Jon Morgan, co-founder of business consulting firm, Venture Smarter, was mentoring a Gen Z entrepreneur when he noticed something strange about her life and the one she portrayed online. His 23-year-old mentee had spent 1½ years crafting a luxury travel persona — one that suggested she was living a $500,000-a-year lifestyle, he said. In reality,…
In a Wednesday interview with CNBC’s Jim Cramer, Salesforce CEO Marc Benioff defended the guidance his company issued — even as the the figures disappointed Wall Street. “Our results are absolutely fantastic and our guidance is also, you know, is always appropriately conservative,” Benioff said. The enterprise software company posted its quarterly results Wednesday after…
Marc Benioff, co-founder and CEO of Salesforce, sits for an interview in San Francisco on April 25, 2025. David Paul Morris | Bloomberg | Getty Images Salesforce issued disappointing guidance on Wednesday, even as earnings and revenue topped estimates for the fiscal second quarter. The stock dropped 4% in extended trading. Here’s how the company…
Check out the companies making headlines after hours. American Eagle Outfitters — The clothing retailer surged almost 24% in extended trading. American Eagle Outfitters topped expectations in the second quarter thanks to a partnership with actress Sydney Sweeney that the company called its “best” advertising campaign to date. The company earned 45 cents per share…
Cambridge, MA – May 29: Law school graduates raise gavels during Harvard University’s 374th Commencement on May 29, 2025. Craig F. Walker | Boston Globe | Getty Images A federal judge on Wednesday ruled that the Trump administration’s freeze of $2.2 billion in grant funds for Harvard University over concerns about antisemitism on campus and…
American Eagle said Wednesday its partnership with Sydney Sweeney has been its “best” advertising campaign to date as it announced fiscal second-quarter earnings that beat expectations. The company’s splashy, yet controversial, campaign with the “Euphoria” star led to some criticism and blowback but the launch, coupled with a recent partnership with Taylor Swift’s new fiancé…
Lisa Cook testifies before a Senate Banking Committee hearing on her nomination to be a member of the Federal Reserve Board of Governors (for a second term), on Capitol Hill in Washington, U.S., June 21, 2023. Jonathan Ernst | Reuters Two Republican senators said Wednesday that they will not consider a possible replacement for Federal…
The Polymarket website on a smartphone arranged in Germantown, New York, US, on Tuesday, July 22, 2025. Gabby Jones | Bloomberg | Getty Images Online prediction betting site Polymarket has been cleared to launch in the United States, the platform’s chief executive, Shayne Coplan, said on Wednesday. “Polymarket has been given the green light to…
Stephen Miran, U.S. President Donald Trump’s nominee to be chairman of the Council of Economic Advisers, sits on the day he testifies during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 27, 2025. Annabelle Gordon | Reuters Stephen Miran, President Donald Trump’s nominee for the open…
President Donald Trump’s attacks on renewable energy have prevented investors from seeing the strong underlying demand for solar power and the stocks that stand to benefit, UBS analysts told clients in a note on Wednesday. Solar equipment manufacturers First Solar and Nextracker , in particular, will benefit from sustained electricity demand from artificial intelligence data…
