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…
Alphabet shares rose 7% on Wednesday as investors viewed the result of Google’s antitrust case as broadly favorable to the tech giant. The U.S. Department of Justice had proposed a sort of break-up of Google, which included divesting its Chrome browser, in an antitrust case that began in September 2023. While Google was found to…
Scott Olson | Getty Images Macy’s posted second-quarter earnings Wednesday that easily topped Wall Street’s expectations, as it said revamped stores helped sales trends. The department store operator also raised its full-year earnings and sales guidance. It now expects adjusted earnings of between $1.70 and $2.05 per share, compared with $1.60 to $2 per share,…
CNBC’s Jim Cramer unpacked Tuesday’s market action, explaining why stocks fell and how investors can deal with losses. “Days like today are…dispiriting, they’re painful, and they usually aren’t alone,” he said. “You have to trust the companies you believe in. Trust the market. That’s the only way to make big money in stocks long term.”…
US President Donald Trump speaks in the Oval Office of the White House in Washington, DC, on September 2, 2025. Trump announced that US Space Command will move its headquarters from Colorado to Alabama. f Saul Loeb | Afp | Getty Images Read more CNBC politics coverage “We’re going to be going to the Supreme…
A mockup of Tesla Inc.’s planned humanoid robot Optimus on display during the Seoul Mobility Show in Goyang, South Korea, on Thursday, March 30, 2023. The motor show will continue through April 9. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Tesla CEO Elon Musk predicted that Optimus robots, which have…
Warren Buffett told CNBC on Tuesday that he is disappointed in the Kraft Heinz split that unwinds much of the blockbuster merger he masterminded a decade ago. With a 27.5% stake in the company, Berkshire Hathaway is Kraft Heinz’s largest shareholder. The firm has not touched its shares since the 2015 merger that formed the…
McDonald’s Meal Deal photographed in Washington, D.C., on Aug. 26, 2024. Scott Suchman | The Washington Post | Getty Images McDonald’s on Tuesday announced that it is expanding its value offerings in a bid to reach price-conscious diners. Starting Monday, the fast-food giant is bringing back its Extra Value Meals, which were last promoted before…
President Donald Trump shakes hands with Microsoft CEO Satya Nadella during an American Technology Council roundtable at the White House in Washington on June 19, 2017. Nicholas Kamm | AFP | Getty Images Microsoft has agreed to give the U.S. General Services Administration $3.1 billion in potential savings over the course of a year on…
