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Economy
Arm shares soar as much as 41% after chip designer gives strong forecast, says AI is boosting sales
Arm makes the CPU architecture for chips found in nearly all smartphones. An Arm chip is shown here in San Jose, California, on October 12, 2023.Sydney BoyoArm reported fiscal…
Wall Street loves Disney’s kitchen-sink quarter, but Nelson Peltz says he isn’t backing down
Nelson Peltz, founding partner and CEO of Trian Fund Management, speaks with CNBC's Andrew Ross Sorkin on July 17, 2013 in New York.Heidi Gutman | CNBC, NBCU Photo Bank,…
SoftBank nets $16 billion on Arm earnings pop, exceeding its total losses in WeWork
Billionaire Masayoshi Son, chairman and chief executive officer of SoftBank, which owns Arm, speaks during a news conference in Tokyo, July 28, 2016.Tomohiro Ohsumi | Bloomberg |…
Jim Cramer says recent moves in Apple, Chipotle and Eli Lilly shares don’t make sense
CNBC's Jim Cramer on Wednesday reminded investors that not all market moves are sensible, pointing to recent actions that he believes reflect faulty reasoning."Each day on this…
Disney stakes its claim in the upcoming Peltz board fight with an amazing quarter
Disney reported stronger-than-expected fiscal 2024 first-quarter earnings after the closing bell Wednesday as cost reductions across its many businesses boosted margins despite…
Jim Cramer says recent moves in Apple, Chipotle and Eli Lilly shares don’t make sense
CNBC's Jim Cramer on Wednesday reminded investors that not all market moves are sensible, pointing to recent actions that he believes reflect faulty reasoning."Each day on this…
PayPal issues disappointing guidance even as fourth-quarter earnings top estimates
A PayPal sign is seen at its headquarters in San Jose, California, on Jan. 30, 2024.Justin Sullivan | Getty Images News | Getty ImagesPayPal reported better-than-expected…
Taylor Swift Eras Tour film to stream exclusively on Disney+ starting March 15
Taylor Swift performs during opening night of her The Eras Tour at Soldier Field in Chicago on June 2, 2023.Chicago Tribune |Getty…Ready for it?Taylor Swift's filmed Eras Tour has…
ESPN will launch its flagship direct-to-consumer service in the fall of 2025
A detail view of a broadcast camera is seen with the NFL crest and ESPN Monday Night Football logo on it during a game between the Chicago Bears and the Minnesota Vikings at…
74% of Americans are confident they’ll be able to retire by 64—here’s how much they’ll need to save…
Many Americans want to retire before turning 65, and they're pretty optimistic about achieving that goal.Nearly three quarters of American adults — 74% — are confident they'll be…