Business Archives | Page 5 Of 184

Broadcom earnings, Lululemon CEO steps down, ‘fibermaxxing’ and more in Morning Squawk

FILE PHOTO: A Broadcom logo and a computer motherboard appear in this illustration taken August 25, 2025. Dado Ruvic | Reuters 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. Chip types The S&P 500 and […]

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‘The next protein’: Fiber is shaping up to be the latest grocery obsession

Business News

Cases of Pepsi soda are displayed at a Costco Wholesale store on Nov. 13, 2025 in Simi Valley, California. Kevin Carter | Getty Images One of this year’s top food trends is facing some tough competition. Protein captivated consumers and food companies in 2025, but fiber is increasingly stealing the scene as people place an

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AI shopping could drive 3 billion in holiday sales. Walmart and Target are racing to get in

AI shopping could drive $263 billion in holiday sales. Walmart and Target are racing to get in

Business News

Holiday shopping has always felt like a “chore” for Amrita Bhasin. Between deciding what to buy, comparing prices and checking reviews, the 24-year-old retail tech CEO said she spent more than 15 hours each year buying gifts for her friends and family, a process that took the joy out of giving. But this year, Bhasin

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Oracle’s lease commitments jump by almost 150% as company builds out to meet AI demand

Finance News

Oracle CEO Clay Magouyrk, center, speaks on a media tour of the Stargate data center in Abilene, Texas, on Sept. 23, 2025. Stargate is a collaboration of OpenAI, Oracle and SoftBank, with promotional support from President Donald Trump, to build data centers and other infrastructure for artificial intelligence throughout the US. Kyle Grillot | Bloomberg

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Broadcom reveals its mystery billion customer is Anthropic

Broadcom reveals its mystery $10 billion customer is Anthropic

Technology News

A Broadcom sign is pictured as the company prepares to launch new optical chip tech to fend off Nvidia in San Jose, California, U.S., September 5, 2025. Brittany Hosea-small | Reuters Broadcom revealed during a September earnings call that it had signed a customer that had placed a $10 billion order for custom chips. At

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Costco tops Wall Street’s sales and revenue expectations

Business News

Customers walk in the parking lot outside a Costco store on Dec. 2, 2025 in Chicago, Illinois. Scott Olson | Getty Images Costco said on Thursday surpassed Wall Street’s quarterly expectations as its sales rose 8.2% year over year. The warehouse club does not share a full-year outlook. The company is expected to share more

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Eli Lilly’s next-generation obesity drug delivers strong weight loss, reduces knee pain in late-stage trial

Business News

The Eli Lilly logo appears on the company’s office in San Diego, California, U.S., Nov. 21, 2025. Mike Blake | Reuters Eli Lilly on Thursday said its next-generation obesity drug delivered what appears to be the highest weight loss yet in a late-stage trial while reducing knee arthritis pain, clearing the first of several upcoming

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Rivian announces new AI tech, in-house chip and robotaxi ambitions

Finance News

Rivian debuted new tech at its first “Autonomy and AI Day” on Thursday in Palo Alto, California. Credit: Rivian Electric vehicle maker Rivian Automotive has developed a custom chip, car computer and new artificial intelligence models that will enable it to bring self-driving features to its forthcoming vehicles, the company revealed at its first “Autonomy

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Broadcom reports fourth quarter earnings after the bell

Finance News

A Broadcom sign is pictured as the company prepares to launch new optical chip tech to fend off Nvidia in San Jose, California, U.S., September 5, 2025. Brittany Hosea-small | Reuters Broadcom is scheduled to report its fourth-quarter earnings after market close on Thursday. Here’s what analysts are expecting, according to LSEG: Earnings per share:

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Walton family fortune: How America’s richest family manages their wealth

Business News

Rob Walton, left, Walmart retired chairman of the board, and Walmart board member Steuart Walton listen at the Walmart annual formal business and shareholders meeting in Rogers, Arkansas, on May 30, 2018. Walmart shareholders from around the world can attend meetings throughout the week. Rick T. Wilking | Getty Images A version of this article

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