Shares of Cartier owner Richemont jump 17% as sales rise in December quarter

• Wells Fargo shares jump after earnings beat, strong 2025 guidance

  The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.
  
  CNBC - 16h

• Lululemon’s stock jumps as strong holiday sales show demand is improving

  Lululemon’s stock rallies toward a 10-month high after guidance for profit, revenue and gross margin were raised.
  
  MarketWatch - 2d
• 

  17+ winter essentials we’re eyeing from Reformation’s winter sale

  Reformation is currently discounting a handful of seasonal bestsellers, including wool and cashmere sweaters, denim, outerwear, shoes and more.
  
  NBC News - 6d
• 

  Greggs shares drop on sales slowdown

  UK bakery chain blames ‘subdued high street footfall’ for weaker earnings
  
  Financial Times - 6d

• Costco’s holiday-season sales jump was not just about food, analyst says

  Costco Wholesale Corp. on Wednesday reported a 9.9% year-over-year sales gain through the final stretch of the holiday-shopping season, marked by a big jump in online sales.
  
  MarketWatch - Jan. 8

• Vaccine makers’ shares jump after bird flu death in US

  Moderna, Pfizer, CureVac and Novavax register gains as health agency stresses risk to public ‘remains low’
  
  Financial Times - Jan. 7

• Services index shows big jump in prices for December as companies fear tariffs

  The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.
  
  CNBC - Jan. 7

• Eurozone inflation jumps to 2.4% in third consecutive rise

  Increase damps hope that European Central Bank will boost region’s flagging economy with rate cuts
  
  Financial Times - Jan. 7
• 

  December sales provide little cheer for retailers

  Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.
  
  BBC News - Jan. 7

More from CNBC

• TikTok’s U.S. operations could be worth as much as $50 billion if ByteDance decides to sell

  Business moguls should be prepared to spend tens of billions of dollars for TikTok's U.S. operations should parent company ByteDance decide to sell.
  
  CNBC - 11h

• TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand

  TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.
  
  CNBC - 1h

• Israel and Hamas reach Gaza ceasefire and hostage deal

  A ceasefire and hostage deal between Israel and Hamas has been reached in the bloody war in Gaza.
  
  CNBC - 8h

• UK economy's disappointing November growth fuels the case for Bank of England rate cut

  The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
  
  CNBC - 41m

• Goldman Sachs CEO Solomon says IPO market is 'going to pick up' along with dealmaking

  At an event hosted by Cisco on Wednesday, Goldman Sachs CEO David Solomon indicated that the multi-year IPO drought should be coming to an end.
  
  CNBC - 8h

More in Business

• 

  Netanyahu under pressure from far-right allies on Gaza ceasefire deal

  Donald Trump has warned of ‘hell to pay’ if accord does not take effect before his inauguration
  
  Financial Times - 4m

• Richemont stock is surging by the most it’s ever done in one day. Other luxury plays are jumping too.

  The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.
  
  MarketWatch - 6m

• UnitedHealth has a lot more to explain to investors besides its earnings numbers

  When the healthcare giant reports earnings Thursday morning, investors will be looking to see if Brian Thompson’s death and the public outcry over denials are prompting any changes at the company.
  
  MarketWatch - 17m

• Influential activist short-seller firm Hindenburg Research says it is shutting down

  Founder Nathan Anderson says he and his team are ready to move on to the next chapter in their lives after just eight years.
  
  MarketWatch - 30m
• 

  Arnold Schwarzenegger Says a Happy Life Boils Down to These 4 Words. Psychology Agrees With Him

  Arnold Schwarzenegger’s four-word life motto sounds simple, but psychologists insist it encapsulates a lot of research-backed wisdom.
  
  Inc. - 38m