LA wildfires cost German reinsurers $1.9 billion in first quarter
An aerial view of homes destroyed in the Palisades Fire on January 27, 2025 in Pacific Palisades, California. Mario Tama…
Breaking News Building Bridges
An aerial view of homes destroyed in the Palisades Fire on January 27, 2025 in Pacific Palisades, California. Mario Tama…
SoftBank CEO Masayoshi Son delivers remarks next to U.S. President Donald Trump at an ‘Investing in America’ event in Washington,…
Nintendo said Thursday that it expects to sell 15 million units of its new Switch 2 console in the fiscal…
Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023. Brandon Bell | Getty…
Restaurant Brands International on Thursday reported quarterly earnings and revenue that missed analysts’ expectations as same-store sales of Popeyes, Burger King and…
Members of media chat before the start of a press conference by Aramco at the Plaza Conference Center in Dhahran,…
Justin Sullivan | Getty Images News | Getty Images Krispy Kreme stock plunged 24% on Thursday after the doughnut chain…
A smartphone with the Coinbase logo and representation of cryptocurrencies are placed on a keyboard in this photo taken June…
Lyft CEO David Risher poses for a portrait in New York City, U.S., April 16, 2025. Kylie Cooper | Reuters…
Texas Roadhouse on Thursday evening reported a disappointing first quarter, with inclement weather dragging down comparable store sales. However, early…
Thomas Fuller | SOPA Images | Lightrocket | Getty Images AppLovin shares soared as high as 15% in extended trading…
The Maersk Alfirk, left, and Colorado Express container ships docked at the Port of Los Angeles in Los Angeles, California,…
Uber reported first-quarter results Wednesday that beat analysts’ expectations for earnings, but fell shy of anticipated revenue growth for the quarter. The…
Daytime fireworks launch over Cinderella Castle during a performance of “Mickey’s Magical Friendship Faire” in the Magic Kingdom at Walt…
Palantir co-founder and CEO Alex Karp speaks during the Hill & Valley Forum at the US Capitol Visitor Center Auditorium…
Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on…
The Ford display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC…
Block shares were on track for their second-worst day Friday, plunging more than 20% as investors digested a brutal quarterly…
Could the rallying S & P 500 go for 10 in a row? The S & P 500 on Friday…
Block reported first-quarter results that missed Wall Street expectations on Thursday and issued a disappointing outlook. The stock tumbled 15%…
(Follow along with our full coverage of Berkshire Hathaway’s annual meeting here. Warren Buffett begins talking at 9 a.m. ET.)…
In the increasingly crowded market for peer-to-peer payments, Venmo is showing momentum while Cash App has hit a rough patch.…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time…
The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas. Brandon Bell | Getty Images News…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time…
The morning after US President Trump’s announcement of European and worldwide trade tariffs, which included a 10% levy for imported…
Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19,…
Stellantis logo is pictured at one of its assembly plants following a company’s announcement saying it will pause production there,…
CEO of PayPal Alex Chriss speaks during the Semafor 2025 World Economy Summit at Conrad Washington on in Washington, D.C.,…
Mikael Sjoberg | Bloomberg | Getty Images Swedish-based automaker Volvo Cars on Tuesday announced cost-cutting plans of 18 billion Swedish…
FILE PHOTO: A smartphone with the PayPal logo is placed on a laptop in this illustration taken on July 14,…
Bill McDermott, chairman and CEO of ServiceNow, speaks during an interview on the floor at the New York Stock Exchange…
The busiest week of the earnings season is here, as investors look to some of the biggest companies in the…
Comcast on Thursday outlined changes to its broadband strategy as the business continues to shed customers in the face of…
Intel Corporation’s headquarters in Santa Clara, California, April 23, 2025. David Paul Morris | Bloomberg | Getty Images Intel reported…
An Alaska Airlines Boeing 737 MAX 9 plane sits at a gate at Seattle-Tacoma International Airport on Jan. 6, 2024.…
Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023. David Paul…
Alphabet, the parent company of Google and YouTube, reported stronger-than-expected first-quarter growth on Thursday after the bell. Shares rose more…
A Chipotle store stands in the Bronx on April 23, 2025 in New York City. Spencer Platt | Getty Images…
IBM reported better-than-expected earnings and revenue for the first quarter on Wednesday. Here’s how the company performed: Earnings per share:…
