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☆ iRobot shares close up 39% on report Amazon deal set to get EU approval
▼ + stars: | 2023-11-24 | by ( Todd Haselton | ) www.cnbc.com time to read: +1 min

Shares of iRobot , the maker of Roomba vacuums, closed up about 39% Friday after a report said the European Union is set to approve Amazon's $1.7 billion acquisition of the company. Reuters said Thursday morning the deal is set to "win unconditional EU antitrust approval," citing three sources familiar with the matter. The European Commission is expected to rule on the deal by Feb. 14. Representatives from the European Commission didn't immediately respond to CNBC's request for comment. The acquisition marks Amazon's fourth-largest deal, behind its $13.7 billion purchase of grocery chain Whole Foods in 2017, its $8.45 billion purchase of film studio MGM in 2021 and its $3.9 billion acquisition of boutique primary-care provider One Medical, announced last July.

Persons: Roomba, —, Annie Palmer Organizations: European Union, Reuters, European, European Commission, U.S . Federal Trade Commission, Markets Authority, Amazon, iRobot, MGM, CNBC, YouTube, CNBC PRO

☆ Stocks making the biggest moves premarket: iRobot, Nvidia, Apple and more
▼ + stars: | 2023-11-24 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Nvidia — Nvidia shares fell 1.8% after Reuters, citing sources familiar, reported the chipmaker told its China clients it will be delaying the chip designed to comply with U.S. export restrictions until next year. Apple — Shares fell slightly by 0.2% after a Reuters report, citing data from Counterpoint Research, said Apple saw a drop in smartphone sales during China's recent Singles Day. Walmart , Target — Some retail stocks were higher as investors kept an eye on Black Friday trends to gauge the health of the consumer. Walmart and Target were higher by 0.2%, each. Fisker — The automotive stock rose 8% after Fisker filed a 10Q, which was previously delayed, with the Securities and Exchange Commission.

Persons: Apple, Fisker Organizations: European Union, Nvidia, Reuters, Apple —, Counterpoint Research, Walmart, Target, Securities and Exchange Commission Locations: China

☆ Here are 8 key things to watch in the stock market Friday
▼ + stars: | 2023-11-24 | by ( Zev Fima | ) www.cnbc.com time to read: +3 min

As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Wells Fargo, Sam Altman's, KeyBanc, Jim Cramer's, Jim Cramer, Jim, David Dee Delgado Organizations: Dow, U.S, Hamas, Amazon, Miami Dolphins, New York Jets, Retailers, Walmart, Microsoft, Mizuho, RBC, Broadcom, VMware, Linde, LIN, European Union, Jim Cramer's Charitable, CNBC, Black, Reuters Locations: Israel, Manhattan, New York City , New York, U.S

☆ Stocks making the biggest moves midday: Fisker, Nvidia, Coinbase and more
▼ + stars: | 2023-11-24 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in midday trading. Nvidia — Nvidia shares fell 1.9%. Reuters , citing sources, reported that Nvidia notified its China clients that it will delay until next year a new artificial intelligence chip designed to comply with U.S. export restrictions. First Solar , SolarEdge — The solar panel manufacturer declined 3.3% Friday, while SolarEdge fell about 0.8%. Retailers — Shares of major retailers were mixed in trading during Black Friday, with Walmart and Target up less than 1%.

Persons: Fisker, SolarEdge, Apple — Apple, Coinbase, bitcoin, Changpeng Zhao, Binance, —, Nordstrom, Alex Harring, Jesse Pound, Yun Li, Sarah Min Organizations: Nvidia, Reuters, European Union, Vista, Colt CZ Group, Apple, Counterpoint Research, Department of Justice, Black, Walmart, Target Locations: China

You can get started with the best Black Friday deals on robot vacuums today, November 24, 2023. The shopping holiday has kicked off with deep discounts on some of the best robot vacs from iRobot Roomba, Shark, and Roborock. The best Black Friday robot vacuum dealsRobot vacuum Black Friday deals FAQsDo robot vacuums go on sale for Black Friday? This robot vacuum is efficient at cleaning carpet and was one of the only robot models we tested that avoided obstacles without trouble. If you're interested in robot vacuums by Shark, check out our Shark AV911S EZ Vacuum Review.

