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Cramer’s week ahead: Banks kick off critical earnings season
After President Donald Trump's new tariffs crushed global stocks for a second consecutive day, CNBC's Jim Cramer said next week's earnings reports will provide a first look at how CEOs are dealing with the fallout.Big bank earnings…
Xiaomi delivers record cars in March as winners emerge in China’s EV race
A Xiaomi store in Shanghai, China, on March 16, 2025.Qilai Shen/Bloomberg | Bloomberg | Getty ImagesChinese electric carmakers Xiaomi, Xpeng and Leapmotor each delivered nearly 30,000 or more cars in March, roughly twice several of their…
Rivian reports sharp fall in quarterly deliveries as soft demand bites
People look at Rivian electric trucks at the auto maker's newly opened storefront in the Meatpacking District of Manhattan on June 23, 2023 in New York City.Spencer Platt | Getty ImagesRivian reported a 36% decline in first-quarter…
Tesla reports 13% drop in first-quarter vehicle deliveries from a year ago
General view of a Tesla Store in Paramus, New Jersey, on March 20, 2025.Kena Betancur | Getty ImagesTesla reported 336,681 vehicle deliveries in the first quarter of 2025, a 13% decline from a year ago, two days after the electric…
Huawei 2024 revenue surges to near-record high as China smartphone comeback takes hold
The Huawei booth at the Mobile World Congress in Barcelona, 2025.Arjun Kharpal | CNBCHuawei on Monday reported a sharp jump in 2024 revenue as its core telecommunications and consumer businesses accelerated.Huawei reported revenue for…
Lululemon shares drop more than 10% as CEO says inflation, economic concerns are weighing
Lululemon store in Manhattan, New York City, U.S., on July 15, 2024.Beata Zawrzel | Nurphoto | Getty ImagesLululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed…
FedEx cuts full-year results forecast on ‘uncertainty’ in economy, bad weather
A FedEx plane prepares to leave the FedEx Cargo Hub at Miami International Airport on Feb. 12, 2025 in Miami, Florida.Joe Raedle | Getty ImagesFedEx lowered its full-year profit and revenue forecasts on Thursday, as the parcel delivery…
Micron shares jump on earnings beat, rosy guidance as data center revenue triples
Signage outside the Micron offices in San Jose, California, on Dec. 17, 2024.David Paul Morris | Bloomberg | Getty ImagesMicron shares popped 6% in extended trading Thursday after the company reported second-quarter results that beat…
Nike sales fall during key holiday quarter, driven by 17% plunge in China
Nike beat Wall Street's expectations for its key holiday quarter but sales were down 9% across the business, driven by weakness in China.During the quarter, sales fell 17% in the key region to $1.73 billion, falling short of expectations…
Darden Restaurants sales disappoint as Olive Garden, LongHorn Steakhouse miss
The Olive Garden logo is displayed on the front of an Olive Garden Italian restaurant in Edmonton, Alberta, Canada, on February 15, 2025. Artur Widak | Nurphoto | Getty ImagesDarden Restaurants on Thursday reported weaker-than-expected…