Day: March 27, 2025
Asia-Pacific markets set to open lower as Trump tariff threats keep investors on edge
Australia, New South Wales, Sydney Scott E Barbour | The Image Bank | Getty Images Asia-Pacific markets were set to open lower Friday, tracking losses on Wall Street as U.S. President Donald Trump’s tariffs kept investors on edge. Australia’s S&P/ASX 200 slipped 0.19% as Prime Minister Anthony Albanese announced a national election on May 3, […]
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CoreWeave prices IPO at $40 a share, below expected range
Michael Intrator, co-founder and CEO of CoreWeave, speaks at Web Summit in Lisbon, Portugal, on Nov. 13, 2024. Carlos Rodrigues | Sportsfile | Web Summit | Getty Images CoreWeave on Thursday priced shares at $40 in the company’s IPO, raising $1.5 billion in the biggest U.S. tech offering since 2021, CNBC has confirmed. The company, […]
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CNBC’s Inside India newsletter: What ails India’s manufacturing?
Business, India, Factory – Young Businessman with his factory floor supervisor inspecting the newly installed heavy machinery at a textile factory. Gcshutter | E+ | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind […]
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King Charles released from hospital after experiencing side effects from cancer treatment
Britain’s King Charles leaves the London Clinic after receiving treatment for an enlarged prostate, in London, Britain January 29, 2024. Toby Melville | Reuters King Charles III experienced unspecified side effects of his cancer treatment and spent some time in the hospital on Thursday, Buckingham Palace said. “Following scheduled and ongoing medical treatment for cancer […]
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Man charged in Molotov cocktail attack on Teslas in Las Vegas
Investigators look over the scene at a Tesla Collision Center after an individual used incendiary devices to set several vehicles on fire on March 18, 2025 in Las Vegas, Nevada. Ethan Miller | Getty Images A Las Vegas man has been arrested on charges related to the Molotov cocktail arson attack on Tesla vehicles in […]
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AppLovin shares plunge 20% after third short-selling firm slams company’s ad technology
Jaque Silva | Nurphoto | Getty Images Shares of AppLovin sank 20% on Thursday, their steepest drop on record, as another short-selling firm raised concerns about the company’s digital ad technology and claimed that it’s violating app store rules. AppLovin tumbled $65.92 to close at $261.70. The stock soared more than 700% last year, the […]
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Lululemon beats on earnings but issues underwhelming guidance
Lululemon store in Manhattan, New York City, U.S., on July 15, 2024. Beata Zawrzel | Nurphoto | Getty Images Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. Shares of the apparel company fell about 6% in extended trading. Here’s how the company did compared with […]
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This pub on a remote island in Ireland is looking for someone new to takeover—but there’s a catch
If your last name is McLoughlin, a unique opportunity awaits you on a remote island in Ireland. The McLoughlin’s Bar, located on Achill Island, was first established in 1870. The same family has run the 155-year-old pub for four generations, and its current owner, Joseph “Josie” McLoughlin and his partner, Jackie, are officially retiring. Now […]
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Trump’s new auto tariffs will likely drive up car prices by thousands of dollars
Chevrolet Silverado trucks at a Chevrolet dealership in Vallejo, California, US, on Monday, March 3, 2025. Bloomberg | Bloomberg | Getty Images President Donald Trump’s steep new tariffs on imported cars will likely jack up prices for U.S. buyers of both foreign and locally made vehicles, according to Wall Street analysts. Trump on Wednesday said […]
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Robinhood CEO sees Amazon-like subscription model as path to ‘loyalty’ in financial services
Robinhood CEO Vlad Tenev is betting that by rolling out a large enough portfolio of digital investment products, more consumers will be willing to pay a monthly subscription for its product suite. Subscribers to Robinhood Gold pay $5 a month or $50 a year for perks like 4% interest on uninvested cash, access to professional […]
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