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Amazon’s stock soars 12% on third-quarter beat and increased spending guidance

Amazon’s stock soars 12% on third-quarter beat and increased spending guidance

Finance News

Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025.  Brendan Mcdermid | Reuters Amazon shares soared 12% on Friday after the company reported an across-the-board beat for the third quarter and boosted its forecast for spending due to demand for artificial intelligence services. Cloud was a […]

Amazon’s stock soars 12% on third-quarter beat and increased spending guidance Read More »

Just 5% of CRE companies have achieved their AI goals. Here’s why

Just 5% of CRE companies have achieved their AI goals. Here’s why

Business News

Diminishing perspective of downtown London skyscrapers Chunyip Wong | Istock | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large

Just 5% of CRE companies have achieved their AI goals. Here’s why Read More »

Chocolate’s reign over Halloween is under threat from inflation, tariffs and high cocoa prices

Chocolate’s reign over Halloween is under threat from inflation, tariffs and high cocoa prices

Business News

A customer shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas.  Brandon Bell | Getty Images The scariest thing haunting Halloween this year isn’t a ghost, goblin or ghoul — it’s the price of chocolate. From Snickers to Reese’s to Twix, one of America’s favorite indulgences is getting more

Chocolate’s reign over Halloween is under threat from inflation, tariffs and high cocoa prices 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

Finance News

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 »

A ‘war room’ mentality: How auto giants are battling the Nexperia chip crunch

A ‘war room’ mentality: How auto giants are battling the Nexperia chip crunch

Business News

A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker’s assembly plant in Marysville, Ohio.  Michael Wayland / CNBC Global automakers are once again bracing for production disruptions due to a potential shortage of automotive semiconductor chips, this time sparked by the Dutch government amid geopolitical tensions between the U.S.

A ‘war room’ mentality: How auto giants are battling the Nexperia chip crunch Read More »

Chipotle stock craters as Wall Street grows ‘concerned’ after company cuts forecast

Chipotle stock craters as Wall Street grows ‘concerned’ after company cuts forecast

Business News

A Chipotle logo is displayed on a sign at a shop on June 1, 2025 in Washington, DC. Kevin Carter | Getty Images Shares of Chipotle Mexican Grill tumbled as much as 19% in morning trading on Thursday after the company cut its full-year same-store sales forecast for the third straight quarter. Including Thursday’s move,

Chipotle stock craters as Wall Street grows ‘concerned’ after company cuts forecast Read More »

Restaurant Brands earnings top estimates, fueled by Tim Hortons and international growth

Restaurant Brands earnings top estimates, fueled by Tim Hortons and international growth

Business News

A general view of a Tim Hortons Drive-Thru coffeehouse and restaurant at Lakeside Retail Park on February 5, 2024 in Grays, United Kingdom. John Keeble | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, fueled by growth of its international restaurants and Tim Hortons. Combined, the two divisions account

Restaurant Brands earnings top estimates, fueled by Tim Hortons and international growth Read More »

Eli Lilly blows past estimates, hikes guidance as Zepbound and Mounjaro sales soar

Eli Lilly blows past estimates, hikes guidance as Zepbound and Mounjaro sales soar

Business News

David Ricks, chief executive officer of Eli Lilly & Co., during a news conference at Generation Park in Houston, Texas, US, on Tuesday, Sept. 23, 2025. Mark Felix | Bloomberg | Getty Images Eli Lilly on Thursday reported third-quarter earnings and revenue that topped estimates and hiked its full-year outlook, as the company continued to

Eli Lilly blows past estimates, hikes guidance as Zepbound and Mounjaro sales soar Read More »

Comcast beats earnings estimates despite more broadband subscriber losses

Comcast beats earnings estimates despite more broadband subscriber losses

Business News

Comcast topped Wall Street earnings and revenue estimates for the third quarter on Thursday, despite once again reporting a loss in broadband customers.  The company said it lost 104,000 domestic broadband customers during the period, bringing its total subscriber base to roughly 31.4 million. This marked the fourth quarter in a row that Comcast failed

Comcast beats earnings estimates despite more broadband subscriber losses Read More »

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