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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHigher coffee prices are likely episodic, says Wedbush's Nick SetyanNick Setyan, Wedbush Securities managing director, joins CNBC's 'Power Lunch' to discuss how coffee's high trading price is impacting coffee chains, where Starbucks and Dutch Bros have advantages, and more.
Persons: Nick Setyan Nick Setyan Organizations: Wedbush Securities, Starbucks, Dutch Bros
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMight be a 'little while' before Dutch Bros. expands to the Northeast U.S., says CEO BaroneDutch Bros. President and CEO Christine Barone joins 'Mad Money' host Jim Cramerto talk quarterly results, consumer trends and more.
Persons: Barone Dutch, Christine Barone, Jim Cramerto Organizations: Bros, Barone Dutch Bros Locations: Northeast U.S
Dutch Bros. CEO Christine Barone described the coffee chain's cross-country expansion plans in a Friday interview with CNBC's Jim Cramer, saying it may be some time before the Oregon-based company opens stores in the Northeast region. "We're really growing in a contiguous way, so that we're growing across states that are next to each other," Barone said. Dutch Bros. operates in 18 states on the West Coast and in the South, including in California, Arizona and Texas. The company made its market debut in 2021, and the stock is currently up 48.97% year-to-date. It reported a solid quarter Wednesday night that sent shares surging more than 28% Thursday, and they continued to climb during Friday's session, closing up more than 5%.
Persons: Christine Barone, CNBC's Jim Cramer, " Barone, it'll Organizations: Bros Locations: Oregon, Northeast, Florida, West, California , Arizona, Texas
Maansi Srivastava for NBC NewsMaansi Srivastava for NBC NewsTrump embraced that narrative in his victory speech in Florida early Wednesday. About 80% of white evangelicals backed Trump in Tuesday’s election, the NBC News Exit Poll shows. During his first term in office, Trump and his staff welcomed Christian leaders, including Sheets, to the White House. Julia Demaree Nikhinson / APJohnson and others who shared that worldview were on hand for Trump’s victory speech at a convention center in West Palm Beach, Florida. Around 3 a.m., he recorded as those gathered to celebrate Trump’s victory began to sing a classic Christian hymn.
Persons: Donald Trump’s, Lance Wallnau, Donald Trump, Carlos Bernate, , Wallnau, ” Trump, “ You’re, Trump, God, Maansi Srivastava, NBC News Maansi Srivastava, Silvia Barnaby, Britney Barnaby, Matthew Taylor, Taylor, Christian Trump, ” Taylor, Dutch Sheets, NBC News Sheets, ” Sheets, Mike Johnson, Julia Demaree Nikhinson, Johnson, Sean Feucht, Feucht Organizations: America, NBC, Trump, NBC News, NBC News Trump, White, Institute, Islamic, Jewish Studies, Christian Trump loyalists, U.S . Capitol, Dutch, Christian, Wade, Republican, Facebook Locations: America, Washington, Florida, Tuesday’s, Maryland, Virginia Beach, Va, Roe, Louisiana, West Palm Beach, Fla, West Palm Beach , Florida, Christian
CNN —Israeli soccer fans were attacked in a “serious incident of violence in Amsterdam” overnight into Friday, Israeli authorities said, with the government saying it was sending planes to evacuate affected citizens. Social media video shared by the embassy showed videos of what it said was violence against Maccabi fans. Israeli foreign minister Gideon Sa’ar said 10 citizens were injured and advised citizens to stay in their hotels. Maccabi fans had been in the Dutch capital ahead of Thursday night’s Europa League game against Ajax. The police also said a demonstration was planned on Thursday near the stadium ahead of the soccer match between Ajax and Maccabi Tel Aviv.
