JAIPUR, India — On the edge of Jaipur, an Indian city known for its colorful bazaars and palaces, a bustling industrial complex is the epicenter of the country’s push to compete with China in making components for solar technology. India, the world’s most populous nation, is jockeying for market share against the global leader in…
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The New York Stock Exchange on Aug. 26, 2025. Brendan McDermid | Reuters The August jobs report on Friday is expected to confirm the labor market is weakening. Just by how much is what will matter to investors. It can’t be too slow, nor can it be too hot. Wall Street is on edge heading…
Check out the companies making headlines before the bell: Salesforce — The cloud company slipped 7% after Salesforce guided for third-quarter revenue to come in between $10.24 billion and $10.29 billion, lower than the $10.29 billion analysts polled by LSEG had estimated. However, Salesforce posted a second-quarter beat on both the top and bottom lines….
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Material moves Nearly 99% of S&P 500-listed companies have reported earnings for the quarter, according to FactSet. Several key names released results after the bell yesterday, including…
WASHINGTON (AP) — President Donald Trump will host a high-powered list of tech CEOs for a dinner at the White House on Thursday night. The guest list is set to include Microsoft cofounder Bill Gates, Apple CEO Tim Cook, Meta CEO Mark Zuckerberg and a dozen other executives from the biggest artificial intelligence and tech…
Macy’s posted fiscal second-quarter earnings Wednesday that easily topped Wall Street’s expectations, as it said revamped stores helped sales trends. The department store operator also raised its full-year earnings and sales guidance. It now expects adjusted earnings of between $1.70 and $2.05 per share, compared with $1.60 to $2 per share, and revenue between $21.15…
The chief financial officer of Elon Musk’s xAI reportedly left the company after just a few months on the job – the latest in a series of high-profile executive exits that have thinned out its ranks. Mike Liberatore, a former executive at Airbnb, left the CFO post in July, the Wall Street Journal reported, citing…
US retailer Macy’s forecast annual net sales will be between $21.15 billion and $21.45 billion, up on previous expectations and said it would increase prices selectively to soften the tariff hit from its reliance on manufacturing in China. Its new sales forecast was up from previous expectations of annual sales coming in between $21 billion…
Check out the companies making headlines in premarket trading. Alphabet — The parent of Google and YouTube jumped more than 6% after a federal judge ruled that Alphabet can keep its Chrome browser. But Google won’t be able to sign exclusive search deals and also has to share its data, the ruling said. Macy’s —…