World
Stock futures are little changed after Thursday’s sell-off on Wall Street: Live updates
Traders work on the New York Stock Exchange floor on Feb. 20, 2025. Spencer Platt | Getty Images U.S. stock futures were little changed on Thursday night after the major averages slid following a lackluster earnings forecast from retail giant Walmart. Dow Jones Industrial Average futures were trading near the flatline, as were S&P 500 […]
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Astronauts vs. Musk: Public spat ensues over claims that politics delayed a flight to Earth
Elon Musk looks on, during the visit of Indian Prime Minister Narendra Modi (not pictured) at the White House in Washington, D.C., U.S., Feb. 13, 2025. Kevin Lamarque | Reuters Elon Musk and European astronaut Andreas Mogensen exchanged barbs online after Musk suggested in a recent interview that two NASA astronauts were left on the […]
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Stocks making the biggest moves after hours: Celsius, Dropbox, Block and more
Check out the companies making headlines after the bell : Booking Holdings — The online travel company jumped 3% after fourth-quarter results surpassed analysts’ expectations. Adjusted earnings came in at $41.55 per share and revenue clocked in at $5.47 billion. Analysts were looking for $36.03 per share in earnings and $5.18 billion in revenue, per […]
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Walmart, Palantir and inflation concerns: What investors think was behind Thursday’s sell-off
Thursday saw a broad sell-off across the three major stock market averages, just one day after the S & P 500 reached a new closing high, and strategists and investors analyzed what could have caused the move. Walmart led the Dow Jones Industrial Average lower, falling more than 6% after the nation’s largest retailer gave […]
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Block shares fall on profit, revenue miss
Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square speaks on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Block reported fourth-quarter results on Thursday that fell short of […]
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Amazon surpasses Walmart in revenue for first time
Amazon CEO Andy Jassy speaks during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center in New York City on Nov. 30, 2022. Michael M. Santiago | Getty Images Amazon has dethroned Walmart in quarterly revenue for the first time ever. Amazon said earlier this month that it […]
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Mercedes-Benz cuts costs, renews focus on combustion engine models in bid to revive earnings
Various Mercedes-Benz vehicles are assembled in the “Factory 56” production hall. Picture Alliance | Picture Alliance | Getty Images Mercedes-Benz on Thursday announced further cost-cutting and more petrol and diesel cars than EVs in its new product range, in a bid to revive margins as the company braces for a sharp drop in earnings in 2025. […]
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OpenAI CFO talks possibility of going public, says Musk bid isn’t a distraction
OpenAI’s astounding growth rate potential is luring possible investors as questions loom over whether the startup will go public. “In terms of a multiple to pay for stock like ours, there’s incredible interest at the moment,” finance chief Sarah Friar told CNBC’s David Faber on Thursday. Its future growth potential has also enabled OpenAI to […]
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Trump says he’s weighing giving 20% of DOGE savings to Americans
President Donald Trump revealed on Wednesday that he’s considering sending 20% of the money saved by the Department of Government Efficiency advisory group to Americans. “There’s even under consideration a new concept where we give 20% of the DOGE savings to American citizens and 20% goes to paying down debt,” Trump said during his remarks […]
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Airbus could bring forward non-U.S. deliveries if Trump tariffs impede trade, CEO says
The logo of Airbus is pictured outside the Airbus facility in Saint-Nazaire, France, November 7, 2023. Stephane Mahe | Reuters Airbus could prioritize deliveries to its non-U.S. customers if tariffs disrupt the European planemaker’s imports stateside, CEO Guillaume Faury said Thursday. “We have a large demand from the rest of the world, so [if] we […]
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