Persons: Gideon Sa’ar, ” Sa’ar, Benjamin Netanyahu, , Organizations: CNN, Israel’s Maccabi Tel Aviv soccer team, Europa League, Dutch, Ajax, Maccabi fans, Maccabi, Palestinian, Maccabi Tel Locations: Amsterdam ”, United States, , Maccabi Tel Aviv
Adyen reported a big miss on first-half sales Thursday. Adyen reported a jump in sales in the third quarter as the Dutch payments firm gained wallet share and added new customers, diversifying its merchant mix. The company, whose technology allows businesses to accept payments online and in-store, reported third-quarter net revenue of 498.3 million euros ($535.5 million), up 21% year-on-year on a constant currency basis. Payments firms saw a boost from an increase in online shopping during the height of the Covid-19 pandemic. But in recent years, companies such as Adyen have faced pressure from lower consumer spending.
Persons: Adyen Organizations: North Locations: U.S, Canada, Europe, East, Africa, North America
Luckin Coffee, which has put up a strong fight against Starbucks in Asia, is looking to the US. The chain is known for its aggressive deals, unusual flavors like a Big Cheese coffee drink, and mobile ordering. Luckin versus StarbucksI started at Luckin Coffee. Aditi BharadeThe most expensive drink on the menu was an Iced Oat Shakerato listed for 8 Singapore dollars, or $6. Representatives for Luckin Coffee didn't respond to a request for comment from BI for this story.
Persons: , Brian Niccol, Niccol, Luckin, Aditi Bharade, Rachel Ruggeri, Ruggeri, It's, David Yu, Jiang, it's, Tiruchelvam, Yu Organizations: Starbucks, Service, Business District, Staff, Singapore, Luckin, BI, Bros, NYU, Aletheia Capital Locations: Asia, China, Singapore, Beijing, United States
The stock had popped 5.9% on Wednesday after the Republican was elected the 47th president of the U.S. Warner Bros. Lyft expects current-quarter bookings to come in between $4.28 billion to $4.35 billion, topping a FactSet consensus of $4.23 billion. Wolfspeed posted revenue of $195 million for the first fiscal quarter, missing the LSEG consensus forecast by $5 million. Arm posted adjusted earnings per share of 30 cents on revenue of $844 million for the second quarter. AppLovin also guided its fourth-quarter EBITDA of $740 million to $760 million, higher than the $667 million StreetAccount forecast.
Persons: LSEG, Donald Trump's, Armour, , Lyft, Wolfspeed, AppLovin, Zillow, Alex Harring, Sean Conlon, Hakyung Kim, Yun Li, Lisa Kailai Han Organizations: Bros, Dutch Bros, Trump Media & Technology, Republican, U.S, Warner Bros, , Discovery, FactSet . Arm Holdings, LSEG, Gilead Sciences Locations: Gilead
CNN —Germany’s governing coalition has collapsed after disagreements over the country’s weak economy led Chancellor Olaf Scholz to sack his finance minister. The coalition has been at loggerheads over how to revive Germany’s economy. What problems is Germany’s economy facing? Germany’s economy, Europe’s largest, shrank last year for the first time since the onset of the Covid-19 pandemic. Party leader Alice Weidel has already hailed the coalition’s collapse as a “liberation” for Germany.
Persons: Chancellor Olaf Scholz, Christian Lindner’s, Scholz, Donald Trump, Europe’s, Angela Merkel, Gerhard Schröder, Merkel, Christian Lindner, Christoph Soeder, Friedrich Merz, Lindner, Liesa Johannssen, “ Lindner, ” Lindner, , Carsten Brzeski, , Robert Habeck, Annegret Hilse, Merz, Alice Weidel, ” Weidel Organizations: CNN, Free Democrats Party, Scholz’s Social Democratic Party, SPD, Green Party, CDU, Trump, Social Democratic Party, Greens, ING, Volkswagen, CDU –, Christian Democratic Union, Party Locations: Germany, Germany’s, Nazi, Thuringia, France, Italy, Ukraine, China,
Lyft expects bookings in the current quarter of $4.28 billion to $4.35 billion, while analysts polled by FactSet expected $4.23 billion. SolarEdge — The solar panel inverter stock slipped more than 16% after a third-quarter revenue miss. SolarEdge reported revenue of $261 million, while analysts surveyed by LSEG were looking for $269 million. Third-quarter revenue surpassed Wall Street estimates, and the company expects fourth-quarter revenue of $256 million to $262 million, compared with an estimate of $260 million. Moderna — Shares rallied 7% after Moderna's third-quarter earnings and revenue topped expectations.
