad and the iPad mini. The upcoming changes to the iPad Pro reportedly include a better screen, the M3 chip, a new design and a new Magic Keyboard attachment that only works with iPad Pros.

Persons: Read Organizations: Apple, Bloomberg, iPad, Air

☆ Broadcom stock spikes to new yearlong high
▼ + stars: | 2023-12-11 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +1 min

Broadcom shares jumped 9% Monday after Citigroup resumed its coverage of the stock with a buy rating and updated its price target to $1,100. Broadcom bought VMware in November to bolster its cloud technology infrastructure that it sells to other businesses. Citigroup's bullishness is largely because it believes Broadcom is well-positioned to earn money from the AI boom. "We expect sales from AI infrastructure to double from $4 billion in F23 (11% of F23 sales) to over $8 billion in F24 (17% in F24 sales)," the analysts wrote. Broadcom reported solid earnings for its fiscal fourth quarter last Thursday, which gave its shares a 2.4% boost to $944.30 at Friday's market close.

Persons: it's, bullishness, — CNBC's Michael Bloom Organizations: Broadcom, Citigroup, VMware, Google, Comcast, Nvidia

☆ California YouTuber sentenced to prison after intentionally crashing plane
▼ + stars: | 2023-12-05 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

A California man was sentenced to six months in federal prison on Monday for allegedly lying to federal authorities when they were investigating an airplane he intentionally crashed to make a YouTube video. The man, former Olympic snowboarder Trevor Daniel Jacob, filmed the YouTube video stunt to promote a wallet from a company that sponsored him, according to the plea agreement filed in the Central District of California. He pled guilty to destruction and concealment of a tangible object with intent to obstruct a federal investigation. Jacob took off on a solo flight on Nov. 24, 2021, in Santa Barbara County, California, and parachuted out of the plane with a video camera and selfie stick. Jacob allegedly agreed to inform the NTSB of the location, but lied multiple times when investigators asked over the next two months.

Persons: Trevor Daniel Jacob, Jacob Organizations: Olympic, YouTube, Central District of, Los Padres National Forest, National Transportation Safety Board, NTSB, U.S . Department of Transportation's, Federal Aviation Administration, U.S, Attorney's, CNBC PRO Locations: California, Central District, Central District of California, Santa Barbara County , California, Los, Santa Maria , California

☆ How to send a digital gift card on Amazon, Venmo or Cash App
▼ + stars: | 2023-12-05 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +1 min

It's easy to give a digital gift card that can save you in a pinch. Many of the popular money transfer services let you send cash to anyone you choose. You can use those platforms to send a digital gift card for popular vendors such as Starbucks , Lululemon and Nordstrom . Instead of sending $20 in cash on PayPal -owned Venmo, I sent him a $20 Chipotle gift card through Venmo. Here's how to send a digital gift card if you feel the same way.

Organizations: Nordstrom, Bank of America, PayPal

☆ UiPath stock spikes more than 20% after earnings beat, generative AI integration
▼ + stars: | 2023-12-01 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

Co-founder and CEO of UiPath Daniel Dines speaks on stage at TechCrunch Disrupt Berlin 2019 at Arena Berlin in Berlin on Dec. 12, 2019. UiPath stock popped more than 20% on Friday, one day after the company released quarterly earnings that beat Wall Street's top- and bottom-line expectations. UiPath also raised its fourth-quarter and full-year fiscal 2024 outlook for annual recurring revenue. For companies like UiPath that are reliant on subscriptions, annual recurring revenue is an important metric that reveals how much money a company receives on a recurring basis. "The weaving of Generative AI into its broadened automation platform, is driving strong adoption amongst enterprises," the analysts wrote.

Persons: UiPath Daniel Dines, UiPath, Davidson, — CNBC's Michael Bloom Organizations: TechCrunch, Berlin, Bank of America, CNBC PRO Locations: Berlin

☆ Google Maps changed colors and some people are upset, including a former designer
▼ + stars: | 2023-11-29 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

Google Maps' old look and new updated design are shown side by side. "It feels colder, less accurate and less human," former Google Maps designer Elizabeth Laraki wrote on X, formerly known as Twitter, last week. Her post also highlighted ways she believed Google Maps could clean up its user interface. Laraki also said that it felt "more similar to Apple Maps coloring than Google Maps coloring." "We're always thinking about how to make Google Maps more accurately reflect the real world.

