business news
Booking Holdings CEO on Q1 results, impact of Middle East conflict and travel demand outlook
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Booking Holdings CEO Glenn Fogel joins ‘Squawk Box’ to discuss the company’s quarterly earnings results, impact of the Middle East conflict on the business, state of travel demand, and more. Source
Read More
Fed day, Starbucks earnings, UAE leaves OPEC and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. I couldn’t help but feel a pang of déjà vu reading about Jimmy Kimmel’s return to the White House’s crosshairs. S&P 500 futures are little changed this morning. All three major averages logged a negative session yesterday. Here are five […]
Read More
OpenAI looms over earnings from tech hyperscalers
CEO of OpenAI Sam Altman speaks during the 2026 Infrastructure Summit of government officials, corporate executives, and labor leaders, in Washington, D.C., U.S., March 11, 2026. Kylie Cooper | Reuters With the four tech hyperscalers — Amazon, Alphabet, Meta and Microsoft — set to report quarterly earnings after the close, hovering over their results is […]
Read More
Stocks making the biggest moves premarket: Seagate, Robinhood, Humana, Generac & more
Check out the companies making the biggest moves premarket: Seagate Technology — The data storage stock popped almost 18%. Seagate sees fiscal fourth-quarter revenue coming in at $3.45 billion, plus or minus $100 million, and adjusted earnings of $5 per share, plus or minus 20 cents. That compares to the LSEG estimate of $3.97 per […]
Read More
Treasury yields are little changed as investors await Fed decision
Federal Reserve Board Chairman Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting, at the Federal Reserve in Washington, DC, on June 14, 2023. Mandel Ngan | AFP | Getty Images U.S. Treasury yields were little changed on Wednesday as investors awaited the outcome of what could be Jerome Powell’s […]
Read More
Is Meta’s AI spending blitz working? The stock’s next move depends on the answer
Shares of Meta Platforms are recovering from a bruising stretch earlier this year, when investors shied away from the social media giant’s massive investment in artificial intelligence. Wednesday’s earnings will determine whether that rebound will continue. The stakes are high: Meta is in the midst of one of the most aggressive AI buildouts of all […]
Read More
Yum Brands earnings top estimates, fueled by Taco Bell’s 8% same-store sales growth
Facade of a Taco Bell Cantina restaurant in Danville, California, Jan. 8, 2026. Smith Collection | Gado | Archive Photos | Getty Images Yum Brands on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by another strong quarter for Taco Bell. Here’s what the company reported compared with what Wall Street was expecting, based […]
Read More
UK’s biggest drugmakers see surprise profit bump, even as pharma grapples with U.S. policies
AstraZeneca and GSK, the U.K.’s second and ninth most valuable companies, both saw first-quarter profits beat expectations early Wednesday. Source
Read More
Oil prices extend multi-day rally as Trump issues new threat to Iran; Brent tops $114 per barrel
Oil tankers and gas tankers were affected by the closure of the Strait of Hormuz, leading to a global energy crisis stemming from the war in the Middle East. Photos For You | Moment | Getty Images Oil prices advanced again on Wednesday as traders balanced the United Arab Emirates’ shock departure from OPEC with […]
Read More
Meta told it’s violating EU law by not doing enough to keep children off Facebook and Instagram
The European Commission has found that Meta breached EU law by failing to prevent under-13s from accessing its platforms, as scrutiny of the tech giant’s handling of child safety intensifies. The commission said Wednesday that its preliminary investigations concluded that Meta violated the EU’s Digital Services Act because the minimum age requirement of 13 for […]
Read More