Your Pulse On America: Live And Unfiltered
Cisco CEO Chuck Robbins speaking on CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Gerry Miller | CNBC Cisco shares climbed about 6% in extended trading on Wednesday after the networking hardware maker reported fiscal second-quarter results and guidance that topped Wall Street’s expectations. Here’s how the company…
Super Micro Computer issued a lofty fiscal 2026 outlook, lifting the stock more than 13%. JPMorgan remains skeptical, however. The company said it expects revenue to reach $40 billion in fiscal 2026, overshadowing a much more tepid near-term forecast. Super Micro issued fiscal 2025 revenue guidance ranging between $23.5 billion and $25 billion, while analysts…
A test tube is seen in front of displayed Biogen logo in this illustration taken on, December 1, 2021. Dado Ruvic | Reuters Biogen on Wednesday posted fourth-quarter revenue and profit that topped expectations as its cost cuts showed progress and new products, including its breakthrough Alzheimer’s treatment Leqembi, saw growth. But the biotech company’s…
The Burger King logo is displayed at a Burger King fast food restaurant on January 17, 2024 in Burbank, California. Mario Tama | Getty Images Restaurant Brands International on Wednesday reported same-store sales growth of 2.5%, fueled by the better-than-expected performance from Burger King’s and Popeyes’ restaurants. Shares of the company rose roughly 1% in…
Compass Minerals could be a winner from this year’s cold winter, per JPMorgan. Analyst Jeffrey Zekauskas upgraded the stock to overweight from neutral. He also raised his target price by $2 to $15 per share, which suggests 25.3% upside potential from Tuesday’s close. Compass Minerals has struggled of late, with multiple “business dislocations that have…
An exterior view of a CVS pharmacy in Danville, Pennsylvania. Paul Weaver | Lightrocket | Getty Images CVS Health on Wednesday reported fourth-quarter revenue and profit that topped estimates, even as its troubled insurance business continued to see higher medical costs. The company also issued a full-year 2025 adjusted earnings outlook of $5.75 to $6…
Rapper Ye, formerly known as Kanye West, performs onstage during a “Vultures 1” concert in Inglewood, California on March 14, 2024. Scott Dudelson | Getty Images Entertainment | Getty Images Shopify has taken down a site advertised by rapper Ye, formerly known as Kanye West, that sold swastika t-shirts. The rapper ran an advertisement on…
James Quincey, CEO of Coca-Cola, speaking on CNBC’s “Squawk Box” outside of the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Gerry Miller | CNBC Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by a global rise in demand for its drinks. Shares of the company rose 2%…
Elon Musk, CEO of Tesla Inc., ahead of the 60th presidential inauguration parade at Capital One Arena in Washington, D.C., on Jan. 20, 2025. Victor J. Blue | Bloomberg | Getty Images Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion, The Wall Street Journal reported…
Actor Harrison Ford touts Jeep and Americana while taking a dig at another Detroit automaker during Stellantis Stellantis DETROIT — A CEO’s exit, electric vehicles making the industry run around like “headless chickens” and a company’s U.S. revival all came together to make Ram and Jeep parent Stellantis the only automaker with a Super Bowl…