Check out the companies making headlines in after-hours trading. Netflix — The streamer dropped more than 4% after it missed Wall Street’s earnings estimates . For the third quarter, Netflix reported adjusted earnings of $5.87 per share. Analysts polled by LSEG expected $6.97 per share in profit. The company’s revenue of $11.51 billion for the…
Nicoletaionescu | Istock | Getty Images It is tech’s biggest question, and there is a wide range of takes on every side. With artificial intelligence-driven spending leading to record deals and valuations, seemingly everyone is weighing in on the AI boom — and potential bust. Economic bubbles happen with a rapid rise in market values…
The Mattel, Inc. logo is displayed outside the headquarters of the toy company known for products including Barbie and Hot Wheels in El Segundo, California on June 8, 2023. Patrick T. Fallon | AFP | Getty Images Barbie-maker Mattel posted third-quarter results after the market close on Tuesday that missed analysts’ expectations as ongoing global…
Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC A day ahead of Tesla’s quarterly earnings report, a coalition of unions and corporate watchdogs wants investors to focus their attention on matters of governance. On Tuesday, a group that includes the American Federation of Teachers and Public Citizen launched a website for…
Cheng Xin | Getty Images News | Getty Images DraftKings is acquiring predictions platform Railbird as it prepares to launch a mobile platform in the coming months to be called DraftKings Predictions. Railbird is licensed by the Commodity Futures Trading Commission to offer an event contracts exchange. DraftKings targeted the company for its team and…
U.S. President Donald Trump gestures as he hosts a Rose Garden Club lunch at the White House in Washington, D.C., U.S., October 21, 2025. Kevin Lamarque | Reuters President Donald Trump has demanded that the Department of Justice pay him a whopping $230 million in compensation for its criminal investigations of him after his first…
Defense and aerospace giants raised their outlooks for the year on Tuesday, citing stronger demand despite economic uncertainty and tariffs. GE Aerospace, Northrop Grumman, RTX and Lockheed Martin each beat third-quarter Wall Street profit estimates, with only Northrop missing revenue estimates, based on a survey of analysts by LSEG. GE, which is both a defense…
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters SpaceX and Tesla CEO Elon Musk criticized acting NASA Administrator Sean Duffy after he told media outlets this week that the billionaire’s space company is falling…
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 investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Roughly a decade…
Lauren Taylor Wolfe, co-founder of activist investment firm Impactive Capital, said the surge in enthusiasm around artificial intelligence has all the markings of a bubble. “We are absolutely in an AI bubble now. It is going to burst,” she said on CNBC’s “Squawk on the Street” Tuesday to David Faber. “I don’t know when, I…