Persons: vacuums, Bissell, Dyson Organizations: Black, Roomba Locations: iRobot

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023. REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsBRUSSELS, Nov 23 (Reuters) - Amazon (AMZN.O) is set to win unconditional EU antitrust approval for its $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O), three people familiar with the matter said on Thursday. The Commission, which is due to decide on the deal by Feb. 14, declined to comment. The deal announced in August would add iRobot's Roomba robot vacuum to U.S. online retail giant Amazon's portfolio of smart devices, includes the Alexa voice assistant, smart thermostats, security devices and wall-mounted smart displays. Reporting by Foo Yun Chee Editing by Mark Potter and David GoodmanOur Standards: The Thomson Reuters Trust Principles.

Persons: Pascal, Foo Yun, Mark Potter, David Goodman Organizations: REUTERS, Rights, Big Tech, European Commission, Amazon, Thomson Locations: Lauwin, France, Rights BRUSSELS

☆ Best Black Friday Vacuum Deals 2023
▼ + stars: | 2023-11-22 | by ( Nick Guy | ) www.wsj.com time to read: +2 min

Thankfully, Black Friday and Cyber Monday bring lots of vacuum sales, and this year is no different. Read on to check out the best deals. Upright vacuumsUpright vacuums are the most traditional style of vacuum cleaner, and the most powerful. The best of them are easy to navigate, offer impressive suction and work on a variety of surfaces. We found that the best of them run for longer than average on a single charge and are more powerful than you’d expect from their small form factor.

Persons: Nick Guy, you’ll, Dyson, vacuums Organizations: Upright vacuums Locations: Price

☆ EU regulators set new Feb 14 deadline on Amazon/iRobot deal
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsPARIS, Oct 30 (Reuters) - European Union (EU) antitrust regulators will decide by February 14 next year on whether to clear Amazon's (AMZN.O) $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O), according to a regulatory filing. In August, the EU's competition enforcer temporarily halted its investigation into the deal while it awaited more information. Its previous deadline for its decision on the deal was December 13. The EU's competition watchdog has previously warned Amazon that the deal may reduce competition in robot vacuum cleaners and also reinforce the U.S. company's dominant position as an online marketplace provider. In July, Amazon cut the price it would pay for iRobot by about 15% to around $1.42 billion after iRobot, which makes Roomba vacuum cleaners, incurred more debt.

Persons: Pascal, Sudip Kar, Jason Neely Organizations: REUTERS, Rights, Union, Amazon, Thomson

While we've been sharing the very best Prime Day deals throughout the sale, there are some great finds our editors recommend snagging right now. William Antonelli, tech reporterAmazonI'm taking this Prime Day to upgrade some of the old gadgets I've got in my house. I go through many shoes when training for marathons, and Prime Day is when I pick up a new pair or two. Last Prime Day, I purchased the Asics Men's Gel-Nimbus 24 Running Shoes. These Prime Day deals most certainly took a bite out of my wallet, but at a fraction of the price you'd normally pay for these items.

Persons: we've, they've, Lauren Savoie, Sephora, I'm, I've, William Antonelli, James Brains, Jaclyn Turner, who's, Keepa, it's, Lisa Sabatini, It's, I'd, Sarah Saril, Amazon Organizations: Amazon, Logitech, Philips, Machine, Prime

However, the fall Prime event might have better prices for home goods. In fact, the best prices happened on days that were not key shopping event days. Regardless, the July Prime event offered a deeper discount to shoppers when compared to last year's October Prime sale and Super Saturday. The product did go on sale during last October's Prime member event and this past July's Prime sale, but the discounts were not as deep. Downloads of Amazon's shopping app have declined steadily during each subsequent Prime member shopping event since Amazon's Prime Days in July 2021, according to data intelligence platform Apptopia, which tracks mobile app usage for brands like Amazon.

