Jakub Porzyck | Nurphoto | Getty Images Global semiconductor stocks climbed Monday after contract electronics giant Foxconn announced record fourth-quarter revenue, suggesting the artificial intelligence boom has far more room to run. Hon Hai Precision Industry, which does business as Foxconn internationally, said in a Sunday statement that the company’s fourth-quarter revenue totaled 2.1 trillion…
2025 Ram 2500 Heavy Duty Ram DETROIT — Stellantis has redesigned its large Ram heavy-duty trucks — and it’s betting those updates will help reverse three consecutive years of sales declines for the brand. The new Ram 2500 and 3500 pickups and chassis cab trucks feature updated interior and exterior designs, as well as a…
Gipi23 | E+ | Getty Images A penalty ‘for maxing out too early’ Lump-sum investing, or putting larger amounts of money to work sooner, maximizes time in the market, which can increase growth potential, according to research from Vanguard released in 2023. But it’s important to understand your 401(k) plan before front-loading contributions, because not…
The heyday of Chrysler appears long gone. A series of mergers has turned the once-ubiquitous Chrysler Corporation into a piece of the larger Euro-American automaker Stellantis. Once a relatively diversified brand, with sedans, SUVs and even a convertible, Chrysler now has only two models, both of them different versions of the same minivan. The Chrysler…
Airplanes on the tarmac during a snow storm at Ronald Reagan Washington National Airport in Arlington, Virginia, US, on Monday, Jan. 6, 2025. Ting Shen | Bloomberg | Getty Images Thousands of flights were disrupted Monday as a winter storm moved eastward, snarling air travel in the eastern U.S. By 5:45 p.m. ET, more than…
CNBC’s Jim Cramer reviewed Monday’s market action and gave his take on why a large swath of stocks are notching losses, focusing on bruised sectors like consumer goods. “This is a market that rewards growth regardless of price,” he said. “So, people will pay up for tech growth, which is all about real demand and…
Jonathan Raa | Nurphoto | Getty Images Shares of Chinese tech heavyweight Tencent Holdings tumbled 5.4% in Hong Kong after the company was added to a list of “Chinese military companies” by the U.S. Department of Defense. The move follows a near 8% fall in Tencent’s U.S. depository receipts on Wall Street. Other Chinese companies…
Mark Zuckerberg posing with UFC president Dana White during a UFC Fight Night event. Jeff Bottari | Ufc | Getty Images Dana White, CEO of the Ultimate Fighting Championship and a longtime friend of President-elect Donald Trump, is joining the board of Facebook parent Meta two weeks before the new Trump administration begins. Meta CEO…
After Akio Toyoda, CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and his business philosophy. Photo by Yoshikazu Tsuno | Gamma-rapho | Getty Images LAS VEGAS — Toyota Motor is exploring the development and production of orbital rockets, Chairman Akio Toyoda said Monday. The…
People walk past an Ulta Beauty store in the Manhattan borough of New York City on March 8, 2022. Carlo Allegri | Reuters Ulta Beauty CEO Dave Kimbell is retiring and will be replaced by the retailer’s Chief Operating Officer Kecia Steelman, the company announced Monday. Ulta said in a news release that the leadership…
