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Lululemon shares tumble 20% as it cuts full-year earnings guidance, citing ‘dynamic macroenvironment’

Lululemon beat Wall Street expectations for fiscal first-quarter earnings Thursday, but cut its full-year earnings guidance, citing a "dynamic ma...

Trump announces 35% tariffs on Canada starting Aug. 1, warns of higher levies if Ottawa retaliates

U.S. President Donald Trump and Canada's Prime Minister Mark Carney talk during a family photo at the G7 Summit in Kananaskis, Alberta, Canada, J...

OpenAI hits $10 billion in annual recurring revenue fueled by ChatGPT growth

OpenAI CEO Sam Altman appears on screen during a talk with Microsoft Chair and CEO Satya Nadella at the Microsoft Build 2025 conference in Seattl...

Powell asks inspector general to review $2.5 billion renovation after Trump blasts Fed project

Construction on the Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Wednesday, June 25, 2025. Al Drago | Bloomberg | Getty ...

Business

Pepsi introduces prebiotic cola months after Poppi acquisition

Pepsi Prebiotic Cola.Courtesy: PepsiCoPepsiCo on Monday announced that it will launch a prebiotic cola under its namesake soda brand, starting th...

Palantir tops $1 billion in revenue for the first time, boosts guidance

Palantir topped Wall Street's estimates Monday, surpassing $1 billion in quarterly revenue for the first time, and hiking its full-year guidance....

Airport lounges, Europe and premium class are on the table, Southwest CEO says

A Southwest Airlines Boeing 737 MAX8 departs from San Diego International Airport to Chicago on March 4, 2025 in San Diego, California. Kevin Car...

E.l.f. Beauty to acquire Hailey Bieber skincare brand Rhode in deal valued up to $1 billion

Hailey Bieber attends the Rhode UK launch party with Hailey Bieber at Chiltern Firehouse on May 17, 2023 in London, England. Dave Benett | D...

Foreign shareholders traveling to Omaha for Berkshire Hathaway annual meeting face new puzzle

Attendees arrive at the auditorium of the CHI Health Center during the Berkshire Hathaway annual meeting in Omaha, Nebraska, US, on Saturday, May...

UK Finance Minister Rachel Reeves’ spending plans risk creating ‘a snowball effect’ that pushes borrowing costs higher

LONDON, UNITED KINGDOM - MARCH 26, 2025: Britain's Chancellor of the Exchequer Rachel Reeves leaves 11 Downing Street ahead of the announcement o...

FDA to consider drug affordability when granting new vouchers to speed up approvals, Makary says

The Food and Drug Administration will consider drug affordability when granting companies new vouchers that speed up approvals of some treatments...

Earnings

Cramer says Broadcom is a buy for new investors, Apple stock’s less ‘treacherous’

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 Friday's key momen...

Palantir tops $1 billion in revenue for the first time, boosts guidance

Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact

We own Linde to deliver in tough times. It didn’t disappoint this quarter

Why we’re keeping our buy rating on Amazon — even as shares tumble after earnings

Latest

Ray Dalio sells his last remaining stake in Bridgewater, steps away from hedge fund’s board

Ray Dalio, founder of Bridgewater Associates LP, speaks during the Milken Institute Asia Summit in Singapore, on Wednesday, Sept. 18, 2024. The s...

Contentious July jobs report confirms the U.S. economy is slowing sharply. Here’s why

Caution tape hangs near the steps of Federal Hall across from the New York Stock Exchange in New York.Michael Nagle | Bloomberg | Getty ImagesTho...

Palantir tops $1 billion in revenue for the first time, boosts guidance

Palantir topped Wall Street's estimates Monday, surpassing $1 billion in quarterly revenue for the first time, and hiking its full-year guidance....

Shares of American Eagle surge 20% after Trump calls Sydney Sweeney campaign ‘hottest ad out there’

An American Eagle advertisement featuring actress Sydney Sweeney on billboards in New York, US, on Monday, Aug. 4, 2025. Michael Nagle | Bloomber...

Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy

Two Federal Reserve officials who voted this week against holding a key interest rate in place explained their decisions Friday, both indicating ...

Here’s where the jobs are in this slowing economy

Jose Luis Pelaez Inc | Digitalvision | Getty ImagesHealth care remained a resilient sector for jobs in July even as the broader labor market show...

Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025.CNBCBerkshire Hathaway on Satu...

JFK airport’s $9.5 billion international terminal is taking shape. See what’s inside

The future ticket counter at JFK's new Terminal 1.Leslie Josephs/CNBCIt's far from finished but the new, $9.5 billion Terminal 1 at John F. Kenne...

‘The eye of the hurricane’: Why the U.S. job market has soured, economists say

Ozgur Donmaz | Photodisc | Getty ImagesThe U.S. job market has been showing signs of a gradual weakening. But new federal data issued Friday sugg...

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates

Dr. Adriana Kugler, member of the Board of Governors of the Federal Reserve, speaks to The Economic Club of New York in New York City, U.S., June...

We own Linde to deliver in tough times. It didn’t disappoint this quarter

Linde on Friday reported better-than-expected quarterly results Thursday, showcasing what the industrial gas giant does best when times get tough...

Why Black entrepreneurs flock to Martha’s Vineyard every August

Sign at Martha's Vineyard Airport, Massachusetts Cindygoff | Istock | Getty ImagesMartha's Vineyard has long been a summer vacation destination f...

Recent

Zohran Mamdani’s victory in NYC mayoral primary leaves Wall Street ‘alarmed’ and ‘depressed’

To say Wall Street isn't a fan of Zohran Mamdani would be an understatement.In fact, high-profile investors and business leaders in the Big Apple...

Contentious July jobs report confirms the U.S. economy is slowing sharply. Here’s why

Caution tape hangs near the steps of Federal Hall across from the New York Stock Exchange in New York.Michael Nagle | Bloomberg | Getty ImagesTho...

Palantir tops $1 billion in revenue for the first time, boosts guidance

Palantir topped Wall Street's estimates Monday, surpassing $1 billion in quarterly revenue for the first time, and hiking its full-year guidance....

Here’s where the jobs are in this slowing economy

Jose Luis Pelaez Inc | Digitalvision | Getty ImagesHealth care remained a resilient sector for jobs in July even as the broader labor market show...

Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025.CNBCBerkshire Hathaway on Satu...

Finance

Finance

‘This market is pricing in perfection,’ warns Verdence Capital CI...

Admin—July 28, 2025 0

The market may be trading around record highs, but the Verdence Capital Advisors CIO is worried trouble is lurking.Megan Horneman, who oversees $...

Media trailblazer Tom Rogers changes ‘raging bull’ stance on Netflix, sees worrisome signs

July 27, 2025

Deutsche Bank shares gain 9% after second-quarter profit beat

July 26, 2025

Goldman Sachs and BNY join forces to transform $7.1 trillion money market industry with digital tokens

July 24, 2025

Earnings

Earnings

Economy