Month: August 2025
Palo Alto CEO Nikesh Arora confronts Wall Street skeptics after company’s biggest bet yet
Nikesh Arora of the United States on the first hole during the third round of The Alfred Dunhill Links Championship at The Old Course on October 02, 2021 in St Andrews, Scotland. David Cannon | David Cannon Collection | Getty Images When Nikesh Arora was named CEO of Palo Alto Networks in June 2018, the […]
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Alaska Airlines to launch London, Iceland flights, debut new livery for international expansion
A sample of Alaska Airlines’ new livery for its Boeing 787-9 Dreamliners. Source: Alaska Airlines: Alaska Airlines is starting flights from Seattle to London and Reykjavik, Iceland, next May, adding to its global expansion following its acquisition of Hawaiian Airlines last year. Alaska plans to fly daily between Seattle and London’s Heathrow Airport on its Boeing 787-9 […]
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Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.
Piotr Swat | Lightrocket | Getty Images Yum Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ expectations as Pizza Hut and KFC reported U.S. same-store sales declines. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $1.44 adjusted vs. $1.46 expected […]
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Pfizer hikes 2025 profit outlook on cost cuts, strong quarterly results
Exterior view of the Pfizer headquarters building on January 29, 2023 in New York City. View Press | Corbis News | Getty Images Pfizer on Tuesday hiked its full-year adjusted profit guidance on its cost cuts and strong business performance this year. The company also reported second-quarter results that topped Wall Street’s estimates for the […]
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President Donald Trump to join ‘Squawk Box’ at 8 a.m. ET
President Donald Trump joins Squawk Box at 8 a.m. on August 5, 2025. President Donald Trump will join CNBC’s “Squawk Box” on Tuesday around 8 a.m. ET for a wide-ranging conversation on the economy and the state of the U.S. Trump’s interview comes as the administration juggles a slew of tariff negotiations as well as […]
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Europe markets climb; Diageo shares pop 7% as Guinness owner outlines cost-cutting plan
Infineon up 5% as CFO says tariff impact less severe than thought Shares of Infineon are up 5% after the German semiconductor beat on adjusted earnings per share in the latest quarter, coming in at 37 cents ($0.43) versus an LSEG estimate of 33 cents. That was on the back of 3.7 billion euros in […]
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Here’s how much it costs to rent a 1-bedroom unit across 10 major cities in Asia in 2025
In 2025, the median rent for a 1-bedroom in Hong Kong is $2,421. Nikada | E+ | Getty Images Finding the right place to rent or buy can feel daunting for first-timers or even repeat real estate investors, considering the impact it can have on your wallet. This is especially true in big metropolitan areas, […]
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Saudi Aramco posts revenue drop ahead of projected demand hike in second half
Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World Petroleum Congress at the Big 4 Building at Stampede Park, on September 18, 2023, in Calgary, Canada. Artur Widak | Nurphoto | Getty Images Saudi Aramco on Tuesday posted a drop […]
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World’s largest chipmaker TSMC says it has discovered potential trade secret leaks
A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Ceng | Anadolu | Getty Images Taiwan Semiconductor Manufacturing Co. said on Tuesday that it had detected “unauthorized activities” that lead to […]
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CNBC Daily Open: Markets appear to have gotten over the July jobs report — unlike Trump
U.S. President Donald Trump speaks to reporters ahed of boarding Marine One to depart for New Jersey, at the White House in Washington, D.C., U.S., August 1, 2025. Jonathan Ernst | Reuters The U.S. Bureau of Labor Statistics’ July’s jobs report revised previous months’ figures down so dramatically that U.S. President Donald Trump on Monday […]
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