Month: December 2025
Okta beats third-quarter earnings expectations
Okta on Tuesday topped Wall Street’s third-quarter estimates, but CEO Todd McKinnon said upside from its AI agents aren’t “fully baked” into results. Shares of the identity management provider fell as much as 3% in after-hours trading on Tuesday. Here’s how the company did versus LSEG estimates: Earnings per share: 82 cents adjusted vs. 76 […]
Read More
Amazon announces new AI chips, closer Nvidia ties — but it’s cloud capacity that matters most
Amazon Web Services’ two-track approach to artificial intelligence came into better focus Tuesday as the world’s biggest cloud pushed forward with its own custom chips and got closer to Nvidia . During Amazon ‘s annual AWS Re:Invent 2025 conference in Las Vegas, Amazon Web Services CEO Matt Garman unveiled Trainium3 — the latest version of […]
Read More
American Eagle stock jumps 15% as it expects a big holiday, raises forecast after Sydney Sweeney ads
An American Eagle advertisement featuring actress Sydney Sweeney on a billboard in Times Square in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images American Eagle issued bullish holiday guidance and raised its full-year forecast on Tuesday after posting better-than-expected quarterly results. The apparel company is expecting fiscal fourth […]
Read More
ChatGPT outage: OpenAI’s chatbot is down for some users
OpenAI’s EMEA startups head Laura Modiano spoke at the Sifted Summit on Wednesday, 8 October. Nurphoto | Nurphoto | Getty Images OpenAI’s artificial intelligence chatbot ChatGPT is down for some users. The company said it is “currently experiencing issues,” including “increased ChatGPT error rates,” according to an update on OpenAI’s status page. “We have applied […]
Read More
Asset-backed finance is growing fast and drawing new scrutiny
A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox. The First Brands Group bankruptcy has cast a spotlight on one of the fastest-growing corners […]
Read More
Sabrina Carpenter blasts Trump admin for ‘evil’ ICE video that uses her song ‘Juno’
Sabrina Carpenter performs during her “Short n’ Sweet” tour at Madison Square Garden on October 26, 2025 in New York, New York. Kevin Mazur | Getty Images Pop star Sabrina Carpenter on Tuesday blasted the Trump administration for using her hit 2024 song “Juno” as the soundtrack for a TikTok video showing Immigration and Customs […]
Read More
Holiday shopping turnout jumps to 202.9 million people during Thanksgiving weekend, NRF says
A person carries shopping bags during Black Friday shopping at Garden State Plaza on November 28, 2025 in Paramus, New Jersey. Eduardo Munoz Alvarez | Getty Images A desire for deep discounts inspired 202.9 million U.S. consumers to shop during the five-day stretch from Thanksgiving Day through Cyber Monday, according to a survey by the […]
Read More
Delayed tariff impact starting to hit, could cause companies to reduce head count in 2026
President Donald Trump’s tariffs, aimed at reshoring American jobs lost to overseas manufacturing, could end up lowering domestic head count instead, according to recent statements from corporate executives and economic forecasters. With the labor market already on its heels in a no-fire, no-hire climate, concerns are rising that the duties on U.S. imports will raise […]
Read More
Broadcast station owners want to consolidate. They’re struggling to get deals to the finish line
The Sinclair Broadcast Group, Inc. headquarters are seen July 17, 2024 in Cockeysville, Maryland. Kevin Dietsch | Getty Images The broadcast television industry knows it needs to consolidate. It’s just struggling with how to do it. In August, Nexstar Media Group, the largest owner of broadcast stations in the U.S., announced a proposed $6.2 billion […]
Read More
USDA Sec. threatens funding cuts to blue states over alleged SNAP data noncompliance
Secretary of Agriculture Brooke Rollins conducts a news conference with Speaker of the House Mike Johnson, R-La., in the U.S. Capitol on the government shutdown on Friday, October 31, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images U.S. Agriculture Secretary Brooke Rollins on Tuesday threatened to cut off federal funding to Democratic-leaning states […]
Read More