Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Warren Buffett’s Berkshire Hathaway reported a sharp rebound in operating profit on Saturday, while its cash pile swelled to a new high with no buybacks. Berkshire’s operating profit generated from the…
Oils containing CBD (Cannabidiol). Geoffroy Van Der Hasselt | AFP | Getty Images Cannabis stocks could be poised for a rally after years of stagnation, fueled by investor optimism over the possibility for new federal rules for hemp-derived products and signals that President Donald Trump could take a more permissive stance on marijuana. Publicly traded…
Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025. Brendan Mcdermid | Reuters Amazon shares soared 10.81% on Friday after the company reported an across-the-board beat for the third quarter and boosted its forecast for spending due to demand for artificial intelligence services. Cloud was a…
SpaceX’s Starship rocket 38 launches during the 11th test flight on October 13, 2025 as seen from South Padre Island in Texas. Gabriel V. Cardenas | Afp | Getty Images SpaceX said it has pitched NASA a “simplified mission” to put astronauts back on the moon following criticisms over delays by Sean Duffy, the space…
Photo illustration of the YouTube TV logo displayed on a smartphone, with the YouTube logo in the background. Nurphoto | Nurphoto | Getty Images Content from The Walt Disney Company, including channels like ABC and ESPN, was removed from Google‘s YouTube TV on Thursday after the two companies failed to renew a streaming contract. “Despite…
A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker’s assembly plant in Marysville, Ohio. Michael Wayland / CNBC Global automakers are once again bracing for production disruptions due to a potential shortage of automotive semiconductor chips, this time sparked by the Dutch government amid geopolitical tensions between the U.S….
Eli Lilly on Thursday reported third-quarter earnings and revenue that topped estimates and hiked its full-year outlook, as the company continued to see strong demand for its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro. Shares of the company rose more than 2% in morning trading on Thursday. The pharmaceutical giant now expects its…
Brian Roberts, Chairman and CEO of Comcast, attends the annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho on July 9th, 2025. David A. Grogan | CNBC Comcast reported earnings Thursday, and it could shed light on how executives view regulators’ attitude toward a potential NBCUniversal-Warner Bros. Discovery merger. Warner Bros. Discovery,…
A customer carries a Chipotle bag in San Francisco, California, US, on Friday, Jan. 31, 2025. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported quarterly revenue that fell short of expectations and cut its same-store sales forecast for the third straight quarter. Shares of the company plunged 13% in…
Close-up of a Starbucks branded paper bag on a picnic table outdoors in a park, Walnut Creek, California, May 19, 2024. Smith Collection/gado | Archive Photos | Getty Images Coffee delivery has turned into a $1 billion business for Starbucks. The coffee giant said on Wednesday that its annual delivery sales crossed the milestone in…
