CNBC Crypto World

Cryptocurrencies have sparked interest and enthusiasm among a new wave of investors worldwide. With popular options like Bitcoin and Ethereum, along with an expanding array of altcoins, it's clear that the unpredictable and dynamic crypto landscape keeps everyone—from investors to regulators—on their toes. Increasingly, traditional companies are exploring cryptocurrencies and related technologies as a means to enter new markets or even establish entirely new ones in virtual environments. CNBC Crypto World delivers the latest news and daily trading updates from the digital currency sector, offering insights into future trends through exclusive interviews, informative segments, and compelling stories from the rapidly evolving world of cryptocurrency.

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SK Hynix quarterly profit soars 158% to top estimates as chip demand surges on AI boom

1 day ago | cnbc.com | Dylan Butts

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Deutsche Bank lays out 4 reasons why Tesla is rallying despite those terrible results

1 day ago | cnbc.com | Pia Singh

Investors think the worst could be over for Tesla , judging by the stock's post-earnings rally. Deutsche Bank has a few reasons that may explain why this is happening. Analyst Edison Yu reiterated his buy rating and $345 price target on Tesla shares, suggesting the stock could gain about 45% from Tuesday's close. The stock is down 39% in 2025, after suffering its worst quarterly drop since 2022 in the first quarter.
Tesla stock pops after Trump comments on China tariffs and Powell, despite weak earnings

1 day ago | cnbc.com | Samantha Subin

US President Donald Trump and Tesla CEO Elon Musk, alongside Musk's son X Æ A-Xii, speak to the press as they stand next to a Tesla vehicle on the South Portico of the White House on March 11, 2025 in Washington, DC. Tesla shares popped 5% after CEO Elon Musk suggested that he will spend more time at the company and tariff optimism from the White House lifted broader investor sentiment.
YouTube turns 20 and is on track to be the biggest media company by revenue

1 day ago | cnbc.com | Zach Vallese

Twenty years ago today when Jawed Karim uploaded a grainy 19-second clip titled "Me at the Zoo" to his new platform, YouTube, he ushered in a new era in online video. The video of Karim visiting the San Diego Zoo was the first to appear on YouTube, the video platform founded by him, Steve Chen and Chad Hurley. The trio sold the service to Google in 2006 for $1.65 billion, and in the nearly two decades since, YouTube has evolved from a simple video-sharing site into a global media juggernaut.
Several Wall Street shops trim their Apple price targets ahead of earnings next week

1 day ago | cnbc.com | Alex Harring

With Apple's earnings report on the horizon, multiple Wall Street analysts cut down their price targets for the technology titan. Goldman Sachs, UBS and Wells Fargo all slashed their targets for the stock ahead of the company's report next week. Apple's earnings release comes at an important moment for the company, with investors concerned about potential impacts from tariffs and broader economic uncertainty.
Tesla gets a slew of price target cuts after big earnings miss

1 day ago | cnbc.com | Alex Harring

After Tesla's first-quarter earnings miss, Wall Street analysts are wondering what's next for the electric vehicle giant. Tesla earned an adjusted 27 cents per share on $19.34 billion in the first quarter, while analysts polled by LSEG forecasted 39 cents earned and $21.11 billion in revenue. The company said it would "revisit" its guidance in the second quarter update. The report comes as Tesla faces protests across the world following CEO Elon Musk's foray into conservative politics.
Bernstein says there's a buying opportunity in this fast casual food chain that can rally 40%

1 day ago | cnbc.com | Alex Harring

Bernstein sees the recent pullback in Cava shares as overdone. Analyst Danilo Gargiulo upgraded shares of the fast-casual restaurant chain to outperform from market perform. Gargiulo's $115 price target implies 41.5% upside over Tuesday's closing level. "We believe the market is overly discounting near-term risks while under-valuing the long-term growth story," Gargiulo said in a Wednesday note to clients. Cava's stock popped more than 4% in Wednesday premarket trading following the upgrade.
Apple fined $571 million and Meta $228 million for breaching European Union antitrust rules

1 day ago | cnbc.com | Ryan Browne

Facebook and Instagram icons are seen displayed on an iPhone. The European Union on Wednesday fined Apple and Meta hundreds of millions of euros each for breaching the bloc's digital competition laws. The European Commission, which is the executive body of the EU, said it was fining Apple 500 million euros ($571 million) and Meta 200 million euros ($228.4 million) for breaches of the Digital Markets Act (DMA). This is a breaking news story. Please check back for updates.
Tesla's Optimus humanoid robots hit by China's rare earth restrictions, says Musk

1 day ago | cnbc.com | Dylan Butts

A mockup of Tesla Inc.'s planned humanoid robot Optimus on display during the Seoul Mobility Show in Goyang, South Korea, on Thursday, March 30, 2023. The motor show will continue through April 9. Photographer: SeongJoon Cho/Bloomberg via Getty ImagesTesla CEO Elon Musk says China's new trade restrictions on rare earth magnets have affected the production of the company's Optimus humanoid robots, which rely on the exports.
Tesla is ‘carefully’ working on its India entry amid tariff concerns, says CFO

2 days ago | cnbc.com | Dylan Butts

Elon Musk meets with Indian Prime Minister Narendra Modi at Blair House in Washington DC, USA on February 13, 2025. Tesla is cautiously navigating an entry into India, CFO Vaibhav Taneja said on Tuesday in the U.S., as the electric vehicle maker faces falling sales and tariff threats.