Key Points Investors are increasingly drawn to Europe amid tariff uncertainty, but startups face still obstacles going public on European exchanges. Swiss real estate heir Robin Lauber and German billionaire Christian Angermayer are joining forces to get startups to go public in Sweden. Lauber told CNBC about their startup pipeline and why Sweden is a…
America’s banking industry is shrinking, with the number of FDIC-insured banks in the U.S. down by nearly half since 2005, according to the Federal Deposit Insurance Corporation. “Large banks have gone on a merger spree,” said Rohit Chopra, former director of the Consumer Financial Protection Bureau. “[Big banks] gobble up regional and community banks.” FDIC…
Dick’s Sporting Goods raised its full-year sales and earnings guidance after delivering fiscal second-quarter results that beat expectations. The company is now expecting comparable sales to grow between 2% and 3.5%, up from a previous range of 1% and 3% and ahead of analyst estimates of 2.9%, according to StreetAccount. Dick’s said its earnings per…
Check out the companies making headlines before the bell. Nvidia — The graphics processing unit manufacturer slipped nearly 2% after its data center revenue came in below estimates for the second straight quarter. However, Nvidia posted a second-quarter earnings and revenue beat. Other chip stocks such as Taiwan Semiconductor, ASML, Advanced Micro Devices and Microchip…
The 2019 Ford Edge ST Mack Hogan/CNBC Ford Motor is recalling nearly 500,000 vehicles in the U.S over a brake fluid leak issue, the National Highway Traffic Safety Administration said on Thursday. A ruptured hose in the brake system could cause fluid to leak, lengthening stopping distances and increasing the risk of a crash, the…
Logo of Best Buy displayed outside a Best Buy store in Edmonton, Alberta, Canada, on March 22, 2025. Artur Widak | Nurphoto | Getty Images Best Buy surpassed Wall Street revenue and earnings expectations for its most recent quarter on Thursday, but stuck with its full-year forecast, citing tariff uncertainty. The consumer electronics retailer said…
CrowdStrike shares declined Wednesday evening despite the cybersecurity firm reporting a clean beat across every key metric. While management raised its earnings per share outlook for the full year, the lack of an upside revenue guide as well pressured the stock in after-hours trading. Revenue in the fiscal 2026 second quarter increased 21% year over…
Amtrak’s NextGen Acela. Courtesy: Amtrak Amtrak rolled out its NextGen Acela trains on Thursday, marking the next phase for the U.S.’s attempt at high-speed rail. Dubbing itself as “America’s only high-speed rail service,” the new trains will run between Washington, D.C., and Boston, with a top speed of 160 mph. It’s an extension of Amtrak’s…
CSX CEO Joe Hinrichs told CNBC’s Jim Cramer on Wednesday that working with other railroad companies is the best way to solve problems in the industry and grow value. “We’ll open all possibilities to create value for shareholders, properly grow the business and serve our customers better,” he said. “We can do all of those…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, crypto prices make a comeback as bitcoin crosses back above the $112,000 mark and XRP climbs above $3. Plus, Lin Dai, co-founder of Spree Finance, breaks down the firm’s new partnership with Animoca Labs for…
