Spotify, Tesla among stocks with earnings this week that could see big moves
Options market pricing suggests that traders expect these stocks to see big reactions to earnings.
Tesla reports second-quarter earnings on Tuesday and investors want a robotaxi update
Tesla’s second-quarter earnings call promise insight into CEO Elon Musk’s priorities after it reported its biggest revenue drop since 2012 in the first quarter.
Ether dips below $3,500 ahead of anticipated U.S. launch of spot ether ETFs: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
Buyout firm L Catterton approaches Mattel with acquisition offer, Reuters sources say
Mattel shares jumped 20% to $19.49 following the Reuters report of the approach, giving the toy maker a market value of $6.5 billion.
UK planned to spend 10 billion pounds on Rwanda asylum scheme, minister says
Britain’s previous government had planned to spend $12.9 billion on deporting asylum seekers to Rwanda, Home Secretary Yvette Cooper said on Monday.
CrowdStrike shares tumble as fallout from global tech outage continues
A faulty CrowdStrike software update was still impacting computers on Monday. The incident could hurt signings, Guggenheim Securities analysts warned.
Nvidia preparing version of new flagship AI chip for Chinese market, Reuters reports
Nvidia will work with Inspur, one of its major distributor partners in China, on the launch and distribution of the chip which is tentatively named the “B20.”
CNBC takes a tour of Ferrari’s new e-building
CNBC gained exclusive access to Ferrari’s HQ in Maranello, Italy, to explore the company’s new ventures into electrification. — Charlotte Reed, Vivi Vitalone, Ed Matthews and Itunu Olowookere contributed to this report.
Ryanair shares tumble 17.2% as budget airline reports 46% fall in quarterly profit, sees lower fares
Ryanair shares slid after the company said its quarterly profit after tax had fallen 46% and fares will be lower than expected in the summer months.
Here’s why China was largely unaffected by Friday’s IT outage
While businesses in the U.S. and Europe woke up Friday to a global IT outage that disrupted airports and hotels, China went into its weekend largely unaffected.
