Verizon raised the lower end of its annual profit forecast on Monday, as strong demand for its higher-tier plans powered better-than-expected earnings in the second quarter. The U.S. telecom major posted a 2.2% rise in wireless service revenue as more users opted for its add-ons such as access to streaming service like Netflix. The carrier…
An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, Dec. 22, 2023. Chalinee Thirasupa | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions,…
A branch of the technology company Microsoft can be seen in Manhattan. Sven Hoppe | Picture Alliance | Getty Images Microsoft has issued an alert about “active attacks” on server software used by government agencies and businesses to share documents within organizations, and recommended security updates that customers should apply immediately. The FBI said on…
Peter Specht, general partner at venture capital firm Creandum. Creandum As pitches from founders come flooding in, one investor has revealed how VCs use a historic “law” to identify the best investments. “The power law in venture capital basically means that a small number of investments generate the vast majority of returns. So essentially, one…
An Alaska Airlines jet taxis at San Francisco International Airport on June 4, 2025 in San Francisco, California. Justin Sullivan | Getty Images U.S. carrier Alaska Airlines grounded all of its flights after experiencing an IT outage on Sunday that impacted its systems, the company said, without specifying the nature of the outage. “At approximately 8 p.m. Pacific…
European small-cap stocks have outperformed this year and are poised to continue their winning streak, according to a senior Goldman Sachs strategist. Speaking to CNBC’s “Squawk Box Europe” on Thursday, Sharon Bell said a weak dollar and expectations of an improving regional economy were giving “a little bit of a kicker to small caps.” “So…
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An off-duty Customs and Border Patrol agent was shot in New York City’s Riverside Park late Saturday in an alleged robbery that did not appear to target him because of his job, police said. Miguel Mora, 21, is being investigated as a person of interest in the attempted robbery and shooting, New York Police Commissioner…
Conventional wisdom holds that as we get closer and closer to the coming deadline for tariff resolution, the market will become more treacherous, especially for highly valued stocks. I don’t know who writes these stories. I always check the bylines and I have never worked with them or hired them. I will tell you this: their…
Traders work on the floor at the New York Stock Exchange in New York City, U.S., July 15, 2025. Jeenah Moon | Reuters U.S. stock futures were little changed Sunday night as investors tracked the latest developments on trade, and awaited the start of big tech earnings this week. Dow Jones Industrial Average futures fell…
