Netflix shares climb nearly 14% in premarket trade on strong subscriber growth
The company added 8.8 million subscribers after its crackdown on password sharing and cheaper, ad-supported platform.
Nestle misses nine-month sales estimates, expects volume upturn by year-end
Nestle posted lower-than-expected nine-month sales growth Thursday as higher product prices impacted shoppers.
Google to manufacture smartphones in India starting with Pixel 8
Alphabet will start manufacturing in India and will partner with international and domestic manufacturers to produce its Pixel smartphones locally.
Coinbase picks Ireland as its main EU regulatory hub as U.S. authorities go on the offensive
Cryptocurrency exchange Coinbase has chosen Ireland as its main operational and regulatory hub in the European Union, the company told CNBC exclusively.
A ‘revolution’ is coming: CEO shares the challenges and opportunities in autonomous trucking
KargoBot chief Junqing Wei was speaking at CNBC’s East Tech West conference in China.
World’s largest chipmaker TSMC sees biggest drop in profit in nearly five years
TSMC posted a third quarter profit of NT$211 billion – its largest profit decline since first quarter 2019 – as weak demand for consumer electronics persists.
CNBC Daily Open: Earnings in full swing, Treasury yields hit new highs
U.S. stock markets slid against rising Treasury yields, which touched 2007 highs, and as earnings season kicks into full swing.
Nokia to cut up to 14,000 jobs after 69% profit plunge
Nokia said it would cut up to 14,000 jobs as part of a cost cutting plan following third quarter earnings that plunged.
Wind-powered cargo ships with sail-like ‘wings’ could reduce fuel use by 30%
The Pyxis Ocean, a bulk carrier that looks like any other dry cargo vessel, but with a difference: it is fitted with two large, rigid sails known as WindWings.
‘Deep and dangerous abyss’: UN envoy warns Middle East is on the brink
The Israel-Hamas conflict is pushing the Middle East region onto the precipice of a “dangerous abyss,” said a United Nations official.