Business Archives | Page 16 Of 185

Walmart hikes sales and earnings forecast as it attracts shoppers across incomes

A shopper pushes a cart outside a Walmart store in San Leandro, California, US, on Tuesday, Aug. 19, 2025. David Paul Morris | Bloomberg | Getty Images Walmart raised its sales and earnings outlook Thursday as the retailer posted revenue gains in its fiscal third quarter, driven by double-digit e-commerce growth and new customers across […]

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As market rallied to record highs last quarter, ultra-rich family offices bought beaten up stocks

Business News

Carolina Panthers owner David Tepper listens to a question during a press conference in 2022. Alex Slitz | Tribune News Service | 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

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Nvidia CEO Jensen Huang rejects talk of AI bubble: ‘We see something very different’

Technology News

Jensen Huang, chief executive officer of Nvidia Corp., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images In the weeks leading up to Nvidia’s third-quarter earnings report, investors debated whether the markets were in an AI bubble, fretting over

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T.J. Maxx and Marshalls owner hikes outlook as CEO says holiday season is off to a ‘strong start’

Business News

The T.J. Maxx logo is displayed at a T.J. Maxx store on August 20, 2025 in Pasadena, California. Mario Tama | Getty Images The CEO of TJX Cos. said Wednesday the holiday shopping season is off to a “strong start” as the discounter behind T.J. Maxx, Home Goods and Marshalls issued fiscal third-quarter results that

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JetBlue to add Milan, Barcelona flights next year in push for high-spending travelers

Business News

A JetBlue Airways Airbus A321 airplane departs from Los Angeles International Airport en route to New York on Oct. 17, 2025 in Los Angeles, California. Kevin Carter | Getty Images JetBlue Airways is pushing its fleet of single-aisle planes deeper into Europe next year with seasonal daily flights to Milan, Italy, and Barcelona, Spain, from

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Nvidia reports third-quarter earnings after the bell

Technology News

Nvidia founder and CEO Jensen Huang reacts during a press conference at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju on October 31, 2025. Jung Yeon-je | Afp | Getty Images Artificial intelligence chipmaker Nvidia is scheduled to report fiscal third-quarter earnings on Wednesday after the market closes. Here’s what Wall Street is expecting,

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Klimt painting sells for record 6 million, reviving hopes for the art market

Klimt painting sells for record $236 million, reviving hopes for the art market

Business News

People talk near the Leonard A. Lauder Collection (Portrait of Elisabeth Lederer) during a preview of the auction house Sotheby’s new headquarters in Manhattan, New York City, U.S., November 7, 2025. Eduarod Munoz | Reuters Gustav Klimt’s “Portrait of Elisabeth Lederer” sold at Sotheby’s Tuesday night for $236.4 million, making it the second-most expensive painting

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Nvidia earnings, Target’s profit outlook, Meta’s antitrust victory and more in Morning Squawk

Finance News

The Nvidia logo is displayed on a building at Nvidia headquarters on August 27, 2025 in Santa Clara, California. Justin Sullivan | Getty Images News | Getty Images 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:

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Target cuts profit outlook as shoppers look for deals, make fewer store trips

Business News

The Target bullseye logo is seen on the outside of its store at the Lycoming Crossing Shopping Center. Paul Weaver | Lightrocket | Getty Images Target posted a drop in quarterly sales and lowered its full-year profit guidance on Wednesday as the big-box retailer saw choppy spending and shoppers hunting for value. Despite its ongoing

Target cuts profit outlook as shoppers look for deals, make fewer store trips Read More »

Lowe’s beats on quarterly sales, but lowers full-year profit forecast amid economic uncertainty

Business News

In an aerial view, a customer enters a Lowe’s store on May 21, 2025 in Cotati, California. Justin Sullivan | Getty Images Lowe’s on Wednesday posted a year over year sales increase for the quarter, but the company lowered its full-year profit outlook slightly to reflect a tougher economic backdrop. The home improvement retailer now

Lowe’s beats on quarterly sales, but lowers full-year profit forecast amid economic uncertainty Read More »

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