Roblox shares plummeted 18% on Friday after the company reported first-quarter earnings as its new child safety measures weighed on bookings. “Part of what we’re rolling out with age check, we believe, is the real, right long-term way to build this platform,” CEO David Baszucki said Friday on CNBC’s “Squawk Box.” In a letter to…
U.S. Commerce Secretary Howard Lutnick testifies during Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on fiscal year 2027 budget requests on Capitol Hill in Washington, DC, on April 22, 2026. Saul Loeb | AFP | Getty Images Sen. Chris Coons, D-Del., pressed Commerce Secretary Howard Lutnick about allowing Nvidia‘s H200 chips…
BERLIN — Georg Baselitz, an acclaimed German artist prominent in the Neo-Expressionalist movement who had a penchant for provocation and was known for painting images upside down, has died. He was 88. The Thaddaeus Ropac Gallery, which represented Baselitz, said the artist died on Thursday, citing his family. It said he died “peacefully,” but did…
Vicki Hollub, chief executive officer of Occidental Petroleum Corp. speaks during the 2023 CERAWeek by S&P Global conference in Houston, Texas, on Monday, March 6, 2023. F. Carter Smith | Bloomberg | Getty Images Occidental Petroleum said on Friday CEO Vicki Hollub, one of the most prominent women in the male-dominated oil industry, would retire next…
American multinational skin care and beauty products brand Estée Lauder’s logo is seen in Hong Kong. Budrul Chukrut | Lightrocket | Getty Images Estee Lauder on Friday raised its annual profit forecast and laid out plans to cut up to 3,000 more jobs globally as it accelerates a broad restructuring plan, sending its shares up…
We’ve taken a closer look at Cardinal Health’s quarterly results and conference call following Thursday’s sell-off. Our conclusion: The 4.9% decline was an overreaction, and we would be buyers on Friday morning if not restricted. Note: We’re prevented from trading stocks that Jim Cramer mentions on CNBC TV for 72 hours. He mentioned Cardinal on…
Atlassian shares jumped more than 28% on Friday after the software company topped Wall Street’s expectations for the fiscal third quarter, reporting strong cloud growth and data center revenue. Here’s how the company did compared with LSEG estimates: Earnings per share: $1.75 adjusted vs. $1.32 expected Revenue: $1.79 billion vs. $1.69 billion expected Atlassian’s stock…
The Kansas City Chiefs had three picks in the top-40 selections of the 2026 NFL Draft, and star tight end Travis Kelce is enthused about the impact that one of those players will have, that being Oklahoma Sooners defensive end R Mason Thomas. “The guy is a freak of nature in terms of athleticism and…
My top 10 things to watch Friday, May 1 1. Stocks are up, and oil prices are down, to kick off a new month of trading. Apple shares rose on a strong quarter, helping boost the S & P 500 , which closed above 7,200 for the first time. Brent crude futures tumbled on easing…
A rendering of Smoothie King’s new store design Source: Smoothie King From the rise of GLP-1 drugs to backlash against artificial ingredients, current wellness trends are fueling growth for Smoothie King. “There are significant industry tailwinds behind what we’re doing,” said Gavin Felder, the chain’s president and CFO. “What we’ve learned is people are a…
