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Earnings

Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong

February 23, 20250

Walmart stock may be a steal.Former Walmart U.S. CEO Bill Simon contends the retailer's stock sell-off tied to a slowing profit growth forec...

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Business

UnitedHealth’s rough stretch continues, with buyouts, a reported DOJ probe and a 23% drop in three months

February 23, 20250

FILE PHOTO: The logo of Down Jones Industrial Average stock market index listed company UnitedHealthcare is shown in Cypress, California April 13...

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Finance

Steve Cohen says tariffs and DOGE’s cuts are negative for economy, market correction could be soon

February 22, 20250

Steve Cohen, chairman and CEO of Point72, speaking to CNBC on April 3, 2024.CNBCBillionaire investor Steve Cohen doubled down on his negative vie...

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Economy

Trump suggests 25% tariffs on autos, pharma and semiconductors that could go even higher

February 22, 20250

U.S. President Donald Trump speaks at Mar-a-Lago in Palm Beach, Florida, U.S., Feb. 18, 2025. Kevin Lamarque | ReutersPresident Donald Trump...

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Earnings

Block shares plunge 18%, for worst day on market in 5 years after earnings miss

February 22, 20250

Marco Bello | AFP | Getty ImagesBlock shares plunged 18% on Friday, their steepest drop since 2020, after the company reported fourth-quarter ear...

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Business

Once high-flying Bluebird Bio sells itself to private equity after tough times for the gene therapy maker

February 22, 20250

Sopa Images | Lightrocket | Getty ImagesBluebird Bio will sell itself to private equity firms Carlyle and SK Capital for about $30 million, the c...

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Finance

GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says

February 21, 20250

GameStop Chairman Ryan Cohen.CNBCGameStop CEO and billionaire investor Ryan Cohen has increased his personal stake in Chinese e-commerce giant Al...

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Economy

Germany’s election will usher in new leadership — but might not turn tides for the country’s struggling economy

February 21, 20250

Production at the VW plant in Emden.Sina Schuldt | Picture Alliance | Getty ImagesThe struggling German economy has been a major talking point am...

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Earnings

Texas Roadhouse gets off to slower current quarter start. But nothing it can’t handle

February 21, 20250

Texas Roadhouse reported a top and bottom line beat in its fourth quarter with strong comparable sales growth and margin improvement. Although th...

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Business

Trump is ‘not happy’ with Boeing over Air Force One delays, but airlines are growing upbeat

February 21, 20250

Boeing 737s on the ground in Renton, Washington.Leslie Josephs | CNBCPresident Donald Trump expressed frustration in recent days about the long w...

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