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E.l.f. Beauty stock plunges 29% on weak guidance, tariff impact

E.l.f. Beauty stock plunges 29% on weak guidance, tariff impact

Business News

Hailey Bieber’s cosmetics line Rhode is expected to increase E.l.f. Beauty‘s annual sales by $200 million this fiscal year, but its new parent company’s full-year guidance still fell below expectations, leading its stock to plunge 29% Wednesday. E.l.f., which declined to release full-year guidance last quarter, is expecting full-year revenue to be between $1.55 billion […]

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Starbucks union authorizes open-ended strike as busy holiday season begins

Starbucks union authorizes open-ended strike as busy holiday season begins

Business News

Starbucks baristas gather outside a Starbucks store as they protest against the company during a rally to demand a new contract in New York City, on October 28, 2025. The Starbucks Workers United is fighting for a new contract that delivers improved staffing hours, take-home pay, and on-the-job protections for baristas. (Photo by TIMOTHY A.CLARY

Starbucks union authorizes open-ended strike as busy holiday season begins Read More »

Air traffic controllers union president says it’ll take weeks to recover from shutdown impact

Air traffic controllers union president says it’ll take weeks to recover from shutdown impact

Business News

The head of the air traffic controllers’ union said Wednesday that it could take the industry “weeks to recover” from the impacts of the government shutdown. Nick Daniels, president of the National Air Traffic Controllers Association, said on CNBC’s “Squawk Box” that the holiday season will be especially affected by the shortage of air traffic

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McDonald’s sales rise, but CEO expects low-income diners to spend less into next year

McDonald’s sales rise, but CEO expects low-income diners to spend less into next year

Business News

McDonald’s on Wednesday fell short of Wall Street’s earnings expectations, but the company’s U.S. restaurants reported better-than-expected same-store sales growth. CEO Chris Kempczinski said in a statement that the results are “a testament to our ability to deliver sustainable growth even in a challenging environment.” For more than a year, McDonald’s, long considered a bellwether

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Election results, McDonald’s earnings, AI valuation fears and more in Morning Squawk

Election results, McDonald’s earnings, AI valuation fears and more in Morning Squawk

Technology News

A trader works at the New York Stock Exchange on Nov. 3, 2025. NYSE This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Shock value Stocks sold off yesterday amid investor concerns about the valuations of

Election results, McDonald’s earnings, AI valuation fears and more in Morning Squawk Read More »

AMD reports better-than-expected results but margin guidance only meets estimates

AMD reports better-than-expected results but margin guidance only meets estimates

Finance News

AMD CEO Lisa Su speaks at a Senate Commerce, Science, and Transportation Committee hearing in Washington on May 8, 2025. The leaders of some of the biggest technology and artificial intelligence companies will go to Congress on Thursday with a wish list of sorts that at its top has doing away with regulation they say

AMD reports better-than-expected results but margin guidance only meets estimates Read More »

Wall Street is too fixated on the high valuations of tech and speculative stocks, Cramer says

Wall Street is too fixated on the high valuations of tech and speculative stocks, Cramer says

Technology News

CNBC’s Jim Cramer suggested Wall Street is too fixated the on large valuations of certain tech and speculative stocks, chalking up Tuesday’s market-wide decline in part to Palantir‘s nearly 8% loss despite strong earnings results. “The larger issue is that we’re at the moment where money managers, when asked if the market’s too expensive, immediately

Wall Street is too fixated on the high valuations of tech and speculative stocks, Cramer says Read More »

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