What Is Waze? Waze is a community-driven map app designed by an Israeli company that was acquired by Google (GOOG) in 2013. Waze uses data from app users to provide quicker navigation routes. Data is submitted both automatically as users drive around (using speeds determined by GPS signals) and can be manually entered on the
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Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Monday, Oct. 18, 2021. Kyle Grillot | Bloomberg | Getty Images Cathie Wood — known for her innovation ETFs that garnered billions in inflows during the pandemic — said Ark Invest is internally
In this article M FTCH Betsie Van der Meer | DigitalVision | Getty Images With holiday shopping on my mind and Black Friday in plain sight, I’m laser-focused on the retail sector and its participation in my clients’ investment portfolios. Last week was big for consumers: October retail sales numbers beat expectations, and we had
Wholesaler retailers Costco and Sam’s Club are renowned for their competitively low prices, bulk products, and no-frills shopping experience. Both sell pretty much everything imaginable in a warehouse setting. At first glance, it can be difficult to determine which of the two is the better option. These two bulk retailers shelve a similar range of
In this article TSLA AAPL Closely watched money manager Cathie Wood told CNBC on Wednesday that Apple could have owned the driverless vehicle market by purchasing Tesla when given the chance during the electric vehicle maker’s troubled Model 3 ramp-up. “We’ve been watching Apple very carefully for years now. Because what is an autonomous vehicle?
In this article RKLB A look at the company’s production floor shows a series of Electron boosters, with the typical black carbon fiber rockets in the foreground and a metallic-looking reusable booster in the center. Rocket Lab Rocket Lab CEO Peter Beck was once confident that his company would never reuse its rockets like Elon
It is not exactly a return of the JEDI, but it could still boost Microsoft Corporation’s (MSFT) bottom line. Microsoft is one of the two beneficiaries of a Pentagon cloud computing contract to modernize IT systems. The government agency is soliciting bids for its Joint Warfighting Cloud Capability (JWCC) program, a replacement to the $10 billion
NASA’s Double Asteroid Redirection Test (DART) spacecraft is put in the nosecone of SpaceX’s Falcon 9 rocket in preparation for launch. Ed Whitma / Johns Hopkins APL / NASA Elon Musk’s SpaceX is set to launch a first-of-its-kind planetary defense mission for NASA in the early hours of Wednesday morning, sending the spacecraft on its
The SpaceX Falcon 9 rocket and Crew Dragon capsule on launch Pad 39A at NASA’s Kennedy Space Center on November 09, 2021 in Cape Canaveral, Florida. Joe Raedle | Getty Images The leadership of SpaceX’s rocket business has been shaken up, CNBC has learned, as two vice presidents have parted with the company. The changes
The earlier you start a Roth IRA, the better. But even when you’re close to retirement, opening this special retirement savings vehicle can still make sense under some circumstances. A Roth IRA is an individual retirement account (IRA) that allows certain distributions or withdrawals to be made on a tax-free basis, assuming specific conditions have
In this article ASTR The company’s rocket LV0007 lifts off from Pacific Spaceport Complex in Kodiak, Alaska on November 20, 2021. Astra Shares of rocket builder Astra surged in trading on Monday after the company reached orbit for the first time over the weekend. The company’s rocket LV0007 launched from the Pacific Spaceport Complex in
High-rise apartment buildings at China Evergrande Group’s under-construction Riverside Palace development in Taicang, Jiangsu province, China, on Friday, Sept. 24, 2021. Qilai Shen | Bloomberg | Getty Images Asian high-yield bonds have been a hot favorite among institutional investors for the last few years. Also known as junk bonds, they are non-investment grade debt securities
Educators have an unusual mix of potential income sources in retirement. As a teacher, you’re likely to be eligible for a defined-benefit pension plan. Whether you teach in a public school or nonprofit private school, you’ll also typically have access to a defined contribution retirement plan, such as a 403(b) or 457(b). However, unlike most
In this article GM WIX NFLX SQ NVDA The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021. Rebecca Cook | Reuters Earnings season is drawing to a close, and companies have offered investors and analysts insight into their plans for growth in the coming
In this article WMT TGT CNBC’s Jim Cramer said Target, like Walmart a day earlier, should not be trading lower because the big-box retailer’s quarterly results on Wednesday were “terrific.” “It is just a conundrum to see Target down $12 [or roughly 5%],” Cramer said, referring to the stock’s premarket decline at the end of
The quick answer is yes, you can have both a 401(k) and an individual retirement account (IRA) at the same time. Actually, it is quite common to have both types of accounts. These plans share similarities in that they offer the opportunity for tax-deferred savings (and, in the case of the Roth 401(k) or Roth
In this article DLTR People walk by a Dollar Tree store on December 11, 2018 in the Brooklyn borough of New York City. Spencer Platt | Getty Images News | Getty Images Company: Dollar Tree Inc. (DLTR) Business: Dollar Tree operates discount variety retail stores. It operates through two segments: Dollar Tree and Family Dollar.
CNBC’s Jim Cramer said Friday the recent market underperformance of non-tech stocks gives investors the chance to purchase names that do well when Americans spend their money. “What an opportunity to buy things that are being thrown away left and right,” Cramer said on “Squawk on the Street,” as Dow futures pointed to an over
Contributing to a tax-advantaged retirement account comes with rules that make it difficult to get your hands on your cash should you suddenly need it. These controls are one reason people can feel understandably reluctant to fund an individual retirement account (IRA) or 401(k) plan to the max each year, even though they know the
In this article M0Y-DE A rendering of the company’s laser communications system on satellites in orbit. Mynaric German laser communications company Mynaric listed on the Nasdaq in the past week and CEO Bulent Altan, a former SpaceX executive, spoke to CNBC about the company’s U.S. debut and plans for further growth. The company raised $75.9
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