Swiss pharma giant Novartis posts better-than-expected fourth-quarter sales

• 

  GDP grew at a 2.3% pace in the fourth quarter, less than expected

  U.S. economic growth slowed a bit more than expected in the final three months of 2024, the Commerce Department reported Thursday.
  
  NBC News - 19h

• Shares of fashion giant H&M drop as fourth-quarter sales miss estimates

  Shares of H&M dropped on Thursday after the world's second-largest retailer missed sales forecasts in the fourth quarter.
  
  CNBC - 20h

• GDP grew at a 2.3% pace in the fourth quarter, less than expected

  GDP was expected to grow at a seasonally adjusted 2.5% annualized pace in the fourth quarter of 2025.
  
  CNBC - 20h

• Meta’s Reality Labs posts $5 billion loss in fourth quarter

  Meta's Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth quarter.
  
  CNBC - 1d

• World's largest luxury group LVMH posts better than feared full-year sales

  The world's largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential turnaround in the high-end sector.
  
  CNBC - 2d

• Burberry shares jump 13% after better-than-expected quarterly sales

  Burberry on Friday reported a shallower-than-expected dip in sales in the fiscal third quarter, in the first glimpse of fresh efforts to revamp the beleaguered British fashion house.
  
  CNBC - Jan. 24
• 

  Netflix raises prices as it posts record subscriber growth in fourth-quarter earnings

  Streaming service’s bet on live events helped reel in 19 million more subscribers in holiday-season quarter. Netflix added nearly 19 million subscribers during the holiday season quarter to help ...
  
  The Guardian - Jan. 21

• Foxconn Posts Record Fourth-Quarter Revenue on AI Demand

  The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.
  
  The Wall Street Journal - Jan. 5

More from CNBC

• Implemented or not, Trump's 25% tariff threat is challenging the auto industry

  On a sales basis, German automaker Volkswagen is the most exposed to tariff risk, followed by Nissan Motor and Stellantis, S&P Mobility reports.
  
  CNBC - 50m

• FDA approves Vertex’s non-opioid painkiller, first new kind of pain medicine in decades

  The Vertex drug is a milestone after a long history of unsuccessful efforts to develop painkillers without the addictive potential of opioids.
  
  CNBC - 1h

• WM CEO says new acquisition is a 'natural hedge' for the company

  In an interview with CNBC's Jim Cramer, WM CEO Jim Fish described how the waste management company's recent acquisition helps reduce volatility.
  
  CNBC - 12h

• Apple's gross margin hits record as services business keeps growing

  As services become a bigger part of Apple's business, the company continues to deliver higher profit margins for investors.
  
  CNBC - 14h

• RFK Jr. stumbles over basics of Medicare, Medicaid during Senate confirmation hearings

  Kennedy struggled to identify and explain the fundamental aspects of Medicare, which provides coverage to older and disabled Americans.
  
  CNBC - 17h

More in Business

• Why Microsoft’s investment in AI should start to pay off in 2025

  Hardware development and software support make the tech giant a formidable contender.
  
  MarketWatch - 5m

• Why Microsoft’s investment in AI should start to pay off in 2025

  Hardware development and software support make the tech giant a formidable contender.
  
  MarketWatch - 5m

• Tech giants to turn into ‘Lagnificent 7’ as U.S. exceptionalism peaks, say Bank of America strategists

  The ”Magnificent Seven” grouping of tech stocks that have powered markets is set to start lagging the market, a team of strategists says.
  
  MarketWatch - 16m

• Chevron logs its first refining loss in four years, sending stock lower

  Chevron touted “record production” as well as stock buybacks and announced an increase in its quarterly dividend.
  
  MarketWatch - 37m
• 

  Ex-Goldman analyst ordered to pay £587,000 for insider dealing

  London court gives Mohammed Zina three months to pay the amount that is available from current assets
  
  Financial Times - 43m