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Netflix delays password-sharing crackdown rollout, posts mixed results

Reed Hastings, co-CEO of Netflix, participates in the Milken Institute Global Conference on October 18, 2021 in Beverly Hills, California.Patrick...

Tesla is not the only company reviewing its Europe investment after Biden’s Inflation Reduction Act

Elon Musk, Tesla CEO, on a stage at the Tesla Gigafactory in Grünheide, Germany.Picture Alliance | Picture Alliance | Getty ImagesTesla recently ...

Kohl’s shares jump as retailer reports a surprise profit

Kohl's shares spiked Wednesday as the struggling retailer posted a surprise profit and affirmed its full-year guidance while it chases a turnarou...

Globally critical chip firm ASML jumps 6% after earnings; sees limited impact from U.S. China curbs

Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs...

Business

Severe natural disasters expose Asia’s lack of insurance protection

Rescuers evacuate stranded people in the waterlogged urban area of Weihui City in Xinxiang, central China's Henan Province, July 27, 2021.Li An |...

MongoDB shares jump more than 20% after database company beats expectations and raises guidance

Dev Ittycheria, CEO, MongoDB.Scott Mlyn | CNBCShares of MongoDB rose as much as 22% in extended trading Thursday after the database software make...

Disney rips DeSantis bid to disqualify judge in free speech lawsuit

Chairman of The Walt Disney Company Bob Iger.Drew Angerer | Getty ImagesDisney urged a federal court to reject a request by Florida Gov. Ron DeSa...

XPO Logistics’ Brad Jacobs discusses stepping down as CEO with Mario Harik to succeed him

XPO Logistics announced Thursday that Mario Harik will be taking over the role of chief executive from Brad Jacobs after the company's spin-off o...

Stablecoin regulation would be good for the US Dollar, MicroStrategy CEO says

The stablecoin sector is one of the fastest-growing in the crypto industry, and Michael Saylor said it could ensure the US Dollar remains the lea...

Jim Cramer’s Investing Club meeting Tuesday: Bank pick, consumer play, Alphabet

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key mome...

EBay and Etsy drop on weak guidance as e-commerce crunch continues

An employee walks past a quilt displaying Etsy Inc. signage at the company's headquarters in the Brooklyn.Victor J. Blue/Bloomberg via Getty Imag...

Earnings

Levi Strauss earnings top estimates as shoppers buy at higher prices, denim retailer reaffirms 2022 outlook

An employee holds a shopping bag while ringing up a customer at the Levi Strauss & Co. flagship store in San Francisco, March 18, 2019.David ...

Lululemon shares surge after reporting 24% sales growth, raising full-year guidance

Salesforce raises guidance but sees pressure as customers back away from big consulting deals

Abercrombie & Fitch surges more than 30% after reporting surprise profit

Latest

Crypto bill from Republicans lays out clear roles for SEC and CFTC

Rep. Patrick McHenry, a Republican of North Carolina and ranking member of the House Financial Services Committee, speaks during a hearing in Was...

Unemployment dropped among Hispanic men and women in May but rose for Black workers

Steve Debenport | E+ | Getty ImagesThe U.S. unemployment rate rose in May, but declined for Hispanic workers, according to the latest nonfarm pay...

MongoDB shares jump more than 20% after database company beats expectations and raises guidance

Dev Ittycheria, CEO, MongoDB.Scott Mlyn | CNBCShares of MongoDB rose as much as 22% in extended trading Thursday after the database software make...

Buy Buy Baby draws sale interest in Bed Bath & Beyond bankruptcy, one bidder looks to save stores

Bed Bath & Beyond is expected to be dissolved after the failed retailer declared bankruptcy, but the company's crown jewel — Buy Buy Baby — m...

Stocks making the biggest moves after hours: Lululemon, MongoDB, Five Below and more

A Lululemon sign is seen at a shopping mall in San Diego, California, November, 23, 2022.Mike Blake | ReutersCheck out the companies making headl...

Here’s what to watch out for in Friday’s jobs report for May

Construction workers on a job site on May 05, 2023 in Miami, Florida.Joe Raedle | Getty ImagesWatching the monthly jobs reports this year has bee...

Lululemon shares surge after reporting 24% sales growth, raising full-year guidance

Lululemon reported earnings that beat Wall Street's estimates on the top and bottom lines Thursday and raised its full-year guidance, bolstered b...

CNN’s new COO hire underscores bond between CEO Chris Licht and WBD boss David Zaslav

Chris Licht, Chairman and CEO of CNN Worldwide.Courtesy: CNNCNN CEO Chris Licht is about to get some help running his news network from a longtim...

