Top News

Gen Zs are traveling big this summer — how they're paying for it may surprise you

Some 42% of Gen Zs and 47% of millennials say they're willing to go into debt to pay for their summer vacations, according to Bankrate. ... Continue Reading

U.S. seeks records from Tesla in power steering loss probe

The National Highway Traffic Safety Administration said it is seeking records from Tesla in its investigation into vehicles over power steering loss reports. ... Continue Reading

We're cutting our price target on Salesforce after mixed earnings, soft guidance

We believe the sell-off Wednesday is overdone, but also understand stocks aren't rewarded when growth is slowing. ... Continue Reading

After revenue miss, Salesforce CEO details the 'measured' buying environment for enterprise software companies

Salesforce CEO Marc Benioff told CNBC's Jim Cramer how the market for enterprise software companies has changed since the pandemic. ... Continue Reading

This global fund’s stock could rally by 35% if buyback limits are removed, fund manager says

The company, which trades as an investment trust on the London Stock Exchange, says it has assets worth £3 billion ($3.8 billion). ... Continue Reading

Goldman Sachs names global ‘alpha’ stock ideas — and gives one nearly 60% upside

Goldman Sachs' list of opportunities include stocks with "deep value" and "defensive growth" characteristics. Here are five of them. ... Continue Reading

Gen Zs are spending big to travel this summer — even if it means going into debt

Some 42% of Gen Zs and 47% of millennials say they're willing to go into debt to pay for their summer vacations, according to Bankrate. ... Continue Reading

Nelson Peltz sells entire Disney stake weeks after losing proxy battle

In early April, Nelson Peltz's Trian lost a proxy battle at Disney as shareholders reelected the company's full slate of board nominees. ... Continue Reading

American Eagle profit soars, but sales grow slower than expected

American Eagle has been working to boost profit over the next three years and has drilled down on revamping its product assortment. ... Continue Reading

Salesforce shares plunge 16% on first revenue miss since 2006

Salesforce issued a disappointing forecast in its quarterly earnings report on Wednesday. ... Continue Reading

American shares tumble 13% after sales strategy backfires; carrier cuts growth

American cut its profit and unit revenue forecast for the second quarter, which coincides with some of the busiest travel periods of the year. ... Continue Reading

S&P 500 posts first losing day in 3 as Nvidia's climb fails to lift market, Dow drops 400 points: Live updates

Stocks slid Wednesday as choppiness in artificial intelligence darling Nvidia put one of the last few bright spots for traders at risk. ... Continue Reading

Salesforce shares plunge 17% on first revenue miss since 2006

Salesforce issued a disappointing forecast in its quarterly earnings report on Wednesday. ... Continue Reading

Stocks making the biggest moves after hours: Salesforce, UiPath, Capri, Pure Storage and more

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

Abercrombie & Fitch shares surge 24% as retailer's torrid growth shows no signs of slowing

Abercrombie & Fitch is building on its blockbuster 2023 by growing Hollister and adding new categories to its namesake banner, such as the A&F Wedding Shop. ... Continue Reading

These dividend stocks top Thornburg's list — and they are trading at a discount

Investors searching for income can find some bargains in dividend stocks, according to Ben Kirby, co-head of investments at Thornburg Investment Management. ... Continue Reading

Student loan debt may prevent retirement security for millions of older workers, research finds

Millions of older Americans' ability to save for retirement may be threatened by unpaid student loan debt, according to new research. ... Continue Reading

McDonald's exec says average menu item costs 40% more than in 2019

The president of McDonald's USA clarified its price inflation in a press release in response to 100% price increase claims by House Republicans, among others. ... Continue Reading

Trump trial update: Jury ends first day of deliberations after asking to re-hear testimony, judge's instructions

Donald Trump, the presumptive Republican presidential nominee, faces charges related to a payoff to porn star Stormy Daniels before the 2016 election. ... Continue Reading

Nissan issues 'do not drive' alert for nearly 84,000 older models with recalled airbags

The Japanese carmaker's "Do Not Drive" alert applies to Sentras (2002-2006), Pathfinders (2002-2004) and Infiniti QX4s (2002-2003) with recalled airbags. ... Continue Reading