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Salesforce misses on revenue, issues disappointing guidance
Salesforce CEO Marc Benioff appears at the World Economic Forum in Davos, Switzerland, on Jan. 23, 2025.Halil Sagirkaya | Anadolu | Getty ImagesSalesforce reported weaker-than-expected quarterly revenue on Wednesday and issued a forecast…
TJ Maxx parent company posts strong holiday, but issues weaker-than-expected guidance
North Miami Beach, Florida, T.J. Maxx & HomeGoods discount department store, furniture display and welcome sign.Jeff Greenberg | Getty ImagesTJX Companies posted a better-than-expected holiday quarter driven entirely by customer…
Lucid CEO steps down; EV maker plans to more than double production in 2025
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024.Justin Sullivan | Getty ImagesElectric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson has stepped down as the…
Home Depot earnings beat Wall Street estimates, as retailer breaks comparable sales
Home Depot on Tuesday topped Wall Street's quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer demand for large remodels and pricier projects.For the full year ahead, the company said it…
Chegg sues Google for hurting traffic with AI as it considers strategic alternatives
Chegg seen at the New York Stock Exchange on Feb. 13, 2025. Danielle DeVries | CNBCChegg on Monday filed suit in federal district court against Google, claiming that artificial intelligence summaries of search results have hurt the…
Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record
Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen | CNBCBerkshire Hathaway on Saturday reported a massive surge in fourth-quarter earnings from…
The earnings picture for stocks is deteriorating. How worried investors should be
There's a lot riding on earnings in 2025. Last year saw double-digit earnings growth in the S & P 500 , and the market is counting on another year of double-digit gains to power stocks higher. Unfortunately, earnings estimates for…
Block shares fall on profit, revenue miss
Jack Dorsey, CEO of Square, speaks on stage at the Bitcoin 2021 Convention, a cryptocurrency conference held at the Mana Convention Center in Wynwood in Miami, Florida, on June 4, 2021.Joe Raedle | Getty ImagesBlock reported…
Warren Buffett’s eagerly anticipated annual letter lands Saturday. Here’s what to expect
Warren Buffett is about to address shareholders and countless admirers following a series of market-moving events — a fresh trade war, devastating wildfires as well as a shocking stock-selling spree at his own Berkshire Hathaway . The…
Buffett says Berkshire will continue to increase investment in Japan trading houses
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, photographed during a 2011 trip to Japan.Bloomberg | Bloomberg | Getty ImagesBerkshire Hathaway is committed to its Japanese investments for the long term and…