U.S. President Donald Trump and Tesla CEO Elon Musk, alongside Musk’s son X Æ A-Xii, speak to the press as…
Capital One shares rose Tuesday evening after the company posted better-than-expected first-quarter profits, driven by beats on credit quality. With…
Danaher shares on Tuesday climbed more than 6% after the health-care company’s first-quarter results exceeded expectations — and, crucially, its…
Investors are entering 2025’s first-quarter earnings season with a huge cloud of uncertainty hanging over them — thanks primarily to…
Guests including Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk attend the inauguration of Donald J. Trump…
Bank of America on Tuesday posted first-quarter results that topped analysts’ expectations for profit and revenue on stronger-than-expected net interest…
Jaap Arriens | Nurphoto | Getty Images Dutch semiconductor equipment giant ASML on Wednesday missed order expectations and said that…
Taiwan Semiconductor Manufacturing Company (TSMC) headquarters in Hsinchu, Taiwan, on April 16, 2025. Anadolu | Anadolu | Getty Images Taiwan…
UnitedHealth Group cut its annual profit forecast on Thursday in anticipation of higher-than-expected medical costs, triggering a 19% selloff in…
A guest wears white shirt, brown pants, brown suede jacket and brown Hermes bag with a green and white silk…
Netflix co-CEO Ted Sarandos attends Netflix’s FYSEE event for “Squid Game” at Raleigh Studios Hollywood in Los Angeles, June 12,…
Greg Peters, Co-CEO of Netflix, speaks at a keynote on the future of entertainment at Mobile World Congress 2023. Joan…
American Express‘s affluent cardmembers are showing few signs of curbing their spending, and younger customers drove growth in first-quarter transaction…
Shares of Abbott Laboratories jumped Wednesday after the diversified health-care company delivered strong first-quarter results and left its earnings guidance…
Financial markets have been roiled over the past month on escalating concerns about a recession and a global trade war…
A United Airlines Boeing 767 passenger aircraft approaches Newark Liberty International Airport as trucks travel near the Port Jersey Container…
Jane Fraser, CEO of Citigroup, attends a hearing on Annual Oversight of Wall Street Firms before the Senate Committee on…
BlackRock’s first-quarter earnings on Friday reaffirmed our investment in the stock, despite a choppy operating environment out of the asset…
Goldman Sachs on Monday reported better-than-expected first-quarter results, jumping over Wall Street’s lowered bar and reassuring investors. Revenue in the…
David Solomon, CEO of Goldman Sachs, testifies during a Senate Banking Committee hearing at the Hart Senate Office Building in…
President Donald Trump’s pause on sweeping global tariffs while keeping the pressure on China was good for a glorious, one-day…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time…
Wells Fargo on Friday morning reported a mixed first quarter with misses across key revenue lines, offset by lower expenses…
A Wells Fargo Bank branch is seen in New York City on March 17, 2020. Jeenah Moon | Reuters Wells…
People walk out of the Morgan Stanley global headquarters in Manhattan on March 20, 2025 in New York City. Spencer…
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during the 2025 National Retirement Summit in Washington, DC,…
Case of Modelo, a beer imported from Mexico, are seen for sale at a grocery store in Arlington, Virginia, February…
Delta Air Lines won’t expand flying in the second half of the year because of disappointing bookings amid President Donald…
Walgreens on Tuesday reported fiscal second-quarter earnings and revenue that topped expectations, as the retail drugstore giant benefits from cost…
Stocks are getting clobbered since President Donald Trump announced new tariffs last Wednesday. The problem for investors in search of…
After President Donald Trump’s new tariffs crushed global stocks for a second consecutive day, CNBC’s Jim Cramer said next week’s…
A Xiaomi store in Shanghai, China, on March 16, 2025. Qilai Shen/Bloomberg | Bloomberg | Getty Images Chinese electric carmakers…
People look at Rivian electric trucks at the auto maker’s newly opened storefront in the Meatpacking District of Manhattan on…
General view of a Tesla Store in Paramus, New Jersey, on March 20, 2025. Kena Betancur | Getty Images Tesla reported…
The Huawei booth at the Mobile World Congress in Barcelona, 2025. Arjun Kharpal | CNBC Huawei on Monday reported a…
Lululemon store in Manhattan, New York City, U.S., on July 15, 2024. Beata Zawrzel | Nurphoto | Getty Images Lululemon…
Signage outside the Micron offices in San Jose, California, on Dec. 17, 2024. David Paul Morris | Bloomberg | Getty…
A FedEx plane prepares to leave the FedEx Cargo Hub at Miami International Airport on Feb. 12, 2025 in Miami,…