Persons: Tom Williams, Nick Handrinos, Julie Ramhold, it's, Ramhold, iRobot's, Keurig, AF101, fryer, The Bissell Organizations: Washington , D.C, Cq, Inc, Getty, Adobe, Amazon Prime, Gallup, Finance, Deloitte, CNBC, Electronics, Deal, CoreSight Research, NBC, Scout, Amazon, Sony, Black, Health, Revlon, Philips, July's Locations: Washington ,, Research's U.S

Learn moreAmazon Prime Day is the perfect time to level up your floor care with a powerful, deeply discounted vacuum. The Shark Vertex DuoClean Cordless Vacuum does an outstanding job of picking up debris on any surface. In our guide to the best carpet cleaners, the Hoover FH52000 SmartWash Automatic Carpet Cleaner is our pick for tackling pet stains. In the meantime, follow our liveblog for the best Prime Day deals in all departments. Top 5 vacuum dealsThe best Prime Day cordless vacuum dealsThe best Prime Day upright vacuum dealsThe best Prime Day handheld vacuum dealsThe best Prime Day robot vacuum dealsThe best Prime Day carpet cleaner dealsHow to choose the right vacuumCordless vacuums are becoming increasingly popular for their convenience, whether cleaning your car or making quick work of a small mess.

Persons: Dyson, Bissell, we've, Hoover Organizations: Deal, Hoover

Learn moreAmazon has kicked off the holiday season with its second Prime Day of the year. Below, we've highlighted more great Prime Day discounts that we're not waiting for Black Friday or Cyber Monday to snag. And for even more deals, check out our live blog featuring all of the best Prime Day deals. Top 5 Prime Day deals to grab before Black FridayTop Prime Day tech deals we're not waiting to buy on Black FridayTop Prime Day home and kitchen deals we're not waiting to buy on Black FridayAre Prime Day deals better than Black Friday or Cyber Monday? Black Friday and Cyber Monday are expected to offer some bigger deals on apparel, mattresses, and direct-to-consumer goods, but Prime Day sales like Amazon's Prime Big Day Deals event are particularly great for finding all-time low prices on items like smart home devices and various Amazon-branded goods and services.

Organizations: Deal, Echo, Apple MacBook Air

The event, also known as "Amazon Big Deal Days," is the ideal time to get some of the best robot vacuum deals with all-time low prices. We've tested more than 40 units for our guide to the best robot vacuums and are keeping tabs on the best deals during the Amazon October sale. The top robot vacuum dealsCheck out Amazon for more robot vacuum deals. Also, visit our hub for Prime Day vacuum deals. A good budget robot vacuum is the iRobot Roomba 692, currently $164.99 at Amazon.

Persons: iRobot, Roomba, I've, It's Organizations: Amazon, ., Prime

☆ From Amazon to Target, here's a look at some of the biggest holiday sales happening now
▼ + stars: | 2023-10-06 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

Here's a look at some of biggest sales events happening now. This year, other big-name retailers are getting a head start by launching their own holiday sales earlier than ever, according to Katie Roberts, consumer analyst with DealNews.com . You can set up deal alert notifications on Amazon or through your Alexa device so you'll know when the price changes. Prime members can also sign up for invite-only deals on the items that typically sell out fast. But first, you must be an Amazon Prime member.

Persons: Katie Roberts, Andrea Woroch, fryer, Dyson, Barbie Organizations: DealNews.com, Black, Amazon, Sony, Bose, Philips, Finance, July's, Hasbro Locations: iRobot

☆ EU antitrust regulators halt Amazon, iRobot probe, await info
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +1 min

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, November 15, 2022. REUTERS/Pascal Rossignol///File Photo Acquire Licensing RightsBRUSSELS, Sept 11 (Reuters) - EU antitrust regulators have delayed their investigation into Amazon's (AMZN.O) $1.7 billion acquisition of robot vacuum cleaner maker iRobot (IRBT.O) as they wait for the companies to provide requested information. "Once the missing information is supplied by the parties, the clock is re-started and the deadline for the Commission's decision is then adjusted accordingly." The EU competition watchdog's previous deadline for its decision on the deal was Dec. 13. It has warned Amazon that the deal may reduce competition in robot vacuum cleaners and also reinforce the U.S. company's dominant position as an online marketplace provider.

Persons: Pascal Rossignol, Foo Yun Chee, Aurora Ellis Organizations: REUTERS, Rights, European Commission, Thomson Locations: Lauwin, France, Rights BRUSSELS

A blue and white Shark Vacuum on a store display. After its listing at just over $30 a share, the stock — trading under ticker symbol SN — rocketed 40% in its first day. Shark's upright vacuums and Ninja's electric grills each account for 43% of their respective markets in the U.S., the filing showed. From 2019 to 2022, Shark's robot vacuum market share grew from 15% to 25%. JS Global separated the U.S. and China businesses, citing "geographic-specific considerations."

