Roblox shares sank 10% on Thursday as the company said it expects increased capital expenditures that could pressure margins. The gaming company said it expects capital expenditures of $468 million, an increase of $158 million from prior guidance. “Our operating margin could decline slightly year-over-year due to the combination of higher DevEx rates and the…
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, straight to your inbox. Super PACs supporting Andrew Cuomo and opposing Zohran Mamdani in the New York City mayoral race have raised over $40 million, with millions…
Key Points Dynamix Corporation III has raised an upsized $175 million in an initial public offering, people familiar with the matter told CNBC. The SPAC may also opt to issue additional shares, raising a total of $201.25 million that will be used to acquire a company in the AI, energy or digital asset class sector….
FILE PHOTO: Formula One F1 – United States Grand Prix – Circuit of the Americas, Austin, Texas, U.S. – October 23, 2022 Tim Cook waves the chequered flag to the race winner Red Bull’s Max Verstappen. Mike Segar | Reuters Apple reports fiscal fourth quarter earnings on Thursday after the bell. The fourth quarter, which…
This is one of four feature stories on the finalists — Denny Hamlin, Kyle Larson, William Byron and Chase Briscoe — competing for the 2025 NASCAR Cup Series Championship on Sunday at Phoenix. Cliff Daniels regularly asks Kyle Larson how many more years he plans to race stock cars. One of those conversations between the…
A Social Security Administration office in Washington, D.C., March 26, 2025. Saul Loeb | Afp | Getty Images To help Social Security and Veterans Affairs beneficiaries cope with higher prices, a group of Democratic senators are proposing to increase benefits by $200 per month for six months. The bill — called the Social Security Emergency…
LEAD PICTURE This report is from this week’s CNBC’s “Inside India” newsletter, which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story 31-year-old Aarushi Kilawat is a fashion entrepreneur from India’s Jaipur, a small city with less than 5 million residents — a far cry from Indian metropolises…
Stocks on display at the Nasdaq on Sept. 10, 2025. Danielle DeVries | CNBC This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Magnificent or not? Magnificent Seven members Alphabet, Microsoft and Meta Platforms all beat…
The U.S. Capitol building, weeks into the continuing U.S. government shutdown, in Washington on Oct. 27, 2025. Kylie Cooper | Reuters Businesses that contract with the federal government lost $12 billion in the first four weeks of the government shutdown, according to a report from the U.S. Chamber of Commerce released Thursday. The report, which…
With the NFL trade deadline right around the corner, here’s what to expect. There usually isn’t a star traded at the deadline, but there are always key players on the move to contenders. With 14 of the 32 teams making the playoffs, many teams may not believe they’re fully out of it, which limits the…
