Shares of RH fell slightly Friday after the luxury furniture retailer significantly missed revenue expectations in its fiscal second-quarter earnings report and slashed its full-year revenue outlook. The chain said Thursday that it will take another $30 million hit to its forecast because of tariffs, even though the retailer stood by its full-year projection three […]
RH reports worse-than-expected tariff hit, earnings miss Read More »
Traders work at the New York Stock Exchange on Aug. 29, 2025. NYSE Lendbuzz, an auto finance fintech company, is planning to file an IPO prospectus as soon as Friday, according to people familiar with the matter. The Boston-based company is targeting a valuation of around $1.5 billion, according to one of the people, who
Fintech firm Lendbuzz to file for IPO Read More »
Apple AirPods Pro 3 models are displayed during Apple’s “Awe-Dropping” event at the Steve Jobs Theater on the Apple Park campus in Cupertino, California, on Sept. 9, 2025. Nic Coury | AFP | Getty Images For decades, shows like “Star Trek” and novels like “The Hitchhikers Guide to the Galaxy” have showcased fictional universal translators,
SEATTLE, WA – SEPTEMBER 07: George Kittle #85 of the San Francisco 49ers celebrates with fans and teammates after scoring a touchdown against the Seattle Seahawks during the game at Lumen Field on September 07, 2025 in Seattle, Washington. (Photo by Robin Alam/Icon Sportswire via Getty Images) Icon Sportswire | Icon Sportswire | Getty Images
How ultra-rich families invest in sports, from major leagues to social clubs Read More »
Microsoft CEO Satya Nadella departs following a meeting of the White House Task Force on AI Education in the East Room of the White House in Washington on Sept. 4, 2025. Eric Lee | Bloomberg | Getty Images Microsoft CEO Satya Nadella told employees in a meeting on Thursday that the company has work to
Paramount+ signage in the Times Square neighborhood of New York, US, on Thursday, Dec. 21, 2023. Gabby Jones | Bloomberg | Getty Images David Ellison looks to be buying up a media empire. The CEO and chairman of the newly minted Paramount Skydance has tapped an investment bank to help prepare a takeout offer for Warner Bros.
Here’s what Paramount Skydance would be buying in a deal for Warner Bros. Discovery Read More »
An Adobe sign hangs along Main Street during the 2025 Sundance Film Festival on Jan. 27, 2025 in Park City, Utah. David Becker | Getty Images Adobe reported fiscal third-quarter results that topped analysts’ estimates. The design software maker’s shares rose in extended trading. Here’s how the company did in comparison with LSEG consensus: Earnings
Adobe’s stock gains on earnings, revenue beat Read More »
Safra A. Catz, CEO of Oracle, on Oct. 7, 2024. Marco Bello | Reuters Oracle shares closed down 6% on Thursday, a day after the stock closed at a record high, following an analyst note expressing concern that most of the company’s upcoming growth is coming from a single client: OpenAI. The software vendor has
Oracle shares retreat 6% after sharpest rally in more than 30 years Read More »
Signage at the Warner Bros. Discovery headquarters in New York, US, on Thursday, June 12, 2025. Victor J. Blue | Bloomberg | Getty Images Warner Bros. Discovery shares soared more than 25% Thursday afternoon on a report from the The Wall Street Journal that the recently merged Paramount Skydance was preparing a takeover bid. Shares
Some of America’s top financial services executives are starting to issue warnings about the economy. Saying they’re seeing signs of “softening” or “weakening,” a slew of CEOs have been weighing in ahead of next week’s Federal Reserve decision and with the U.S. Bureau of Labor Statistics revising job numbers lower this week. In a Wednesday
Financial CEOs are weighing in on the state of the economy Read More »
