As the restaurant industry aims to lure frugal consumers with discounts and deals, Domino’s Pizza thinks it can steal diners from its competitors. “I think the industry headwinds are actually tail winds for us. Meaning, of course, they’re headwinds, but we’re going to gain [market] share during this time frame,” CEO Russell Weiner told CNBC…
CNBC’s Jim Cramer said Monday that a pair of cybersecurity stocks are “big winners” following a cyberattack on Microsoft’s SharePoint software. Speaking on “Squawk on the Street,” Cramer identified both CrowdStrike and Palo Alto Networks as stocks to buy in light of the Microsoft incident that surfaced over the weekend. The software vulnerability enabled hackers…
Marco Pistoia, Global Technology’s Head of Applied Research and Engineering at JP Morgan. Source: JP Morgan JPMorgan Chase has overhauled the leadership of its internal research group responsible for quantum computing and other forms of advanced technology, hiring a State Street executive, CNBC has learned. Marco Pistoia, the former IBM inventor who became head of…
Check out the companies making the biggest moves midday: Bruker — The lab instrument and tools maker shed 12% after the company issued weaker-than-expected guidance for the second quarter. The company expects to earn between 32 and 34 cents per share on revenue ranging from $795 million to $798 million. Analysts polled by FactSet expected…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. The stock market is starting the week higher, as investors await trade developments and the start of Big Tech earnings. Both the S & P 500 and the Nasdaq…
Jonathan Fitzpatrick, CEO of Subway. Courtesy: Subway Sandwich chain Subway has tapped former Burger King executive Jonathan Fitzpatrick as the company’s latest CEO, effective July 28. The announcement on Monday follows a months-long search for former CEO John Chidsey’s successor. Chidsey retired at the end of 2024 after five years with the company. His tenure…
A Microsoft store in New York, US, on Friday, Oct. 25, 2024. Jeenah Moon | Bloomberg | Getty Images Microsoft has warned of “active attacks” targeting its SharePoint collaboration software, with security researchers noting that organizations worldwide stand to be affected by the breach. The Cybersecurity and Infrastructure Security Agency said Sunday in a release…
Jaque Silva | Nurphoto | Getty Images The latest crypto treasury company is set to hit the public market with an ambitious plan to build the largest public vehicle for institutional exposure to ether. The Ether Machine will begin trading on the Nasdaq Monday through a merger with blank check company Dynamix Corporation. Andrew Keys,…
Check out the companies making headlines before the bell. Alaska Air Group — Shares popped 1% after the airline carrier resumed its operations late Sunday. Thanks to an IT outage, Alaska Airlines had grounded all of its flights for around three hours. Block — The fintech stock surged 10% as it prepares to officially join…
A FlexJet Gulfstream G450 airplane approaches San Diego International Airport for a landing on May 9, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images An investment group led by LVMH’s private equity arm is buying 20% of private jet company Flexjet, marking the latest push by the luxury industry…
