Business

A sign is posted in front of eBay headquarters in San Jose, California. Justin Sullivan | Getty ImagesShares of eBay slumped about 9% in extended trading on Wednesday after the online marketplace issued guidance for the fourth quarter that…

Monitors display Coinbase signage during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021.Michael Nagle | Bloomberg | Getty Images Coinbase Wednesday reported…

A Carvana sign and signature vending machine in Tempe, Arizona.Michael Wayland | CNBCCarvana on Wednesday raised its 2024 earnings guidance after the online used-car retailer significantly topped Wall Street's third-quarter…

Brian Niccol speaking on CNBC's Squawk Box on Oct. 30th, 2018. Anjali Sundaram | CNBCStarbucks is set to share more details about its fiscal fourth quarter after the bell on Wednesday.The coffee giant shared its preliminary quarterly…

GE Healthcare reported a mixed quarter before Wednesday's opening bell. While revenue slightly missed, an earnings beat along with a number of other positives pushed the stock higher. Revenue rose just under 1% year over year to $4.86…

Microsoft CEO Satya Nadella takes part in the Partnership for Global Infrastructure and Investment Event during the G7 Summit at the Borgo Egnazia resort in Savelletri, Italy, on June 13, 2024.Mandel Ngan | AFP | Getty ImagesMicrosoft will…

Ray Dalio speaking with CNBC at the Future Investment Initiative in Riyadh, Saudi Arabia, on Oct. 30, 2024.CNBCA postelection America worries U.S. billionaire Ray Dalio, who called for reforms numerous times amid a political landscape…

Private job creation burst to its highest level in more than a year during October, despite a devastating storm season in the Southeast and major labor disruptions, ADP reported Wednesday.The payrolls processing firm said companies hired…

Passers-by walk in the pedestrian zone of the Bavarian capital.Peter Kneffel | Picture Alliance | Getty ImagesGermany's inflation surged to 2.4% in October, back above the European Central Bank's 2% target, even as the country narrowly…

Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter.

The head of Snapchat operator Snap, Evan Spiegel, presents the new generation of Spectacles in Los Angeles on Sept. 17, 2024.Andrej Sokolow | Picture Alliance | Getty ImagesSnap reported better-than-expected third-quarter results on Tuesday…

A test tube is seen in front of displayed Biogen logo in this illustration taken on, December 1, 2021.Dado Ruvic | ReutersBiogen on Wednesday reported third-quarter revenue and adjusted earnings that topped expectations while raising its…

People walk down the iconic Alcalá street on a very hot afternoon in Madrid, Spain.Miguel Pereira | Getty Images News | Getty ImagesThe euro zone economy grew 0.4% in the third quarter, flash figures published by the European Union's…

AMD CEO Lisa Su makes the opening speech at COMPUTEX forum in Taipei, Taiwan June 3, 2024. Ann Wang | ReutersAdvanced Micro Devices reported third-quarter results Tuesday, with earnings in line with forecasts and revenue that slightly beat…

Google CEO Sundar Pichai speaks with Emily Chang during the APEC CEO Summit at Moscone Center West in San Francisco on Nov. 16, 2023.Justin Sullivan | Getty Images News | Getty ImagesGoogle parent Alphabet reported third-quarter earnings…

A Volkswagen automobile factory stands on October 28, 2024 in Osnabrueck, Germany. Sean Gallup | Getty ImagesGerman automaker Volkswagen on Wednesday reported a 42% drop in operating profit in the third quarter.Operating profit fell to 2.86…

Signage at the UBS flagship office in New York, US, on Tuesday, March 21, 2023.Bloomberg | Bloomberg | Getty ImagesSwiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations…

Standard Chartered Plc bank branch in Hong KongBloomberg | Bloomberg | Getty ImagesStandard Chartered on Wednesday upgraded its 2024 income guidance as it posted profits in the third quarter that beat expectations, driven by record…

Alphabet incoming CFO Anat Ashkenazi, who spent 23 years at Eli LillyEli LillyFor nine years, the CFO role at Google and parent company Alphabet was held by Ruth Porat, who took a giant pay package in 2015 to leave Wall Street for Silicon…

Advanced Micro Devices on Tuesday posted a solid set of third-quarter results thanks to strong sales in the data center and PC markets. But shares fell more than 7% in extended trading, as investors wanted to see faster growth in its AI…

Alphabet shares surged during Tuesday's after-hours trading following the Google parent's better-than-expected quarterly revenue and earnings on cloud and advertising strength. Total revenue for the three months ended Sept. 30 climbed 15%,…

Reddit CEO Steve Huffman stands on the floor of the New York Stock Exchange (NYSE) after ringing a bell on the floor setting the share price at $47 in its initial public offering (IPO) on March 21, 2024 in New York City.Spencer Platt |…

A customer holds a bag of food outside of a Chipotle restaurant in New York on Jan. 12, 2024.Angus Mordant | Bloomberg | Getty ImagesChipotle Mexican Grill on Tuesday reported mixed quarterly results, despite another quarter of higher…

Stanley Black & Decker reported mixed quarterly results before Tuesday's opening bell, and the stock got whacked. While the numbers were disappointing, the company's turnaround continues to plan. Revenue fell 5% year over year to $3.75…

Pedestrians walk past a "hiring now" sign posted outside Wegmans in New York City.Adam Jeffery | CNBCConsumers grew more optimistic about the U.S. economy heading into the contentious presidential election even as job openings hit…

Human resources and technology concept for AI augmenting team work.Leowolfert | Istock | Getty ImagesThe rise of artificial intelligence (AI) has been stunning in both its speed and impact. According to data from Goldman Sachs, investment…

Microsoft will release quarterly results after Wednesday's closing bell, and with it comes a new reporting structure the company hopes will provide more visibility into its big cloud computing business. Announced in August , and reported…

The PAXLOVID antiviral medications nirmatrelvir co-packaged with ritonavir were developed by Pfizer to treat the virus.Patrick T. Fallon | Afp | Getty ImagesPfizer on Tuesday reported third-quarter revenue and adjusted profit that blew past…

A PayPal sign is seen at its headquarters in San Jose, California, Jan. 30, 2024.Justin Sullivan | Getty Images News | Getty ImagesPayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in a bit light of…

British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024.Nurphoto | Nurphoto | Getty ImagesBritish oil major BP on Tuesday reported its weakest quarterly earnings in nearly four…