Business
Southwest Airlines cuts outlook on government shutdown demand hit, higher fuel costs
Planes line up on the tarmac at LaGuardia Airport on Nov. 10, 2025 in New York City. Spencer Platt | Getty Images Southwest Airlines cut its 2025 earnings forecast on Friday, citing a demand dip during the federal government shutdown, the longest ever. The carrier said it expects 2025 earnings before interest and taxes of […]
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Stocks making the biggest moves premarket: Rubrik, Netflix, Victoria’s Secret, Sofi, Ulta and more
Check out the companies making headlines before the bell. Netflix , Warner Bros. Discovery — Shares of Netflix and Warner Bros. Discovery pulled back almost 3% and roughly 1%, respectively, after the streaming giant said Friday it’s reached a deal to buy WBD for $27.75 per share. Rubrik — Shares jumped nearly 19% after the […]
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$208 million wiped out: Yieldstreet investors rack up more losses as firm rebrands to Willow Wealth
As Yieldstreet tries to distance itself from a rocky past with a new name and ad campaign, its customers are dealing with a present reality that is increasingly dire. The private markets investing startup, freshly rebranded as Willow Wealth, last week informed customers of new defaults on real estate projects in Houston, Texas, and Nashville, […]
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Nvidia partner Foxconn reports 26% revenue spike as AI boom continues
The logo of multinational tech company Foxconn (also known as Hon Hai), which is a major manufacturer for Apple products, in Taipei, Taiwan, on April 16, 2025. Anadolu | Anadolu | Getty Images Foxconn, a key Nvidia partner in its artificial intelligence buildout, saw its revenue spike 26% year-on-year in November, as demand for servers […]
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Global websites back online as Cloudflare issues fix for dashboard issue
The Cloudflare logo appears on a smartphone screen and on the background on computer screen Internal server error in this photo illustration on November 18, 2025 in Lviv, Ukraine. Global Images Ukraine | Global Images Ukraine | Getty Images U.S. internet infrastructure company Cloudflare said on Friday it had issued a fix for an issue […]
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Salesforce CEO calls AI a ‘commodity feature’, says the technology bolsters enterprise software
As Wall Street worries that advancements in artificial intelligence will hurt enterprise software companies, Salesforce CEO Marc Benioff told CNBC’s Jim Cramer a large language model is “just a commodity feature” that strengthens his company’s products. “All these large language models are the same. We just want the lowest cost one, then we plug it […]
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SoFi’s stock drops on $1.5 billion share sale announcement
Key Points SoFi announced the public offering of $1.5 billion in stock. The share sale comes after the fintech company’s market cap almost doubled so far in 2025. Stock prices often fall when companies announce offerings because the share sale dilutes the value of existing holders’ stakes. Source
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Costco adds Biden Commerce Sec. Gina Raimondo to board on heels of Trump tariff lawsuit
US Commerce Secretary Gina Raimondo speaks on the first day of the Democratic National Convention (DNC) at the United Center in Chicago, Illinois, on August 19, 2024. Mandel Ngan | AFP | Getty Images Read more CNBC politics coverage “We are very pleased to nominate Secretary Raimondo for election to our Board,” Costco Chairman Tony […]
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Ulta shares pop as beauty retailers hikes sales and earnings outlook for second straight quarter
An Ulta Beauty store in Concord, California, US, on Wednesday, Dec. 3, 2025. David Paul Morris | Bloomberg | Getty Images Ulta Beauty on Thursday raised its full-year sales outlook after topping Wall Street’s expectations for the fiscal third quarter. The beauty retailer said it now expects net sales for the year to be approximately […]
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