Persons: Mark Barrocas, SharkNinja, greenlit Amazon's, Xuning Wang Organizations: SharkNinja, New York Stock Exchange, Kong's, CNBC, U.S, Amazon, JS Global Locations: Friday's, China, North America, U.S, Boston, Needham , Massachusetts, Hong Kong

☆ Amazon lowers iRobot deal price by 15% after Roomba maker incurs fresh debt
▼ + stars: | 2023-07-25 | by ( ) www.reuters.com time to read: +1 min

July 25 (Reuters) - Amazon.com (AMZN.O) has slashed the price it will pay for iRobot (IRBT.O) by about 15% to around $1.42 billion after the maker of Roomba vacuum cleaners incurred fresh debt, the companies said on Tuesday. Under the amended deal, Amazon will pay $51.75 in cash for each share of iRobot, compared with the original price of $61.00. The deal price change will be largely offset by the planned increase in iRobot's net debt after it entered a $200 million financing facility to fund its operations, the companies said. "We've reached an amended agreement with Amazon that reflects the incurrence of iRobot's new debt," said Colin Angle, chairman and CEO of iRobot. Amazon and iRobot said on Tuesday they were working with the relevant regulators in their review of the merger.

Persons: We've, Colin Angle, iRobot, Aditya Soni, Shounak Dasgupta Organizations: iRobot, Amazon, European Commission, Thomson Locations: Europe

☆ Amazon's palm payment tech is coming to every Whole Foods in the US
▼ + stars: | 2023-07-20 | by ( Alex Bitter | ) www.businessinsider.com time to read: +2 min

Amazon is rolling out its palm payment technology to every Whole Foods store in the US. Privacy advocates say the way that Amazon collects and keeps palm data raises concerns. The tech giant will roll out Amazon One across over 500 Whole Foods stores by the end of 2023, it said in a blog post. Amazon's technology links a user's credit card or other payment information to their unique palm print. Besides Whole Foods, Amazon has also used the technology at its Amazon Go convenience stores.

Organizations: Foods, Service, Amazon, Coors Field Locations: Wall, Silicon, Denver

☆ Analysis: French backlash scuppers appointment of US economist for EU Big Tech regulation
▼ + stars: | 2023-07-19 | by ( Foo Yun Chee | ) www.reuters.com time to read: +4 min

Vestager said she accepted Scott Morton's decision to quit with regret but economists warned that the debacle will leave the bloc's competition commissioner weakened. Vestager should have been more transparent on possible conflicts of interest, said EU lawmaker Paul Tang from the Netherlands. That didn't help the candidature of Scott Morton," he said. Vestager's defence of her choice at a hearing on Tuesday was disappointing, said EU lawmaker and French lawyer Stephanie Yon-Courtin, who opposed Scott Morton's appointment. The issue with this nomination was neither American nor French, it is a matter of European interest," she said.

Persons: Margrethe Vestager, Fiona Scott Morton, Scott Morton, Emmanuel Macron, Vestager, Scott Morton's, Paul Tang, Stephanie Yon, Alexandre De Streel, Jean Tirole, Jacques Cremer, Foo Yun Chee, Elaine Hardcastle Organizations: Union, Apple, Microsoft, Commission, EU, U.S . Department of Justice, Big Tech, European Union, Amazon, Namur University, Toulouse School of Economics, Thomson Locations: BRUSSELS, U.S, France, Yale, Netherlands, American

☆ EU regulators extend Amazon, iRobot decision deadline to Dec. 13
▼ + stars: | 2023-07-19 | by ( ) www.reuters.com time to read: 1 min

BRUSSELS, July 19 (Reuters) - EU antitrust regulators have extended their deadline for a decision on Amazon's (AMZN.O) $1.7 billion acquisition of robot vacuum cleaner maker iRobot (IRBT.O) to Dec. 13 after the companies requested more time. "The deadline for the (European) Commission to take a decision has been extended by additional 20 working days in agreement with the notifying party," the EU competition enforcer said in a statement. Companies can ask for an extension of up to 20 working days. The EU watchdog earlier this month warned that the deal may reduce competition in robot vacuum cleaners and also reinforce Amazon's position as an online marketplace provider. Reporting by Foo Yun Chee Editing by Peter GraffOur Standards: The Thomson Reuters Trust Principles.

