Year: 2025
Stocks making the biggest moves premarket: Kohl’s, MongoDB, Canada Goose, Cracker Barrel and more
Check out the companies making headlines before the bell: MongoDB — The database platform developer soared 30% after its latest results beat Wall Street analysts’ estimates. MongoDB reported adjusted earnings of $1 per share on revenue of $591 million, above the consensus as compiled by LSEG of 66 cents per share on revenue of $556 […]
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Abercrombie sales growth slows again, but Hollister surges 19%
Abercrombie & Fitch sales growth slowed again in its fiscal second quarter as the apparel company struggles to top the surge it enjoyed last fiscal year. During the quarter, sales at the namesake Abercrombie brand fell 5% while comparable sales dropped 11%. But the success of teen-focused Hollister brand helped to salvage the quarter. Overall, […]
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Kohl’s shares jump more than 15% after big earnings beat
A sign is displayed above a Kohl’s store in Chicago on March 1, 2023. Scott Olson | Getty Images Kohl’s shares climbed more than 15% on Wednesday after the retailer topped Wall Street’s second-quarter earnings and revenue expectations, even as its sales declined and it looks for a new CEO. The Wisconsin-based department store narrowed […]
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China Nvidia rival Cambricon adds to $40 billion rally with 4,000% revenue jump
China is focusing on large language models in the artificial intelligence space. Blackdovfx | Istock | Getty Images Chinese semiconductor firm Cambricon posted record profit in the first half of the year underscoring how local challengers to Nvidia are gaining traction as Beijing looks to boost its domestic industry. Cambricon is among a plethora of […]
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Canada Goose rises 7% in premarket trading after controlling shareholder gets take-private bids
New York-listed shares of Canada Goose rose by nearly 7% in premarketing trading, after a CNBC report that the winter-clothing maker’s controlling shareholder, Bain Capital, has received bids to take the company private. Private equity firm Bain Capital is looking to offload its holding in Canada Goose, sources told CNBC’s Anniek Bao, with Goldman Sachs […]
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European stocks rebound as traders eye Nvidia earnings
European markets opened higher Wednesday as traders gear up for a quarterly earnings report from chipmaker Nvidia. The Nasdaq-listed stock has become a bellwether for the global technology sector, particularly regarding the progress of the artificial intelligence boom, as its major corporate customers include Microsoft, Google, Meta and Amazon. Its value has soared in recent […]
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SpaceX makes comeback with Starship test launch after fiery setbacks
SpaceX’s Starship rocket lifts off from Starbase, Texas, as seen from South Padre Island on Aug. 26, 2025, for its 10th test flight. Ronaldo Schemidt | Afp | Getty Images SpaceX on Tuesday launched its mammoth Starship rocket, breaking a string of explosive failed attempts earlier this year to deploy its first batch of dummy […]
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Lego hits record revenue in first half of 2025, boosted by brick flowers and cars
Icons Tiny Plants by Lego. James Manning – Pa Images | Pa Images | Getty Images Flowers, succulents and Formula One race cars helped fuel a 12% revenue bump for Lego during the first half of the year. The company reported a record 34.6 billion Danish kroner, or $5.4 billion, in revenue as part of […]
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CNBC Daily Open: Big M&A activity returns to the U.S. — but the deal-maker is the White House
U.S. President Donald Trump in the Cabinet Room of the White House on Aug. 26, 2025 in Washington, D.C. Chip Somodevilla | Getty Images It’s starting to feel like we’re in a game of Pac-Man, in which the U.S. government is the eponymous hungry yellow blob furiously chomping on everything in sight. The White House’s […]
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Stock futures little changed ahead of Nvidia earnings: Live updates
Traders work on the floor at the New York Stock Exchange in New York City, U.S., August 26, 2025. Brendan McDermid | Reuters Stock futures were flat early Wednesday as investors turn their eyes to Nvidia earnings, which could be a make-or-break moment for the bull market. Futures tied to the Dow Jones Industrial Average, […]
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