News Blog

Investors misinterpreted a public offering on Wednesday by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years, CEO Peter Rawlinson told CNBC.

Enphase Energy Inc. shares fell more than 12% in the extended session Tuesday after the maker of solar microinverters and battery systems reported weaker quarterly results and called for lower sales ahead.

Frontier Group is considering making a fresh bid for Spirit Airlines, the rival low-cost carrier that’s still in talks with its bondholders about a potential bankruptcy.

Oil prices fell sharply Wednesday after industry data signaled an increase in U.S. oil inventories, while focus remained on diplomacy efforts by the U.S. to quell tensions in the Middle East.

Nike will be the exclusive uniform and apparel provider for the National Basketball Association and Women’s National Basketball Association for another 12 years after they renewed their partnership with the sneaker giant, the leagues announced Monday.

Boeing Co.’s stock was slightly lower Wednesday, after the troubled aerospace giant’s third-quarter earnings showed better-than-expected revenue despite the impact of a strike by machinists, weighing against a wider-than-expected loss.

Deutsche Bank reported a record third-quarter profit, as its trading and investment bank advisory revenue surged, but warned investors to brace for higher-than-expected loan losses for the second time in almost three months.

GE Vernova reported weaker-than-expected third-quarter earnings, falling short of investors’ high expectations. Shares fell in early trading.

Peloton’s stationary bikes will soon sell at Costco’s stores and on its website as the beleaguered fitness company looks for new ways to reach younger and affluent customers, Peloton is set to announce Tuesday.

AT&T gained more wireless subscribers than expected in the third quarter, driven by the steady adoption of its higher-tier unlimited plans that come with perks including increased hotspot data, sending its shares up 3.1% in premarket trading.

Revenue at world’s biggest beauty company rose 3.4% in third quarter when analysts expected 6%

Walmart Inc. will start delivering prescriptions to US homes in as little as 30 minutes, a move that’s intended to grab a bigger slice of online spending and compete against Amazon.com Inc.

Automaker Stellantis plans to shutter and sell its large vehicle proving grounds in Arizona at the end of this year, CNBC has learned.

The U.S. Transportation Department on Wednesday said it was fining American Airlines a record $50 million for its treatment of disabled passengers, including failing to provide some with adequate assistance and mishandling wheelchairs.

German arms maker Rheinmetall will produce gun barrels in the UK as part of a sweeping new defence pact between Berlin and London aimed at deepening military co-operation and bolstering support for Ukraine.

Shares of Reckitt Benckiser Group rose on Wednesday after the company posted its third-quarter trading update.

Starbucks on Tuesday posted preliminary quarterly results that showed its sales fell again as the coffee chain tries to execute a turnaround.

Coca-Cola is aiming to hit the higher end of its organic sales forecast for 2024 as growing demand for its higher-priced sodas and juices in the U.S. helped it post a surprise rise in third-quarter sales on Wednesday.

Shares in McDonald’s dropped by as much as 10 per cent after US public health authorities linked a fatal E. coli outbreak affecting 10 states with the fast-food chain’s Quarter Pounder hamburgers.

Πολυετή Συμφωνία-Πλαίσιο υπέγραψε η Hellenic Cables, ο κλάδος Καλωδίων της Cenergy Holdings με την Enexis Netbeheer για ένα εμβληματικό έργο που στοχεύει στην ενίσχυση και την επέκταση του δικτύου ηλεκτρικής ενέργειας στην Ολλανδία.