Persons: Foo Yun, Peter Graff Organizations: Commission, EU, Thomson Locations: BRUSSELS

☆ White House teams with Amazon, Google, and Qualcomm on cyber security labels for gadgets
▼ + stars: | 2023-07-18 | by ( Lauren Feiner | ) www.cnbc.com time to read: +2 min

To receive the U.S. Cyber Trust Mark, companies will have to follow cybersecurity standards set by the National Institute of Standards and Technology (NIST), such as requiring strong passwords and software updates. Other agencies across the executive branch also plan to get involved in making connected devices more secure, according to the announcement. For example, the Department of Energy will collaborate with National Labs and industry to create cybersecurity labeling standards for smart meters and power inverters. And the Department of State plans to engage allies in syncing up cybersecurity labeling standards and creating international recognition of such labels. Once completed, the FCC could choose to use the standards to apply the new label to these products as well.

Persons: Biden Organizations: U.S, U.S . Cyber, Federal Communications Commission, Google, LG Electronics, Logitech, Samsung, National Institute of Standards, Technology, NIST, FCC, Infrastructure Security Agency, Department of Energy, National Labs, Department of State, CNBC, YouTube Locations: cyberattacks, U.S

Down to $164.99, this Prime Day price matches the record low we saw for Black Friday. $10.14 from Amazon Originally $25.00 Save 59%Prime Day deals: StyleWe've got you covered for head-to-toe deals across the fashion world today. This Prime Day deal is the best price we've ever seen, and it's only available by invite for Prime members during Amazon Prime Day. $12.99 from Amazon Originally $23.99 Save 46%More Prime Day dealsDeal icon An icon in the shape of a lightning bolt. You'll also get a bonus of $10 with this Prime Day deal when you use the code "HAPPY" and spend $50.

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Prime Day 2023 ends tonight and we're still working hard to round up all the best deals of day 2. Down to $164.99, this Prime Day price matches the record low we saw for Black Friday. On select sizes and colors, you can get up to 60% off, the lowest Prime Day price to date. Even with a newer C3 model out this year, this remains a better value, especially at this current Prime Day deal price. This Prime Day deal is the best price we've ever seen, and it's only available by invite for Prime members during Amazon Prime Day.

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This is the last day of Amazon Prime Day 2023. $97.99 from Amazon Originally $139.04 Save 30%The best Prime Day robot vacuum dealsThe Ecovacs Deebot X1 Omni is one of our favorite robot vacuums. Lowest Price Bissell SpinWave Robot Vacuum The Bissell SpinWave Robot Vacuum picked up all the pet hair on carpet in our tests and has a great assortment of mop attachments and accessories. Deal Ecovacs Deebot X1 Omni Robot Vacuum The Ecovacs Deebot X1 Omni is the most advanced robot vacuum we’ve tested, capable of performing video surveillance while vacuuming and mopping simultaneously. $854.99 from Amazon Originally $1,549.99 Save 45%The best Prime Day cordless vacuum dealsThe powerful suction of the Dyson Outsize is ideal for carpeting.

Persons: we've, iRobot, Dyson, Bissell, Connie Chen, James Brains, Price, Decker, it's, Hoover, They're Organizations: Amazon, Prime Locations: It's, it's

☆ The Best Home and Kitchen Deals to Shop This Prime Day
▼ + stars: | 2023-07-11 | by ( Madeline Diamond | ) www.wsj.com time to read: +8 min

It performed the best out of all the models we tried out when searching for the best air purifier—in our test, it cleared out 98.6% of smoke in just 30 minutes. It normally has a hefty price tag, but it’s marked down by 30% for Prime Day. For Prime Day, the vacuum is 40% off (that’s $400 in savings), which is the lowest price we’ve tracked this year. It’s nearly 30% off for Prime Day, so you might even want to stock up on a few. It normally goes for $130, but during Prime Day you can score one for $47 (that’s a 65% discount).

Persons: Madeline Diamond, it’s, Burr, fryer, —, Joseph Joseph, Sobel Westex, It’s, We’re, you’ve, now’s, Bissell, We’ve Organizations: Prime, Tree Company Locations: Eufy

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