Persons: Elizabeth Laraki, Laraki Organizations: Google, Parks, Twitter, CNBC, CNBC PRO

Sam Altman's sudden ouster from OpenAI on Friday shocked Silicon Valley. From the outside, there were some signs of technological challenges at OpenAI, but no indications that tensions were emerging in the boardroom and the C-suite. In a statement on its website, OpenAI said, "The board no longer has confidence in his ability to continue leading OpenAI." If you followed Altman for the past two weeks, you would've seen an industry leader in the center of the action. Here's an abbreviated timeline of the days leading up to Altman's departure:

Persons: Sam Altman's, Altman, ChatGPT chatbot, OpenAI, Steve Jobs, Mira Murati Organizations: Microsoft, CNBC Locations: OpenAI, Silicon

☆ You can now use AI in Google to help with your holiday shopping. Here's how
▼ + stars: | 2023-11-16 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

Google announced Thursday new artificial intelligence tools that can help you with holiday shopping. So, if you're shopping for a 4-year-old nephew this year, it can help you find ideas on what he might like with a command like "gifts for a 4-year-old who likes science." It's the first time that generative artificial intelligence is available in Google Shopping, and comes ahead of the holiday season which might attract people to use the site over other options. People can opt into the new options by going into Search Labs and turning on Search Generative Experiences (SGE.) So, if you wanted to search for a "puffy, colorful metallic-looking jacket" it might return results like the picture below:

Persons: King, King of Prussia Organizations: Google, National Retail Federation, Search Labs Locations: Prussia, King, King of Prussia , Pennsylvania

☆ Mom and pop shops are cutting software spending, creating jitters on Wall Street
▼ + stars: | 2023-11-16 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +9 min

Joe Coffee founders Nick and Brenden Martin Joe CoffeeWall Street is on edge. Over the past two decades, small businesses have accounted for 40% of U.S. gross domestic product, according to the Chamber of Commerce. "If America is really built on the backbone of small business owners, why are they the ones that never catch the break?" In 2021, Joe Coffee, which now has 17 employees, created a full software and payments suite for coffee shops. WATCH: Xero will remain focused on core segments such as small businesses

Persons: PAYC ZI, Nick Martin, Joe Coffee, Martin, Joe Coffee's, aren't, Bill, Nick, Brenden Martin Joe Coffee, John Rettig, Cameron Hyzer, Yamini Rangan, Rangan, Bill didn't, Jake Dollarhide, Martins, Brenden Martin, Nick's, Brenden, Zhang Peng, they'd, Taylor McGinnis, ZoomInfo, we've, Bryan Keane Organizations: Starbucks, CNBC, Bill Holdings, Bureau of Labor Statistics, Joe, Nasdaq, Chamber of Commerce, Longbow Asset Management, Microsoft, Coffee Fest, UBS, Deutsche Bank Locations: Seattle, Paycom, West Richland , Washington, Coffee, Los Angeles

☆ Cisco stock falls 12%, on pace for worst day in over a year
▼ + stars: | 2023-11-16 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

Cisco shares slid 12% Thursday morning, putting shares on pace for the worst day since May 19, 2022 when the stock slipped 13.7%. The fall comes a day after the company reported its quarterly earnings that beat on the top and bottom lines but gave weaker-than-expected revenue guidance for the fiscal second quarter. The company cited a slowdown in orders as customers deployed Cisco products they had purchased in recent quarters. Cisco posted adjusted earnings per share of $1.11, beating the $1.03 LSEG (formerly Refinitiv) estimate. Bank of America analysts said that "the 20% decline in product orders has driven a 6% down swing in FY24 revenue guidance, or a $3.2bn cut."

Persons: Chuck Robbins, LSEG, Goldman Sachs, CNBC's Jordan Novet, Michael Bloom Organizations: Cisco, Bank of America Locations: 3Q23

☆ How to use Google Maps to decide when to leave for Thanksgiving
▼ + stars: | 2023-11-15 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

The new updates will start to roll out in the next few weeks, according to the company's blog post. More than 1 billion people use Google Maps every month and Google has made concerted efforts to continually update the service to make travel easier. These holiday tools are Google Maps' second batch of updates in the last month. Google Maps is also allowing for more discourse within their content review. Google Maps says it's an effort to help its users "make a more informed decision," and that rollout begins now.

Organizations: Google, Shoppers

☆ How to use your Apple Watch to calculate the tip and split a check at a restaurant
▼ + stars: | 2023-11-13 | by ( Jake Piazza | In | ) www.cnbc.com time to read: 1 min

Your Apple Watch can help you calculate the tip and split a check at a restaurant with just a few taps. The feature is built right into the calculator app, and all you need to do is enter the amount of the check, the percentage you want to tip and the number of people with whom you'd like to split the bill. It's just a small example of how Apple works to make the Apple Watch ingrained into people's daily routines. Apple's wearable revenue, which includes the watch and AirPods, was its third-highest selling category behind the iPhone and Services in its most recent earnings, generating $9.32 billion in sales. Give this a try the next time you're at a restaurant and don't want to do the mental math of splitting between a big group.

