Cerebras CEO Andrew Feldman speaks to the media at the Colovore office in Santa Clara, Calif., on March 12, 2024. The Washington Post | Getty Images Artificial intelligence chipmaker Cerebras Systems has increased the estimated price range for its initial public offering. It’s now looking to sell at $150 to $160 per share, according to…
Customers browse in a used car lot in Glendale, California, Feb. 15, 2023. Mario Tama | Getty Images News | Getty Images DETROIT — Used car prices fell in April for the first time since October as gas prices rose amid the Iran war. Cox Automotive’s Manheim Used Vehicle Value Index — which tracks prices…
CLIFTON, New Jersey — Along with aisles of diapers and colorful onesies, Target shoppers in some of the retailer’s big-box stores can now find baby brands typically carried by specialty boutiques. Shoppers can see, feel and test strollers, car seats and high chairs outside of cardboard boxes at about 200 stores, or roughly 10% of…
Burger King President Tom Curtis said customer phone calls helped the company revamp its signature Whopper and fuel a broader turnaround at the fast-food chain. “We’ve been listening to our guests a lot lately,” Curtis told Jim Cramer on CNBC’s “Mad Money” on Friday. “I’ve personally taken 1,800 calls from guests, and we got over…
Used cars are offered for sale at a dealership on July 11, 2023 in Chicago, Illinois. Scott Olson | Getty Images The head of one of the nation’s largest auto finance lenders isn’t overly concerned about rising consumer automotive debt and inflated used car prices leading to longer loans on vehicle purchases. His main reasoning?…
A cup of coffee and strawberry frosted donut with sprinkles at a Dunkin’ Donuts location in Los Angeles, Sept. 6, 2017. Patrick T. Fallon | Bloomberg | Getty Images Dunkin’ and Buffalo Wild Wings owner Inspire Brands has confidentially filed for an initial public offering, the company announced on Friday. If Inspire goes public, it…
Whoop fitness wearable. Courtesy: Whoop Wearable fitness tracker Whoop announced on Friday it will introduce in-app access to on-demand licensed clinicians for users in the United States. The new feature comes alongside a suite of health and artificial intelligence-driven features launching globally that will allow users to connect their continuous biometric data with medical guidance…
U.S. President Donald Trump speaks during a Small Business Summit in the East Room at the White House in Washington, D.C., U.S., May 4, 2026. Kylie Cooper | Reuters President Donald Trump has said he will give the European Union until July 4 to ratify its trade agreement with the U.S., threatening to raise tariffs…
Lake Oswego in Oregon. Bradleyhebdon | Istock Unreleased | Getty Images 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. A wave of states deciding to take aim at a tax incentive…
Toyota signage at the New York International Auto Show in New York City on April 2, 2026. Danielle DeVries | CNBC Japan’s Toyota Motor on Friday reported a 49% drop in fourth-quarter operating profit, missing analysts’ estimates as U.S. tariffs pressured earnings. Here are Toyota’s results compared with median estimates from LSEG: Revenue: 12.6 trillion yen vs. 12.6 trillion yen…
