Business

Ryan Ratliff (C), Real Estate Sales Associate with Re/Max Advance Realty, shows Ryan Paredes (L) and Ariadna Paredes a home for sale on April 20, 2023 in Cutler Bay, Florida.  Joe Raedle | Getty Images Mortgage rates jumped Monday, following a rise in bond yields driven by investors’ concerns that high interest rates and inflation

In this article ADYEN-NL Follow your favorite stocksCREATE FREE ACCOUNT Adyen reported a big miss on first-half sales Thursday. The news drove a $20 billion rout in the company’s market capitalization . Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Spirits were high when Dutch payments firm Adyen floated on the Amsterdam Stock

In this article OUST LAZR INVZ OUST LAZR INVZ Follow your favorite stocksCREATE FREE ACCOUNT A lidar sensor from Hesai company on top of a vehicle in Shenzhen, China on Jul. 10 2022. Jade Gao | AFP | Getty Images For investors in lidar startups, this has been a long time coming. After years of

A technician checks on a stack of wafers at the Applied Materials facility in Santa Clara, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after hours. Applied Materials — Applied Materials rose nearly 2% in extended trading after beating analysts’ expectations on the top and bottom lines in

In this article GM F STLAM-IT Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit, Sept. 25, 2019. Michael Wayland / CNBC DETROIT – The Oracle of Omaha is cutting exposure to the U.S. automotive industry amid union negotiations — potentially for good

Tencent sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023.  Aly Song | Reuters BEIJING — Corporate earnings releases are picking up on a few bright spots for China’s consumer in a competitive market where people are less willing to open their wallets. JD.com, Tencent and Alibaba this

Getty Images No-frills discounter Aldi is the latest grocer to shake up the industry with big moves. The German retailer announced this week that it plans to acquire about 400 Winn-Dixie and Harveys Supermarket locations across the Southern U.S. As part of the deal, it would take over operations of the stores, which are in

In this article NIO AMAT EL Follow your favorite stocksCREATE FREE ACCOUNT American multinational skincare and beauty products brand Estée Lauder’s logo seen in Hong Kong. Budrul Chukrut | Lightrocket | Getty Images Check out the companies making headlines before the bell Friday. Palo Alto Networks — Shares of the cybersecurity company edged 1.8% lower

In this article CMG MCD WEN PZZA Follow your favorite stocksCREATE FREE ACCOUNT A McDonald’s restaurant near Times Square, NYC on July 29th, 2023.  Adam Jeffery | CNBC Restaurant companies navigating some of the same challenges in the second quarter fell into two categories: winners and losers. Some chains said their higher menu prices alienated

In this article KEYS EL XPEV 9868-HK NVDA ROST BLBD STRA Follow your favorite stocksCREATE FREE ACCOUNT XPeng delivered over 60,000 of its flagship P7 electric sedans in 2021. XPeng, Inc. Check out the companies making headlines in midday trading. Strategic Education — The education stock advanced 3% following an upgrade to buy from neutral

In this article WMT TGT Follow your favorite stocksCREATE FREE ACCOUNT (L) A customer pushes a shopping cart full of groceries outside a Wal-Mart n Rogers, Arkansas, and (R) A pedestrian passes a Target store in the Tenleytown neighborhood of Washington, DC. Getty Images Target and Walmart are both catering to thriftier shoppers, but the

Aerial photo shows a rural residential area in Chengdong town of Hai ‘an City, East China’s Jiangsu Province, April 1, 2023. Future Publishing | Future Publishing | Getty Images China’s real estate troubles are accelerating. Prospective home buyers are holding back on making purchases, leading to weak sales that compound the urgent need for policymakers

In this article MAT WBD Follow your favorite stocksCREATE FREE ACCOUNT A scene from the “Barbie” movie. Courtesy: Warner Bros. This Barbie is a box office queen. He’s just Batman. On Tuesday “Barbie” topped $537 million, making it the highest-grossing domestic movie in Warner Bros. Discovery‘s 100-year history. The film surpassed Christopher Nolan’s “The Dark

In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT Signage for Target Corp.’s “#TakePride” initiative sits above products displayed for sale at a company store in Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Target CEO Brian Cornell said “negative reaction” to the retailer’s Pride merchandise hurt sales and contributed to the disappointing

In this article NOVO.B-DK Follow your favorite stocksCREATE FREE ACCOUNT A selection of injector pens for the Wegovy weight loss drug are shown in this photo illustration in Chicago, Illinois, March 31, 2023. Jim Vondruska | Reuters Novo Nordisk‘s blockbuster weight loss injection Wegovy could prevent up to 1.5 million heart attacks, strokes and other

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Source: Blue Shield of California Blue Shield of California is teaming up with Mark Cuban’s Cost Plus Drug Company and Amazon Pharmacy — turning away from traditional drug store chains and ditching in part health giant CVS — in a move to save on drug

Bed Bath & Beyond and Buy Buy Baby signage is displayed outside of store in Los Angeles. Patrick T. Fallon | Bloomberg | Getty Images Bed Bath & Beyond may never return to its brick-and-mortar heyday, but the doors at former corporate siblings Buy Buy Baby and Harmon are set to reopen, CNBC has learned. 

In this article SBGI Follow your favorite stocksCREATE FREE ACCOUNT The Ohio Cup Trophy on top of a Bally Sports logo prior to a game between the Cincinnati Reds and Cleveland Guardians at Progressive Field in Cleveland, May 17, 2022. George Kubas | Diamond Images | Getty Images The courtroom continues to heat up for