Business Archives | Page 6 Of 162

Billionaires are spending big to stop Zohran Mamdani’s NYC mayoral bid

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 inbox. Super PACs supporting Andrew Cuomo and opposing Zohran Mamdani in the New York City mayoral race have raised over $40 million, with millions […]

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Apple reports fourth quarter earnings after the bell

Technology News

FILE PHOTO: Formula One F1 – United States Grand Prix – Circuit of the Americas, Austin, Texas, U.S. – October 23, 2022 Tim Cook waves the chequered flag to the race winner Red Bull’s Max Verstappen. Mike Segar | Reuters Apple reports fiscal fourth quarter earnings on Thursday after the bell. The fourth quarter, which

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Chipotle stock craters as Wall Street grows ‘concerned’ after company cuts forecast

Business News

A Chipotle logo is displayed on a sign at a shop on June 1, 2025 in Washington, DC. Kevin Carter | Getty Images Shares of Chipotle Mexican Grill tumbled as much as 19% in morning trading on Thursday after the company cut its full-year same-store sales forecast for the third straight quarter. Including Thursday’s move,

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Restaurant Brands earnings top estimates, fueled by Tim Hortons and international growth

Business News

A general view of a Tim Hortons Drive-Thru coffeehouse and restaurant at Lakeside Retail Park on February 5, 2024 in Grays, United Kingdom. John Keeble | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, fueled by growth of its international restaurants and Tim Hortons. Combined, the two divisions account

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Eli Lilly blows past estimates, hikes guidance as Zepbound and Mounjaro sales soar

Business News

David Ricks, chief executive officer of Eli Lilly & Co., during a news conference at Generation Park in Houston, Texas, US, on Tuesday, Sept. 23, 2025. Mark Felix | Bloomberg | Getty Images Eli Lilly on Thursday reported third-quarter earnings and revenue that topped estimates and hiked its full-year outlook, as the company continued to

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Big Tech earnings, Fed cuts rates, Trump-Xi meeting and more in Morning Squawk

Technology News

Stocks on display at the Nasdaq on Sept. 10, 2025. Danielle DeVries | CNBC 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. Magnificent or not? Magnificent Seven members Alphabet, Microsoft and Meta Platforms all beat

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Comcast beats earnings estimates despite more broadband subscriber losses

Business News

Comcast topped Wall Street earnings and revenue estimates for the third quarter on Thursday, despite once again reporting a loss in broadband customers. The company said it lost 104,000 domestic broadband customers during the period, bringing its total subscriber base to roughly 31.4 million. This marked the fourth quarter in a row that Comcast failed

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This doctor raised 0 million from Michael Dell, Jim Breyer and others to try to fix health care

This doctor raised $130 million from Michael Dell, Jim Breyer and others to try to fix health care

Business News

Dr. Clay Johnston, co-founder and chief medical officer of Harbor Health. Courtesy of Harbor Health 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 inbox. When tech founder Michael Dell and his wife

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Merck tops estimates on Keytruda strength and narrows profit outlook, as it lowers estimated tariff hit

Business News

Merck on Thursday reported third-quarter earnings and revenue that topped estimates as it saw strong demand for its cancer immunotherapy Keytruda. The drugmaker also narrowed its full-year profit outlook to reflect lower estimated tariff costs, among other factors. Sales of Keytruda topped $8 billion for the first time in a quarter, rising 10% from the

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ServiceNow CEO denies AI companies are threatening enterprise software: ‘They don’t do what we do’

Finance News

ServiceNow CEO Bill McDermott pushed back against the idea that artificial intelligence technology will make enterprise software redundant in a Wednesday interview with CNBC’s Jim Cramer. “We realize the world needs access to the great hyperscalers, and so we integrated with all three of them. So that’s a cooperative,” McDermott said. “The world’s going to

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