Business
Lucid widely misses earnings expectations, forecasts continued EV growth in 2026
A Lucid Gravity coming off the line at the company’s factory in Casa Grande, Arizona Lucid Group reported mixed fourth-quarter results Tuesday as the all-electric vehicle maker continues to face challenging market conditions and internal problems. The company widely missed Wall Street’s quarterly earnings expectations, while beating average revenue estimates by roughly 12%. It also […]
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Jamie Dimon says AI is already reshaping JPMorgan Chase’s workforce as bank plans ‘huge redeployment’
Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., attends the ribbon-cutting ceremony opening the firm’s new headquarters at 270 Park Avenue, in New York City, U.S., October 21, 2025. Eduardo Munoz | Reuters JPMorgan Chase CEO Jamie Dimon said the bank is taking steps to address the impact of artificial intelligence […]
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Property Play: Data center expansion reaches an ‘inflection point’
Key Points Texas is about to unseat Virginia as the world’s largest data market, according to a new report from JLL. Data center vacancies at the end of 2025 remained at a historic low of 1% for the second year in a row. The demand is now being driven by hyperscalers and AI, and headwinds […]
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Warner Bros. Discovery says Paramount makes higher bid, board will weigh offer against Netflix deal
An aerial view of the Paramount logo on the water tower at Paramount Studios on Feb. 23, 2026 in Los Angeles, California. Justin Sullivan | Getty Images Warner Bros. Discovery on Tuesday said it had received a higher takeover offer from Paramount Skydance and will review the new bid under the terms of its existing […]
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Epstein files highlight how the wealthy borrow against art collections
FILE: Leon Black, chairman and chief executive officer of Apollo Global Management LLC, at the Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, May 1, 2018. Patrick T. Fallon | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide […]
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Home Depot beats Wall Street’s expectations, even as sales decline
Home Depot on Tuesday posted a roughly 4% quarterly sales decline, as a sluggish real estate market and selective spending by homeowners continued to weigh on home improvement demand. The company also stuck by the current fiscal year forecast that it shared in December at an investor day. It said it expects full-year total sales […]
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How Domino’s is trying to double its business during a rough patch for big pizza rivals
In this photo illustration, a Domino’s pizza sits in a take-out box on July 21, 2025 in Miami, Florida. Joe Raedle | Getty Images Domino’s Pizza shares climbed on a Monday after the company posted a better-than-expected quarter and laid out ambitious growth plans. The strong performance came as the pizza chain said it saw […]
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Mortgage rates just dropped below 6%, matching lowest level since 2022
A stock market sell-off had investors rushing to the relative safety of the bond market Monday morning, causing yields to drop and mortgage rates to follow. The average rate on the popular 30-year fixed mortgage fell to 5.99% on Monday, according to Mortgage News Daily, matching its lowest levels since 2022. Last year at this […]
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Eli Lilly launches new form of obesity drug Zepbound with a month’s worth of doses in one pen
An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York on March 28, 2024. Shelby Knowles | Bloomberg | Getty Images Eli Lilly on Monday launched a new form of its blockbuster obesity drug, Zepbound, that offers a month’s worth of doses in a single pen. Cash-paying patients can […]
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New Jeep Cherokee set to lead Stellantis’ U.S. sales turnaround
2026 Jeep Cherokee Michael Wayland / CNBC LOS ANGELES – Stellantis is counting on the return of the Jeep Cherokee to help lead a U.S. turnaround for the SUV brand and embattled automaker. The Cherokee returns after a three-year hiatus, rejoining the compact and midsize vehicle markets, which represent the largest segments in the U.S. […]
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