Persons: It's Organizations: Apple, Services

☆ Shares of ed-tech company 2U plummet almost 60%, falling below $1 on Nasdaq
▼ + stars: | 2023-11-10 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +3 min

Shares of online education company 2U plummeted about 60% Friday, falling below $1, after a problematic forecast and indications that some universities are terminating their contracts. 2U, which helps companies offer digital programs to students, posted a net loss of $47.4 million for the third quarter. Its adjusted loss of 15 cents per share was wider than the 13 cent loss analysts were expecting, according to LSEG, formerly known as Refinitiv. Some companies undergo a reverse stock split to boost the share price above $1, though that does nothing to fix their financial problems. Office-sharing company WeWork filed for bankruptcy this week, after declaring a 1-for-40 reverse split in August that was meant to try and retain its NYSE listing.

Persons: Christopher Paucek, they've, Paucek, Cantor Fitzgerald, Cantor, Bird, WeWork Organizations: University of Southern, USC, Nasdaq, New York Stock Exchange, NYSE Locations: University of Southern California

☆ Trade Desk shares fall 19% on lower guidance
▼ + stars: | 2023-11-10 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

Shares of digital ad company The Trade Desk fell 19% Friday morning, a day after the company reported third-quarter results and issued weak revenue guidance. Analysts keyed in on the likelihood of softer ad spending in the December quarter. The Trade Desk is one of many companies that have cited weaker ad spending as a reason to exercise caution or temper expectations for the fourth quarter. Meta , Pinterest and Snap all expressed concern over disrupted ad spending due to the Israel-Hamas war. Wolfe Research analysts are concerned over the sustainability of The Trade Desk's growth in connected TV, which is a significant contributor to the company's revenue.

Persons: Wolfe, Needham, Jonathan Vanian, Michael Bloom Organizations: Trade, Wolfe Research, CTV, Needham Locations: Israel

☆ How to save money on holiday travel by tracking flight prices with Google
▼ + stars: | 2023-11-09 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +1 min

Google can help you save money ahead of the holiday travel season. You can follow the price of airfare with Google Flights for a trip you're interested in and receive alerts if the price changes. The tool can save you hundreds of dollars and prevents you from having to constantly look up ticket prices. Better yet, you can set Google Flights to monitor airfare prices weeks or months before you actually need to book your travel. For example, if you're considering holiday travel but only want to buy tickets at a specific price, turn the tracker on and you'll get an alert if the price of a flight dips to meet your budget.

Persons: I've, you'll Organizations: United, JetBlue, Laguardia Airport, Google Locations: Queens, New York City

☆ Why this tech is better than passwords, and how to switch
▼ + stars: | 2023-11-07 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

There's a safer way to log in to apps and websites that removes the need to use passwords. The move toward passkeys comes as our digital privacy gets harder to protect, particularly as people need to remember more and more passwords. A recent Pew Research survey showed that almost 70% of Americans are stressed about the number of passwords they need to remember. Bottom line: Passkeys are better than passwords at protecting your personal information. I created the passkeys using my iPhone, but you can do it from a computer or Android phone by following similar steps.

Persons: passkeys, Jacob Hoffman, Andrews, Hoffman, Steve Won Organizations: Microsoft, Apple, Google, Pew Research, Electronic Frontier Foundation, CNBC

☆ DoorDash shares jump 16% on guidance, narrowing net loss
▼ + stars: | 2023-11-02 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

DoorDash shares jumped over 16% Thursday, a day after the company beat Wall Street's top- and bottom-line expectations. The company reported $2.2 billion in revenue, ahead of the $2.1 billion analysts were expecting, according to LSEG, formerly known as Refinitiv. It posted a loss per share of 19 cents, beating the consensus expectation of a loss per share of 40 cents. DoorDash reported a net loss of $73 million, an improvement from the $295 million net loss, or a loss of 77 cents per share, it reported in the year-ago quarter. DoorDash also reported 543 million total orders, up 24% year over year from 439 million orders, though that's down from the 27% growth in the year-ago quarter.

Persons: Tony Xu, DoorDash, Wall, Xu, haven't Organizations: DoorDash Inc, Street, Tech, JPMorgan, U.S ., CNBC PRO Locations: Laguna Beach , California, U.S

☆ You can control your iPhone without using your hands. Here's how
▼ + stars: | 2023-11-02 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +4 min

The feature, called Voice Control, is one of the iPhone's accessibility tools, and though Siri can perform many hands-free duties, there are ways Voice Control can go even further. You can say "Show numbers" once Voice Control is turned on to make your screen look like this. Select Voice Control. I recommend reading through the Voice Control guide, which is right below the green dot. If you do use Voice Control to type, try doing so by moving your cursor to a text box and saying the words out loud.

