Airbnb reported second-quarter results on Wednesday that beat analysts’ expectations. Here’s how the company did based on average analysts’ estimates compiled by LSEG: Earnings per share: $1.03 vs. 93 cents expected Revenue: $3.10 billion vs. $3.04 billion expected Revenue increased 13% from $2.75 billion during the same period last year. The company reported net income of…
U.S. President Donald Trump speaks during an event with Apple CEO Tim Cook in the Oval Office of the White House on August 6, 2025 in Washington, DC. Win Mcnamee | Getty Images President Donald Trump said Wednesday he will impose a 100% tariff on imports of semiconductors and chips, but not for companies that…
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…
U.S. President Donald Trump points towards Federal Reserve Chair Jerome Powell holding a document during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | Reuters Federal Reserve Governor Adriana Kugler’s surprise resignation last week brought back a scenario that seemed to…
Apple CEO Tim Cook speaks during the Apple Worldwide Developers Conference (WWDC) on June 09, 2025 in Cupertino, California. Justin Sullivan | Getty Images News | Getty Images Apple shares popped 5% Wednesday, ahead of an Oval Office event touting an update to the company’s stated plans to spend and invest in the U.S. CEO…
Apple is ready to pony up another $100 billion to appease President Donald Trump . Jim Cramer says it was a necessary evil. Wall Street agreed, and the struggling stock rallied. The news Shares of Apple jumped nearly 6% on Wednesday after a White House official confirmed to CNBC that the tech giant will raise…
First Lady Melania Trump (C) looks on as U.S. President Donald Trump as he dons his MAGA hat before greeting members of the military and their families during the Military Family Picnic on the South Lawn of the White House in Washington, DC, on July 4, 2025. Brendan Smialowski | Afp | Getty Images Say…
Members of the Indian Youth Congress protest against the Modi government’s silence on the 26% tariff imposed by U.S. President Donald Trump in New Delhi, India, on April 5, 2025. Amarjeet Kumar Singh | Anadolu | Getty Images In February, U.S. President Donald Trump and Indian Prime Minister Narendra Modi exchanged warm greetings and bear…
A sign marks the location of a Honda dealership in Libertyville, Illinois, on Dec. 18, 2024. Scott Olson | Getty Images Japanese auto giant Honda‘s first quarter operating profits fell 50% year over year on Wednesday, missing estimates due to U.S. auto tariffs and a stronger yen. Here are Honda’s results compared with mean estimates…
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…