Persons: FactSet, SolarEdge, , Zillow, Gilead, LSEG, Armour, Hershey, Samantha Subin, Hakyung Kim, Sarah Min Organizations: Arm, Wall, LSEG, FactSet, , Qualcomm, Gilead Sciences, Hershey Locations: Gilead
ASML's net bookings for the third quarter were 2.6 billion euros ($2.79 billion), below the 5.6 billion euros penciled in by Wall Street analysts. ASML expects net sales for 2025 to come in at the lower of half of the 30 billion euros and 35 billion euros range it previously predicted. Coca-Cola HBC Goldman is betting on Coca-Cola HBC, also known as CCH, given its solid top-lines and strong margin uplift. This phenomenon — coupled with an improving product pipeline across brands — has pushed analyst Richard Edwards to an "above consensus view" on JD's LFL (like-for-like) sales growth. Edwards also expects space expansion and acquisitions to contribute to an average 10% sales growth from 2025 to 2027, above the consensus average of 7%.
Persons: ASML, Goldman Sachs, Goldman, Cola HBC Goldman, Olivier Nicolai, Richard Edwards, Edwards, — CNBC's Michael Bloom Organizations: Wall Street, ASML, Heineken, Philips, Cola HBC, Hellenic Bottling Company, JD Sports, Coca, CCH, London Stock Exchange, Locations: U.S, British
Analysts expect Trump's economic policies to increase inflation, and push interest rates higher. AdvertisementDonald Trump's victory is set to herald a new era of higher inflation, tighter monetary policy, and surging cryptocurrencies, analysts said in initial reactions to the presidential election result. The economic impact of Trump's second term is likely to be volatile, said Lindsay James, investment strategist at UK-based Quilter Investments. However, such cuts could be shortlived if Trump's trade policies, which include proposed near-universal tariffs, prove to be inflationary as expected. Bitcoin could hit $100,000One asset that analysts expect to surge in the wake of Trump's victory is bitcoin, which rallied sharply early on Wednesday morning.
Persons: Donald Trump, , Donald Trump's, Lindsay James, Elon Musk, Thomas Matthews, Trump, Russ Mould, AJ Bell Organizations: Service, Investments, Federal Reserve, Capital Economics, Rabobank, White
He also believes Russia is also betting on “US turmoil” under Trump, hoping internal divisions will “distract” Trump from foreign policy. Zelensky, like the others playing to Trump’s vanity through praise, said: “I appreciate President Trump’s commitment to the ‘peace through strength’ approach in global affairs. Those are the central questions now facing Seoul, as Trump has openly considered downsizing the approximately 28,500 US troops stationed in South Korea. Seoul currently pays $1.13 billion annually for American military forces within its territory, a figure which under an agreement signed Monday is expected to rise to $1.26 billion annually in 2026. A screens shows live footage of Donald Trump speaking during a news program in Seoul, South Korea, on November 6, 2024.
