A Rolls Royce driving past the entrance of the Jaeger-LeCoultre boutique on Rue du Rhône on August 2, 2025 in Geneva, Switzerland. Robert Hradil | Getty Images News | Getty Images Business leaders are scrambling to get their head around a new era of tariff complexity. The bemused mood among European chief executives on Thursday…
Apple CEO Tim Cook, left center, escorts President Donald Trump as he tours Apple’s Mac Pro manufacturing plant in Austin, Texas, Nov. 20, 2019. Tom Brenner | Reuters Apple CEO Tim Cook and President Donald Trump announced on Wednesday announced it will spend an additional $100 billion on U.S. companies and suppliers over the next…
Doordash food delivery service in New York City on Feb. 13, 2025. Danielle DeVries | CNBC DoorDash shares climbed 4% in extended trading on Wednesday after the food delivery company reported better-than-expected earnings and revenue for the second quarter. Here’s how the company did compared to analyst estimates based on LSEG’s consensus: Earnings per share:…
Disney reported results for its fiscal third quarter on Wednesday – posting earnings that topped expectations but revenue that came in just shy of analyst projections – as the company’s streaming business grew and its theme parks saw higher spending from consumers. CFO Hugh Johnston credited the quarter in part to the success of Disney’s…
CNBC’s Jim Cramer on Tuesday pushed back against a downbeat sentiment he has felt on Wall Street, saying “knee-jerk negativity” is making investors lose money. “In this business we’re supposed to care about companies and their profits, and the profits are, indeed, bountiful,” he said. “Yet the investing class is so scared and so negative…
With Opendoor shares up almost fivefold since the beginning of July and trading volumes hitting record levels, CEO Carrie Wheeler thanked investors for their “enthusiasm” on Tuesday’s earnings call. “I want to acknowledge the great deal of interest in Opendoor lately and that we’re grateful for it,” Wheeler said, even as the stock sank more…
A Lucid Air electric vehicle (EV) at the company’s showroom in Tysons, Virginia, US, on Saturday, Feb. 17, 2024. Samuel Corum | Bloomberg | Getty Images Lucid Group on Tuesday softened its production outlook for the rest of the year as it reported second-quarter earnings that missed Wall Street expectations. The electric vehicle maker now…
Lisa Su, CEO of Advanced Micro Devices, and Sam Altman, CEO of OpenAI, testifiy during the Senate Commerce, Science and Transportation Committee hearing titled “Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation,” in Hart building on Thursday, May 8, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Advanced Micro Devices…
A sample of Alaska Airlines’ new livery for its Boeing 787-9 Dreamliners. Source: Alaska Airlines: Alaska Airlines is starting flights from Seattle to London and Reykjavik, Iceland, next May, adding to its global expansion following its acquisition of Hawaiian Airlines last year. Alaska plans to fly daily between Seattle and London’s Heathrow Airport on its Boeing 787-9 Dreamliners, in…
Piotr Swat | Lightrocket | Getty Images Yum Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ expectations as Pizza Hut and KFC reported U.S. same-store sales declines. Here’s what the company reported for the period ended June 30 compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per…
