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Gap comparable sales surge after viral ‘Milkshake’ denim ad with Katseye

Gap comparable sales surge after viral ‘Milkshake’ denim ad with Katseye

Shoppers walk past a GAP fashion retail store on Oxford Street on October 30, 2025 in London, United Kingdom. John Keeble | Getty Images News | Getty Images Apparel retailer Gap said Thursday its comparable sales rose 5% during the fiscal third quarter, driven by strong revenue at its namesake brand after its viral “Better […]

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Joby lawsuit accuses air taxi rival Archer of using stolen information to ‘one-up’ deal

Joby lawsuit accuses air taxi rival Archer of using stolen information to ‘one-up’ deal

An electric air taxi by Joby Aviation flies near the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023. Roselle Chen | Reuters Air taxi maker Joby Aviation in a new lawsuit accused competitor Archer Aviation of using stolen information by a former employee to “one-up” a partnership deal with a real

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As holidays approach, value players Walmart and T.J. Maxx are drawing the cash-strapped and the wealthy

As holidays approach, value players Walmart and T.J. Maxx are drawing the cash-strapped and the wealthy

Sign at the entrance to a Walmart in Venice, Florida(L), and a T.J. Maxx store in Pinole, California. Getty Images As more major retailers post earnings, one theme is clear — value players are winning both the wealthy and the cash-strapped. Walmart and T.J. Maxx’s parent company TJX stood apart from the pack this week

As holidays approach, value players Walmart and T.J. Maxx are drawing the cash-strapped and the wealthy Read More »

Hyundai showcases off-road ambitions with new rugged concept SUV

Hyundai showcases off-road ambitions with new rugged concept SUV

Hyundai Crater SUV concept vehicle Hyundai LOS ANGELES — Hyundai Motor has ambitions to increase the rugged, off-road capabilities of its vehicles in the U.S., based on a new “Crater” concept SUV revealed Thursday. The rugged compact vehicle mixes Hyundai design characteristics with off-road capabilities reminiscent of American SUVs such as the Jeep Wrangler, Ford

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Bath & Body Works stock plunges as retailer misses third-quarter earnings, announces turnaround plan

Bath & Body Works stock plunges as retailer misses third-quarter earnings, announces turnaround plan

Sale signs inside the Bath and Body Works store in Edmonton. On Thursday, January 6, 2022, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Bath & Body Works Inc. stock plunged Thursday after the company reported “disappointing” third-quarter earnings and slashed its full-year outlook, citing “macro consumer pressures.” Shares sank nearly 25%

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Nvidia earnings takeaways: Bubble talk, ‘half a trillion’ forecast and China orders

Nvidia earnings takeaways: Bubble talk, ‘half a trillion’ forecast and China orders

Nvidia on Wednesday reported fiscal third-quarter earnings that beat expectations, and provided a strong forecast for the current quarter. Wall Street welcomed the report, and Nvidia stock rose after the release and during the conference call. Other stocks in the so-called artificial intelligence trade also saw a boost. A closer look at Nvidia’s report shows

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Nvidia’s earnings blowout, Walmart’s outlook, Fed minutes and more in Morning Squawk

Nvidia’s earnings blowout, Walmart’s outlook, Fed minutes and more in Morning Squawk

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 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

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

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

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

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

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

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

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

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

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

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

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

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