Figma signage appears at the New York Stock Exchange in New York as the company prepares for its shares to begin trading on July 31, 2025. Michael Nagle | Bloomberg | Getty Images Figma shares jumped 7% on Monday after the design software vendor’s technology was promoted by OpenAI CEO Sam Altman in an onstage…
CNBC’s Jim Cramer on Monday explained why he’s bullish on Take-Two Interactive, saying it’s set to dominate the video game space now that its top competitor is going private. “This was an industry with three major players, but now, with Activision gone and EA going private, Take-Two’s now the only major publicly-traded American video game…
Modelo beer is displayed on a shelf at a Safeway store on Oct. 6, 2025 in San Anselmo, California. Justin Sullivan | Getty Images Modelo owner Constellation Brands beat on the top and bottom lines in its fiscal second-quarter earnings report on Monday and reiterated its lowered full-year guidance due to macroeconomic headwinds. Shares of…
Dan Schulman speaking at the World Economic Forum in Davos, Switzerland, on Jan. 23, 2020. Adam Galica | CNBC Verizon announced on Monday that the board of directors has appointed former PayPal CEO Dan Schulman as the company’s new CEO. Schulman replaces Hans Vestberg, who had led the company since 2018. Shares of the company…
Alistair Berg | Digitalvision | Getty Images Online holiday spending in the U.S. is expected to jump 5.3% year over year to $253.4 billion as consumers seek discounts and even enlist the help of artificial intelligence-powered chatbots, according to an Adobe Analytics report released Monday. Yet that growth would still be slower than the year-ago…
The Aston Martin DB12 Goldfinger Edition during the 007 takeover of Burlington Arcade on Oct. 29, 2024, in London, England. Dave Benett | Getty Images Entertainment | Getty Images Shares of Aston Martin fell as much as 10% on Monday morning after the British luxury carmaker issued a fresh profit warning, citing a challenging industry…
President Trump’s One Big Beautiful Bill passed over the summer, but the tax benefits have barely begun. Many Main Street businesses stand to gain significantly from new tax law deductions into next year, some key ones as high as 100% of costs. The favorable tax measures are not all entirely new. Some had been phased…
A person wearing an outfit inspired by The Eras Tour poses in front of “The Official Release Party of a Showgirl” posters at an AMC theater to celebrate the release of Taylor Swift’s new album “The Life of a Showgirl” in New York City, U.S., Oct. 3, 2025. Kylie Cooper | Reuters Taylor Swift gave…
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The top 10% of Americans added $5 trillion to their wealth in the second quarter as the stock market rally continued to benefit…
DETROIT – Tesla and General Motors are leading the U.S. automotive industry this year in record domestic sales of all-electric vehicles, as consumers hurried to buy EVs before up to $7,500 in federal incentives for each purchase ended in September. New data provided to CNBC from Motor Intelligence shows U.S. sales of EVs, excluding hybrids,…