Persons: Donald Trump, Trump, CNN’s Clare Sebastian, Vladimir Putin, Hillary Clinton, Clinton, Putin wryly, Joe Biden, Vance’s, Pavel Bednyakov, AP “ Trump, , Dmitry Medvedev, Margarita Simonyan, “ Trump, Dmitry Peskov, , ” Boris Bondarev, ” Trump, Matthew Chance, Benjamin Netanyahu, ” Netanyahu, Biden, , Kamala Harris –, Trump’s, Amir Levy, trepidation, America’s, Nic Robertson, Annalena Baerbock, Baerbock, Remko de, Mark Rutte, Jens Stoltenberg’s, Stoltenberg, Putin, ” Baerbock, Steven Jiang, Xi Jinping didn’t, Xi, Washington’s, Florence Lo, Harris, Will Ripley, Lai Ching, Vance, Lai, Taiwan’s, Kamala Harris, Chiang Ying, Mike Valerio, they’d, They’d, Camp Humphreys, Lee Jin, Will Trump, Kim Jong, Robert C, Kim, Larry Madowo, Ghana Trump, Uhuru Kenyatta, Akinwumi Adesina, Osinbajo, Hailemariam Desalegn, Jonathan Ernst, George W, Bush, It’s, Stefano Pozzebon, Javier Milei, El, Nayib Bukele, Bolsonaro, Gustavo Petro, Mexico’s Claudia Sheinbaum, Sheinbaum, Del Cueto, Rebecca Noble Organizations: CNN, United, Democratic National Committee, Trump, International Media, AP, RT, Kremlin, White, Israel, White House, America, Iranian, German, NATO, European Union, Getty, Dutch, Democratic, Reuters, South China, Taiwan : Defense, Party, Taiwan, Taiwan Relations, Washington, Congress, Kuomintang, KMT, Economic, of Chicago, Bloomberg News, Army, South, North, Korean, Kenyan, Guinea Alpha Conde, Trump , African Development Bank, Ethiopian, Republican, AIDS Relief, Biden, Conservative, Progressives, US, Mexico “, Border Patrol Council Locations: Russia, East, Europe, China, Taiwan, Korean, Africa, Ukraine, CNN’s, London, Moscow, Russian, Kyiv, American, , Jerusalem, Israel, America, Gaza, Lebanon, Iran, Tehran, Hamas, Germany, Soviet, United States, United Kingdom, The Hague, Netherlands, Remko de Waal, Trump, Beijing, , Shanghai, South, Taipei, Asia, Seoul, South Korea, Korea, North Korea, Japan, Tokyo, Washington, Pyongyang, Accra, Ghana, Tanzania, Zambia, Guinea, Trump ,, Nigeria, AFP, Angola, Bogotá, Colombia, Mexico, Venezuela, Nicaragua
Transactional, personality-based and erratic, the Trump doctrine made for a chaotic four years that left both foreign leaders and seasoned American national security aides exhausted and jittery. World leaders are open to all options, including making trips to New York or Trump’s Mar-a-Lago estate in Florida, sources said. Foreign leaders are relying on their experience with Trump during his first presidency, when flattery and personal attention paid dividends, as they approach him following his win. And that, in the end, could sum up Trump’s foreign policy doctrine in a sentence. The first clues about Trump’s policy will be the appointments he makes to senior national security positions.”CNN’s Alayna Treene contributed reporting.
Persons: Donald Trump, Trump, Trump’s, he’s, Joe Biden, , Benjamin Netanyahu, Emmanuel Macron, Macron, , Prince Mohammed bin Salman, Jamal Khashoggi, Mark Rutte, he’d, Shinzo Abe, Angela Merkel, Vladimir Putin —, , Dmitry Peskov, “ Let’s, Kim Jong Un, Xi Jinping, Xi, Putin, It’s, Mike Pompeo, Keith Kellogg, Mike Pence, Richard Grenell, Brian Hook, John Herbst, United States — Putin, ” Herbst, Alayna Treene Organizations: CNN, Trump, American, NATO, Israeli, Saudi, CIA, Biden, State Department, Republican Party, Council’s Eurasia Center Locations: Paris, Jerusalem, Riyadh, Washington, Florida, , Ukraine, North Korea, Iran, China, masse, Russia, New York, Lago, Trump, Taiwan, Beijing, Trump’s, Germany, , United States, Europe
Markets: The post-election rally on Wall Street continued into afternoon trading, with the Dow Jones Industrial Average jumping 3.4%, or roughly 1,450 points, and the S & P 500 advancing 2.4%. It's worth noting, the stock market was reacting like Jim Cramer said it would in his Sunday column . The one thing markets hate is uncertainty, and Wednesday's rally can be attributed, in part, to relief that Wall Street professionals and individual investors alike know where they stand and what to expect from the country's next president. Bond yields move inversely to prices, and a basis point is equal to 0.01%. "You have to be very careful to respect the bond market if you do any buying today," Jim said.
