Posts by CNBC (old posts, page 36)
All this came despite restrictions on what AI chips Nvidia can sell to China.
Credit default swaps are back in fashion — even if the panic might be overblown
The cost of insuring exposure to U.S. government debt has been rising steadily this year, hovering near its highest level in two years.
HP sinks 15% as company misses on earnings, guidance due to 'added cost' from tariffs
HP beat on revenue but came up short on earnings and guidance, partly due to President Donald Trump's tariffs.
Abercrombie & Fitch soars more than 14% even as retailer slashes profit outlook due to tariffs
Abercrombie & Fitch's growth is slowing at its namesake brand and the company is expecting tariffs to reduce its earnings by $50 million.
Abercrombie & Fitch soars more than 14% even as retailer slashes profit outlook due to tariffs
Abercrombie & Fitch's growth is slowing at its namesake brand and the company is expecting tariffs to reduce its earnings by $50 million.
Musk says Trump's big bill undermines DOGE; president counters with political reality
Musk criticized President Donald Trump's signature spending bill that recently passed the House.
The U.S. now has a third of the world's millionaires and billionaires
The U.S. now accounts for more than a third of the world's millionaires and billionaires, as tech companies and startups mint ever larger fortunes.
Auto giant Stellantis appoints Antonio Filosa as new CEO
Auto giant Stellantis on Wednesday appointed North American boss Antonio Filosa as its new chief executive.
Macy's CEO says retailer will hike some prices as tariffs cut into profits
Macy's beat earnings estimates for the first quarter, but cut its 2025 profit outlook as tariffs complicate its turnaround strategy.
Macy's CEO says retailer will hike some prices as tariffs cut into profits
Macy's beat earnings estimates for the first quarter, but cut its 2025 profit outlook as tariffs complicate its turnaround strategy.