Breaking News: Business
Kalshi expands surveillance, enforcement efforts ahead of Super Bowl 60
Key Points Kalshi on Thursday announced new initiatives to expand its surveillance and enforcement frameworks, just days before the Super Bowl. The prediction market is adding advisory committees and resources for consumers on insider trading and market manipulation. Kalshi said its trading volume for Super Bowl predictions has already passed $160 million. Source
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Peloton posts weak holiday quarter after splashy product overhaul fails to land
Peloton posted a worse-than-expected holiday quarter on Thursday after shoppers failed to shell out for its new AI-driven product line and turned away from higher subscription prices. The connected fitness company missed Wall Street’s estimates on the top and bottom lines and fell short of its own internal sales targets in the three months ended […]
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World’s largest jeweler jumps as CEO says firm wants to pivot from silver
Pandora, the world’s largest jeweler by volume, rose in morning trading Thursday after the company addressed investor concerns about its reliance on silver. Copenhagen-listed shares were up as much as 7% after it guided for largely flat organic growth in 2026 alongside its quarterly earnings report, and said it would introduce platinum-plated jewelry after the […]
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China’s EV slowdown persists as BYD posts near two-year low in sales
HONG KONG, CHINA – JANUARY 05: A general view of the BYD Auto showroom on January 5, 2026, in Hong Kong, China. (Photo by Sawayasu Tsuji/Getty Images) Sawayasu Tsuji | Getty Images News | Getty Images BEIJING — Chinese electric car giant BYD reported a nearly two-year low in local sales in January, signaling mounting […]
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Sony profit jumps 22% in December quarter, beating expectations and lifting full-year outlook
The logo of Japanese entertainment and electronics giant Sony is displayed at the company’s headquarters in Tokyo on May 14, 2025. Kazuhiro Nogi | Afp | Getty Images Sony on Thursday reported a rise in operating profit that beat expectations, supported by favorable foreign exchange rates despite surging memory chip costs. Here are Sony’s December […]
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Trump says he’ll stay out of Netflix, Paramount Skydance fight to take over WBD
U.S. President Donald Trump speaks before signing executive orders in the Oval Office in the White House in Washington, DC, on Jan. 30, 2026. Annabelle Gordon | Afp | Getty Images President Donald Trump said in a new interview on Wednesday did an about-face and said that he will not be involved in the fight […]
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E.l.f. Beauty posts earnings beat, raises full-year guidance
Elf Beauty cosmetics Courtesy: e.l.f Beauty E.l.f. Beauty reported a huge earnings beat Wednesday and raised its guidance for the fiscal year. E.l.f. stock was up as much as 15% in after-hours trading before losing the majority of those gains. Here’s what the company reported for the third fiscal quarter, compared with analyst estimates from […]
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Terrell Owens calls Hall of Fame process ‘broken’ after Belichick, Kraft snubs
NFL Hall of Famer Terrell Owens said Wednesday that the recent snubs of New England Patriots owner Robert Kraft and former coach Bill Belichick from the institution show the system is flawed, and someone needs to be held accountable. “It’s just plain dumb” Owens told CNBC Sport in an interview in San Francisco ahead of […]
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Eli Lilly’s GLP-1 growth is only getting started as Novo Nordisk braces for a decline in 2026
The Eli Lilly and Novo Nordisk logos. Mike Blake | Tom Little | Reuters It’s a tale of two drugmakers in the red-hot obesity drug market. Both Novo Nordisk and Eli Lilly are grappling with lower prices in the U.S., but their 2026 outlooks are diverging sharply: While Novo is bracing for a sales decline, […]
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Corporate DEI index sees 65% drop in participation from Fortune 500 companies
People hold flags outside the US Supreme Court on December 4, 2024 in Washington, DC, during oral argument on whether states can ban certain gender transition medical treatments for young people. Roberto Schmidt | AFP | Getty Images New research from the LGBTQ+ group Human Rights Campaign showed a drastic drop in Fortune 500 companies […]
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