Day: August 5, 2025
Asia markets set to open lower, tracking Wall Street losses
Asia-Pacific markets are expected to open lower, tracking losses on Wall Street as investors weighed weaker-than-expected economic data as well as fresh tariff comments from U.S. President Donald Trump. “We’re going to be announcing [tariffs] on semiconductors and chips, which is a separate category, because we want them made in the United States,” Trump said […]
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Opendoor tanks after earnings as CEO thanks new investors for ‘increased visibility’
Key Points After a massive rally in July and early August, Opendoor hit a snag on Tuesday with a disappointing outlook. CEO Carrie Wheeler thanked new investors on the earnings call, and said “We appreciate your enthusiasm for what we’re building, and we’re listening intently to your feedback.” The company said it expects to face […]
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S&P 500 futures are little changed as investors parse earnings reports: Live updates
Traders work on the floor of the New York Stock Exchange during afternoon trading on August 1, 2025 in New York City. Michael M. Santiago | Getty Images S&P 500 futures are near flat Tuesday night as investors analyzed the latest batch of corporate earnings. S&P 500 futures were little changed, and Dow Jones Industrial […]
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Singaporeans are avoiding the U.S. more than other Asian travelers. Here’s why
Southeast Asians are skipping trips to the United States this year — for a variety of reasons. Singaporeans, however, are rejecting it at greater levels than others, a survey of 6,000 regional travelers showed. The survey commissioned by CNBC Travel showed 7% of Singaporeans said their interest in visiting the U.S. increased this year, […]
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Snap shares plummet 15% after weak second-quarter revenue metric
Snap shares tanked more than 15% Tuesday when it reported second-quarter earnings in which global average revenue per user missed expectations. Here is how the company did compared with Wall Street’s expectations: Earnings per share: Loss of 16 cents. That figure is not comparable to analysts’ estimates. Revenue: $1.34 billion vs. $1.35 billion expected, according to LSEG […]
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Super Micro shares plunge 15% on weak results, disappointing guidance
Charles Liang, CEO of Super Micro, speaks at the Computex conference in Taipei, Taiwan, on June 1, 2023. Walid Berrazeg | Sopa Images | Lightrocket | Getty Images Super Micro Computer shares slid 15% in extended trading on Tuesday after the server maker reported disappointing fiscal fourth-quarter results and issued weak quarterly earnings guidance. Here’s […]
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Healthy Returns: Medicare, Medicaid will reportedly pilot covering obesity drugs – a potential win for drugmakers
A combination image shows an injection pen of Zepbound, Eli Lilly’s weight loss drug, and boxes of Wegovy, made by Novo Nordisk. Hollie Adams | Reuters A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. For […]
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Stocks making the biggest moves after hours: Snap, Rivian, AMD, Super Micro, Arista Networks and more
Check out the companies making headlines in extended trading. Snap — The social media platform plunged 14% after missing revenue expectations for the second quarter. Snap said it recorded $1.34 billion, slightly under the consensus forecast of $1.35 billion from analysts polled by LSEG. Rivian Automotive — The electric vehicle company dropped more than 3% […]
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State Department announces program requiring some foreign visitors to pay bonds of up to $15,000
A general view of a U.S. State Department sign outside the U.S. State Department building in Washington, D.C., U.S., July 11, 2025. Annabelle Gordon | Reuters The State Department is set to launch a new pilot program later this month that will require foreign visitors planning travel to the U.S. from certain countries to post […]
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AMD reports weaker-than-expected earnings even as revenue tops estimates
Lisa Su, CEO of Advanced Micro Devices, and Sam Altman, CEO of OpenAI, testifiy during the Senate Commerce, Science and Transportation Committee hearing titled “Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation,” in Hart building on Thursday, May 8, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Advanced Micro Devices […]
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