Bill Ready, CEO of Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, on May 5, 2025. Patrick T. Fallon | AFP | Getty Images Pinterest shares were down more than 10% on Thursday after the company reported second-quarter earnings thatRead More →
Pharma stocks falter Stock Chart IconStock chart icon European pharma stocks We’re around three hours into Wednesday’s session, and pharmaceutical stocks are extending their losses. The Stoxx Europe Pharmaceuticals and Biotechnology index was last seen trading 1.8% lower, a day after U.S. President Donald Trump threatened to impose tariffs ofRead More →
Boxes of Ozempic and Wegovy made by Novo Nordisk at a pharmacy in London on March 8, 2024. Hollie Adams | Reuters Novo Nordisk on Wednesday posted second-quarter sales broadly in line with expectations, after last week cutting its full-year guidance and announcing its new CEO. Overall revenues rose 13%Read More →
Lisa Su, CEO of Advanced Micro Devices, and Sam Altman, CEO of OpenAI, testifiy during the Senate Commerce, Science and Transportation Committee hearing titled “Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation,” in Hart building on Thursday, May 8, 2025. Tom Williams | CQ-Roll Call, Inc. |Read More →
Asia-Pacific markets are expected to open lower, tracking losses on Wall Street as investors weighed weaker-than-expected economic data as well as fresh tariff comments from U.S. President Donald Trump. “We’re going to be announcing [tariffs] on semiconductors and chips, which is a separate category, because we want them made inRead More →
Charles Liang, CEO of Super Micro, speaks at the Computex conference in Taipei, Taiwan, on June 1, 2023. Walid Berrazeg | Sopa Images | Lightrocket | Getty Images Super Micro Computer shares slid 15% in extended trading on Tuesday after the server maker reported disappointing fiscal fourth-quarter results and issuedRead More →
Why investors have welcomed Diageo’s results Diageo shares have pared gains, last trading around 3% higher as investors digest the drinks maker’s earnings report. CNBC’s Karen Tso dives into the details. Infineon up 5% as CFO says tariff impact less severe than thought Shares of Infineon are up 5% afterRead More →
Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World Petroleum Congress at the Big 4 Building at Stampede Park, on September 18, 2023, in Calgary, Canada. Artur Widak | Nurphoto | Getty Images Saudi AramcoRead More →
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025. CNBC Berkshire Hathaway on Saturday reported a small decline in second-quarter operating earnings as Warren Buffett’s conglomerate warns of negative impacts from steep U.S. tariffs. Berkshire’s operating profit — those from the company’sRead More →
Amazon shares slid more than 7% in extended trading on Thursday after the company reported second-quarter results that exceeded expectations, but it gave light operating income guidance for the current period. The stock moved lower during a conference call with investors, as CEO Andy Jassy was asked about growing cloudRead More →
