From left, Donald Trump and his girlfriend (and future wife), former model Melania Knauss, financier (and future convicted sex offender) Jeffrey Epstein, and British socialite Ghislaine Maxwell pose together at the Mar-a-Lago club in Palm Beach, Florida on Feb. 12, 2000. Davidoff Studios Photography | Archive Photos | Getty Images President Donald Trump, in a…
Tesla electric vehicles outside the company’s manufacturing facility in Fremont, California, Feb. 24, 2025. Mike Kai Chen | Bloomberg | Getty Images Tesla Vice President Raj Jegannathan, a 13-year veteran of the automaker, announced his departure from the company on Monday in a LinkedIn post. Jegannathan’s most recent role was vice president of information technology,…
Traders work on the floor during the York Space Systems IPO at the New York Stock Exchange (NYSE) in New York City, U.S., Jan. 29, 2026. Jeenah Moon | Reuters U.S. stock futures were little changed Monday night, after the Dow Jones Industrial Average hit a fresh all-time high. Dow futures fell by 11 points,…
Check out the companies making headlines after hours. ON Semiconductor — The semiconductor supplier dropped nearly 6% after posting fourth-quarter revenue of $1.53 billion, missing the LSEG consensus estimate of $1.54 billion. On the other hand, earnings of 64 cents per share, on an adjusted basis, topped the forecasted 62 cents per share. Upwork —…
Target said Monday that it’s stepping up store staffing, but eliminating about 500 jobs in distribution centers and regional offices as it tries to win back shoppers who have complained about sloppier shelves, out-of-stock items and longer checkout lines. In an internal employee memo obtained by CNBC, the big-box retailer said it’s making changes to…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets are up nicely, with the S & P 500 rising roughly 0.5%, the Nasdaq up 1%, and the Dow Jones Industrial Average holding around the…
Workday co-founder Aneel Bhusri at the World Economic Forum in Davos, Switzerland, on Jan. 23, 2020, when he was CEO of the company. Bhusri will once again take on the role, with Carl Eschenbach stepping down. Adam Galica | CNBC Workday on Monday announced that CEO Carl Eschenbach is stepping down from his role and…
Big Tech’s spending plans are spooking investors as of late, but these plans could also signal a buying opportunity, according to Canaccord Genuity. Stocks sold off last week as the latest quarterly reports from Microsoft, Meta Platforms, Amazon and Alphabet revealed stepped up capital expenditure plans that revived worries about the spending if AI fails…
Check out some of the companies making the biggest moves midday: Kyndryl Holdings — The IT infrastructure services provider spun out from IBM tumbled 55% after Kyndryl disclosed in a regulatory filing that its audit committee is reviewing the company’s cash management practices. It also reported CFO David Wyshner and General Counsel Edward Sebold have…
“You can never be too rich or too thin.” The famous quote has been attributed to the two-time American divorcee and Duchess of Windsor, Wallis Simpson, although a few others have also been given credit for the line or something close to it. Doctors might suggest that a person can indeed be “too thin,” and,…
