Honeywell Aerospace shares tumbled 11% on Wednesday evening after the company reported weak quarterly results and cut its full-year outlook due to supply chain stumbles. It’s a rough look for the newly public maker of cockpit systems and other aircraft parts, which split from Honeywell Technologies in late June. Revenue in the second quarter ended…
Arleigh Burke-class guided-missile destroyer USS Frank E. Petersen Jr. (DDG 121) sails behind the Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72), June 27, 2026. Frank E. Petersen Jr. is deployed to the U.S. 5th Fleet area of operations to support maritime security and stability in the Middle East. Courtesy: U.S. Navy Iran said the…
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the Pennsylvania Defense and Innovation Summit in Carlisle, Pennsylvania, US, on Wednesday, July 15, 2026. Tom Brenner | Bloomberg | Getty Images JPMorgan Chief Executive Officer Jamie Dimon has warned that leverage across financial markets remained elevated, adding that investors should be mindful that…
Traders work on the floor of the New York Stock Exchange during morning trading on July 30, 2026 in New York City. Michael M. Santiago | Getty Images Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. The Dow just notched its fifth straight record close,…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. The Indian government has been rushing to sell stakes in state-owned companies this year. So far, it has pared its stake in 10 public…
CNBC’s Jim Cramer said Wednesday investors looking at Elon Musk’s SpaceX should stop thinking in quarters and start thinking in decades. “SpaceX could be a 100-year piece of paper,” the “Mad Money” host said, arguing that SpaceX should be viewed much like the century-long railroad investments that ultimately rewarded patient investors. “Maybe you put some…
“Toy Story 5,” “The Super Mario Galaxy Movie” and “Spider-Man Brand New Day.” Disney | Universal Pictures | Sony Billion-dollar films are back in Hollywood. The theatrical industry welcomed its fourth billion-dollar film of 2026 this week as Sony and Marvel’s “Spider-Man: Brand New Day” surpassed the coveted benchmark. It joins the three-comma ranks alongside…
The New York Stock Exchange welcomes e.l.f. Beauty (NYSE: ELF), on March 18, 2024, to the podium to celebrate its 20th anniversary of founding. To honor the occasion, Tarang Amin, Chairman & CEO, joined by Tara Dziedzic, NYSE Head of Listings – U.S. Sectors, rings The Opening Bell®. E.l.f. Beauty‘s profits nearly doubled during…
The Etsy Inc. headquarters in the Brooklyn borough of New York, US, on Tuesday, June 25, 2024. Victor J. Blue | Bloomberg | Getty Images Etsy said Wednesday it’s laying off about 220 employees, or roughly 12% of its workforce, as the online marketplace looks to simplify its organizational structure and innovate faster in an…
People gather at the Magic Kingdom theme park before the “Festival of Fantasy” parade at Walt Disney World in Orlando, Florida, July 30, 2022. Octavio Jones | Reuters Disney parks are defying a slump in international travel to the U.S., posting record quarterly revenue for the company’s experiences division on Wednesday. The experiences segment, which…
