Pickleball phenom Anna Leigh Waters has signed an apparel and footwear deal with Nike. Courtesy: Nike/Anna Leigh Waters Nike has signed a deal with No. 1-ranked pickleball player Anna Leigh Waters, making her the first pickleball athlete to join Nike’s roster. While the terms of the deal were not disclosed, Waters will represent Nike for…
Customers walk in the parking lot outside a Costco store on Dec. 2, 2025 in Chicago, Illinois. Scott Olson | Getty Images Costco on Thursday surpassed Wall Street’s quarterly expectations and posted year-over-year sales growth of 8.2% as the retailer attracted more digital sales and opened new locations. The warehouse club does not share a…
Atmosphere at the Variety 2025 Power of Young Hollywood Party, Presented by SANDISK held at the Four Seasons Los Angeles at Beverly Hills on August 07, 2025 in Beverly Hills, California. Michael Buckner | Variety | Getty Images Shares of flash storage vendor Sandisk popped 7% in extended trading on Monday after the company was…
Concerns about the steep valuations of artificial intelligence (AI) stocks and a questionable outlook for an interest rate cut in December weighed on investor sentiment in recent trading sessions. For now, however, Nvidia‘s solid earnings last week seemed to undermine the idea that everything tied to AI investment is in a bubble. Investors looking to…
Duolingo, Doordash and Roblox apps Tiffany Heard-Grear | Bloomberg | Getty Images Across the tech sector this earnings season, companies told Wall Street to get ready for ramped up spending as the artificial intelligence boom accelerates. But while investors largely rewarded the megacaps for their boosted capital expenditure forecasts, or just shrugged off their guidance,…
A DoorDash bag on a bicycle in New York, US, on Tuesday, May 6, 2025. Yuki Iwamura | Bloomberg | Getty Images DoorDash reported third-quarter earnings that missed analyst expectations and said it expects to spend “several hundred million dollars” on new initiatives and development in 2026. The stock plummeted 20% following the report. Here’s…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks were staging a comeback following a nasty selloff on Tuesday. But the rally has not been concentrated in AI-related names. It has developed as…
Close-up of a Starbucks branded paper bag on a picnic table outdoors in a park, Walnut Creek, California, May 19, 2024. Smith Collection/gado | Archive Photos | Getty Images Coffee delivery has turned into a $1 billion business for Starbucks. The coffee giant said on Wednesday that its annual delivery sales crossed the milestone in…
Avishek Das | SOPA Images | Lightrocket | Getty Images Shares of advertising technology company AppLovin and stock trading app Robinhood Markets each jumped about 7% in extended trading on Friday after S&P Global said the two will join the S&P 500 index. The changes will go into effect before the beginning of trading on…
CNBC’s Jim Cramer on Thursday said that although the market may be frothy, investors shouldn’t quit because there are enough positive stock stories to overwhelm the froth with rationality. Cramer used the dotcom bubble burst as an example. During that time in the late 1990s, he said froth involved the market’s continuous roar based on,…
