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Search resuls for: "Mandalay Bay Convention"


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Qualcomm Inc. President and CEO Cristiano Amon speaks during the company's press event for CES 2022 at the Mandalay Bay Convention Center on January 4, 2022 in Las Vegas, Nevada. The CEO of U.S. chip giant Qualcomm thinks artificial intelligence could give the smartphone market a fresh lease on life. "The [Snapdragon] Summit is going to be around incredible use cases that we're seeing from our OEMs [original equipment manufacturers] and phones and ... could create a new upgrade cycle for phones." Smartphone sales have depreciated this year as consumers have gotten a lot more cost-conscious. In 2022, global smartphone sales tumbled 11.3% year-over-year to 1.21 billion, the lowest level since 2013, according to data from market research firm IDC.
Persons: Cristiano Amon, CNBC's Arjun Kharpal, Amon Organizations: Qualcomm Inc, Mandalay Bay Convention, CES, Qualcomm, Summit, IDC Locations: Mandalay Bay, Las Vegas , Nevada
There were new twists on foldable devices, cars that changed colors and smart ovens that live streamed dinners. Patrick T. Fallon/AFP/Getty ImagesBMW unveiled a wild color-changing concept car with 260 e-panels that can change up to 32 colors. During a demo, different parts of the car, including the wheel covers, flashed in varying hues and swirls of colors. A new look for foldable phonesSamsung's Flex Hybrid Display concept folds and slides SamsungSome companies offered a new twist on the foldable phone concept. The lock, which will cost $300, will be available for purchase late this spring, according to a company press release.
Earnings are a bit more subdued this week, but a number of Club stocks are in the news for other reasons. Here's our take on four headlines and whether they impact our investment thesis for each company. Meta Platforms The news: Meta Platforms (META) said Tuesday it successfully raised $10 billion in its first-ever corporate bond deal. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
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