Comcast (CMCSA) earnings Q2 2025
Comcast beat Wall Street estimates on Thursday for second-quarter earnings and revenue. Yet the company saw a loss of broadband customers even as it shifted its market strategy for the segment. Comcast and its cable peers have been suffering from a slowdown in broadband growth, which has impacted company stocks. Still, Comcast stock was up […]
Best Buy, Ikea test new kitchen concept in U.S. stores
The logo of Best Buy and Ikea on shopping carts. Getty Images Best Buy said Thursday it will test mini-showrooms in some of its stores featuring Ikea products to show off kitchen design elements from the home retailer beside home appliances from the electronics store. Beginning this fall, the program will debut in 10 Best […]
Trump hits dozens more countries with higher tariffs that start Aug. 7
President Donald Trump late Thursday stuck to his Friday deadline for hitting Canada with higher tariffs, but he gave a one-week delay to other trading partners that had received letters from him, while also announcing steeper levies for dozens of other countries.
How wealthy yacht buyers plan to avoid the European tariffs
Superyachts in Port Hercules, Monaco. John Lamb | The Image Bank | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. American boat buyers and European shipyards are scrambling to […]
Reddit’s stock is soaring after earnings. This is why.
The social-media platform’s second-quarter revenue and earnings blow past Wall Street’s expectations
Trump asks drugmakers to cut U.S. prices within 60 days
U.S. President Donald Trump, U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr., Dr. Mehmet Oz, Administrator for the Centers for Medicare & Medicaid Services, David Sacks, AI & Crypto Czar and Amy Gleason, Acting Administrator, Department of Government Efficiency (DOGE) attend the “Making Health Technology Great Again” event in the East Room […]
Tesla starts ride-hailing service in the Bay Area. It’s not a robotaxi yet.
Tesla Inc. is offering ride-hailing services in the San Francisco Bay Area, the birthplace of ride-sharing and where the EV maker has plenty of competition from services with drivers at the wheel as well as from self-driving cars.
JPMorgan marks 1,000th branch opening since 2018 expansion plans
A new JPMorgan Chase branch in Charlotte, North Carolina. Courtesy: JPMorgan Chase JPMorgan Chase has built 1,000 new branches in seven years. That’s more locations than most of its competitors operate in total. The bank is marking the milestone opening in Charlotte, North Carolina, on Thursday where Chairman and CEO Jamie Dimon is attending a […]
CVS Health (CVS) earnings report Q2 2025
CVS Health on Thursday reported second-quarter earnings and revenue that topped estimates and raised its adjusted profit outlook, as it sees strength in its retail pharmacy business and some improvement in its insurance unit. Shares of the retail drugstore chain jumped more than 6% in morning trading Thursday. The company now expects fiscal 2025 adjusted […]
The meme-stock party is already fizzling out. What that means for the rest of the market.
The meme-stock craze may have ended before it could flourish, caught up in a summer market and big tech earnings, says Vanda Research.
