Nonfarm payroll growth was slower than expected in July and the unemployment rate ticked higher, raising potential trouble signs for the U.S. labor market. Job growth totaled 73,000 for the month, above the June total of 14,000 but below even the meager Dow Jones estimate for a gain of 100,000. June and May totals were…
Check out the companies making headlines before the bell: Apple — The tech giant’s shares rose more than 1% premarket after it said iPhone sales grew 13% year over year and total revenue grew 10%, marking Apple’s fastest quarterly revenue growth since December 2021. CEO Tim Cook said Apple would “significantly grow” its artificial intelligence…
A Joby Aviation electric vertical take-off and landing (eVTOL) aircraft during an event at Edwards Air Force Base in Edwards, California, US, on Monday, Sept. 25, 2023. Air taxi start-up Joby Aviation Inc. today announced it has delivered its first eVTOL to the US Air Force. Bloomberg | Bloomberg | Getty Images Joby Aviation and…
NEW YORK — Prosecutors said they now expect music mogul Sean “Diddy” Combs could face a prison sentence “substantially higher” than the four to five years they once thought he was likely to face after his conviction on two prostitution-related charges. They made the observation late Thursday in a Manhattan federal court written submission in…
The Detroit Tigers seem to be setting themselves up to potentially go back to what manager A.J. Hinch calls pitching chaos. Detroit bolstered its bullpen, and options in games without a traditional starting pitcher, with a series of moves to add a trio of right-handers in the hours before the trade deadline on Thursday. The…
Here are Friday’s biggest calls on Wall Street: Morgan Stanley reiterates Apple as overweight The firm raised its price target on the stock to $240 per share from $235 following earnings. “This was Apple’s strongest quarterly report/guide in 2+ years, with outperformance broad-based across Product/Services and regions.” Read more. Bernstein reiterates Coinbase as outperform Bernstein…
A worker inside a residential building under construction in the Las Palmas neighborhood of Medellin, Colombia, on Wednesday, July 16, 2025. Esteban Vanegas | Bloomberg | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate…
A person sits in front of the Lindt Chocolates store on April 11, 2025 in Basel, Switzerland. Sedat Suna | Getty Images News | Getty Images Switzerland is officially on holiday Friday for the country’s national day. But many market watchers have been hauled back to their desks by news overnight that they have been…
U.S. President Donald Trump speaks next to Federal Reserve Chair Jerome Powell during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | Reuters Two Federal Reserve officials who voted this week against holding a key interest rate in place explained their…
Moderna logo is seen in Warsaw, Poland on April 9, 2025. Jakub Porzycki | Nurphoto | Getty Images Moderna on Friday lowered the high end of its 2025 revenue outlook due to a delay in vaccine shipments to the U.K., but beat Wall Street’s expectations for the second quarter as it works to cut costs….
