In a parliamentary submission, the crypto exchange alleges major Australian banks are unlawfully cutting off services to legitimate digital asset firms, creating a 'crisis of confidence' and stifling innovation as the country moves to formalize crypto regulation.
Tyson Foods reports a continued decline in beef sales as the U.S. cattle herd hits a 70-year low. While the recent closure of a Nebraska facility has not yet impacted volumes, the meatpacking giant warns of tight supplies through 2027, pivoting to chicken and pork to meet protein demand.
Despite a double-digit decline in 2026, SoFi Technologies continues to post explosive growth. We examine whether the current dip below $25 presents a strategic entry point or a warning sign for investors.
Aerospace and defense supplier TransDigm Group Inc. (NYSE:TDG) reported robust fourth-quarter results, with revenue climbing 13.9% year-over-year to $2.29 billion, surpassing analyst expectations. The company's strong performance and optimistic full-year outlook underscore its entrenched position in a recovering commercial and resilient defense aviation market.
Pfizer reported fourth-quarter revenue and profit that topped Wall Street forecasts, yet year-over-year sales dipped slightly. The pharmaceutical giant's results highlight the ongoing challenge of moving beyond its COVID-19 windfall.
Pharmaceutical giant Merck & Co. reported fourth-quarter revenue that surpassed Wall Street forecasts, driven by robust demand for its key products. However, a more conservative full-year sales projection and a sharp expected decline in earnings for the coming year tempered the positive results, sending shares lower in after-hours trading.
The prominent value investment firm has initiated a significant new position in UniFirst, a uniform and facility services provider, signaling confidence in its recurring revenue model despite recent stock underperformance.
CNBC's Jim Cramer expresses strong confidence in Affirm Holdings ahead of its earnings, crediting CEO Max Levchin's leadership for potentially outperforming market expectations and challenging bearish sentiment.
As freezing temperatures grip the nation, federal regulators and consumer advocates are sounding the alarm on a predictable wave of scams. Fraudsters are exploiting the weather, posing as utility companies to pressure victims into immediate payments.
Saudi Aramco's latest multi-tranche bond issuance attracted robust demand, allowing the state oil firm to lock in favorable long-term rates and underscoring its privileged position in global capital markets.
Stani Kulechov, founder of the decentralized finance protocol Aave, has purchased a luxury five-story residence in London's Notting Hill for £22 million, reportedly below asking price, as crypto entrepreneurs increasingly invest in traditional real estate assets.
Two Fraser restaurant employees have been arrested on felony assault charges after police say they pursued customers suspected of leaving without paying a $100 tab, with one allegedly brandishing a firearm and the other applying a chokehold.
CNBC's Jim Cramer has spotlighted healthcare distributor McKesson Corp., noting its history of post-earnings rallies. However, the 'Mad Money' host cautions that aggressive regulatory rhetoric from the White House could unsettle the entire sector.
CNBC's Jim Cramer suggests Chipotle Mexican Grill's stock, despite potential for a muted quarter, may be poised for a rebound given its depressed valuation, highlighting it in his weekly market game plan.
As The Walt Disney Company prepares to report earnings, CNBC's Jim Cramer places the media giant under scrutiny, highlighting persistent challenges in its streaming business and theme park operations that investors will be watching closely.
Under new CEO Michael Leiters, Porsche is reconsidering its plan to launch electric versions of the 718 Boxster and Cayman. Soaring development costs, softer EV demand, and strategic realignments have forced a high-stakes reassessment of the brand's electrification roadmap.
Despite a strong year of outperformance for automotive safety giant Autoliv, investment firm Tweedy Browne has significantly reduced its holding, sparking debate on whether the move signals caution or prudent portfolio management.
Defense attorneys for the man accused of killing conservative activist Charlie Kirk will ask a judge to disqualify the prosecution, citing a conflict of interest as the lead prosecutor's daughter witnessed the shooting. The hearing also involves a dispute over showing graphic video evidence.
HP Inc. announced an immediate leadership transition on Tuesday, appointing board member Bruce Broussard as interim CEO after Enrique Lores stepped down to pursue a new opportunity.
PayPal Holdings Inc. announced on Tuesday the appointment of Enrique Lores as its new President and Chief Executive Officer, with the leadership transition set to take effect on March 1.
