business news
Stocks making the biggest moves after hours: Costco, Marvell Technology, Gap & more
Check out the companies making headlines in after-hours trading. Costco Wholesale — Shares of the big-box retailer dipped less than 1% in the after-hours session. Costco reported $4.58 cents per share in earnings on revenue of $69.6 billion in the fiscal second quarter, while analysts polled by LSEG expected $4.56 cents per share in earnings […]
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Trump hints U.S. will turn to Cuba after Iran: ‘Just a question of time’
U.S. President Donald Trump speaks during an event celebrating 2025 MLS Cup Champions Inter Miami CF in the East Room of the White House on March 5, 2026 in Washington, DC. Win McNamee | Getty Images President Donald Trump on Thursday suggested his administration will turn its sights to Cuba after U.S. military operations in […]
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Historic winter storms weigh on Gap, Old Navy performance after 800 temporary store closures
Pedestrians in the snow at Times Square during a winter storm in New York, US, on Sunday, Feb. 22, 2026. Bloomberg | Bloomberg | Getty Images Historic winter storms and subsequent store closures weighed on Gap’s performance during its holiday quarter and contributed to worse-than-expected results at its portfolio of brands, the retailer said Thursday. […]
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FDA official calls UniQure’s gene therapy a ‘failed’ treatment for Huntington’s disease
Thomas Fuller | SOPA Images | Lightrocket | Getty Images UniQure needs to run another study to prove that its gene therapy “actually helps people with Huntington’s disease,” a senior U.S. Food and Drug Administration official said on a call with reporters Thursday. The official, who requested anonymity before discussing sensitive information, confirmed the agency […]
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Anthropic officially told by DOD that it’s a supply chain risk even as Claude used in Iran
New York Times columnist Andrew Ross Sorkin and CEO and co-founder of Anthropic Dario Amodei speak onstage during the 2025 New York Times Dealbook Summit at Jazz at Lincoln Center on December 03, 2025 in New York City. Michael M. Santiago | Getty Images The Department of Defense has officially informed Anthropic’s leadership that the […]
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Trump says he will replace DHS Secretary Kristi Noem with Sen. Markwayne Mullin
U.S. Homeland Security Secretary Kristi Noem attends a House Judiciary Committee hearing on “Oversight of the Department of Homeland Security” to testify, on Capitol Hill in Washington, D.C., U.S., March 4, 2026. Elizabeth Frantz | Reuters President Donald Trump on Thursday said Homeland Security Secretary Kristi Noem was leaving her post, and that she would […]
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House Speaker Johnson calls on Texas Rep. Gonzales to drop reelection bid
Rep. Tony Gonzales, R-Texas, does a TV news interview in the U.S. Capitol on Tuesday, Feb. 3, 2026. Bill Clark | CQ-Roll Call, Inc. | Getty Images House Republican leaders on Thursday called on Rep. Tony Gonzales to drop his bid for reelection after the Texas Republican admitted to having an affair with a staff […]
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Broadcom CEO’s copper commitment tanks Corning shares — but sellers are mistaken
Shares of optics maker Corning are tumbling Thursday, likely in response to comments from well-respected Broadcom CEO Hock Tan on the chipmaker’s earnings call the prior evening. But the market reaction seems like a clear-cut overreaction based on Corning’s own guidance and industry outlook. A key pillar of our investment thesis in Corning is the […]
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Oaktree’s Howard Marks says there’s no systemic problem with private credit
In this article BX Follow your favorite stocksCREATE FREE ACCOUNT watch now VIDEO3:3003:30 Howard Marks: No systemic problem with private credit Money Movers Veteran investor Howard Marks said he doesn’t see a widespread problem brewing in private credit, but warned that the sector’s rapid expansion over the past 15 years could expose weaker lenders when […]
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Mortgages in 47 seconds: Better’s new ChatGPT app targets lenders Rocket and UWM
Vishal Garg, Better.com Source: Better.com The online mortgage platform Better has partnered with OpenAI to launch an app within ChatGPT that the companies said will dramatically reduce the time it takes to underwrite a mortgage or home equity loan, CNBC has learned exclusively. The app, to be announced later Thursday, takes Better’s mortgage engine and […]
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