A close-up view shows corporate signage mounted on an exterior concrete wall at an Adobe office building in Lehi, Utah, United States, on August 26, 2026. Charles-McClintock Wilson | Nurphoto | Getty Images Adobe on Thursday named Anil Chakravarthy as its next president and CEO, succeeding Shantanu Narayen, who announced he would step down earlier…
Zscaler stock soared on Thursday after the cloud security company beat Wall Street’s fiscal fourth-quarter estimates as rising artificial intelligence risk spurred urgent demand for cyber tools. Here’s how the company performed compared to LSEG estimates: Earnings per share: $1.19 adjusted vs. $1.09 expected Revenue: $898 million vs. $877 million expected Revenue jumped 25% from…
Canadian Prime Minister Mark Carney speaks during a press conference at the West Block on Parliament Hill in Ottawa, Ontario, Canada, on April 14, 2026. Andrej Ivanov | Afp | Getty Images Canadian Prime Minister Mark Carney on Thursday returned fire after Trump administration Commerce Secretary Howard Lutnick claimed Ottawa tanked trade talks with the…
Traders work in the S&P options pit at the Cboe Global Markets exchange in Chicago, Illinois, US, on Thursday, Nov. 13, 2025. Christopher Dilts | Bloomberg | Getty Images So much for the September seasonal doldrums. Options traders are kicking off the historically worst month for stocks by piling on bullish bets on a handful…
Elon Musk’s super PAC is putting its first midterm money behind some of the GOP’s most important election battlegrounds, spending more than $800,000 across seven Senate races and a handful of competitive House districts, according to a new Federal Election Commission disclosure. The spending by America PAC offers the clearest look yet at where the…
A ChargePoint electric vehicle charging station in Hudson, New York, US, on Tuesday, Sept. 3, 2024. Angus Mordant | Bloomberg | Getty Images ChargePoint Holdings CEO Rick Wilmer believes a surge in the electric vehicle charging company’s stock Thursday is just “the beginning of the momentum,” he told CNBC. Shares of ChargePoint increased more than…
Leon Black, then-CEO of Apollo Global Management, at the Milken Institute Global Conference in Beverly Hills, California, May 1, 2018. Patrick T. Fallon | Bloomberg | Getty Images Former Apollo Global Management CEO Leon Black sued the House Oversight and Government Reform Committee on Thursday, seeking to block subpoenas for multiple nondisclosure agreements he was…
Stanley Druckenmiller at CNBC’s Delivering Alpha on Sept. 28, 2022. Scott Mlyn | CNBC A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Investment firms of ultra-wealthy families are helping fuel the…
Federal Reserve Governor Christopher Waller said Thursday he is leaning toward keeping interest rates steady at the central bank’s September meeting provided there are no surprises from upcoming inflation data. In remarks that seem to contrast with statements last week from Chairman Kevin Warsh, Waller expressed confidence in the current inflation trends, saying that tariff…
The El Niño climate event is intensifying into a “supersized” phenomenon that will persist until February 2027, raising the risk of floods, droughts and extreme heat in many countries, the United Nations warned on Thursday. It “has the potential to deliver a massive blow to communities and economies across the world,” Celeste Saulo, secretary general…
