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Nike stock soars 17% after CEO soothes investors, says recovery is on the horizon

Nike stock soared 17% on Friday after the company said the worst of its struggles are behind it, following a better than feared fiscal fourth-quarter earnings report. Nike on Thursday reiterated it would take the biggest financial hit from its turnaround plan during the quarter, soothing investors who worried President Donald Trump’s tariff hikes on […]

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Quantum computing is having a moment. But the technology remains futuristic

Technology News

Microsoft’s Majorana 1 quantum computing chip Microsoft It doesn’t quite have the buzz of artificial intelligence, but quantum computing is having a moment of its own. Some of the most powerful institutions in the world, including Google, Microsoft, Amazon, IBM and the U.S. government, are spending many millions of Dollars in a race to develop

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Here’s how the luxury real estate market is splitting up

Business News

View of luxury waterfront homes and boats along the intracoastal waterway near Jupiter Inlet in Jupiter, Florida in Palm Beach County Ryan Tishken | Istock | 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

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Nike sales drop 12%, but sneaker giant says the worst of its slump is behind it

Business News

A shopper walks past a Nike store, as global markets brace for a hit to trade and growth caused by U.S. President Donald Trump’s decision to impose import tariffs on dozens of countries, in the King of Prussia Mall in King of Prussia, Pennsylvania, U.S., April 3, 2025. Rachel Wisniewski | Reuters Nike on Thursday

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The million Trump Card faces legal challenges, limited market

The $5 million Trump Card faces legal challenges, limited market

Business News

U.S. President Donald Trump holds “The Trump Card” as he speaks with journalists onboard Air Force One en route to Miami, Florida, U.S., April 3, 2025. Kent Nishimura | Reuters 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

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Apple reveals complex system of App Store fees to avoid EU fine of 500 million euro

Technology News

Omar Marques | Sopa Images | Lightrocket | Getty Images Apple Thursday made changes to its App Store European policies, saying it believes the new rules will help the company avoid a fine of 500 million euro ($585 million) from the EU for violating the Digital Markets Act. The new policies are a complicated system

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RFK Jr.’s CDC vaccine panel backs Merck RSV shot for infants

Business News

The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024. Spencer Platt | Getty Images Robert F. Kennedy Jr.’s revamped government panel of outside vaccine advisors on Thursday recommended the use of Merck‘s shot to protect infants from respiratory syncytial virus, a temporary reprieve for public health officials

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Micron reports earnings, revenue beat and issues strong forecast

Finance News

Micron CEO Sanjay Mehrotra speaks before President Joe Biden delivers remarks on the CHIPS and Science Act and his Investing in America agenda, at the Milton J. Rubenstein Museum in Syracuse, New York, April 25, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Micron reported better-than-expected earnings and revenue on Wednesday and issued a forecast

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Family offices double down on private credit and infrastructure during private equity slump, survey finds

Business News

Vithun Khamsong | Moment | 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 inbox. Investment firms of the ultra-rich are increasingly investing in alternative assets like real estate and venture

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Pixar’s ‘Elio’ is emblematic of a bigger headwind for Hollywood

Business News

A still from Disney and Pixar’s animated film “Elio.” Disney Disney’s Pixar animation studio had its worst opening ever over the weekend — and its problems aren’t unique. “Elio,” the story of a young boy who is mistakenly identified as Earth’s ambassador to the universe, tallied just $21 million in ticket sales during its first

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Nike stock soars 17% after CEO soothes investors, says recovery is on the horizon

Quantum computing is having a moment. But the technology remains futuristic

Here’s how the luxury real estate market is splitting up

Nike sales drop 12%, but sneaker giant says the worst of its slump is behind it

The $5 million Trump Card faces legal challenges, limited market

Apple reveals complex system of App Store fees to avoid EU fine of 500 million euro

RFK Jr.’s CDC vaccine panel backs Merck RSV shot for infants

Family offices double down on private credit and infrastructure during private equity slump, survey finds

Pixar’s ‘Elio’ is emblematic of a bigger headwind for Hollywood

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