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Snap shares soar on better-than-expected profit and revenue
Snap reported better-than-expected fourth-quarter results Tuesday but issued earnings guidance that trailed estimates.CNBC - 19h -
Alphabet shares drop as much as 9% on revenue miss, soaring AI investments
Alphabet reported fourth-quarter earnings on Tuesday after the close of regular trading.CNBC - 6h -
More than a million miss tax return deadline
Thousands of people left it to the last minute before the cut-off at the end of Friday.BBC News - 2d -
Apple shares rise 3% as boost in services revenue overshadows iPhone miss
Although Apple's overall sales rose during the quarter, the company's closely watched iPhone sales actually declined slightly on a year-over-year basis.CNBC - 5d -
Microsoft stock slumps more than 6% on disappointing revenue outlook
Microsoft shares dropped 6% despite topping fiscal second-quarter estimates due to weak guidance.CNBC - 5d -
Tesla fourth-quarter results miss estimates as automotive revenue drops 8%
Tesla reported weaker-than-expected earnings and revenue for the quarter that ended in December.CNBC - 6d -
Social Security boost may take more than a year for many Americans
The Social Security Fairness Act is adding to the workload of a federal agency already short on staff, it says in urging patience.CBS News - Jan. 27 -
Stellantis plans US investments worth more than $5bn
Proposed spending comes after carmaker’s chair met Donald Trump before his inaugurationFinancial Times - Jan. 22 -
World's biggest chipmaker TSMC posts record 2024 revenue as AI boost continues
TSMC manufacturers semiconductors for some of the world's biggest companies from Apple to Nvidia.CNBC - Jan. 10
More from CNBC
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Google opens its most powerful AI models to everyone, the next stage in its virtual agent push
The suite of agentic Gemini 2.0 models includes 2.0 Flash, 2.0 Pro Experimental and 2.0 Flash-Lite.CNBC - 1h -
Here's how Musk's access to Treasury system may impact Social Security, other government payments
The new Department of Government Efficiency now has access to a federal system responsible for $6 trillion in annual payments.CNBC - 9m -
USPS says it will resume accepting inbound packages from China, Hong Kong
The USPS said it will resume accepting inbound mail and packages from China and Hong Kong Posts, just hours after it suspended service from those regions.CNBC - 4h -
Homebuyer mortgage demand drops further, a troubling sign for the spring market
Homebuyers are seeing very little reason to get a jump on the all-important spring housing market, even with more listings coming up for sale.CNBC - 5h -
Trump says he wants to negotiate a nuclear deal with Iran after imposing ‘maximum pressure’
Trump said in a Truth Social post that work should begin on a nuclear deal "immediately."CNBC - 2h
More in Business
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U.S. Trade Deficit Hit Record in 2024 as Imports Surged
A strong dollar helped drive an uptick in U.S. imports last year, while export growth remained modest.The New York Times - 5m -
Here's how Musk's access to Treasury system may impact Social Security, other government payments
The new Department of Government Efficiency now has access to a federal system responsible for $6 trillion in annual payments.CNBC - 9m -
New York Times Reports 350,000 Additional Digital Subscribers
Adjusted operating profit for the fourth quarter increased 10.7 percent from a year earlier, to $170.5 million, the company said.The New York Times - 14m -
Corporate profits are near all-time highs, while wages are near lows. How long can this last?
The U.S. has very high corporate profits, very high asset prices, very high fiscal deficits, very high trade deficits, and very low wages versus history, notes Deutsche Bank. Does something have to ...MarketWatch - 20m -
Big Tech stocks struggle after quarterly earnings as Alphabet sees steep drop
Alphabet has seen ‘one of the more negative reactions to earnings reports this earnings season,’ says Bespoke Investment GroupMarketWatch - 20m