(L to R) Jensen Huang, President and CEO of Nvidia Corporation, Google CEO Sundar Pichai and Mark Zuckerberg, CEO of Meta, arrive for a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the US Capitol in Washington, D.C., on Sept. 13, 2023. Andrew Caballero-reynolds | Afp | Getty Images Seemingly every company is obsessed with … Read more
Shoppers enter and exit a Dior luxury boutique in Venice, Italy, on Nov. 16, 2025. Michael Nguyen/NurPhoto via Getty Images The retail industry emerged from a choppy first quarter relatively unscathed, but higher than usual tax refunds and an uptick in buy now, pay later use likely helped to buoy spending. As Wall Street looks … Read more
Costco Wholesale reported a decent quarter Thursday evening, delivering just enough on the membership numbers that we identified as crucial ahead of the print. Total revenue in its fiscal 2026 third quarter increased 11.6% year over year to $70.53 billion, ahead of Wall Street expectations of $69.81 billion, according to estimates compiled by LSEG. Adjusted … Read more
A person walks outside a Best Buy store on May 29, 2025 in Chicago, Illinois. Scott Olson | Getty Images Best Buy on Thursday reported first fiscal-quarter results that beat expectations on the top and bottom lines as the electronics retailer tries to break out of a sales slump. The company said revenue climbed slightly, … Read more
A Walmart store is seen on Feb. 3, 2026 in Austin, Texas. Brandon Bell | Getty Images Two top Walmart executives are departing the company, nearly four months after CEO John Furner took over, CNBC learned on Friday. Tom Ward, the chief operating officer of Walmart’s warehouse Sam’s Club, is retiring, while Cedric Clark, Walmart’s … Read more
President Donald Trump suggested last month he would look out for companies that didn’t seek tariff refunds after the Supreme Court struck down his wide-ranging global duties. At first, some major firms like Amazon appeared to be holding off on asking for money back over concerns they’d offend the often transactional president and end up … Read more
U.S. President Donald Trump speaks during an announcement with U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin (not pictured) in the Oval Office at the White House, in Washington, D.C., U.S., May 21, 2026. Kevin Lamarque | Reuters President Donald Trump announced on Thursday a delay to two Biden-era EPA refrigerant rules, arguing the move … Read more
Check out the companies making the biggest moves in midday trading: Quantum stocks — Shares of quantum computing companies soared following a Wall Street Journal report that the government plans to award $2 billion in grants to nine firms. The deal also included government equity stakes, the report said. Rigetti Computing jumped more than 30%, … Read more
Check out the companies making the biggest moves in premarket trading: Quantum stocks — Shares of quantum computing companies soared following a Wall Street Journal report that the government plans to award $2 billion in grants to nine firms. The deal also included government equity stakes, the report said. Rigetti Computing jumped 15%, D-Wave Quantum … Read more
Customers shop at a Walmart store on May 13, 2026 in Chicago, Illinois. Scott Olson | Getty Images With all eyes on the health of the U.S. consumer, Walmart‘s fiscal first-quarter earnings report Thursday morning may offer Wall Street some of the best clues yet. The big box retailer is expected to report another quarter … Read more