Chegg shares tank on CEO’s AI warning
Shares of Chegg Inc. are lower on Tuesday after chief executive Dan Rosensweig said OpenAI's ChatGPT technology interfered with new customer growth at the company.
First Republic fate, Apple earnings, jobs data and Fed decision top week ahead
First Republic's future, the Federal Reserve's decision on interest rates and Apple earnings are just a few of the big market moving events ahead for investors in the coming week.
Tech stocks, markets saw a ‘micro-soft’ landing: Ben Levisohn
Ben Levisohn, Carleton English and Andrew Barry discuss the markets ahead of the Federal Reserve meeting, bank earnings and J&J launching an IPO.
US Steel benefits from Q1 oil earnings boom
U.S. Steel President and CEO David Burritt tells ‘The Claman Countdown’ that he is ‘bullish’ on steel’s future, calling it ‘incredibly bright.’
Market expectations lowered, making them easier for companies to reach in Q1 earnings
CAZ Investments CIO Christopher Zook tells ‘Mornings with Maria’ that tech stocks expectations are ‘too high’ and ‘hope’ is not a good investment strategy.
First Republic shares lost 93% of their value, 40% of deposits in Q1
Janney Managing Director Timothy Coffey tells ‘The Claman Countdown’ that First Republic Bank needs to ‘sell assets’ and raise capital but says nobody wants to put their losses onto their own books.
Amazon’s subscription services segment is expected to report $21.18B in revenue for first quarter earnings
Neuberger Berman senior research analyst Daniel Flax and OptionsPlay director of education and product Jessica Inskip debate Amazon ahead of its Q1 earnings report.
Kyle Wool: 'The Fed has done a 'pretty good job breaking inflation'
Dominari Financial CEO Kyle Wool assesses the earnings period, discusses his outlook for markets and the Q1 GDP reading, and previews the March PCE.
Bill Gates grows fortune by $2B in one day
Microsoft founder and CEO Bill Gates added $2 billion to his existing fortune after the company reported better-than-expected earnings on Tuesday afternoon.
Stephanie Pomboy shares her ‘real concern’ for the US economy: 'This is uncharted territory'
Macro Mavens President Stephanie Pomboy discusses the first quarter earnings season and shares her macro view of the U.S. economy on ‘Mornings with Maria.’
Norfolk Southern racks up initial $387 million charge for Ohio disaster
Norfolk Southern said Wednesday how large the initial financial charge was that it is accruing in connection to the derailment in Ohio's East Palestine area.
David Dietze warns investors to be 'cautious' with AI-oriented stocks
Peapack Private Wealth Management's David Dietze discusses market expectations and tech stocks, warning that investors need to be careful with AI-oriented shares.
Chipotle shares hit record as price hikes pay off
Chipotle Mexican Grill reported strong-than-expected first-quarter results, sending the fast-casual Mexican restaurant chain's shares soaring to a new record.
As long as the Fed keeps hiking, bills will keep ‘going higher’: Frank Rybinski
Chief macro strategist at Aegon Asset Management Frank Rybinski joined ‘The Claman Countdown’ to survey the stock market in anticipation of earnings season.
Growth is slowing ‘drastically’ in the tech sector: Ryan Payne
Payne Capital Management President Ryan Payne and Bullseye American Ingenuity Fund portfolio manager Adam Johnson joined ‘Mornings with Maria’ to assess Big Tech earnings.
Xerox's Steve Bandrowczak: AI, augmented reality help customers in today's hybrid workplace
Xerox CEO Steve Bandrowczak discusses the company's Q1 profit beat and his relationship with activist investor Carl Icahn on 'The Claman Countdown.'
Recession has been postponed, Fed at end of rate hike marathon: Lourenco Goncalves
Cleveland-Cliffs Chairman and CEO Lourenco Goncalves discusses the demand for American-produced steel and the steelmaker's relationship with the auto sector on 'The Claman Countdown.'
3M to cut 6,000 jobs in second round of layoffs this year
The workforce reductions are in addition to the 2,500 manufacturing jobs the company said it would eliminate in January. 3M had 92,000 employees at the end of 2022.
McDonald’s customers still ‘lovin it’ despite price hikes
McDonald's customers kept at it last quarter despite inflation and higher prices at the fast food giant.
PepsiCo hikes prices, consumer demand steady for drinks, snacks
PepsiCo’s first-quarter earnings beat Wall Street expectations after strong consumer demand for soda and snacks, and as the company raised its prices to combat high inflation.