Qualcomm CEO sees robotics as a ‘larger opportunity’ within 2 years
[ad_1] Qualcomm CEO Cristiano Amon delivers a keynote speech at Computex in Taipei, Taiwan, May 19, 2025. Ann Wang | Reuters BARCELONA, Spain — Robotics will become a “larger opportunity” for Qualcomm within the next two years, CEO Cristiano Amon told CNBC, as the chip giant continues its foray into areas beyond the smartphone. In […]
Target is set to report quarterly earnings, share turnaround plan. Here’s what to expect
[ad_1] Sign at the entrance to a Target store in Venice, Florida. Erik Mcgregor | Lightrocket | Getty Images Target plans to report its holiday-quarter earnings and share its expectations for the year ahead on Tuesday morning, as its new CEO lays out his strategy and tries to persuade Wall Street that the big-box retailer […]
Supreme Court bars redrawing only Republican-held NYC congressional district for 2026 election
[ad_1] People walk near the U.S. Supreme Court, where justices are expected to issue opinions in pending cases, in Washington, D.C., U.S., Feb. 25, 2026. Kylie Cooper | Reuters The Supreme Court on Monday issued an order effectively barring the redrawing of the boundary lines of the only congressional district in New York City currently […]
Emirates’ first flight out of Dubai since Iran strikes takes off
[ad_1] A passenger Mohd Umardaraz from Bijnor Uttar Pradesh stranded at Terminal-3 Delhi airport after his flight for Kuwait is cancelled due to airspace restrictions over Iran and parts of the Middle East on March 1, 2026 in New Delhi, India. Arvind Yadav | Hindustan Times | Getty Images The first Emirates flight out of […]
Steve Eisman says investors should ignore U.S.-Iran war, will be long-term ‘positive’
[ad_1] Steve Eisman of “The Big Short” fame said investors should ignore the U.S.-Iran war as it could be a long-term positive for markets. In fact, when the investor was asked Monday by CNBC’s Joe Kernen on “Squawk Box” whether he would change anything because of the conflict, he responded with, “Not a single trade.” […]
Why Novo Nordisk’s Ireland expansion is key to fighting off Eli Lilly
[ad_1] Novo Nordisk is investing 432 million euros ($506 million) in a facility in Ireland as it expands its production capacities to make the newly launched Wegovy pill, the Danish drugmaker said Monday. The news comes about two months after Novo launched its blockbuster weight loss drug Wegovy in pill form in the U.S. market, […]
Travel stocks sink after thousands of flights grounded following Iran strikes
[ad_1] A display board shows canceled flights to Dubai and Doha amid regional airspace closures at Noi Bai International Airport, amid the U.S.-Israel conflict with Iran, in Hanoi, Vietnam, March 2, 2026. Picture taken with a mobile phone. Thinh Nguyen | Reuters Airline and travel stocks fell Monday after airspace closures throughout the Middle East […]
Defense stocks jump as U.S., Iran exchange attacks
[ad_1] People visit a Lockheed Martin booth displaying a model of a military transport plane during an arms fair, in Hanoi, Vietnam, on Dec. 19, 2024. Khanh Vu | Reuters Global defense stocks jumped on Monday as investors reacted to a dramatic military escalation in the Middle East over the weekend. The sector was a […]
Oil soars amid Strait of Hormuz shipping fears as Iran war drives prices to nearly $80
[ad_1] Oil prices have soared after U.S. and Israeli strikes on Iran continued on Sunday night. Brent crude prices hit a new 52-week high on Monday, surging 9.3% to reach $79.40, while U.S. West Texas Intermediate prices also rose more than 9% to $73.10. U.S. President Donald Trump said the “overwhelming military offensive” — which […]
It’s peak days for the ‘overlay everything’ trade as demand for income rises in volatile market
[ad_1] There were plenty of reasons for investors to be on edge in the current setup for stocks even before the U.S. and Israel launched a major military campaign against Iran over the weekend. The month of February, and midterm election years in particular, have a history of being bad for stocks. The cash drain […]