Given that NFLX is always the first large-cap growth stock to report earnings, both its results and the stock’s initial reaction tend to be closely scrutinized — especially today, following the sharp decline so far on Wednesday. We’ve highlighted this chart many times over the past year for clients because NFLX has repeatedly formed bearish…
Thomas Fuller | Lightrocket | Getty Images Social media giant Reddit has launched a lawsuit against artificial intelligence company Perplexity, alleging that it illegally scraped user posts to train its AI model, marking the latest data-rights clash between content owners and the AI industry. The complaint filed in New York federal court on Wednesday also…
UConn is ranked No. 4 in the preseason Associated Press Top 25 college basketball poll, but that isn’t impressing Huskies coach Dan Hurley. “There’s nothing more useless than preseason polls and picks,” Hurley said during Big East media day. “Preseason polls are pretty meaningless. I don’t even do mine. I think I told (assistant coach)…
Bank leaders seem to have reached a consensus: Despite a minefield of uncertainties this year, the U.S. consumer has remained surprisingly resilient. The takeaway for stock-pickers, though, is far from clear-cut. Ranging from President Donald Trump’s aggressive trade policy to the path of interest rates and a cooling labor market, the questions looming over the…
From miners to musicians, Levi’s has outfitted generations for over 170 years. But what does it take to keep an American denim icon relevant in a global, fast moving and fashion forward world? In an exclusive interview with Levi Strauss & Co.’s CEO Michelle Gass, Managing Asia’s Christine Tan heads to Tokyo, a global hub…
Elon Musk listens as reporters ask U.S. President Donald Trump and South Africa President Cyril Ramaphosa questions during a press availability in the Oval Office at the White House on May 21, 2025 in Washington, DC. Chip Somodevilla | Getty Images There was a lot missing from Tesla’s third-quarter earnings call. CEO Elon Musk said…
Who’s starting, who’s hurt, and who’s on the move? NFL news is nonstop, and we’re breaking it all down week by week this season. Here’s the latest on what’s happening around the league entering Week 8: Lamar Jackson returns to practice Baltimore Ravens quarterback Lamar Jackson returned to practice for the first time since sustaining…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) In last Friday’s closing notes here, I offered this idea about the latest bout of market choppiness: “While the China flareup had folks comparing this tape to April’s tariff panic, it’s worth remembering…
Tesla electric vehicles are parked at a Tesla service center on Aug. 2, 2025 in San Diego, California. Kevin Carter | Getty Images There are generally two ways for a company to increase its profit: increasing sales or cutting costs. Preferably both at the same time — because a rise in revenue might be overshadowed…
The NCAA approved a rule change on Wednesday that will allow athletes and athletic department staff members to bet on professional sports. Two weeks after the Division I cabinet approved the change, Division II and III management councils signed off on it, allowing the new rule to go into effect Nov. 1. This doesn’t change…
