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Salesforce slump deepens as stock drops 7% on disappointing guidance

Salesforce CEO Marc Benioff attends the 55th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 23, 2025. Halil Sagirkaya | Anadolu | Getty Images A bad year just got worse for Salesforce. Following a disappointing revenue forecast in its quarterly earnings report late Wednesday, Salesforce’s stock slumped 8%, bringing its decline […]

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Gap will add beauty products to Old Navy stores later this year

Business News

A sign hangs in a GAP Outlet store window on May 29, 2025 in Chicago, Illinois. Scott Olson | Getty Images Gap on Thursday announced it’s expanding into beauty starting with its Old Navy brand, a strategic shift by the apparel company. Its initial test will feature beauty and personal care products at 150 Old

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Figma’s stock slumps 18% after first earnings report to lowest since IPO

Technology News

Figma shares plummeted nearly 20% on Thursday, falling to the lowest price since the design software vendor’s IPO in July after the company reported earnings for the first time as a public company. Results for the second quarter were largely inline with expectations, as Figma had issued preliminary results a little over a month ago.

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Spirit Airlines axes flights in 12 cities as it fights for survival while United, other airlines circle

Business News

A Spirit Airlines jet takes off above two United Airlines airplanes at Newark Liberty Airport on March 23, 2018 in Newark, New Jersey. Gary Hershorn | Getty Images Spirit Airlines is ending service in a host of U.S. cities this fall as it fights for survival. Its rivals, meanwhile, are circling its customers, and one

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Atlassian agrees to acquire The Browser Company for 0 million

Atlassian agrees to acquire The Browser Company for $610 million

Finance News

Mike Cannon-Brookes, co-founder and CEO of Atlassian, speaks at the National Electrical Vehicle Summit in Canberra, Australia, on Aug. 19, 2022. Cannon-Brookes is urging Australia to show more ambition on climate action, even as the new government legislates plans to strengthen the country’s carbon emissions cuts. Hilary Wardhaugh | Bloomberg | Getty Images Atlassian said

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Billionaire family offices bet on drones, nuclear energy in August

Business News

Key Points Billionaire family offices inked high-profile investments in an otherwise slow month for deal-making, according to Fintrx. Four billionaires’ private investment firms joined an $863 million fundraise for a nuclear fusion startup. Peter Thiel, a longtime investor in defense tech, backed a German drone maker as other high-net-worth investors flock to the sector. A

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Trump to host tech CEOs over dinner for inaugural event in renovated Rose Garden

Finance News

U.S. President Donald Trump and first lady Melania Trump walk to the Rose Garden of the White House to hold a signing ceremony for the Take it Down Act, in Washington, D.C., U.S., May 19, 2025. Kevin Lamarque | Reuters U.S. President Trump will host two dozen high-profile tech and business leaders for an inaugural

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Salesforce issues weak revenue guidance even as earnings beat estimates

Technology News

Marc Benioff, co-founder and CEO of Salesforce, sits for an interview in San Francisco on April 25, 2025. David Paul Morris | Bloomberg | Getty Images Salesforce issued disappointing guidance on Wednesday, even as earnings and revenue topped estimates for the fiscal second quarter. The stock dropped 4% in extended trading. Here’s how the company

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Figma’s stock plunges after company’s first earnings report since IPO

Finance News

Dylan Field, co-founder and CEO of Figma, center, appears on the floor of the New York Stock Exchange in New York on July 31, 2025. Figma Inc. shares surged as much as 229% after the design software maker and some of its shareholders raised $1.2 billion in an IPO, with the trading valuing the company

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American Eagle says Sydney Sweeney campaign is its ‘best’ to date as it beats earnings expectations

Business News

American Eagle said Wednesday its partnership with Sydney Sweeney has been its “best” advertising campaign to date as it announced fiscal second-quarter earnings that beat expectations. The company’s splashy, yet controversial, campaign with the “Euphoria” star led to some criticism and blowback but the launch, coupled with a recent partnership with Taylor Swift’s new fiancé

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Gap will add beauty products to Old Navy stores later this year

Spirit Airlines axes flights in 12 cities as it fights for survival while United, other airlines circle

Atlassian agrees to acquire The Browser Company for $610 million

Billionaire family offices bet on drones, nuclear energy in August

Trump to host tech CEOs over dinner for inaugural event in renovated Rose Garden

Salesforce issues weak revenue guidance even as earnings beat estimates

Figma’s stock plunges after company’s first earnings report since IPO

American Eagle says Sydney Sweeney campaign is its ‘best’ to date as it beats earnings expectations

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