Persons: Jim Cramer, Donald Trump, Kamala Harris, Morgan Stanley, Jim, It's, Yun Li, Trump, Harris, Jerome Powell's, we'll, Jim Cramer's Organizations: CNBC, ., Wall, Dow Jones, Trump, Republican, NBC, Senate, NBC News, Wells, BlackRock, Energy, Coterra Energy, Honeywell, Federal, White, Arm Holdings, Qualcomm, Bros, Moderna, Barrick Gold, Halliburton, Hershey, Air Products, Chemicals, Warner Bros ., Jim Cramer's Charitable
Qualcomm reported adjusted earnings of $2.69 per share on $10.24 billion in revenue. Wolfspeed — The semiconductor manufacturer tumbled 17% after missing revenue expectations and offering weak guidance for the current quarter. Wolfspeed generated revenue of $195 million in the first fiscal quarter, missing the consensus estimate of analysts polled by LSEG by $5 million. The company said to expect between $160 million and $200 million in revenue during the current quarter, under the $215 million figure expected. HubSpot saw $2.18 in adjusted earnings per share on $669.7 million in revenue, while analysts polled by FactSet forecast $1.91 in earnings per share and $647 million in revenue.
Persons: LSEG, HubSpot, Lyft, Robin, SolarEdge, Donald Trump, Bumble —, Zillow, Darla Mercado, Jesse Pound, Samantha Subin, Sean Conlon Organizations: Qualcomm, Arm Holdings, LSEG, FactSet, Technologies, Bros, Revenue Locations: FactSet, StreetAccount, LSEG
Donald Trump won the presidential election Wednesday, clearing the way for his return to the White House. His past rhetoric has raised concerns over the future of US security assistance to Ukraine and support for NATO. But in a new op-ed, the NATO chief said the military alliance can't afford to stop supporting Kyiv. It did not mention Trump, nor did it single out the US over its military support. AdvertisementIn a social media post earlier in the day, Rutte said he congratulated Trump on winning the election.
Persons: Donald Trump, , Donald Trump's, Mark Rutte, Rutte, Joe, Carolyn Kaster, Putin, Rutte's, Trump, Biden, Volodymyr Zelenskyy, Julia Demaree Nikhinson, logjam, Laurynas Organizations: NATO, Service, Russia, Dutch, POLITICO, AP, Ukraine, Trump, Transatlantic, Kyiv's, Alliance Locations: Ukraine, Kyiv, Washington, China, Iran, North Korea, Russia, Donetsk, Europe, New York
Addressing his supporters in Florida, Trump said his return to the White House would usher in the "golden age" of America. Likewise, European Commission President Ursula von der Leyen, French President Emmanuel Macron, Spanish Prime Minister Pedro Sanchez, Italian Prime Minister Giorgia Meloni and Hungarian Prime Minister Viktor Orban all offered their congratulations to Trump. We rely on continued strong bipartisan support for Ukraine in the United States," he added. "I look forward to working with him again to advance peace through strength through #NATO," Rutte said. "I hope that the elections will be beneficial for our friendly and allied people in the United States and for all of humanity," he added.
