The Netflix logo is seen on the roof of an office building in Los Angeles, California, on April 16, 2026. Michael Yanow | Nurphoto | Getty Images Netflix reported second-quarter revenue and earnings that were in line with analyst estimates on Thursday as Wall Street is keeping a close eye on the company’s advertising and…
A live feed shows SpaceX CEO Elon Musk on the day of SpaceX’s initial public offering (IPO) at the Nasdaq MarketSite, in New York City, U.S., June 12, 2026. Jeenah Moon | Reuters Short sellers are rapidly increasing their bets against SpaceX, driving bearish positioning to nearly one-third of the company’s public float as the…
A United Airlines plane takes off from the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, June 9, 2026. Joe Raedle | Getty Images United Airlines‘ second-quarter results came in ahead of Wall Street estimates, but billions of dollars in added fuel costs continue to weigh on earnings, the carrier said Wednesday. United forecast third-quarter…
The U.S. grocery slowdown is becoming harder to ignore. Shoppers are buying fewer items than a year ago, and grocery sales are declining as weakening unit sales are now outweighing rising prices. That is according to new analysis from Bain & Company using NielsenIQ grocery data shared exclusively with CNBC. Grocery units, which refer to…
UnitedHealth Group on Thursday posted second-quarter earnings that blew past estimates and raised its full-year profit outlook, as the company better manages high medical costs and uses AI to help streamline operations. The largest private insurer in the U.S. said it expects 2026 adjusted earnings of $19.50 to $20 per share, up from a previous…
People gather near a SpaceX advertisement outside the Nasdaq MarketSite, on the day of their initial public offering (IPO) in New York City, U.S., June 12, 2026. Brendan Mcdermid | Reuters SpaceX shares fell for a fourth-straight session on Wednesday, dropping below their $135 initial public offering price for the first time, about a week…
A Zipline precision drone with a delivery pod underneath. Zipline South San Francisco startup Zipline is adding former Tesla and Waymo execs to its C-suite, and bringing on a former Uber executive to lead its commercial expansion, as the company scales its drone delivery service into new U.S. and international markets. Since Zipline started up…
A Lucid Air electric vehicle (EV) at the company’s showroom in Tysons, Virginia, US, on Saturday, Feb. 17, 2024. Samuel Corum | Bloomberg | Getty Images Lucid Motor stock fell more than 40% at one point and trading was halted for volatility multiple times Tuesday amid speculation that the company is considering new options. A…
TerraFirma’s semi-autonomous construction equipment Courtesy: TerraFirma As SpaceX‘s Elon Musk sells investors on a space economy with life beyond Earth, a two-year-old construction startup founded by two of the company’s former engineers is positioning itself for the future of interplanetary infrastructure. TerraFirma on Tuesday said it raised $115 million in a funding round with investments…
Warren Buffett speaks with CNBC during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026. David A. Grogan | CNBC Warren Buffett omitted the Gates Foundation from his annual charitable stock gifts, directing all of this year’s donations to four family-linked foundations. Berkshire Hathaway said the 95-year-old chairman will donate 9…
