Business

Cisco Systems shares spiked higher Wednesday evening after the networking company delivered a quarterly beat and outlook raise. Another quarter of double-digit order growth proves Cisco is an underrated winner from the AI infrastructure…

Jason Kim, chief executive officer of Firefly Aerospace, center, during the company's initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty ImagesFirefly Aerospace's…

Chuck Robbins, Cisco CEO, speaking on CNBC's Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025.Gerry Miller | CNBCCisco reported better-than-expected profit and revenue for its fiscal first quarter on…

speaking at Jackson Hole on August 23, 2024.  David A. Grogan | CNBCAtlanta Federal Reserve President Raphael Bostic said Wednesday he will be leaving his position when his term expires in February.Bostic has been in his current position…

Foxconn Chairman Young Liu delivers a speech during the Hon Hai Tech Day in Taipei on Oct. 18, 2023.I-hwa Cheng | AFP | Getty ImagesFoxconn, the world's largest contract electronics maker, said Wednesday that its third-quarter profit jumped…

Logo of Swiss shoemaker On is displayed in a shop in Zurich, Switzerland, Aug. 28, 2025. Denis Balibouse | ReutersOn raised its full-year guidance for the third quarter in a row on Wednesday after the Swiss sportswear company posted another…

The U.S. Capitol building after the U.S. Senate advances a bill to end the government shutdown in Washington, D.C., U.S., November 10, 2025. Evelyn Hockstein | ReutersEconomic data releases that have lagged during the government shutdown…

Rocket Lab's stock rose as much as 5% on Tuesday after the space company posted record revenues in the third-quarter as it scoops up more launch deals and builds its backlog.The company, which makes satellites and rockets and provides…

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…

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…

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…

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…

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 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…

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…

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…

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…

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…

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…

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 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…

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…

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 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…

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'…

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…

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 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 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…

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…