Nike on Thursday warned that sales will drop by a double digit percentage in its current quarter as the sneaker…
Darden Restaurants on Thursday reported weaker-than-expected sales as Olive Garden and LongHorn Steakhouse underperformed analysts’ projections. The restaurant company blamed…
CrowdStrike CEO George Kurtz speaks at the Wall Street Journal Tech Live conference in Laguna Beach, California, on Oct. 21,…
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in…
German airline group Lufthansa is hopeful that the new U.S. administration will support Boeing in overcoming issues that have led…
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct.…
The new Volkswagen ID. EVERY1 is displayed during the presentation during the presentation of the Volkswagen ID. EVERY1 on March…
Dick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it…
Rheinmetall MAN Military Vehicle drives on the road on Nov. 20, 2024, in Donetsk Oblast, Ukraine. Yan Dobronosov | Global…
Simon2579 | E+ | Getty Images Stephen Gilliam works 40 hours a week as a graphic designer for a government…
Shantanu Narayen, Chair and CEO of Adobe Systems, addresses the gathering on the first day of the three-day B20 Summit…
WUHAN, CHINA – MAY 25: (CHINA OUT) Attendees wear protective masks as they look around the at BMW Ix3 during…
Chinese battery giant Contemporary Amperex Technology (CATL), pictured here on April 2, 2020, broke ground on its first overseas factory…
Docusign rose more than 14% after reporting stronger-than-expected earnings after the bell Thursday. “We’ve really stabilized and I think started…
Ulta Beauty on Thursday issued weak guidance for the year ahead as it navigates a series of internal missteps, rising…
A Dollar General store in Germantown, New York, on Nov. 30, 2023. Angus Mordant/Bloomberg via Getty Images Dollar General on…
American Eagle warned investors on Wednesday that consumers are pulling back on spending and it’s seen a “slower start” to…
In an aerial view, a Volkswagen assembly plant is seen on April 19, 2024 in Chattanooga, Tennessee. Elijah Nouvelage |…
AI agents predict token price swings on a DEX for AI agents Predicting token price swings on a decentralized exchange…
L’Oreal could avoid the worst of the tariff war with the U.S., the beauty giant’s CEO Nicolas Hieronimus, told CNBC,…
Kohl’s posted an earnings and revenue beat for the fourth quarter on Tuesday, but its stock plunged as it issued…
Matt Murphy, CEO of Marvell Technology. Scott Mlyn | CNBC Marvell Technology shares plummeted 19.8% after the chipmaker’s guidance fell…
Dev Ittycheria, CEO of MongoDB Adam Jeffery | CNBC MongoDB shares cratered more than 26.9% for their worst day ever…
A shopper carries her early Black Friday purchases on Thanksgiving Day, November 28, 2024, at the Citadel Outlets shopping center…
Antonio Neri, CEO of Hewlett Packard Enterprise, speaks during an interview with CNBC on the floor of the New York…
Costco on Thursday reported an earnings miss, but beat expectations for revenue for the second quarter as quarterly comparable sales…
Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom reported first-quarter earnings on Thursday that topped analysts’ expectations, and the…
Hock Tan, CEO of Broadcom. Martin H. Simon | Bloomberg | Getty Images Broadcom shares rose about 6% after the…
Broadcom shares were rewarded Thursday evening after the chipmaker delivered the kind of quarterly beats and strong guidance needed to…
Costco on Thursday reported another sturdy — if mixed — quarter, demonstrating that its focus on keeping prices low continues…
Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can…
Dev Ittycheria, CEO of MongoDB Adam Jeffery | CNBC MongoDB shares sank 16% in extended trading on Wednesday after the…
Foot Locker said Wednesday it expects another year of deep discounts in the sneaker industry as its largest brand partner…
CrowdStrike reported a strong fourth-quarter results Tuesday night, delivering beats on revenue, adjusted earnings and net new annual recurring revenue.…
A man walks by the front of a Best Buy store at American Dream Mall on November 29, 2024 in…
Salesforce shares fell in extended trading Wednesday on mixed quarterly results and weak guidance. However, the enterprise software giant’s AI…
Nvidia on Wednesday evening delivered a better-than-expected fiscal 2025 fourth quarter driven by a $2 billion revenue beat on data…
The bulls on Wall Street emerged victorious Friday but not for the week. Investors shook off a midday, end-of-the-week sell-off…
Signage at the Nvidia Corp. offices in Taipei, Taiwan, on Tuesday, Jan. 28, 2025. Photographer: An Rong Xu/Bloomberg via Getty…
Shoppers never know exactly what they will find at a T.J. Maxx, Marshalls, or HomeGoods. Investors, on the other hand,…
