Companies
Earnings, results, corporate strategy and the balance sheets of the biggest listed companies in the world.
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CrowdStrike Shares Pop 13% After CEO Touts Best-Ever Quarter—Here’s Why He Says Anthropic Is Responsible
One investment research firm said CrowdStrike’s business was “firing on all cylinders.”
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Nasdaq jumps 0.8% as Nvidia's revenue outlook lifts chip stocks
Nvidia projected 70% revenue growth in fiscal 2028, lifting chip stocks and broader market sentiment on Thursday
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Delivery Hero raised its full-year forecast as growth accelerated ahead of Uber takeover
The German food-delivery company now expects gross merchandise value growth of 9% to 11% and adjusted EBITDA of up to €1 billion
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Okta skyrockets 20%, CrowdStrike surges 15% as rising AI threat boosts earnings
AI adoption is pushing customers to spend more on cybersecurity tools from companies such as CrowdStrike and Okta
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Salesforce CEO Benioff dismisses 'SaaSpocalypse' as AI spending jumps 435%
Salesforce posted $11.35 billion in Q2 revenue and unveiled a Claude-powered plugin for sales teams as stock climbed 12% after hou…
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Urban Outfitters posted record sales as Free People drove gains across all brands
The apparel company's net income rose to $240.7 million from $143.9 million a year earlier, with growth across all brands and segm…
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A Fed regional chief is warning that interest rates may need to go higher to beat inflation
Jeffrey Schmid said Thursday that inflation remains "stubborn and sticky," though he stopped short of calling for a rate increase
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Z.ai stock surged after launching an AI model running entirely on Chinese chips
The company says it handled all online traffic for the model on 100,000 domestically made chips, a claim CNBC could not independen…
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HP's revenue surged to a record but its stock sank as PC shipments plunged
Personal Systems revenue rose 18% to $11.8 billion, but unit shipments fell 16% as memory costs squeezed margins
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Bernstein is forecasting bitcoin could reach $300,000 by 2029 on debasement trade
Analyst Gautam Chhugani said the firm expects bitcoin to recover to a new all-time high of $150,000 by mid-2027 before peaking at …
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Moderna is raising $2 billion in convertible debt to fund its cancer drug push
The biotech company will sell notes due 2032, with an option to raise an additional $300 million, days after its stock hit a multi…
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U.S. is investigating a freight company for allegedly smuggling Nvidia AI chips to China
The Bureau of Industry and Security is examining 47 shipments handled by the Singapore-based freight forwarder in 2024
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Salesforce and Anthropic launch joint AI sales tool as stock surges on earnings beat
The joint plugin gives salespeople 37 prebuilt skills to query live CRM data and automate tasks directly inside Claude
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Nvidia Has Reportedly Agreed To Buy AI Model Hosting Platform Hugging Face For $13 Billion
Nvidia had previously invested $235 million in Hugging Face during its Series D funding round in August 2023.
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Dollar Tree stock surged after beating profit expectations and raising its full-year outlook
The discount retailer posted diluted EPS of $2.70 for the quarter, well above analyst expectations of $1.15 a share
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American Airlines Unveils New Europe Flights With Five On The A321XLR
American Airlines will use its Airbus A321XLR on five of its eight new summer 2027 routes to Europe.
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Stanley Druckenmiller used AI to write his WSJ op-ed blasting Bessent's bond buybacks
The hedge-fund legend says he used tools including Claude, ChatGPT, Gemini, and Perplexity to help craft the piece
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Best Buy net income more than doubles to $315 million in Q2
The consumer electronics retailer posted comparable sales growth of 4.1% and lifted its adjusted EPS forecast to a range of $6.70 …
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Nasdaq futures jump 1% as Nvidia earnings lift chip stocks
Nvidia's fiscal second-quarter revenue more than doubled and topped forecasts by its largest margin in two years, lifting chip sto…
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Fed governor's lawyer rejects Trump's second attempt to oust her over mortgage fraud
Attorney Abbe David Lowell called the mortgage fraud allegations "untried and unproven" and said neither act cited by the White Ho…
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Dodgers’ Jason Heyward Reveals He Tried To Return To Cubs First
The Chicago Cubs’ $184 million star first asked if he could join the team in a new role before the Los Angeles Dodgers swooped in.
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Nvidia is reportedly agreeing to buy open-source AI hub Hugging Face for $12.9 billion
The deal would give the chipmaker a foothold in one of the most widely used platforms for sharing open-source AI models
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Best Buy tops quarterly estimates, raises outlook as computing shows strength
Best Buy raised its full fiscal year outlook on Thursday after reporting a stronger-than-expected first half performance.
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Jonathan Kuminga's Timberwolves Contract Exemplifies NBA's Free-Agency Problem
The risk of testing the NBA's free-agent market often outweighs the reward these days, as Jonathan Kuminga can now doubly attest.