News

Sweetgreen shares soar 35% after company beats revenue expectations

Shares of the salad chain surged 35% Friday after the company beat Wall Street's forecast for first-quarter results.

European companies in China are under pressure from slower growth, overcapacity

European companies are finding it harder to make money in China as growth slows and overcapacity pressures increase, according to an annual business survey.

CFPB rule to save Americans $10 billion a year in late fees faces possible last-minute freeze

The credit card regulation is part of President Joe Biden's broader election-year war against what he deems junk fees.

Watch Governor Andrew Bailey speak after the Bank of England's rate decision

Bank of England Governor Andrew Bailey is speaking at a press conference following the U.K. central bank's latest monetary policy decision.

A rare hostile takeover bid in Europe's banking sector has shocked markets

Spanish bank BBVA caught markets by surprise after it announced a rare hostile takeover bid for domestic rival Banco Sabadell.

Stocks making the biggest moves after hours: Airbnb, Robinhood, Arm Holdings, Equinix and more

These are the stocks posting the largest moves in extended trading.

Robinhood climbs after reporting record earnings for first quarter

Shares of the brokerage firm rose after first-quarter results topped Wall Street expectations.

British neobank Monzo boosts funding round to $610 million to crack U.S. market, launch pensions

TS Anil, CEO of Monzo, told CNBC his firm plans to use the cash to build new products and accelerate its international expansion plans.

HD Hyundai Marine Solution doubles in South Korea's largest IPO since January 2022

Shares traded as high as 125,000 South Korean won ($91.55) apiece, representing a 49.88% surge from the IPO price of 83,400 won.

Stanley Druckenmiller cut his Nvidia stake in late March, says AI may be a bit overhyped short term

Druckenmiller said he reduced his Nvidia bet after "the stock went from $150 to $900."

Citigroup CEO Jane Fraser says low-income consumers have turned far more cautious with spending

Citigroup CEO Jane Fraser joined CNBC's Sara Eisen Monday for an interview on the economy.

Buffett's Berkshire Hathaway gains as insurance lifts first-quarter profit and cash nears $200 billion

The Oracle of Omaha's massive conglomerate posted robust earnings, driven by strong insurance underwriting gains as well as higher Treasury yields.
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