The Intel logo is displayed on a sign in front of Intel headquarters on July 16, 2025 in Santa Clara, California. Justin Sullivan | Getty Images Intel reported second-quarter results on Thursday that beat Wall Street expectations on revenue, as the company’s new CEO Lip-Bu Tan announced significant cuts in chip factory construction. The stock…
Thiago Prudencio | LightRocket | Getty Images Tesla missed on the top and bottom lines in the second quarter, but another miss was buried in its investor deck The company’s digital assets are currently valued at $1.24 billion. That’s up substantially from $722 million a year ago. But anyone who’s been following the crypto market…
Microsoft CEO Satya Nadella talks with Indonesia’s Minister of Communication and Information Technology Budi Arie Setiadi, on the day of their meeting with Indonesian President Joko WIdodo, at the Presidential Palace in Jakarta, Indonesia, April 30, 2024. Willy Kurniawan | Reuters Microsoft has laid off over 15,000 people so far in 2025. The stress of…
Southwest Airlines on Wednesday posted second-quarter earnings and revenue that fell short of Wall Street’s estimates but said travel demand has stabilized, echoing other airlines in recent weeks. Shares were down more than 11% in afternoon trading Thursday. Here’s how Southwest performed in the second quarter compared with Wall Street expectations, according to consensus estimates from…
Something Bold (and Delicious) is Brewing at McDonald’s: A First Sip into the Future of Beverages Courtesy: McDonald’s McDonald’s said Thursday it is planning to test new coffee drinks, refreshers and flavored sodas at more than 500 restaurants later this summer, hoping to cash in on younger consumers’ love for fun, colorful drinks. “We’re seeing…
Sydney Sweeney attends the 10th Annual LACMA ART+FILM GALA at the Los Angeles County Museum of Art in Los Angeles on Nov. 6, 2021. Presley Ann | Getty Images Entertainment | Getty Images Actress Sydney Sweeney helped bring American Eagle Outfitters shares into the latest round of meme stock mania on Thursday. The “Euphoria” and…
UnitedHealth Group revealed Thursday it is facing a Department of Justice investigation over its Medicare billing practices, adding to a string of setbacks for a company that owns the nation’s largest and most powerful private insurer. In a securities filing, the company said it has started complying with formal criminal and civil requests from the…
Tesla car is seen in Krakow, Poland on June 11, 2025. Nurphoto | Nurphoto | Getty Images U.S. electric vehicle maker Tesla lost market share in Europe for the sixth straight month in June, according to the European Automobile Manufacturers Association, or ACEA, amid a broader regional dip in new car sales. Data published Thursday…
According to CNBC’s Jim Cramer, this market is hard to pin down. On Wednesday he described a fraught environment, highlighting both positive and negative themes that are driving the action. “It’s mixed. Some good, some bad…When it gets all good, it will be too good. When it gets all bad, it’ll be too bad,” he…
IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Stefan Wermuth | Bloomberg | Getty Images IBM shares fell as much as 6% in extended trading on Wednesday after the tech conglomerate issued second-quarter results that topped Wall Street projections. Here’s how the company did in comparison…
