US Navy Secretary John Phelan speaks about the US Navy’s new Golden Fleet initiative, unveiling a new class of warships, at Mar-a-Lago in Palm Beach, Florida, on Dec. 22, 2025. Andrew Caballero-Reynolds | AFP | Getty Images Secretary of the Navy John Phelan is leaving the Trump administration “effective immediately,” a spokesman for the Department…
A Southwest Airlines Boeing 737 airplane lands at Los Angeles International Airport after arriving from Chicago on March 7, 2026 in Los Angeles, California. Kevin Carter | Getty Images Southwest Airlines forecast second-quarter earnings below analyst estimates, citing higher fuel prices, while holding off on updating its full-year 2026 forecast. Southwest expects to earn between…
Joe Terranova sees a long-term opportunity in shares of Netflix , thanks to the company’s shift into live entertainment. Terranova said on CNBC’s ” Halftime Report ” on Wednesday afternoon that he moved to the sidelines on the streaming giant when its shares were trading in the mid-70s. However, its current sell-off has created an…
Check out the companies making headlines after the bell : International Business Machines — The technology giant slipped 6% after IBM failed to raise its full-year guidance after posting an earnings beat. IBM reported first-quarter earnings of $1.91 per share, excluding items, beating forecasts of $1.81, according to LSEG. The company’s $15.92 billion in revenue…
IBM CEO Arvind Krishna speaks at the SXSW conference in Austin, Texas, on March 11, 2025. Andy Wenstrand | Sxsw Conference & Festivals | Getty Images International Business Machines CEO Arvind Krishna told CNBC on Wednesday that the Iran war and other geopolitical uncertainty are leading the company to guide cautiously. IBM beat analyst first-quarter…
A Kalshi advertisement at a bus stop in Washington, D.C., March 19, 2026. Daniel Heuer | Bloomberg | Getty Images Prediction market platform Kalshi said Wednesday it had suspended and fined three candidates for Congress from Minnesota, Texas and Virginia for “political insider trading” activity on their own campaigns. Kalshi said in a statement that…
WASHINGTON — To President Donald Trump, the Kennedy Center is a “tired, broken, and dilapidated” building in urgent need of repair. To artists like Jane Fonda and Billy Porter, it’s a protest site symbolizing the administration’s effort to reshape the nation’s cultural institutions. For the Kennedy Center’s new leadership, it’s a gargantuan structure corroded by…
The NCAA’s deadline for college basketball players to enter the transfer portal closed on Tuesday, April 21. While not every transfer has selected their school for the 2026-27 season, many of the top players have committed to their new team. Decisions are made by weighing roster and scheme fit, NIL considerations, relationships, location preference, and…
Bill McDermott, CEO of ServiceNow Inc., during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, July 10, 2025. David Paul Morris | Bloomberg | Getty Images ServiceNow reported first-quarter results on Wednesday that narrowly beat Wall Street’s estimates as the software company said the conflict in the Middle East dragged on…
Lululemon store sign on March 2,, 2026 in London, United Kingdom. Peter Dazeley | Getty Images Lululemon on Wednesday named Heidi O’Neill as the athleisure company’s new CEO, effective Sept. 8. The news comes after the company has seen more than a year of disappointing performance and been embroiled in a dramatic proxy battle, with…
