Emilija Manevska | Moment | Getty Images Artificial intelligence startup Cursor on Thursday announced it has closed a $2.3 billion funding round at a $29.3 billion post-money valuation, nearly triple what it was worth as of its last raise in June. Tune in at 4:30 p.m. ET as Cursor CEO Michael Truell joins “Closing Bell:…
fstop123 | E+ | Getty Images Foreclosure filings climbed again in October, after sitting at historic lows in recent years, according to new data released Thursday. While the numbers are still small, the persistent rise in foreclosures may be a sign of cracks in the housing market. There were 36,766 U.S. properties with some type…
Omar Marques | Lightrocket | Getty Images With ski season approaching, Uber wants to take you to the slopes. The ride-hailing company on Thursday announced Uber Ski, which will allow users to book a ride to and from nearly 40 mountains in the U.S., Canada, Switzerland and France, according to a release. The services is…
Row of single-family detached houses in Alexandria, Virginia. Grace Cary | Moment | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors…
Disney reported fiscal fourth-quarter earnings on Thursday that topped analyst expectations for earnings but missed on revenue as the company’s entertainment business was weighed down by its TV networks and a lackluster theatrical film slate. Disney stock fell more than 3% in premarket trading. Here is what Disney reported for the period ended Sept. 27,…
Workers picket in front of a Starbucks outlet in New York City, U.S., Oct. 1, 2025. Brendan McDermid | Reuters Starbucks Workers United launched an open-ended strike in at least 40 cities Thursday on Red Cup Day, one of the chain’s biggest sales days of the year. The protest, which the union says involves more than…
Skims underwear is displayed on a shelf at a Nordstrom store on March 25, 2025 in Corte Madera, California. Justin Sullivan | Getty Images Kim Kardashian’s Skims brand has raised $225 million in new funding led by Goldman Sachs Alternatives, valuing the shapewear and apparel company at $5 billion — up from roughly $4 billion…
Logo of Swiss shoemaker On is displayed in a shop in Zurich, Switzerland, Aug. 28, 2025. Denis Balibouse | Reuters On raised its full-year guidance for the third quarter in a row on Wednesday after the Swiss sportswear company posted another three months of double-digit growth, bucking a slowdown in the sneaker market. The company,…
The FAA Air Traffic Control tower at LaGuardia Airport (LGA) in the Queens borough of New York, US, on Friday, Nov. 7, 2025. Michael Nagle | Bloomberg | Getty Images Flight cancellations eased across the U.S. on Wednesday ahead of a House vote on a funding bill that could end the longest federal government shutdown…
Fast-casual salad chain Sweetgreen is struggling as its traffic and sales continue to fall and it reports millions in losses each quarter. Its earnings worsened in its third quarter this year, as same-store sales declined 9.5% due in part to a 11.7% drop in foot traffic. Sweetgreen revolutionized the quick service industry after launching in…
