Month: July 2025
Reddit shares jump more than 10% on second-quarter sales and guidance beat
Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange on March 21, 2024. Timothy A. Clary | AFP | Getty Images Reddit shares jumped more than 10% after the company reported second-quarter earnings on Thursday that beat on sales and guidance. Here’s how the company did compared […]
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Roblox stock soars 10% after revenue beat, strong user growth
Thiago Prudêncio | Sopa Images | Lightrocket | Getty Images Roblox stock soared 10% on Thursday after the company reported second-quarter revenue that beat expectations amid strong user growth. The gaming platform saw $1.44 billion in net bookings, up 51% over the year prior. Analysts polled by LSEG expected $1.24 billion in net bookings for […]
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Norwegian Cruise CEO: Booking pace and consumer demand has been fantastic since tariff lows
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Harry Sommer, Norwegian Cruise Line Holdings CEO, joins ‘Power Lunch’ to discuss Sommer’s quarterly earnings results, demand for the company’s products and much more. Source
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SEC debuts ‘Project Crypto’ to bring U.S. financial markets ‘on chain’
Jakub Porzycki | Nurphoto | Getty Images The Securities and Exchange Commission on Thursday debuted “Project Crypto,” an initiative to modernize securities rules and regulations to allow for crypto-based trading. “To achieve President Trump’s vision of making America the crypto capital of the world, the SEC must holistically consider the potential benefits and risks of […]
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How wealthy yacht buyers plan to avoid the European tariffs
Superyachts in Port Hercules, Monaco. John Lamb | The Image Bank | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. American boat buyers and European shipyards are scrambling to […]
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Trump says he asked 17 drugmakers to take steps to cut U.S. prices within 60 days
U.S. President Donald Trump, U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr., Dr. Mehmet Oz, Administrator for the Centers for Medicare & Medicaid Services, David Sacks, AI & Crypto Czar and Amy Gleason, Acting Administrator, Department of Government Efficiency (DOGE) attend the “Making Health Technology Great Again” event in the East Room […]
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Host Hotels CEO on travel demand: Luxury has been outperforming for a while
James Risoleo, Host Hotels CEO, joins ‘The Exchange’ to discuss Q2 earnings, luxury travel demand and Source
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Apple reports third-quarter earnings after the bell
Apple CEO Tim Cook attends the world premiere of “F1” at Times Square in New York on June 16, 2025. Angela Weiss | AFP | Getty Images Apple reports fiscal third-quarter earnings on Thursday after the bell. The June quarter is typically Apple’s slowest of the year by sales, ahead of new device launches in […]
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Stocks making the biggest moves midday: Generac, Shake Shack, Microsoft, Meta & more
Check out the companies making the biggest moves midday: Generac — The generator company gained 8% after Bank of America raised its price target on the stock, highlighting the company’s entry into data centers . Baxter International — Shares fell around 20% after the health-care company reported weaker-than-expected results for the second quarter. Baxter reported […]
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You can bet on the words that will be said on Apple’s earnings call like ‘Tariff’ and ‘Severance’
Key Points Bets from Kalshi users priced in a roughly 90% probability that Apple’s earnings call after the bell Thursday would feature words like “China” and “Tariff,” as well as a more than 50% chance that “Severance” would be mentioned. Kalshi’s question on what will be said during Apple’s earnings call has generated almost $43,000 […]
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