Wholesale egg prices have ‘collapsed.’ Why consumers may soon see relief

Egg shelves in New York on Jan. 21, 2023 with a note apologizing to customers for the price increase. Fatih Aktas/Anadolu Agency via Getty Images Wholesale egg prices have cratered in recent weeks from record highs, meaning consumers may soon see relief at the grocery store. But the dynamics of egg pricing from the wholesale … Read more

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Pro Picks: Watch all of Tuesday’s big stock calls on CNBC

Market Movers rounds up the best trade ideas from investors and analysts throughout the day. The pros discussed Activision Blizzard . The video game company beat revenue expectations for the latest quarter and closed the day up more than 5%. Ritholtz Wealth Management’s Josh Brown talked about Berkshire Hathaway . UBS said the company’s shares … Read more

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Microsoft CEO Nadella calls AI-powered search biggest thing for company since cloud 15 years ago

Microsoft CEO Satya Nadella said on Tuesday that search powered by artificial intelligence is the biggest thing to happen to his company in the nine years he’s been at the helm. “I have not seen something like this since I would say 2007-2008, when the cloud was just first coming out,” Nadella told CNBC’s Jon … Read more

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Al Hilal shock Flamengo with 3-2 win in Club World Cup semifinal | CNN

Reuters  —  Saudi Arabia’s Al Hilal stunned South American champions Flamengo to reach the Club World Cup final with a 3-2 victory on Tuesday thanks to two penalties from Salem Al Dawsari and a close-range strike from Luciano Vietto. Al Dawsari’s perfectly placed spot-kick gave Al Hilal the lead in the first minutes of the … Read more

View More Al Hilal shock Flamengo with 3-2 win in Club World Cup semifinal | CNN

Mudslides smash 5 villages in Peru; death toll lowered to 12

Comment on this story Comment SECOCHA, Peru — Residents of five small gold-mining villages in southern Peru’s Arequipa region struggled Tuesday to salvage belongings after landslides caused by strong rains killed at least 12 people and dragged mud, water and rocks that turned precarious homes and other buildings into rubble. In the Mariano Nicolás Valcárcel … Read more

View More Mudslides smash 5 villages in Peru; death toll lowered to 12