CNBC Daily Open: Shiny Meta
Artificial intelligence is helping Meta top its rivals in targeting customers on its various online platforms, improving ad effectiveness.
Nasdaq tumbles 1.7% Thursday, descending further into correction territory: Live updates
The major averages are coming off of Wednesday’s notable losses.
Mattel says Barbie sales grew 16% as blockbuster movie became a phenomenon
Mattel reported earnings and revenue that came in higher than Wall Street’s expectations.
Where Hamas gets its money and why it’s so hard to stop, even as the U.S. steps up efforts
The U.S. is ramping up efforts to cut off funding to Hamas, the group behind this month’s terrorist attacks in Israel.
92% of American adults say they prefer to date people who’ve been to therapy, survey shows
Deal breakers in dating are typically tied to core values like marriage and children. But now whether or not you’ve been to therapy may be just as important.
California Gov. Gavin Newsom meets with China’s Xi Jinping to partner on climate agenda
Relations between China and the United States at large are fragile due to trade tensions and other issues.
Morgan Stanley’s stock playbook for this slowing, ‘late-cycle’ economy
The firm recommended a “barbell” of traditional defensive stocks, some select growth opportunities and late-cycle cyclical names.
Jefferies analyst says Microsoft can take cloud market share away from Amazon
Brent Thill believes Microsoft has the upper hand in taking cloud market share, which should also help the firm’s artificial intelligence story.
How to play Alphabet’s stock after its worst slide in more than a year, according to Wall Street
Wall Street weighs in on Alphabet’s cloud disappointment and what it means for the Google parent’s shares.
Alphabet’s stock has its worst day since start of the Covid pandemic in March 2020
Google’s Cloud revenue miss came in stark contrast to Microsoft’s earnings, which showed accelerated growth in its Intelligent Cloud business.