A sign hangs in a Gap Outlet store window in Chicago on May 29, 2025. Scott Olson | Getty Images Gap on Thursday announced it is expanding into beauty starting with its Old Navy brand, a strategic shift by the apparel company. Its initial test will feature beauty and personal-care products at 150 Old Navy…
Figma shares plummeted nearly 20% on Thursday, falling to the lowest price since the design software vendor’s initial public offering in July after the company reported earnings for the first time as a public company. Results for the second quarter were largely in line with expectations, as Figma had issued preliminary results a little over…
New York Attorney General Letitia James holds a press conference following a ruling against former U.S. President Donald Trump ordering him to pay $354.9 million and barring him from doing business in New York State for three years, in the Manhattan borough of New York City, U.S., February 16, 2024. David Dee Delgado | Reuters…
U.S. Health and Human Services Secretary Robert F. Kennedy Jr., testifies before a Senate Finance Committee hearing on President Donald Trump’s 2026 health care agenda, on Capitol Hill in Washington, D.C., U.S., September 4, 2025. Jonathan Ernst | Reuters Health and Human Services Secretary Robert F. Kennedy Jr. doubled down on false claims about vaccines…
The National Football League continues to widen its lead as the most valuable and profitable sports league in the world, with the average franchise now worth $7.65 billion, according to CNBC’s Official NFL Team Valuations 2025. That figure marks an 18% jump from last year. Eleven NFL teams are now valued at $8 billion or…
The Porsche brand logo as lettering can be seen on the rear of a vehicle from the sports car manufacturer Porsche in Munich (Bavaria) on April 6, 2025. Picture Alliance | Picture Alliance | Getty Images Luxury carmaker Porsche will soon drop out of Germany’s blue-chip DAX index following a protracted share price slump, as…
U.S. President Donald Trump and first lady Melania Trump walk to the Rose Garden of the White House to hold a signing ceremony for the Take it Down Act, in Washington, D.C., U.S., May 19, 2025. Kevin Lamarque | Reuters U.S. President Trump will host two dozen high-profile tech and business leaders for an inaugural…
In a Wednesday interview with CNBC’s Jim Cramer, Salesforce CEO Marc Benioff defended the guidance his company issued — even as the the figures disappointed Wall Street. “Our results are absolutely fantastic and our guidance is also, you know, is always appropriately conservative,” Benioff said. The enterprise software company posted its quarterly results Wednesday after…
Marc Benioff, co-founder and CEO of Salesforce, sits for an interview in San Francisco on April 25, 2025. David Paul Morris | Bloomberg | Getty Images Salesforce issued disappointing guidance on Wednesday, even as earnings and revenue topped estimates for the fiscal second quarter. The stock dropped 4% in extended trading. Here’s how the company…
Figma shares plunged 13% in extended trading on Wednesday after the design software company reported results for the first time since its IPO in July. Here’s how the company did in comparison with LSEG consensus: Earnings per share: breakeven Revenue: $249.6 million vs. $248.8 million expected Revenue increased 41% year over year in the second…
