Chuck Robbins, Cisco CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC Cisco reported better-than-expected profit and revenue for its fiscal first quarter on Wednesday. The stock rose in extended trading. Here’s how the company did in comparison with consensus estimates from…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks were mixed Wednesday as Wall Street hoped for an end to the government’s record-breaking shutdown. The House is set for a final vote in…
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…
Notorious sex offender Jeffrey Epstein wrote in an email to author Michael Wolff that his former longtime friend, President Donald Trump, “knew about the girls,” according to a copy of that April 2019 message purportedly between the two men released by House Democrats on Wednesday. It is unclear what the phrase “knew about the girls”…
Atlanta Federal Reserve President Raphael Bostic said Wednesday he will be leaving his position when his term expires in February. Bostic has been in his current role since June 2017 and is the first Black and openly gay regional president. His term, which also was marked by issues relating to personal investments he made, runs…
Advanced Micro Devices‘ CEO Lisa Su shut down concerns over Big Tech’s elevated spending during an interview with CNBC’s “Squawk Box” on Wednesday and said investing in more computing will accelerate the pace of innovation. “I don’t think it’s a big gamble,” she said. “I think it’s the right gamble.” Many of AMD’s hyperscaler customers…
Shortly after the opening bell, we will be selling 150 shares of Disney at roughly $115. Following Wednesday’s trade, Jim Cramer’s Charitable Trust will own 750 shares, decreasing its weighting to about 2.2% from about 2.7%. We’re letting go of some Disney shares ahead of its earnings report on Thursday before the opening bell. We’re…
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…
The Einride EV freight truck charging station in Lynwood, California, built by Voltera and located close to the Ports of Los Angeles and Long Beach. Einride Autonomous EV freight trucking company Einride is planning to go public on the New York Stock Exchange through a SPAC deal with Legato Merger Corp. III, a blank check…
