CrowdStrike slumps more than 6% on weak earnings outlook, overhang from outage costs
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CrowdStrike sees more costs ahead in the aftermath of last summer’s outage
CrowdStrike’s stock is falling in the wake of a larger-than-expected loss and disappointing profit guidance.MarketWatch - 1d -
CrowdStrike falls 9% on disappointing earnings forecast
CrowdStrike shares dropped more than 9% in extended trading after the cybersecurity software provider issued weaker-than-expected guidance.CNBC - 1d -
Want a Top Quarterback Recruit? They Cost Colleges More Than $1 Million.
Elite student-athletes are cashing in and quarterbacks aren’t the only coveted players capable of earning nine figures.The New York Times - Feb. 26 -
Okta pops more than 24% on strong earnings and guidance beat, posts best day in more than two years
Okta shares soared on Tuesday after the identity and access management company delivered strong fourth-quarter earnings and beat on guidance.CNBC - 1d -
Tesla's market cap sinks below $1 trillion as stock slumps more than 8%
Tesla shares have dropped dramatically since peaking in December, and Tuesday's decline pushed the company's market cap below $1 trillion.CNBC - Feb. 25 -
Social Security Administration has been on ‘autopilot,’ costing more than $800 million, acting commissioner says
Cuts affect payroll, information technology, security and travel.MarketWatch - 2d -
Rocket Lab makes ‘bold’ satellite move, but shares slide on weak outlook
Rocket Lab USA Inc. shares fell about 13% in extended trading Thursday after the space-launch company topped Wall Street’s fourth-quarter revenue estimates but gave a weaker-than-expected ...MarketWatch - 6d -
Snowflake gains more than 4% on earnings beat as company expands AI push
Snowflake announced an expanded partnership with Microsoft Azure to offer access to OpenAI models on Wednesday.CNBC - 6d -
Planet Fitness shares stumble as outlook points to slower earnings growth
Planet Fitness’ stock falls as the full-year earnings growth outlook disappoints.MarketWatch - Feb. 25
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'Tariff war, a trade war or any other type of war' — China says it's ready to fight U.S. until the end
Beijing announced Tuesday additional tariffs as high as 15% on certain U.S. goods, starting from March 10 and a series of new export restrictions for designated U.S. entities.CNBC - 2h -
Amazon's cloud unit forms agentic AI group
Swami Sivasubramanian, who has run Amazon Web Services' database business, will lead a new group focused on agentic AI.CNBC - 6h -
Japanese 10-year bond yields surge to near 16-year highs on rate-hike expectations, global sell-off
The 30-year bond also crossed the 2.5% mark for the first time since 2008.CNBC - 3h -
South Korea's mint is grappling with a gold bar shortage as supply constraints bite
South Korea's state-run mint is grappling with a gold bar shortage amid robust demand for the precious metal.CNBC - 52m -
Appeals court allows Trump administration to remove ethics watchdog Dellinger — for now
The Supreme Court is likely to determine whether President Donald Trump can fire Hampton Dellinger as head of the Office of Special Counsel.CNBC - 6h
More in Business
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South Korea's mint is grappling with a gold bar shortage as supply constraints bite
South Korea's state-run mint is grappling with a gold bar shortage amid robust demand for the precious metal.CNBC - 52m -
Thames Water has to keep borrowing and carry on
The public water utility cannot avoid a debt refinancing, despite the horrifying expenseFinancial Times - 2h -
Germany’s ‘whatever-it-takes’ spending push to end years of stagnation
Europe’s largest economy could return to pre-pandemic growth trendFinancial Times - 2h -
How much does Brookfield really make?
One of the world’s most complex financial conglomerates is attracting scrutiny for circular flows of cash involving its global property portfolioFinancial Times - 2h -
Microsoft walks away from some CoreWeave commitments ahead of $35bn IPO
AI data centre provider hit by blow from biggest customer ahead of the biggest tech listing this yearFinancial Times - 2h