A model of an UltraFan on the Rolls-Royce Holdings Plc stand on day two of the Farnborough International Airshow in…
Nvidia CEO Jensen Huang presents the Nvidia Blackwell platform at an event ahead of the Computex forum, in Taipei, Taiwan,…
Jakub Porzycki | Nurphoto | Getty Images Snowflake shares rose 4.5% Thursday after the data analytics software company posted stronger-than-expected…
Michael Dell, chairman and chief executive officer of Dell Inc., speaks during the Dell Technologies World conference in Las Vegas,…
A sign outside of the Warner Brothers Discovery Techwood Turner Broadcasting campus is seen on June 26, 2024 in Atlanta,…
Salesforce CEO Marc Benioff appears at the World Economic Forum in Davos, Switzerland, on Jan. 23, 2025. Halil Sagirkaya |…
A Lowe’s store stands in Brooklyn on February 27, 2024 in New York City. Spencer Platt | Getty Images Lowe’s…
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24,…
Home Depot on Tuesday topped Wall Street’s quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer…
Chegg seen at the New York Stock Exchange on Feb. 13, 2025. Danielle DeVries | CNBC Chegg on Monday filed…
Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. …
Warren Buffett is about to address shareholders and countless admirers following a series of market-moving events — a fresh trade…
Walmart stock may be a steal. Former Walmart U.S. CEO Bill Simon contends the retailer’s stock sell-off tied to a slowing…
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, photographed during a 2011 trip to Japan. Bloomberg | Bloomberg…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a…
Marco Bello | AFP | Getty Images Block shares plunged 18% on Friday, their steepest drop since 2020, after the…
The Alibaba office building is seen in Nanjing, Jiangsu province, China, on Aug 28, 2024. CFOTO | Future Publishing |…
Rivian Automotive beat Wall Street’s fourth-quarter earnings expectations and achieved its first gross quarterly profit — a target closely watched…
A Walmart store in Martinez, California, on Nov. 18, 2024. David Paul Morris | Bloomberg | Getty Images Walmart will…
An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg…
A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico June 14,…
Check out the companies making headlines after the bell : Howard Hughes Holdings — Shares slipped about 5% after Pershing…
Piotr Swat | Lightrocket | Getty Images Shares of AppLovin closed more than 20% higher Thursday after the company reported…
Thomas Fuller | Lightrocket | Getty Images Airbnb shares jumped 15% in extended trading on Thursday after the company reported fourth-quarter earnings and…
Sony PlayStation game controllers are displayed at a Best Buy store on December 17, 2024 in San Rafael, California. Justin…
Club stock Palo Alto Networks dropped Thursday evening on a strong quarter and a solid full-year outlook that were not…
Moderna on Friday posted fourth-quarter revenue that beat estimates, but lost more than expected for the period, as the biotech…
Shares of Roku surged 14% Friday, notching a new 52-week high, on earnings that beat Wall Street expectations. In an…
U.S. President Donald Trump signs an executive order establishing the Energy Dominance Council led by Secretary of the Interior Doug…
Brian Chesky, co-founder and CEO of Airbnb Inc., during a news conference in Los Angeles on May 1, 2024. Eric…
A Hermes Birkin bag in a window display at a KaDeWe department store in Berlin, Germany, on Friday, Jan. 3,…
The Coinbase logo is displayed on a smartphone with stock market percentages on the background. Omar Marques | SOPA Images…
Pints of Ben & Jerry’s ice cream are seen on a shelf at Ideal Fresh Market of Church Ave on…
Adam Foroughi, CEO of AppLovin. CNBC AppLovin shares soared almost 30% in extended trading on Wednesday after the company reported…
The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | Reuters…
Super Micro Computer CEO Charles Liang at the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih |…
A Gucci store, operated by Kering SA, in the Sanlitun area of Beijing, China, on Saturday, Oct. 12, 2024. Bloomberg…
McDonald’s on Monday reported disappointing quarterly revenue, dragged down by weaker-than-expected sales at its U.S. restaurants following an E. coli…
Piyush Gupta, chief executive officer of DBS Group Holdings Ltd., during a news conference in Singapore, on Monday, Feb. 10,…
Doximity at the New York Stock Exchange for its initial public offering on June 24, 2021. Source: NYSE Shares of…
Sopa Images | Lightrocket | Getty Images Pinterest shares surged 19.1% after the company beat Wall Street’s fourth-quarter sales estimates…
Megacap technology companies funneled billions of dollars into artificial intelligence last year to try and keep up with unfettered demand.…
Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort…
An Estee Lauder counter is seen on the floor of a department store in Brooklyn on Feb. 5, 2025 in…
Affirm shares jumped more than 15% in extended trading on Thursday after the provider of buy now, pay later loans…
The logo of U.S. fashion brand Coach is seen in New York on Nov. 19, 2024. Charly Triballeau | AFP…
Maersk shares jumped more than 10% after the shipping giant posted better-than-expected fourth-quarter results on Thursday, putting shares on course…
DETROIT — Ford Motor beat Wall Street’s top- and bottom-line expectations for the fourth quarter but forecast a tougher year…
Poster and logo on the Coupole Tower, compagny Total’s head office renamed TotalEnergies in 2021 in the La Defense business…
FILE PHOTO: Spencer Rascoff, co-founder and executive chairman of dot.LA, speaks during the Montgomery Summit in Santa Monica, California, U.S.,…
UBS shares lost ground after the lender’s fourth-quarter results and up to $3 billion share buyback plans failed to impress.…
Alex Karp, chief executive officer of Palantir Technologies Inc., during a Bloomberg Technology television interview during the FoundryCon event in…
Hiroki Takeuchi, co-founder and CEO of GoCardless. Zed Jameson | Bloomberg | Getty Images Financial technology unicorn GoCardless more than…
The corporate earnings season will reach its halfway point with the busiest week of the reporting period. More than 100…
Chevron reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins dragged its refining business into a loss…
Microsoft CEO Satya Nadella commented on its “real innovations.” OpenAI’s Sam Altman described it as “clearly a great model.” Apple…
Eaton on Friday delivered mixed fourth-quarter results Friday, but the electrical components and power systems company made clear that its fast-growing…
Mike Cannon-Brookes, co-founder of software company Atlassian Corp., in Sydney, Australia, Dec. 6, 2023. Lisa Maree Williams | Bloomberg |…
An office building designed by Frank O. Gehry at the Novartis AG headquarters campus in Basel, Switzerland. Bloomberg | Getty…
Michelle Johnston Holthaus, Intel’s co-CEO and then executive vice president and general manager of the company’s Client Computing Group, holds…
A Shell logo is displayed on May 03, 2024 in Austin, Texas. Brandon Bell | Getty Images News | Getty…
André Thierig, plant manager of the Tesla Gigafactory Berlin-Brandenburg, stands at the final inspection of the production of Tesla Model…
Nicolai Tangen, CEO of Norges Bank Investment Management, at the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025.…
The Starbucks logo is seen on a cup at one of its cafes on April 26, 2024. Jakub Porzycki/ |…
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca…
AT&T’s fourth-quarter wireless subscriber growth surpassed expectations on Monday, fueled by strong demand for its discounted premium plans combining 5G…
Passengers wait to board an aircraft of low cost Irish airline Ryanair at the Berlin-Brandenburg airport in Schoenefeld near Berlin,…
The busiest week of the earnings season is here, with some of the world’s largest tech companies slated to report.…
Twilio CEO Khozema Shipchandler speaks at Twilio’s Signal event in Sao Paulo on Aug. 14, 2024. Courtesy: Twilio Cloud communications…
Shoppers walk into a Burberry store at Fashion Valley, an upscale shopping mall on December 13, 2024 in San Diego,…
Silas Stein | Picture Alliance | Getty Images American Express’ affluent cardholders got comfortable spending more freely again late last…
Twilio CEO Khozema Shipchandler speaks at Twilio’s Signal event in Sao Paulo on Aug. 14, 2024. Courtesy: Twilio Twilio shares soared…
An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King…
Check out the companies making headlines after the bell : Boeing — The airplane maker saw shares dropping nearly 2%…
Here are the stocks making the biggest moves in the evening of Wednesday, Jan. 22. Electronic Arts — Shares of…
Visitors play the ‘EA Sports FC 25’ game in front of a placard with England’s midfielder Jude Bellingham at the…
The word “Netflix” shines brightly at the presentation of the new season (3) of the Netflix series “Bridgerton” in the…
Nurphoto | Nurphoto | Getty Images Shares of Netflix soared more than 10% Tuesday after the company posted fourth-quarter results…
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and…
BlackRock reported better-than-expected earnings Wednesday, lifting shares of the asset management giant higher as it embarks on a pivotal year…
Wells Fargo shares rallied Wednesday after the bank delivered better-than-expected earnings for the fourth quarter. While the reported numbers were…
It’s a short week on Wall Street, but there are major earnings reports on deck that could move the stock…