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Browsing Category
Business
‘Ghost job’ postings add another layer of uncertainty to stalled jobs picture
A "We're Hiring" sign at the Appalachian State University internship and job fair in Boone, North Carolina, US, on Friday, Oct. 24, 2025.Allison Joyce | Bloomberg | Getty ImagesJudging by current data, you'd think there's literally a job…
Sony raises profit forecast after earnings beat, lifted by music and imaging divisions
The Sony Group Corp. logo displayed on a screen at the Combined Exhibition of Advanced Technologies (Ceatec) in Chiba, Japan, on Wednesday, Oct. 16, 2024. Bloomberg | Bloomberg | Getty ImagesSony Group on Tuesday posted a…
DoorDash, Duolingo show Wall Street doesn’t love AI spending equally
Duolingo, Doordash and Roblox appsTiffany Heard-Grear | Bloomberg | Getty ImagesAcross the tech sector this earnings season, companies told Wall Street to get ready for ramped up spending as the artificial intelligence boom accelerates.But…
Stocks are buoying wealthy sentiment. A labor market break could end that
Shoppers look at a canned fish display Nov. 4, 2025 at the Market 32 Supermarket in South Burlington, Vermont.Robert Nickelsberg | Getty ImagesAs stock market investors support economic sentiment, some economists wonder if a looser labor…
SoftBank earnings report 2Q
The logo of Japanese company SoftBank Group is seen outside the company's headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty ImagesSoftBank's continued push into AI with investments in ChatGPT maker OpenAI and PayPay…
Paramount Skydance expects another $1B in merger savings
Paramount Global and Skydance logos are seen in this illustration taken December 17, 2024. Dado Ruvic | ReutersParamount Skydance said on Monday it expects $1 billion more in merger savings than it previously forecast as it outlines CEO…
CoreWeave (CRWV) Q3 earnings report 2025
Michael Intrator, co-founder and chief executive officer of CoreWeave, center, appears at the Nasdaq MarketSite in New York on March 28, 2025. CoreWeave raised $1.5 billion in its initial public offering, a downsized deal that reflects how…
Instacart (CART) earnings Q3 2025
The Instacart logo is seen on a smartphone and on a PC screen.Pavlo Gonchar | SOPA Images | Lightrocket | Getty ImagesInstacart's stock rose more than 8% before the bell Monday after the grocery delivery platform topped third-quarter…
Nexperia parent shares jump 6% as Beijing signals thaw in tensions with Netherlands
This photograph shows a general view of Nexperia headquarters in Nijmegen on November 6, 2025.John Thys | Afp | Getty Images Shares of Wingtech Technology, parent company of chipmaker Nexperia, extended gains on Monday after Beijing agreed…
Here’s our price target and rating on Qnity, our newest stock to ride the AI chip boom
Call us believers in the Qnity Electronics story. We're instituting a buy-equivalent 1 rating and price target of $110 a share on the newly public DuPont spin-off — betting there's plenty of upside ahead thanks to Qnity's exposure to…
What caused the stock market’s lackluster week — plus, an earnings season update
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets : Stocks erased much of their losses Friday but were still…
Federal employees are losing shopping interest
Affirm CEO Max Levchin said Friday that while the buy now, pay later firm isn't seeing credit stress among federally employed borrowers due to the government shutdown, there are signs of a change in shopping habits."We are seeing a very…
Block stock sinks after third quarter results miss estimates
Block shares fell 10% Friday after weak third-quarter earnings fell short of Wall Street expectations and showed slowing profit growth for the company's Square service.Here is how the company did compared with LSEG estimates:Earnings per…
Consumer sentiment nears lowest level ever as worries build over shutdown
Volunteers load boxes of food into cars during an event held by the Community FoodBank of New Jersey in partnership with Bergen County to deliver emergency food relief to Federal workers and SNAP recipients amid the U.S. government shutdown…
Archer stock tanks 12% after share sale, LA-area airport purchase
Courtesy: Archer AviationArcher Aviation's stock plummeted 12% after a share sale overshadowed a narrower-than-expected third-quarter loss.The company posted a net loss $129.9 million, narrower than the FactSet estimate of a $178.6 million…
