After a whiplash in the major averages on Wednesday drove the stock market to soaring highs before it fell to tumultuous lows, CNBC’s Jim Cramer realized he needed to reevaluate. Stocks opened to a healthy rally in the morning, but by midday, the Dow had fallen over 250 points. Shortly after Cramer wrote a piece […]

Amazon has been hiring thousands of new employees each year, growing headcount by 40 percent a year. According to the Seattle Times, Amazon had 5,000 Seattle employees when it moved to downtown from a different neighborhood in 2010. As of August, it had more than 40,000 employees in the city. It occupies more than 13 […]

As the new owner of Whole Foods, Amazon is doing exactly what the grocery chain would’ve done on its own, but has the capital to do it faster, said Panera founder and former Whole Foods board member Ron Shaich. “What is Amazon doing that Whole Foods wasn’t going to do?” Shaich told CNBC for Fortt […]

Ford is expected to turn in financial results for the fourth quarter and full year of 2017 late Wednesday. Here’s what Wall Street expects: EPS: 42 cents, according to Thomson Reuters Revenue: $36.99 billion, according to Thomson Reuters In mid-January, Ford warned its earnings would be below Wall Street estimates. The second largest U.S. automaker […]

Consumers should not be concerned about their data if they choose to use Apple’s new way of storing medical records in their devices, former Apple CEO John Sculley told CNBC on Wednesday. Earlier that morning, Apple announced it was testing a new product that would let people view their medical records via mobile devices, such […]

Alphabet’s latest Google X business is in cybersecurity. On Wednesday, Google’s parent company introduced Chronicle and described it in a Medium post as a “new independent business within Alphabet that’s dedicated to helping companies find and stop cyber attacks before they cause harm.” Getting its start in X — the Google affiliate that has spawned […]

DJI is ready to tighten its grip on the drone market with the new Mavic Air. Announced today at an event in New York City, the $799 Mavic Air slots right in between the company’s cheapest drone (the $399 Spark) and its most capable prosumer model (the $999 Mavic Pro). It goes on sale January […]

One of Electronic Arts’ key games slated for this year is getting moved out to 2019, according to a gaming news site report. Kotaku’s Jason Schreier said “Anthem,” which was slated for a fall of 2018 release is now planned for a launch in early 2019, according to three people familiar with the project. The […]

Anthony Noto’s departure from Twitter could end up expanding Square CFO Sarah Friar’s role at the payments company, Stifel analyst Scott Devitt wrote in a note Wednesday. According to Devitt, Noto’s departure will cause Jack Dorsey, who currently holds CEO positions at both Twitter and Square, to spend more time at Twitter and less at […]

Facebook has hired a former White House official as its first Head of Cybersecurity Policy. Nathaniel Gleicher joined the company this month, according to his LinkedIn profile, from cybersecurity firm Illumio. The hire was first noted by cybersecurity website Cyberscoop. Gleicher did not immediately respond to a request for comment. Hiring of Gleicher comes as […]