Persons: Siri, it'd, Hey Siri, Todd Organizations: Grove Apple, Command, Control, Voice Control, Apple, Food, Google, ESPN, Voice Command, Control . Press, CNBC PRO Locations: Los Angeles

☆ AMD stock jumps more than 8% on strong 2024 AI chip projections
▼ + stars: | 2023-11-01 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

AMD stock spiked more than 8% Wednesday, a day after the company beat top and bottom-line earnings estimates and gave a promising 2024 forecast for its AI chip business. The chipmaker posted an earnings per share of 70 cents, adjusted, narrowly beating the LSEG, formerly Refinitiv, estimate of 68 cents per share. Wall Street analysts like AMD's prospects in the AI market, which is currently dominated by Nvidia . Still, AMD is one of only a handful of companies capable of making high-powered graphics processing units (GPUs) that power AI models. Analysts at Raymond James lowered their price target from $145 to $125 but kept AMD as a "strong buy" largely due to its AI business.

Persons: Lisa Su, Raymond James, Jeffries, CNBC's Kif Leswing, Michael Bloom Organizations: Devices Inc, AMD, Revenue, Wall Street, Nvidia, Bank of America Locations: San Francisco , California, U.S, Q4E, CY24E, 1Q24

☆ Match Group stock plunges after decline in people paying for Tinder
▼ + stars: | 2023-11-01 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

Match Group , the parent company of dating apps Tinder and Hinge, is trading at its lowest price since it spun out into a separate company from IAC in July 2020. Analysts expressed concern about lower fourth-quarter revenue projections and a falling number of people paying for Tinder. "Beyond the guide, we suspect a key area of scrutiny will be around trends in Tinder payers. This metric was down 6% y/ y in 3Q (in line with guidance) – but MTCH called out a ~200K sequential headwind in 4Q as weekly subscribers churn out of the system." Match also agreed to use Google's User Choice Billing by March 31, 2024, which will oblige Match to pay a cut of subscription fees to Google.

Persons: MTCH, Bumble Organizations: IAC, LSEG, Tinder, JPMorgan, Equity Research, Google, Deutsche Bank, CNBC PRO Locations: 4Q

☆ Pinterest stock rockets 18% after earnings beat, advertising outlook
▼ + stars: | 2023-10-31 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +3 min

Pinterest stock rose more than 18% Tuesday after beating earnings estimates for the third quarter and assuaging concerns over potential ad revenue loss due to the Israel-Hamas war. The company posted an adjusted earnings per share of 28 cents, beating the LSEG estimate of 20 cents. Pinterest also soundly beat revenue expectations, reporting $763.2 million, versus analysts' estimates of $743.5 million. For much of earnings season, the market has been skittish toward companies reliant on ad revenue due to the unclear future effects of the Israel-Hamas war. Pinterest's mobile deep linking ad product was also a highlight, due to its more than 200% increase in the conversion rate, wrote the Barclays analysts.

Persons: Pinterest, Susan Li, Bill Ready, Gen, Morgan Stanley, Jonathan Vanian Organizations: Meta, Barclays, Citi, Pinterest, Shop, CNBC Locations: Israel

☆ Use this hidden Google feature to detect and delete your personal information in search
▼ + stars: | 2023-10-28 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +1 min

If you Google your name, address or phone number, you might be surprised by the number of results you see with your personal information. There's a hidden feature in Google that will alert you when it finds these results, though, allowing you to remove them. Instead, this feature proactively searches for your phone number, email and home address and will alert you when it finds something. Then, you can just tell Google to delete it from search results. Note: Google doesn't remove your information from the internet, but it scrubs it from Google Search and makes it harder for people to find.

Persons: Microsoft's Bing Organizations: Google, Yahoo

☆ Intel pops 10% after earnings beat shows progress toward $3 billion in cost savings
▼ + stars: | 2023-10-27 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +3 min

Intel stock jumped 10% on Friday morning after the company beat Wall Street expectations for profit and sales. It posted $14.16 billion in revenue for the quarter, ahead of analyst expectations of $13.53 billion, but down 8% from the year-ago quarter. Intel is also on track to hit its goal of $3 billion in savings for the year, according to CEO Pat Gelsinger. JPMorgan analysts praised the savings in an investor note. "The team is also executing well against its cost saving initiatives and indicated that they are on track with their plans for $3B in savings to COGS/Opex in 2023," JPMorgan analysts wrote.

Persons: Intel's premarket, Goldman Sachs, Morgan Stanley, Pat Gelsinger, Intel's, —, Leswing, Michael Bloom Organizations: Intel, Nvidia, Arm, JPMorgan, CNBC

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