Persons: Donald Trump, Benjamin Netanyahu, Amos Ben, Gershom, Trump, Keir Starmer, Ursula von der Leyen, Emmanuel Macron, Pedro Sanchez, Giorgia Meloni, Viktor Orban, Volodymyr Zelenskyy, Trump's, Volodymyr Zelensky, Alex Kent, Dmitry Medvedev, Russia's, Maria Zakharova, Kamala Harris, Zakharova, Mark Rutte, Rutte, Recep Tayyip Erdoğan, Erdoğan, Tayyip Erdogan, Thaier Organizations: Mar, Anadolu, Getty, Wednesday, NBC News, Atlantic, Spanish, European Commission, Christian Democratic Union, Bloomberg, Ukraine, Republican, U.S, Russia, Russia's, White, NBC, Russian Foreign, Atlantic Treaty Organization, NATO, United Nations, Change, United Arab Emirates, sudani Locations: Lago, Palm Beach , Florida, United States, Florida, America, Italian, Hungarian, Berlin, Germany, Ukraine, New York City, Kyiv, Russia, Brussels, Belgium, Turkey, India, Australia, Israel, Iran, Dubai, United Arab
Investigators searched the offices of U.S. streaming giant Netflix in France and the Netherlands Tuesday as part of a preliminary investigation into tax fraud and money laundering, a French judicial source close to the investigation told NBC News. Searches were being conducted simultaneously at the company's headquarters in Paris and Amsterdam by Dutch magistrates and investigators, accompanied by French magistrates and investigators. The French investigation, carried out by the PNF, a special financial crime prosecution unit notorious for pursuing high-stakes white-collar probes that often involve large international companies, was opened in November 2022. NBC News has reached out to Netflix in France for comment. A preliminary investigation in France does not imply criminal charges and does not necessarily lead to a trial.
Persons: Opera Garnier, Emily Organizations: Netflix, NBC, NBC News, Netherlands Financial Intelligence Unit, Opera Locations: France, Netherlands, Paris, Amsterdam, Italy
The fine points to a Russian legal system focused more on symbolic punishment than enforcement. All the same, that is what a Russian court maintains the company owes, as punishment for suspending accounts from YouTube. Related storiesLegal experts told Business Insider what it symbolizes is a Russian legal and economic system estranged from much of the world. AdvertisementRussia has effectively annulled intellectual property rights, enabling its companies to freely use patents and designs from Western companies. The scholars BI spoke to did not expect any other nation's court to try to enforce the Google fine.
Persons: , Dmitri Peskov, Tyler Kustra, Kustra, Heineken, Christine Abely, Abely, Nathanael Tilahun, hasn't, Oleksandra, Snellman Organizations: YouTube, Google, Service, UK's University of Nottingham, Deutsche Bank, Commerzbank, New England Law, University of Essex, Bloomberg Locations: Russian, Russia, Ukraine, Dutch, Hong Kong , South Africa, Netherlands
The seas were calm when the Bayesian, the $40 million superyacht of the British tech mogul Michael Lynch, dropped anchor off Sicily. The Bayesian was a one-of-a-kind sailboat, built by Perini Navi, a famous Italian yacht maker. How the Bayesian could have sunk The Bayesian was pushed onto its side in strong winds. How the Bayesian could have sunk The Bayesian was pushed onto its side in strong winds. Rescue workers bringing the body of the final Bayesian victim to shore, in Porticello, Italy, on Aug. 23.
Persons: , Michael Lynch, Karsten Borner, Lynch’s, Borner, , Mr, Hannah Lynch, Mike Lynch, Judy Bloomer, Jonathan Bloomer, Christopher Morvillo, Neda, Recaldo Thomas, Patrick McMullan, Lynch, Hannah, Giovanni Costantino, , Costantino, Tad Roberts, Abbie VanSickle, Jonathan Baum, VanSickle, Angela Bacares, Chris Morvillo, Neda Nassiri, Judy, James Cutfield, Sir David Davis, Sir David, Sir Robert Baden Powell, Fabio La Bianca, Matthew Griffiths, Borner’s, Sir Robert, Nobody, ’ ’ Capt, Guglielmo Mangiapane, Bacares, Domenico Cipolla, Cipolla, Charlotte Golunski, James Emslie, Golunski, Emslie, Perini, Ron Holland, Roberts, Stephen Edwards, John Groenewoud, Edwards, Philipp Luke, Guillermo Gefaell, Juan Manuel López, Gefaell, Igor Petyx, Cutfield, Cutfield hasn’t, Turgay, Ciner, Adam Hauck, there’s, It’s, Hauck, can’t Organizations: The Times, New York Times, Agence France, Reuters, Getty, Times, , Italian Sea Group, American Bureau of Shipping, British Maritime and Coastguard Agency, Hewlett, Packard, New Zealand, Baia Santa Nicolicchia, Italian Coast Guard, Gale Force, Maritime and Coastguard Agency, Britain’s Department for Transport, Perini, “ Technology, Naval, Italian, Group, Spanish, Association of Naval, Ocean Engineers of Spain, British Marine Accident Investigation, Rescue Locations: British, Sicily, East Germany, Italian, Dutch, Canadian, Washington, London, Oxford, New, Naples, Porticello, Baia Santa, Palermo, Sicily’s, Palermo’s, Ireland, Tuzla, Turkey, Italy, Turkish, Istanbul, Capri, American
I tried pumpkin drinks from Dunkin, Dutch Bros, and Starbucks to see which chain does it best. Starbucks' Pumpkin Spice Latte was good, but it wasn't my favorite drink. Go to newsletter preferences Thanks for signing up! AdvertisementPeople have looked forward to the limited release of Starbucks' Pumpkin Spice Latte every year since 2003. I tried pumpkin-flavored iced drinks at Dutch Bros, Dunkin', and Starbucks.
