CVS Health (CVS) earnings Q4 2024
An exterior view of a CVS pharmacy in Danville, Pennsylvania. Paul Weaver | Lightrocket | Getty Images CVS Health on Wednesday reported fourth-quarter revenue and profit that topped estimates, even as its troubled insurance business continued to see higher medical costs. The company also issued a full-year 2025 adjusted earnings outlook of $5.75 to $6 […]
Alibaba’s stock gets boost from reported Apple Intelligence partnership
Shares of Chinese e-commerce giant Alibaba rose in premarket trade after reports it’s partnering with Apple to roll out artificial-intelligence features for phones sold in China.
Why satellite company listed on Nasdaq
Satellite communications company Globalstar listed on the Nasdaq on Tuesday after delisting from the New York Stock Exchange. “We did a reverse split — we’re a multibillion-dollar company but our stock price was down in the dollar-ish range,” CEO Paul Jacobs told CNBC’s Becky Quick on “Squawk Box.” “And people thought of us as a […]
Coinbase’s bonds have soared since Trump’s election victory
A member of the “MAGA Seven,” Coinbase is seeing an increase in interest.
GM has plans to mitigate up to 50% of potential North American tariffs
President Donald Trump greets General Motors CEO Mary Barra (R) prior to a meeting with automobile industry leaders in the Roosevelt Room of the White House in Washington, DC, January 24, 2017. Saul Loeb | AFP | Getty Images DETROIT — General Motors believes it can mitigate up to 50% of potential tariffs President Donald […]
Upstart’s stock is skyrocketing. Here’s the biggest positive from earnings.
Upstart was close to achieving profitability in the fourth quarter and expects to “at least” break even this year. That could broaden the stock’s appeal.
Tequila, mezcal sales are growing but Mexico tariffs may hit industry
A seller holds up a bottle of Casamigos, tequila from Diageo, the world’s leading spirits maker, at a liquor store in Monterrey, Mexico, on Dec. 10, 2024. Daniel Becerril | Reuters The U.S. spirits industry maintained its market share leadership over beer and wine for a third straight year in 2024, even as revenues slid, […]
Super Bowl 59 viewership reaches record 127.7 million
Philadelphia Eagles head coach Nick Sirianni and quarterback Jalen Hurts celebrate with the Vince Lombardi Trophy after winning Super Bowl 59. Mike Segar | Reuters The Philadelphia Eagles weren’t the only ones that scored big at the Super Bowl. The National Football League’s championship game attracted a record 127.7 million viewers on Sunday, according to […]
Trump’s tariffs and tax plans are inflationary. Voters won’t tolerate it.
Trump can no sooner repeal the law of gravity than change some macroeconomic realities.
CFPB leaders announce resignations after stop-work order
Former Office of Management and Budget (OMB) Director Russell Vought takes his seat as he arrives to testify before a US Senate Homeland Security and Governmental Affairs Committee hearing on his second nomination to be OMB director, on Capitol Hill in Washington, DC, on Jan. 15, 2025. Jemal Countess | AFP | Getty Images Two […]
