Author: Jeffery Carter

Stocks closed mixed to end another volatile trading session after President Trump spoke about his tariff plans at a cabinet meeting Wednesday afternoon and investors also braced for Nvidia’s (NVDA) after-the-bell earnings, which beat on both the top and bottom lines. The Nasdaq Composite (^IXIC) pared gains to finish the day up around 0.3%. The tech-heavy index had risen as much as 1% earlier in the session after consecutive sharp losses for the index. The benchmark S&P 500 (^GSPC) closed just above the flatline, while the Dow Jones Industrial Average (^DJI) fell roughly 0.4%. Bitcoin (BTC-USD), which has been retreating…

Nvidia founder and CEO Jensen Huang said the market got it wrong when it comes to DeepSeek’s technological advancements and its potential to negatively impact the chipmaker’s business. Instead, Huang called DeepSeek’s R1 open source reasoning model “incredibly exciting” while speaking with Alex Bouzari, CEO of DataDirect Networks, in a pre-recorded interview that was released on Thursday. “I think the market responded to R1, as in, ‘Oh my gosh. AI is finished,’” Huang told Bouzari. “You know, it dropped out of the sky. We don’t need to do any computing anymore. It’s exactly the opposite. It’s [the] complete opposite.” Huang…

Melkinimages | E+ | Getty ImagesThe egg aisle is anything but cheaper by the dozen these days — and that’s becoming a big problem ahead of the Easter holiday.The makers of Easter egg dye kits are bracing for the potential fallout if the egg shortage doesn’t begin to clear up before the April 20 holiday. For many companies that specialize in these activity sets, egg dye kits and related products make up a significant share of annual revenue. Diminished sales could have a major impact on their bottom lines.”I think sales will be down,” said Ashley Phelps, founder and CEO…

Both teams have three points after two games in Group B ahead of Afghanistan and England, who play on Wednesday.The Champions Trophy Group B fixture between Australia and South Africa in Rawalpindi has been abandoned without a ball being bowled after persistent rain kept the players from the field. The match at the Rawalpindi Cricket Stadium in the northern Pakistani city was called off at 5:10pm local time (12:10 GMT), over five hours after the scheduled start time on Tuesday. Light rain through the day left pools of water on the covers and the outfield, making the prospect of play…

Celsius CEO John Fieldly told CNBC’s Jim Cramer on Monday that sugar-free category is a dominant force on the energy drink market and detailed his company’s growth trajectory after a recent acquisition.”For the first time in 2024, sugar free is the largest segment of the energy drink category, and you’re looking at one of the best portfolios to compete head-to-head,” Fieldly said.Investors were impressed by Celsius’ recent quarter and its agreement to buy Alani Nutrition, a rival company known for female-focused energy drink brand Alani Nu, which is popular with social media influencers. The company said it’s set to buy…

Pra-chid | Istock | Getty ImagesWith tax season well underway, you may be eager for strategies to reduce your 2024 taxes or boost your refund. However, there are limited options, especially for so-called “W-2 employees” who earn wages, experts say.After Dec. 31, there are “very few” tax moves left for the previous year, according to Boston-area certified financial planner and enrolled agent Catherine Valega, founder of Green Bee Advisory.More from Personal Finance:1 in 5 Americans are ‘doom spending’ — here’s how that can backfireThis tax break for retirement savers is a ‘well-kept secret,’ expert saysDon’t wait to file your taxes…

Germany’s Scholz rebukes JD Vance over hate speech, far rightGerman Chancellor Olaf Scholz delivered a strong rebuke to JD Vance on Saturday, after the U.S. Vice President attacked Europe’s stance toward hate speech and the far right. Speaking at the Munich Security Conference, Scholz defended German political parties’ decision to not work with the far right.An extreme right-wing German party endorsed by Elon Musk and Vice President JD Vance surged in the country’s Sunday election, winning the broadest support of any far-right party in Germany since World War II.Alternative for Germany (AfD) came in second with 20% of the vote,…

For the third year in a row, CNBC is working with market research firm Statista to list the world’s top financial technology companies.Including startups, scaleups and established tech players, the top global fintech list aims to assess companies using an objective, key performance indicator-based methodology.You can find out more information on the research project and methodology by clicking here.Woman using digital tablet and credit card to do shopping.John Lamb | Digital Vision | Getty ImagesApplications are now open for companies to register their information for consideration by Statista’s researchers. To qualify, a company must focus primarily on developing innovative, technology-based financial…

Why AMC Entertainment (AMC) Stock Is Up Today Shares of theater company AMC Entertainment (NYSE:AMC) jumped 6.1% in the pre-market session after the company posted a strong fourth-quarter 2024 performance, far surpassing analysts’ EBITDA forecasts, with adjusted EBITDA more than tripling from last year. Revenue also beat Wall Street estimates, fueled by a strong box office lineup and a 20% jump in attendance. However, despite solid revenue and EBITDA gains, EPS fell well below expectations. Overall, this was a mixed yet decent quarter. The shares closed the day at $3.28, down 0.2% from previous close. Is now the time to…

Apple on Friday released its first developer beta for iOS 18.4, which adds a new “Priority Notifications” feature, powered by Apple Intelligence. The addition aims to help users manage their notifications by prioritizing important alerts and minimizing distractions from less important ones.  These priority notifications are displayed in a separate section on the phone’s Lock Screen. Apple Intelligence will analyze which notifications it believes should be shown in this section, but you can still swipe up to view all of your notifications.  Currently, the iPhone will sort notifications chronologically, with the most recent alerts displayed on top. With the new…