TripAdvisor rival GetYourGuide nears $2 billion valuation as it raises fresh funds to invest in A.I.

GetYourGuide CEO Johannes Reck.GetYourGuideGerman online travel startup GetYourGuide raised $194 million from investors, hoping to capitalize on ...

Salesforce raises guidance but sees pressure as customers back away from big consulting deals

Salesforce CEO Marc Benioff attends the TIME100 Gala at Jazz at Lincoln Center in New York on April 26, 2023.Dimitrios Kambouris | Getty ImagesSa...

Not just shoplifting: Here’s why companies say retail theft is such a big deal

For several years, the terms shrink, retail crime and organized retail theft have echoed from the mouths of politicians, police officers, trade g...

Very few U.S.-China flights are back despite the end of Covid

BEIJING — Fewer than 6% of U.S. flights to and from mainland China that existed in 2019 have resumed, according to a Nomura report.In contrast, f...

Bitcoin

EU Parliament votes against the proposal limiting Proof-of-Work cryptocurrencies

EU lawmakers rejected the proposed ban of cryptocurrencies that use the Proof-of-Work mechanism The proposal, which has been a hot debate in rece...

Goldman Sachs Gives Bitcoin a Thumbs Up, Giving Blockchain Arcade Metacade A Boost

Major news has been released about cryptocurrency Bitcoin’s price action and how it relates to financial giant, Goldman Sachs. Goldman Sachs has ...

When Will The Crypto Bull Market Return? Bitcoin’s Recent Rally Is Good News For Gaming Hub Metacade

As the first cryptocurrency, and the largest by market capitalization, the Bitcoin price is often the first to move. Other cryptocurrencies are t...

Twitter Lists Bitcoin and Ethereum Price Charts, What This Means for New Cryptos Like Metacade

Twitter’s new head honcho Elon Musk does nont disguise his love of cryptocurrencies. His backing of the meme coin Dogecoin caused a temporary hik...

Crypto Price Forecast: Bitcoin (BTC), ApeCoin (APE) and Metacade (MCADE)

The start of a new year is always a good time to reflect on the past, and look forward to the future. Like so many, Bitcoin (BTC) and ApeCoin (AP...

Economy

Fed’s Bullard says inflation ‘could get out of control,’ so action is needed now

James BullardOlivia Michael | CNBCNEW YORK — St. Louis Federal Reserve President James Bullard cautioned Thursday that without central bank actio...

Unemployment dropped among Hispanic men and women in May but rose for Black workers

Steve Debenport | E+ | Getty ImagesThe U.S. unemployment rate rose in May, but declined for Hispanic workers, according to the latest nonfarm pay...

Here’s what to watch out for in Friday’s jobs report for May

Construction workers on a job site on May 05, 2023 in Miami, Florida.Joe Raedle | Getty ImagesWatching the monthly jobs reports this year has bee...

Outlook for household spending slumped in April, New York Fed survey shows

People walk in front of a store along the Magnificent Mile shopping district on March 15, 2023 in Chicago, Illinois.Scott Olson | Getty ImagesHou...

A U.S. recession would be ‘good news’ for markets, strategist says

Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2023 in New York City. Michael M. Santiago | Gett...

Finance

Crypto bill from Republicans lays out clear roles for SEC and CFT...

Admin—June 3, 2023 0

Rep. Patrick McHenry, a Republican of North Carolina and ranking member of the House Financial Services Committee, speaks during a hearing in Was...

Stocks making the biggest moves after hours: Lululemon, MongoDB, Five Below and more

June 2, 2023

TripAdvisor rival GetYourGuide nears $2 billion valuation as it raises fresh funds to invest in A.I.

June 1, 2023

Very few U.S.-China flights are back despite the end of Covid

May 31, 2023

Earnings

MongoDB shares jump more than 20% after database company beats ex...

Admin—June 3, 2023 0

Dev Ittycheria, CEO, MongoDB.Scott Mlyn | CNBCShares of MongoDB rose as much as 22% in extended trading Thursday after the database software make...

Lululemon shares surge after reporting 24% sales growth, raising full-year guidance

June 2, 2023

Salesforce raises guidance but sees pressure as customers back away from big consulting deals

June 1, 2023

Abercrombie & Fitch surges more than 30% after reporting surprise profit

May 31, 2023

Economy

Unemployment dropped among Hispanic men and women in May but rose...

Admin—June 3, 2023 0

Steve Debenport | E+ | Getty ImagesThe U.S. unemployment rate rose in May, but declined for Hispanic workers, according to the latest nonfarm pay...