Companies
Earnings, results, corporate strategy and the balance sheets of the biggest listed companies in the world.
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Kohl's stock sank after a tariff refund masked another quarter of falling sales
The department store received $150 million in tariff refunds in the second quarter, lifting its full-year earnings outlook but not…
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Wall Street's biggest bull is raising his S&P 500 target — but warns against chasing AI stocks
The strategist has lifted his year-end target three times in 2026, but says he would not chase AI stocks right now
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Fed’s Preferred Inflation Meter Unchanged In July—Here’s Why Interest Rates Hikes Are Now More Likely
The Federal Reserve earlier signaled interest rate hikes unless they saw improvements to inflation.
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OpenAI says its custom AI chip is beating Nvidia's best in benchmark tests
The custom inference chip, built with Broadcom, led on tokens per user and throughput per kilowatt in third-party tests
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The Fed's favorite inflation gauge posted a slight upside surprise in July
The headline PCE price index rose 3.7% annually, topping consensus by 0.1 percentage point, while core inflation matched expectati…
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Citadel Securities reversed its bearish call on long bonds, warning of a painful short unwind
The firm warned that heavily crowded short positioning in long-dated Treasuries raises the risk of a painful reversal for investor…
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Zoom beat earnings expectations but its profit outlook fell short — and the stock sank
The videoconferencing company posted revenue of $1.28 billion and adjusted EPS of $1.55, but its forward guidance missed analyst e…
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U.S.-Canadian Trade War Puts Pressure On Businesses And Consumers
The U.S.-Canada trade war is raising prices for certain products, disrupting supply chains, and creating uncertainty for families.
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Mortgage applications are sliding again as rates climb to their highest level in three weeks
The 30-year fixed rate climbed to 6.78%, pushing refinance demand down 2% and purchase applications down 0.3%
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China's Moonshot AI is seeking a revenue cut from Microsoft, Amazon, and Google
The Beijing-based startup wants up to 30% of revenue from Kimi K3-related services on Azure, AWS, and Google Cloud, unnamed source…
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OpenAI's head of data centers has left as executive departures keep mounting
Chris Malone left OpenAI last week, the Wall Street Journal reported, adding to a tally of more than a dozen senior exits in 2026
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Four Fed regional bank boards were pushing for a rate hike before July's contested hold
Directors at the Cleveland, Minneapolis, Kansas City, and Dallas Fed banks backed a quarter-point increase before policymakers vot…
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After The World Cup, How U.S. Soccer Aims To Tackle Youth Development
U.S. Soccer COO discusses the challenges facing youth player development, how the federation is trying to tackle them, and the bui…
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World Cup Generated $3.5 Billion Across New York And New Jersey
The soccer tournament surpassed the region’s original projection by $200 million, according to an analysis released by the local W…
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Inside Chiefs Coach Andy Reid And His Latest State Farm Campaign
Go behind the scenes of the fourth and latest State Farm commercial with Chiefs head coach Andy Reid who reveals his show business…
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Intuit stock is sliding as TurboTax loses price-conscious customers to rivals
The tax software maker forecast revenue growth of 9% to 10% for fiscal 2027, below its recent pace of 14%
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Jim Cramer says Nvidia's earnings are a test for the entire AI trade
The CNBC host said Nvidia has grown so central to the AI ecosystem that its quarterly results carry implications beyond the compan…
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Wall Street braces for inflation data, Nvidia earnings after third straight gain
Stock futures were little changed Wednesday as investors awaited July inflation figures and results from the world's most valuable…
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Meta and 29 states are discussing a mid-trial settlement in teen social media addiction case
A loss at trial could expose Meta to penalties of as much as $1.4 trillion, while a settlement would likely be far smaller
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Amazon is shutting down its 21-year-old crowdsourced labor platform Mechanical Turk
The 21-year-old platform matched workers with small digital tasks and once served more than 500,000 workers
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Cubs Pumping ‘Brakes’ On All-Star’s Return After Injury
Chicago Cubs manager Craig Counsell sent a deflating message about the chances of Justin Steele returning for a playoff run.
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Upper Deck Debuts Transformers 40th Anniversary Card Set To Kick Off New Hasbro Partnership
The multiyear licensing deal will see Upper Deck release trading cards and games based on a range of iconic Hasbro IP.
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Will Kevin Warsh Tell The Truth About Inflation At Jackson Hole?
Will Kevin Warsh be able to begin educating global central bankers and financiers about the true nature of inflation?
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How North Dakota State Invested Millions In Move To Football Bowl Subdivision
On Saturday, North Dakota State will host Jacksonville State in the Bison's first game as a member of the Football Bowl Subdivisio…