Mike Bloomberg’s presidential campaign is taking a page out of President Donald Trump’s book and trying to meet voters where they are. In this case, in the Instagram posts of accounts like “TrashCanPaul” or “S***headSteve.” “Can you make a viral meme to let the younger demographic know I’m the cool candidate?” “yes this is really #sponsored” by the Bloomberg campaign). Bloomberg’s campaign has been playing in new spaces to reach younger consumers.

On Thursday, Tesla acknowledged that the COVID-19, or coronavirus outbreak in and beyond China may have a material adverse impact on their business in an annual financial filing. In the Risk Factors section of the 2019 10-K filing, they included — for the first time ever — a mention of “health epidemics.” Board member Larry Ellison will buy up to $1 million worth of those shares, and CEO Elon Musk will purchase up to $10 million worth. Tesla shares popped earlier this week when the company re-

New York Times’ Taylor Lorenz on Bloomberg’s meme ad purchasesTaylor Lorenz of The New York Times joins CNBC’s “Power Lunch” team to break down how Democratic presidential candidate Mike Bloomberg is paying social media influencers to post memes about him.

Wedbush Securities analyst on Nvidia’s Q4 earningsMatthew Bryson of Wedbush Securities joins “Closing Bell” to talk about Nvidia Q4 numbers.

Watching extended family members and friends lose their homes during the Great Recession had a profound impact on Jack Washington. This savings mentality has manifested from the time Washington was in high school, when he began considering what he wanted for his future. Though he lives with his wife, LaTaya, Washington paid off the full amount of the mortgage with his own investments and savings. “They didn’t have work life balance, and I knew that I did not want that to be me.” Had he taken the

The number of rich people around the world shot up in 2019. (In the United States, that is the Federal Reserve Bank.) There were 969,075 very rich individuals in the United States in 2019, up 15.9% from the year earlier. China had the second highest number of very high net worth individuals, with 259,830; it was followed by Japan with 186,250 and Germany with 129,875. Taken together, the combined net worth of these very rich individuals rose by more than 10% to $26.6 trillion in 2019, Wealth-X s

Fed nominee Shelton has said questionable, unconventional things: EconomistCNBC’s “Closing Bell” team discusses Trump’s Federal Reserve nominees with Michelle Meyer of Bank of America Global Research and David Rosenberg of Rosenberg Research.

Coronavirus cases soar beyond 60,000 and China installs a disinfectant tunnelCoronavirus cases around the world are now at more than 60,000. China has started counting ‘clinically diagnosed’ cases which lead to an additional 13,332 cases. A disinfectant tunnel was installed in the city of Chongqing to spray employees before they head to work as a preventative measure.

Retail salesThe Census Bureau will release its retail sales data for January on Friday morning, giving investors a closer look at what has been the strongest part of the United States economy. The latest report showed sales of general merchandise rising but auto sales declining, with total retail sales of $529.6 billion. Consumer sentimentThe University of Michigan will release its preliminary sentiment reading for February just after the bell opens. Consumer sentiment was at 99.8 in January, be

Google Cloud is turning to a traditional enterprise sales model as it takes on front-runners Amazon and Microsoft: separate services by industry and go straight to c-suites. Before Google, Kurian worked as at Oracle for more than 20 years. At Google, Kurian is focused on selling to the C-suite — CEOs, chief digital officers, chief information officers, and chief information security officers. Alphabet is counting on Google Cloud and other newer businesses to bring in the revenue it loses amid a

The U.S. Senate backed legislation on Thursday to limit President Donald Trump’s ability to wage war against Iran, rebuking him after a strike against an Iranian military commander and Tehran’s retaliation last month raised fears of broader regional conflict. Eight of Trump’s fellow Republicans joined Democrats to pass the war powers resolution by 55-45. Trump has promised a veto and there is not expected to be enough support in the Senate to muster the two-thirds majority to override. Republica

Tesla has a long way to go before it justifies its current stock price, New York University finance professor Aswath Damodaran told CNBC on Thursday. On Thursday, after Tesla announced it plans a $2 billion common stock offering, shares fell initially then rose 5% to around $807. Damodaran had been invested in Tesla but sold his shares when the stock hit $640. Ives has a price target of $1,000 on Tesla, while Wood has a five-year price target of $7,000 per share. For Tesla to justify additional

Roku reported earnings for its fourth quarter of 2019 Thursday that beat analyst estimates for quarterly revenue and included a lower loss per share than analysts expected. Shares of Roku rose as much as 9% after hours on the report but later settled around 5%. Roku reported average revenue per user (ARPU) of $23.14 on a trailing 12-month basis, an increase of $5.19 or 29% year-over-year. Analysts expected 2020 revenue to come in at $1.58 billion, according to a Refinitiv survey. Analysts antici

Pinterest CEO Ben Silbermann speaks in conversation with Matthew Lynley of TechCrunch during the TechCrunch Disrupt SF 2017 on September 18, 2017 in San Francisco, California. Pinterest shares slid more than 4% in after-hours trading on Thursday after news broke that Facebook has released a competing app. The new app is called Hobbi and was released in Colombia, Belgium, Spain and the Ukraine, according to The Information, which was the first to spot the new Facebook product. “Organize your phot

I have never in my career seen anything as crazy as what’s going on right now,” Minerd said. The U.S. stock market has shrugged off the initial sell-off that occurred as the outbreak gained steam, and bond yields continue to hug historical lows. Minerd pointed to low yields for bonds rated BBB or lower and oversubscribed sales of new bonds as examples of a credit market that is overly bullish. However, whether caused by the coronavirus or some other economic shock, the market will eventually cor

Attorney General William Barr said Thursday that President Donald Trump should stop tweeting about the Department of Justice, complaining that the president’s comments “make it impossible for me to do my job.” “I’m going to do what I think is right,” Barr said. President Trump uses social media very effectively to fight for the American people against injustices in our country, including the fake news. The President has full faith and confidence in Attorney General Barr to do his job and uphold

Production at Impossible Foods’ Oakland, California, plant Source: Impossible FoodsImpossible Foods has claimed a spot on the menus of fast-food chains like Restaurant Brands International’s Burger King and White Castle, making it a major player in the growing alternative meat market. Unlike its biggest competitor Beyond Meat, which touts Non-GMO Project verification for all its plant-based proteins, Impossible Foods uses multiple genetically modified ingredients. Impossible Foods has written ex

Mike Bloomberg buys meme ads from influencers—Here’s what they look likeDemocratic presidential candidate Mike Bloomberg was recently the subject of several satirical memes uploaded to Instagram. Meme aggregator Jerry Media shared Bloomberg’s message asking for a “meme that lets everyone know I’m the cool candidate.” A spokesperson said the billionaire has “teamed up with social creators to collaborate with the campaign, including the meme world.”

And that’s among people who are employed and typically have health insurance, Dan Macklin, Salary Finance’s U.S. CEO and co-founder of SoFi, tells CNBC Make It. “Even if people have insurance, their deductibles are going up and people are spending more on health care,” he says. It’s not surprising, then, that 45% of survey respondents say they feel worried or stressed when thinking about health care costs. A third report they have avoided going to the doctor and getting medical care due to the c

Beginner investors considering using a robo-advisor have no shortage of options, with digital upstarts like Wealthfront and Ellevest competing with the old guard of Vanguard and Fidelity to invest your money. But the best option for newbies is Betterment, a new report finds. You simply answer a few questions about your goals and risk tolerance, and an algorithm determines how to best invest your money. One important note: Betterment’s management fee is in addition to any fees charged by the fund