Nearly all of Afterpay’s customers repaid their installments in 2021, Block CFO Amrita Ahuja told CNBC on Thursday when questioned about the Cash App parent’s acquisition of the buy-now, p...
Tag: Business
Ford cuts SUV, truck production at two plants due to chip shortage
An employee works on a Ford Motor Co. Super Duty Truck engine at the Ford Kentucky Truck Plant in Louisville, Kentucky, Sept. 30, 2016. Luke Sharrett | Bloomberg | Getty Images Ford Motor is once agai...
The ‘safest of safety stocks’
CNBC’s Jim Cramer on Thursday advised investors to consider Procter & Gamble as a potential buy to weather the turbulent market. “I’ve been telling you to stick with the market e...
Jim Cramer warns investors still betting on high-growth tech stocks
CNBC’s Jim Cramer on Thursday cautioned investors that buying the dip on high-growth tech stocks is a losing strategy in today’s turbulent market. “The era of beat and raise and buy ...
Retailers warn of business impact from Russia’s invasion
Employees put wooden shields on the window of Louis Vuitton shop in Kyiv on February 24, 2022 as Russia’s ground forces invaded Ukraine from several directions today, encircling the country with...
Gap (GPS) reports Q4 2021 narrower losses, projects revenue decline
Sale signs are on display in the windows of a Gap retail location. Scott Mlyn | CNBC Gap Inc. shares climbed in after-hours trading Thursday after the apparel retailer offered an upbeat forecast for i...
Sweetgreen (SG) Q4 2021 earnings
A Sweetgreen banner on the NYSE, November 18, 2021. Source: NYSE Sweetgreen on Thursday reported widening losses but strong sales growth for its fourth quarter in its first report since its initial pu...
Brandon Sanderson Kickstarter tops $19 million in two days
Portrait of American fantasy author Brandon Sanderson taken on June 3, 2011. Sfx Magazine | Future | Getty Images Brandon Sanderson asked folks on Kickstarter for $1 million to self-publish four novel...
Snowflake Stock Falls as Software Tweak Hits Revenue. Analysts Remain Bullish.
Text size Snowflakes made a tweak to its software that allows customers to do more with less resources. That hit revenue because customers pay only for the amount of computing time they use. Dreamstim...
Best Buy, Kroger, Burlington and more
An employee brings a television to a customer’s car at a Best Buy store in Orlando, Florida. Paul Hennessy | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in ...
I’m 60 with ‘well into seven figures’ saved. Should I get a financial adviser?
Getty Images/iStockphoto Question: I am 60 years old, single and don’t have any children. I am well into seven figures with retirement savings, made up of three 401(k)s, two mutual funds and a $350,00...
Oil rises to the highest since 2008, before paring gains
Oil pipelines, pumping rigs, and electrical transmission lines dot the landscape along California’s “Petroleum Highway” (Highway 33) running along the northwestern side of the San Jo...
Airline software giant ends service with Russia’s Aeroflot, crippling carrier’s ability to sell seats
Aeroflot Russian Airlines and Rossiya Airlines jet aircrafts at Moscow-Sheremetyevo International Airport. Leonid Faerberg | Lightrocket | Getty Images Sabre Corp. on Thursday said it terminated its a...
Wall Street praises Ford’s EV plans, questions sales and profit targets
Employees work on the 40 millionth Ford Motor Co. F-Series truck on the assembly line at the Ford Dearborn Truck Plant on January 26, 2022 in Dearborn, Michigan. Jeff Kowalsky | AFP | Getty Images Wal...
Best Buy(BBY) Q4 2022 earnings
Best Buy on Thursday fell short of Wall Street’s fourth-quarter sales expectations, as it ran low on some popular holiday items and reduced store hours because of omicron-related staffing shorta...
Ford Rises On Plan To Carve Out ‘Model e’ Electric Vehicle Business
Ford CEO Jim Farley at a briefing in Dearborn, Michigan, on the carmaker’s new business structure. Ford Motor Ford Motor Co. is doubling down on plans to compete with Elon Musk’s Tesla, General Motors...
Norwegian Cruise Line is a buy
Norwegian Cruise Line: “One of the worst performers in the market, with one of the best CEOs. I still believe. I think at $20, with everything starting to open around the world, it is a [buy].&#...
How Ethereum’s ConsenSys Could Have Secretly Sold Part Of Its Business To JP Morgan
According to a report from Arthur Falls, Ethereum venture production studio ConsenSys will face a billion-dollar audit. A majority of the company’s shareholders, Falls said, asked for this measure to ...
What critics thought of the new Dark Knight film
Robert Pattinson stars in “The Batman.” Warner Bros. Batman has taken on many forms on the big screen, from goofy and campy to suave and gritty. Matt Reeves’ “The Batman”...
Projecting revenue is challenging, so we prefer to give conservative guidance
Snowflake CEO Frank Slootman told CNBC’s Jim Cramer on Wednesday the company prefers to give conservative guidance, saying the way it recognizes revenue creates a considerable amount of uncertai...
Market has several positives that could spark sustained rally
There are signs of relief for stocks that could individually, or together, result in a sustained rally, CNBC’s Jim Cramer said Wednesday, as Russia’s invasion of Ukraine and soaring inflat...
Founder of SHIB Burning Business
Yuri Molchan CEO of this SHIB burner has revealed how much SHIB the community roughly plans to destroy to push the price up Disclaimer: The opinion expressed here is not investment advice – it is prov...
Walmart rolls out virtual fitting room to help shoppers find clothes
Walmart debuted Choose My Model, a feature that allows shoppers to see how clothing would look on a person with a similar height, shape and skin tone. The technology is powered by Zeekit, a start-up t...
Victoria’s Secret (VSCO) reports Q4 2021 earnings; issues weak outlook; cites Ukraine
Shoppers are seen inside a shopping mall in Bethesda, Maryland on February 17, 2022. Mandel Ngan | AFP | Getty Images Victoria’s Secret seesawed in after-hour hours trading Wednesday after the l...
Everton suspend sponsorship deals with three Russian companies
The Russian billionaire Alisher Usmanov photographed in Moscow, Russia, on March 19, 2015. Sasha Mordovets | Getty Images News | Getty Images Everton have suspended all commercial and sponsorship acti...