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Apple silences its critics with strong iPhone demand and blowout services revenue

Apple silences its critics with strong iPhone demand and blowout services revenue

Talk about a monster quarter. Apple delivered a great September quarter Thursday evening, even as iPhone supply was constrained by strong demand. The stock really got going after the company’s strong forecast for the holiday quarter. Revenue in Apple’s fiscal 2025 fourth quarter, which ended Sept. 27, rose 8% year over year to $102.47 billion,

Apple silences its critics with strong iPhone demand and blowout services revenue Read More »

SpaceX and Blue Origin both submitted plans to get astronauts back to the moon faster, NASA says

SpaceX and Blue Origin both submitted plans to get astronauts back to the moon faster, NASA says

SpaceX’s Starship rocket 38 launches during the 11th test flight on October 13, 2025 as seen from South Padre Island in Texas. Gabriel V. Cardenas | Afp | Getty Images SpaceX said it has pitched NASA a “simplified mission” to put astronauts back on the moon following criticisms over delays by Sean Duffy, the space

SpaceX and Blue Origin both submitted plans to get astronauts back to the moon faster, NASA says Read More »

Apple isn’t playing the same AI capex game as the rest of the megacaps

Apple isn’t playing the same AI capex game as the rest of the megacaps

While many of the largest tech companies race to build massive data centers for their artificial intelligence ambitions, Apple is taking a more modest approach. Instead of simply buying as many AI chips as possible, Apple buys computing capacity from outside partners, finance chief Kevan Parekh explained Thursday on the company’s fourth quarter earnings call.

Apple isn’t playing the same AI capex game as the rest of the megacaps Read More »

Coinbase earnings top estimates, helped by robust trading volume

Coinbase earnings top estimates, helped by robust trading volume

Thomas Fuller | SOPA Images | Lightrocket | Getty Images Coinbase shares ticked up nearly 3% Thursday as the digital assets company posted better-than-expected financial results, largely fueled by a resurgence in retail and institutional crypto trading on its platform, even as tokens are now just one of several assets at the center of its “everything

Coinbase earnings top estimates, helped by robust trading volume Read More »

Palantir communications chief calls the company’s political shift ‘concerning’

Palantir communications chief calls the company’s political shift ‘concerning’

CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit on the campus of Carnegie Mellon University in Pittsburgh, Pennsylvania on July 15, 2025. Andrew Caballero-reynolds | Afp | Getty Images Palantir‘s head of global communications said Wednesday that the company’s political shift toward the Trump administration is “concerning.” “I think it’s

Palantir communications chief calls the company’s political shift ‘concerning’ Read More »

SF Mayor Lurie says city ‘on the rise’ after Trump reverses course on troop deployment

SF Mayor Lurie says city ‘on the rise’ after Trump reverses course on troop deployment

San Francisco Mayor Daniel Lurie speaks during a press conference at San Francisco City Hall on Oct. 23, 2025 in San Francisco, California. Justin Sullivan | Getty Images San Francisco Mayor Daniel Lurie, who was recently thrust into a national debate about the safety of big cities, told CNBC on Thursday that he feels “pressure

SF Mayor Lurie says city ‘on the rise’ after Trump reverses course on troop deployment Read More »

Honeywell’s spin-off starts trading — plus, Goldman CEO’s outlook on the economy

Honeywell’s spin-off starts trading — plus, Goldman CEO’s outlook on the economy

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The S & P 500 and Nasdaq were dragged down Thursday on post-earnings slumps from Club holdings Meta Platforms and Microsoft. While both reported better-than-expected

Honeywell’s spin-off starts trading — plus, Goldman CEO’s outlook on the economy Read More »

Corporate travel and expense software firm Navan shares fall by as much as 12% in first trade after  billion Nasdaq IPO

Corporate travel and expense software firm Navan shares fall by as much as 12% in first trade after $6 billion Nasdaq IPO

Corporate travel and expense management platform Navan fell by as much as 12% in its first trading day on the Nasdaq under the ticker symbol “NAVN” after its successful initial public offering. The Navan IPO, which priced on Wednesday night, valued the business-to-business software vendor at $6.2 billion, raising $923 million and with shares settling

Corporate travel and expense software firm Navan shares fall by as much as 12% in first trade after $6 billion Nasdaq IPO Read More »

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