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Tesla reports 20% drop in auto revenue as first-quarter results miss Wall Street
Tesla CEO Elon Musk wears a 'Trump Was Right About Everything!' hat, as he, U.S. Trade Representative Jamieson Greer and Central Intelligence Agency Director John Ratcliffe attend a cabinet meeting at the White House, in Washington,…
Lockheed Martin’s quarterly profit rises on resilient defense demand
The Lockheed Martin logo is seen during the the 70th annual International Astronautical Congress at the Walter E. Washington Convention Center in Washington, DC on October 22, 2019.Mandel Ngan | AFP | Getty ImagesLockheed Martin reported…
The biggest questions facing Big Tech ahead of earnings
Guests including Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk attend the inauguration of Donald J. Trump in the U.S. Capitol Rotunda in Washington, D.C., on Jan. 20, 2025. Trump takes office for his second…
Bunq, a neobank for ‘digital nomads,’ accelerates U.S. expansion effort as profit jumps
Dutch digital bank Bunq is plotting re-entry into the U.K. to tap into a "large and underserved" market of some 2.8 million British "digital nomads."Pavlo Gonchar | Sopa Images | Lightrocket | Getty ImagesDutch digital bank Bunq on…
TSMC sticks with its revenue forecast after profit tops estimates despite Trump trade
Taiwan Semiconductor Manufacturing Company (TSMC) headquarters in Hsinchu, Taiwan, on April 16, 2025. Anadolu | Anadolu | Getty ImagesTaiwan Semiconductor Manufacturing Company on Thursday maintained its annual revenue forecast after it…
UnitedHealth shares tank on steep forecast cut as medical care costs soar
UnitedHealth Group cut its annual profit forecast on Thursday in anticipation of higher-than-expected medical costs, triggering a 19% selloff in shares of the industry bellwether that reverberated across the sector.The bleak forecast…
American Express’ wealthy cardholders are mostly untouched by tariff jitters
American Express' affluent cardholders are showing few signs of curbing their spending, and younger customers drove growth in first-quarter transaction volumes, Chief Financial Officer Christophe Le Caillec told CNBC.Billed business on…
Netflix maintained its 2025 guidance. That may not be the sign of confidence it seems
Greg Peters, Co-CEO of Netflix, speaks at a keynote on the future of entertainment at Mobile World Congress 2023.Joan Cros | Nurphoto | Getty ImagesNetflix executives messaged Thursday that all is well with the business in the face of…
Hermès to hike U.S. prices for iconic bags and scarves in response to Trump tariffs
A guest wears white shirt, brown pants, brown suede jacket and brown Hermes bag with a green and white silk neck scarf outside the Hermes fashion show during the Womenswear Fall/Winter 2025/2026 as part of Paris Fashion Week on March 08,…
Our top 3 and bottom 3 stocks since Trump’s reciprocal tariffs rocked Wall Street
Financial markets have been roiled over the past month on escalating concerns about a recession and a global trade war because of President Donald Trump 's constantly shifting tariff plans. Since our Monthly Meeting on March 13, Wall…