Verizon Communications Inc
Best Buy shares plunge as CEO warns price increases are ‘highly likely’ due to Trump tariffs
Best Buy on Tuesday posted fourth-quarter earnings and revenue that topped expectations, but CEO Corie Barry projected that prices for U.S. consumers would rise as President Donald Trump’s tariffs on China and Mexico go into effect. On Best Buy’s earnings call, Barry said China and Mexico are the company’s top two supply-chain sources, with about […]
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Elon Musk says he’s sending Starlink tech to FAA while saying, without evidence, that air safety is ‘at risk’
Elon Musk said Thursday that he’s sending his Starlink satellite internet terminals to the Federal Aviation Administration while saying, without providing evidence, that current technology poses a risk to air travel safety. The billionaire and top advisor to President Donald Trump, who has been tasked with cutting costs throughout the federal government, posted the claims […]
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From tariffs to DOGE, what companies are saying about the impact of MAGA policies
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on Jan. 20, 2025. Saul Loeb | Via […]
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NFL goes after Gen Z fans by courting creators on YouTube, Instagram and Snapchat
Katie Austin normally publishes fitness content to her Instagram and YouTube channel. But this week, she’s been posting a steady trickle of content from New Orleans. That’s because Austin, 31, from California, is one of hundreds of creators who have swarmed the Big Easy for Super Bowl 59, getting paid large contracts to make social […]
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Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint
Igor Golovniov | Lightrocket | Getty Images Cable giant Comcast is looking to the wireless business for growth. Comcast executives said Thursday the company will shift its focus to its mobile business after reporting a loss of 139,000 residential broadband customers during the fourth quarter. Broadband has long been the growth engine of the cable […]
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Comcast beats earnings estimates as broadband revenue rises despite customer losses
Jeff Fusco | Getty Images Comcast topped Wall Street’s fourth-quarter estimates on Thursday as revenue from the company’s broadband business gave it a boost despite losing customers. Here is how the company performed for the quarter, compared with average analyst estimates from LSEG: Earnings per share: 96 cents adjusted vs 86 cents Revenue: $31.92 billion […]
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Stocks making the biggest moves midday: Texas Instruments, Grindr, Twilio and more
Check out the companies making headlines in midday trading. Verizon Communications — The telecom giant saw shares climbing 1.3% after the firm posted its strongest quarterly wireless subscriber growth in five years, boosted by solid demand for its customizable offerings like myPlan. Verizon reported earnings of $1.1 per share last quarter, matching an average estimate […]
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Eli Manning says ‘only one team’ he’d take an ownership stake in: The New York Giants
Former New York Giants quarterback Eli Manning would consider becoming a minority owner of his old team if the Mara family is willing to sell him a stake. “It’s definitely something of interest,” said Manning, who spoke in a CNBC Sport interview. “There’s probably only one team I’d be interested in pursuing, and it’s the […]
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Why the U.S. government is saying all citizens should use end-to-end encrypted messaging
Think twice before sending your next text message. Or better yet, make sure you are using an end-to-end encryption method. Consumers regularly use different types of messaging technology from the biggest technology companies including Apple, Alphabet and Meta Platforms, including iMessage, Google Messages, WhatsApp and SMS, but the level of protection varies. Now, the U.S. […]
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Trump rings bell at NYSE to cheers of ‘USA’ as Wall Street CEOs, business leaders look on
President-elect Donald Trump rang the opening bell at the New York Stock Exchange on Thursday after vowing an economic boom to a cheering crowd of traders and business leaders. “We’re with you all the way,” the incoming Republican president said in the NYSE building in lower Manhattan, where he was invited after becoming TIME’s “Person […]
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