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Earnings

Oracle soars 30% on cloud growth projections even as earnings miss estimates

September 11, 20250

Oracle shares spiked 30 % Wednesday after the database software maker indicated hefty growth prospects due to new cloud contracts, even as earnin...

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Business

Financial CEOs are weighing in on the state of the economy

September 11, 20250

Some of America's top financial services executives are starting to issue warnings about the economy.Saying they're seeing signs of "softening" o...

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Finance

Wells Fargo CEO says Trump is entitled to be vocal about the Fed

September 10, 20250

Wells Fargo CEO Charlie Scharf speaks during in interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Ju...

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Economy

5 takeaways from the producer price inflation report with another key reading on tap

September 10, 20250

Customers look over clothing items displayed on April 18, 2025 at a Costco branch in Niantic, Connecticut. Robert Nickelsberg | Getty ImagesThe p...

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Earnings

‘We’re all kind of in shock.’ Oracle’s revenue projections leave analysts slack-jawed

September 10, 20250

The New York Stock Exchange welcomes Oracle to the podium on July 12, 2023.NYSEJohn DiFucci from Guggenheim Securities said he was "blown away." ...

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Business

Uber partners with fintech firm Pipe to offer capital to small businesses

September 10, 20250

Fintech company Pipe is partnering with Uber in a new effort to help small businesses acquire capital with fewer barriers to access, CNBC has lea...

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Finance

T. Rowe Price shares jump after deal where Goldman will invest $1 billion in asset manager

September 9, 20250

The T. Rowe Price Technology Development Center in New York, US, on Monday, May 1, 2023. Bing Guan | Bloomberg | Getty ImagesT. Rowe Price s...

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Economy

Job growth revised down by 911,000 through March, signaling economy on shakier footing than realized

September 9, 20250

The labor market created far fewer jobs than previously thought, according to a Labor Department report Tuesday that added to concerns both about...

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Earnings

Lululemon shares plunge 20% as it slashes earnings outlook, projects $240 million tariff hit

September 9, 20250

Lululemon shares plunged 20% in extended trading after the company gave a much worse than expected full-year outlook, as tariffs take a bite from...

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Business

One year in, Brian Niccol’s Starbucks looks different — but there are still more changes coming

September 9, 20250

After two decades going to Starbucks every day at 4:30 a.m., longtime customer Tony Dennis abandoned the company last year."I was frustrated," he...

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