A Qantas Airways Boeing 737 aircraft takes off from Sydney International Airport in Sydney on August 18, 2025. David Gray | Afp | Getty Images Shares of Australian flag carrier Qantas rose to a record high Thursday after its full-year earnings results beat estimates, buoyed by resilient demand across its domestic and international networks. Qantas…
European stock markets opened higher on Thursday, as investors assess an above-consensus quarterly earnings report from tech giant Nvidia. The U.S.-listed firm, which makes products for tech giants including Microsoft, Google, Meta and Amazon, said sales growth this quarter will remain above 50% in a sign of the continued resilience of the artificial intelligence boom….
Pro-Palestinian demonstrators hold banners and signs as they protest outside the Microsoft Build conference at the Seattle Convention Center in Seattle, Washington on May 19, 2025. Jason Redmond | Afp | Getty Images Microsoft on Thursday said that it had terminated two employees who broke into President Brad Smith’s office earlier this week. The news…
As investors digested the highly-anticipated earnings report from Nvidia, CNBC’s Jim Cramer rejected the notion of a looming artificial intelligence bubble, saying the massive AI spend across Big Tech is worthwhile. “I don’t care about the seemingly sky-high market capitalization that these stocks have. I’m simply trying to put a valuation on a company that…
Sunset scene of light trails traffic speeds through an intersection in Gangnam center business district of Seoul at Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets traded largely lower Thursday as investors await the Bank of Korea policy decision. Japan’s Nikkei 225 slid 0.52%, while the Topix tumbled 0.33%. South Korea’s…
New York-listed shares of Canada Goose rose in premarketing trading, after a CNBC report that the winter-clothing maker’s controlling shareholder, Bain Capital, has received bids to take the company private. The stock was up 7.64% at 07:08 E.T. Private equity firm Bain Capital is looking to offload its holding in Canada Goose, sources told CNBC’s…
European markets are heading for a higher open Wednesday as traders gear up for a quarterly earnings report from chipmaker Nvidia. The Nasdaq-listed stock has become a bellwether for the global technology sector, particularly regarding the progress of the artificial intelligence boom, as its major corporate customers include Microsoft, Google, Meta and Amazon. Its value…
SHANGHAI, CHINA – DECEMBER 02: A citizen walks by a Canada Goose store on December 2, 2021 in Shanghai, China. Visual China Group | Getty Images Canada Goose’s controlling shareholder, Bain Capital, has received bids aimed at taking the luxury parka-maker private at a valuation of about $1.4 billion, according to people familiar with the…
A woman looks at the jewelry displayed at a jewelry shop. Pankaj & Insy Shah | Gulfimages | Getty Images India’s exports to the U.S. will invite a steep 50% tariff from Wednesday, as U.S. President Donald Trump’s additional 25% levies on New Delhi over its Russian oil purchases take effect. Analysts are warning that…
Robots manufacture auto parts at a factory in Ningde, China, on Oct. 17, 2024. Nurphoto | Nurphoto | Getty Images China’s industrial profits slipped 1.5% from a year earlier in July, marking a notable recovery following months of steeper declines as Beijing’s campaign against price wars helped improve companies’ margins. This is breaking news. Please…