Persons: , Dunkin Organizations: Bros, Starbucks, Service Locations: Dunkin
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Trump accuses Taiwan of stealing businessFormer U.S. President Donald Trump accused Taiwan of stealing the country's chip business, he said on "The Joe Rogan Experience" podcast. Bernstein analyst Stacy Rasgon told CNBC the idea of Taiwan stealing the U.S.'s chip industry is "ridiculous." [PRO] Tech might be in trouble, chart showsThe bursting of the 2000 dot-com bubble was one of the worst moments ever for tech stocks.
Persons: Thomas Schäfer, Trump, Donald Trump, Joe Rogan, Bernstein, Stacy Rasgon Organizations: CNBC, Big Tech, Philips, Volkswagen, U.S, New York Stock Exchange, bourse, Intercontinental Exchange, Tech, Wolfe Research Locations: New York City, China, Germany, Taiwan
Create your free profile or log in to save this articleCreate your free profile or log in to save this articleEnglish Premier League giants Manchester United fired coach Erik ten Hag on Monday, after two-and-a-half years at the helm of the storied club. The Dutchman was appointed in April 2022 and won the 2023 Carabao Cup and 2024 F.A. But the club failed to qualify for this season's Champions League, Europe's premier competition, and currently sits 14th in the Premier League table after making its worst start to a season in 35 years. Ten Hag was informed of the decision less than 24 hours after a 2-1 defeat to West Ham United. Brazilian winger Antony, a favorite of ten Hag from his time in charge of Dutch giants Ajax, exemplified the coach's transfer market failings.
Persons: Erik ten Hag, Justin Setterfield, Erik, Ruud van Nistelrooy, Sir Alex Ferguson, , Sir Jim Ratcliffe, Van Nistelrooy Organizations: English Premier League, Manchester United, Champions League, Premier League, West Ham United, Scotsman, Manchester City, United, Ajax Locations: West Ham, Abu Dhabi
Erik ten Hag, Manager of Manchester United, reacts as he looks on during the Premier League match between West Ham United FC and Manchester United FC at London Stadium on October 27, 2024 in London, England. Manchester United sacked Erik ten Hag as the club's first-team manager on Monday following a dismal start to the Premier League season. The move brings an end to months of speculation about Ten Hag's future at Manchester United. Shares of Manchester United, which is listed on the New York Stock Exchange, rose 3% in premarket trading. The Glazer family, which has owned Manchester United since 2005, retain a majority stake under the terms of the deal.
Persons: Erik, Hag, Ruud van Nistelrooy, Jim Ratcliffe, Ratcliffe, Glazer, Alex Ferguson Organizations: Manchester United, Premier League, West Ham United FC, Manchester United FC, London, Manchester, Manchester City, New York Stock Exchange, Ineos, Ratcliffe's Locations: London, England, Dutch, West Ham
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