Business
Stocks making the biggest moves midday: Urban Outfitters, Advance Auto Parts, Snowflake, Sunrun and more
Check out the companies making headlines in midday trading. Advance Auto Parts — Shares skyrocketed 55% following a better-than-expected report from the car part retailer. The company lost an adjusted 22 cents per share in the third quarter, narrower than the loss of 82 cents per share anticipated by analysts polled by LSEG. Revenue came […]
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Snowflake shares soar to highest level in over a year as revenue tops $1 billion for first time
Snowflake Inc. signage on the floor of the New York Stock Exchange in New York, US, on Jan. 2, 2025. Michael Nagle | Bloomberg | Getty Images Snowflake shares jumped 12% on Thursday, climbing to their highest level since early last year after the data analytics company reported better-than-expected quarterly results. Revenue in the fiscal […]
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Universal leans into theme parks with multibillion dollar Epic Universe, even as economic uncertainty looms
The entrance portal to the Epic Universe theme park in Orlando, Florida, US, on Saturday, April 5, 2025. Thomas Simonetti | Bloomberg | Getty Images ORLANDO, Florida — With the grand opening of Epic Universe on Thursday, Comcast is positioning its Universal Studios Orlando Resort as a destination, not a pit stop. For years, Universal’s […]
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How UnitedHealthcare became the face of America’s health insurance frustrations
Flags fly at half staff outside the United Healthcare corporate headquarters in Minnetonka, Minnesota, Dec. 4, 2024. Stephen Maturen | Getty Images News | Getty Images It took six months, countless hours on hold and intervention from state regulators before Sue Cover says she finally resolved an over $1,000 billing dispute with UnitedHealthcare in 2023. […]
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Stocks making the biggest moves premarket: Advance Auto Parts, Snowflake, Humana, Lumen Technologies and more
Check out the companies making headlines before the bell: Advance Auto Parts — Shares surged more than 30% after Advance Auto Parts topped first-quarter expectations. The auto parts company posted an adjusted loss of 22 cents per share, narrower than the loss of 82 cents per share analysts polled by LSEG had anticipated. Revenue of […]
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Family offices bet on the U.S. and stocks for 2025, UBS finds
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Despite growing fears of a ” sell America ” trade, American family offices are ramping up their bets on the U.S. […]
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Summer travel demand is soaring — but airlines are short on planes
People board Ryanair plane at Rome Ciampino Airport in Ciampino, Italy on April 27, 2025. Nurphoto | Nurphoto | Getty Images Airlines are facing an uphill battle during peak travel season as delivery delays at Boeing and Airbus fuel a commercial jet shortage. The ongoing capacity issue remains a cause of concern for the industry […]
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Nvidia’s Jensen Huang thinks U.S. chip curbs failed — and he’s not alone
Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. I-hwa Cheng | Afp | Getty Images Replacing Nvidia is a tall order. While Chinese competitors are years behind the company’s cutting-edge technology, many analysts and insiders warn they are catching up, thanks to U.S. export […]
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Why OpenAI’s deal with iPhone designer Jony Ive should be a wake up call for Apple
Apple CEO Tim Cook (L) and Apple chief design officer Jony Ive (R) look at the new Mac Pro during the 2019 Apple Worldwide Developer Conference (WWDC) at the San Jose Convention Center on June 03, 2019 in San Jose, California. Justin Sullivan | Getty Images Before Jony Ive left Apple in 2019, no major […]
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Cigna announces new deal for copay caps on Eli Lilly and Novo Nordisk weight loss drugs
Wegovy injection pens arranged in Waterbury, Vermont, US, on Monday, April 28, 2025. Shelby Knowles | Bloomberg | Getty Images Only half of health insurer Cigna‘s clients currently cover the popular GLP-1 weight loss drugs Wegovy and Zepbound because of their high costs. But the company’s pharmacy benefits unit Evernorth has reached a deal with […]
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