Month: November 2025

Firefly Aerospace shares jump 15% on strong revenues, boosted guidance
Technology

Firefly Aerospace shares jump 15% on strong revenues, boosted guidance

Jason Kim, chief executive officer of Firefly Aerospace, center, during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images Firefly Aerospace‘s stock surged 15% on Wednesday after the space technology company issued better-than-expected third-quarter results and lifted its guidance. […]

Read More
Stocks making the biggest moves after hours: Cisco, Flutter Entertainment, Firefly and more
Finance

Stocks making the biggest moves after hours: Cisco, Flutter Entertainment, Firefly and more

Check out the companies making headlines in after-hours trading. Cisco — Shares of Cisco gained more than 7% in extended trading after the networking company posted better-than-expected profit and revenue for its fiscal first quarter. Cisco earned $1 per share, excluding items, on $14.88 billion in revenue, while analysts polled by LSEG expected 98 cents […]

Read More
Jeffrey Epstein files: House petition secures final signature to force vote on releasing docs
Politics

Jeffrey Epstein files: House petition secures final signature to force vote on releasing docs

A protester holds a sign related to the release of the Jeffrey Epstein case files outside the US Capitol in Washington, DC, Nov. 12, 2025. Saul Loeb | AFP | Getty Images A petition in the House of Representatives to force a vote to release the so-called Jeffrey Epstein files on Wednesday secured the last […]

Read More
Cisco beats on earnings and guidance, lifting stock
World

Cisco beats on earnings and guidance, lifting stock

Chuck Robbins, Cisco CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC Cisco reported better-than-expected profit and revenue for its fiscal first quarter on Wednesday. The stock rose about 5% in extended trading. Here’s how the company did in comparison with consensus […]

Read More
Defense startup Govini founder Eric Gillespie charged in child sex sting
Technology

Defense startup Govini founder Eric Gillespie charged in child sex sting

Mug shot of Eric Gillespie, Govini Founder and Chairman. Courtesy: Pennsylvania Attorney General The founder of Virginia-based defense startup Govini was arrested on charges of attempting to solicit a pre-teen girl for sexual contact in Pennsylvania, authorities said Monday. The founder, Eric Gillespie, 57, was charged with four felonies, including multiple counts of unlawful contact […]

Read More
Boston Fed President Collins advocates holding rates steady, sees ‘high bar’ for further cuts
Finance

Boston Fed President Collins advocates holding rates steady, sees ‘high bar’ for further cuts

Key Points Boston Fed President Susan Collins said she will be reluctant to support further rate cuts anytime soon with inflation still high and policymakers hampered by a lack of data. “I see several reasons to have a relatively high bar for additional easing in the near term,” said Collins, a voter this year on […]

Read More
What Anthropic’s  billion AI infrastructure investment means for these 3 portfolio stocks
Technology

What Anthropic’s $50 billion AI infrastructure investment means for these 3 portfolio stocks

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks were mixed Wednesday as Wall Street hoped for an end to the government’s record-breaking shutdown. The House is set for a final vote in […]

Read More
Skims valued at  billion after new funding round as it accelerates store expansion
Business

Skims valued at $5 billion after new funding round as it accelerates store expansion

Skims underwear is displayed on a shelf at a Nordstrom store on March 25, 2025 in Corte Madera, California.  Justin Sullivan | Getty Images Kim Kardashian’s Skims brand has raised $225 million in new funding led by Goldman Sachs Alternatives, valuing the shapewear and apparel company at $5 billion — up from roughly $4 billion […]

Read More
Supreme Court to hear arguments on Trump bid to fire Fed Gov. Lisa Cook on Jan. 21
Politics

Supreme Court to hear arguments on Trump bid to fire Fed Gov. Lisa Cook on Jan. 21

Lisa Cook, governor of the US Federal Reserve, at The Brookings Institute in Washington, DC, US, on Monday, Nov. 3, 2025. Aaron Schwartz | Bloomberg | Getty Images The Supreme Court said Wednesday that it will hear oral arguments in the case challenging President Donald Trump’s authority to fire Federal Reserve Gov. Lisa Cook on […]

Read More
AI startup Code Metal is going beyond vibe coding with the help of  million in fresh capital
Technology

AI startup Code Metal is going beyond vibe coding with the help of $36 million in fresh capital

Code Metal co-founders (L-R): SVP of technology Alex Showalter-Bucher, and CEO Peter Morales Courtesy Code Metal Inc. Peter Morales started Code Metal two years ago, jumping into the market for artificial intelligence coding tools at a time when AI companies were rapidly changing the market for software development. Now he’s got $36.5 million in the […]

Read More