Texas Roadhouse is in a tough spot but still delivering on everything it can control
Texas Roadhouse on Thursday evening reported a mixed third quarter as stubbornly high beef prices continued to weigh on profitability, overshadowing what was otherwise the highest quarterly revenue, same-store sales, and traffic growth of…
Airbnb (ABNB) Q3 results 2025
Shares of Airbnb rose as much as 5% in extended trading on Thursday after the company reported third-quarter results that beat analysts' estimates for revenue and offered rosy guidance.Here's how the company did based on average analysts'…
Peloton (PTON) earnings Q1 2026
A Peloton stationary bicycle inside a store in Palo Alto, California, US, on Monday, Aug. 5, 2024. David Paul Morris | Bloomberg | Getty ImagesPeloton on Thursday posted its second profitable quarter in a row as it released strong guidance…
Take Two sinks 10% on delay of Grand Theft Auto VI to November 2026
Chris Delmas | AFP | Getty ImagesShares of Take-Two Interactive Software sank 10% during after-hours trading on Thursday after Rockstar Games announced a further delay in the release of Grand Theft Auto VI to November 2026."We are sorry for…
Solstice earnings brought no big surprises, but shares of the spinoff remain volatile
Solstice Advanced Materials declined Thursday following the company's third-quarter earnings. We expect shares of this newly independent company to remain volatile after last week's separation from Honeywell . Net sales increased 7% year…
DuPont surge to 52-week highs hits pause. But we still see upside ahead
DuPont shares took a breather Thursday after a scorching four-session rally. The reason? There was some noise around the quarterly numbers due to this weekend's spinoff of Qnity Electronics and the previously announced divestiture of the…
Tapestry (TPR) Q1 2026 earnings
Chipotle Mexican Grill and Coach store logos.Getty ImagesChipotle and Cava pinned weaker sales on younger customers who are pulling back and packing lunches.But Gen Z shoppers are still spending on Coach handbags to bring to work — even if…
Datadog’s stock soars 20% on Q3 earnings beat, strong forecast
Omar Marques | SOPA Images | Lightrocket | Getty ImagesDatadog shares jumped 20% on Thursday after the software company reported third-quarter revenue that topped Wall Street estimates and issued a strong forecast for the fourth quarter.The…
Doordash stock drops 15%, heads for worst day ever on spending fears
Doordash's stock plummeted toward its worst session ever as investors rejected the company's aggressive spending strategy.The food delivery platform said it plans to shell out "several hundred million dollars" next year on new product…
Duolingo (DUOL) stock Q3 earnings 2025
Duolingo's stock cratered 27% on lighter-than-expected guidance as the language learning platform zeroed in on user growth in lieu of near-term monetization."We have made a slight shift over the last quarter in how we invest, and we're…
Chicago Fed’s Goolsbee says he’s cautious about further rate cuts during shutdown
Chicago Federal Reserve President Austan Goolsbee on Thursday expressed hesitation about lowering interest rates further because the government shutdown has resulted in a blackout on key inflation data.While Goolsbee has otherwise been an…
Snap stock surges 13% after announcing Perplexity deal
Scott Olson | Getty ImagesSnap stock surged 13% on Thursday after announcing a $400 million deal with Perplexity AI and releasing its third-quarter financial results.The company said that it will be integrating Perplexity's artificial…
Job cuts in October hit highest level for the month in 22 years, Challenger says
Jobseekers during a NYS Department Of Labor job fair at the Downtown Central Library in Buffalo, New York, US, on Wednesday, Aug. 27, 2025. Lauren Petracca | Bloomberg | Getty ImagesLayoff announcements soared in October as companies…
Maersk raises profit outlook, CEO says global trade defying fears
Maersk and HMM container ships at the Port of Los Angeles in Los Angeles, California, US, on Wednesday, Sept. 24, 2025.Bloomberg | Bloomberg | Getty ImagesDanish shipping giant Maersk on Thursday posted stronger-than-expected third-quarter…
Bank of England November 2025 rate decision
A Union flag flutters from a pole atop the Bank of England, in the City of London on August 7, 2025. Niklas Halle'n | Afp | Getty ImagesLONDON — The Bank of England on Thursday is set to make its last interest rate decision before the…