Tag: Breaking News: Business
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FedEx posts strong earnings results in last quarter with freight business
FedEx posted strong fiscal fourth quarter earnings on Tuesday in the company’s last quarter that included the freight business before its spin-off.
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JPMorgan says Amazon Prime is worth 10x what members pay — a compelling case to hike fees
An annual Amazon Prime membership is becoming more valuable at the exact moment that subscriber growth is getting harder to come by.
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SpaceX seeing some interest from short sellers, but many still afraid to bet against Musk
About 40 million SpaceX shares are sold short, roughly 5% to 7% of the shares that are publicly available to trade, according to an estimate by S3 Partners.
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These 2 stocks are on our radar — here’s what it will take for us to buy
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
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Amazon Prime Day arrives earlier this year. Here’s why Wall Street is watching closely
This year could see a major drive to everyday essentials, a growing category for the e-commerce giant’s annual shopping event.
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‘Reward for failure’: Investor support for Target chair Brian Cornell falls to lowest level ever
Target chair Brian Cornell built the retailer into a $100 billion-plus giant, but recent struggles and underperformance have fueled investor calls for change.
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Lucid to lay off roughly 18% of U.S. workforce, COO Marc Winterhoff leaves
Lucid Group is cutting its U.S. workforce by 18% as part of a cost-savings plan. It also said COO Marc Winterhoff is departing effective immediately.
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SpaceX makes bond sale days after record IPO, discloses over $100 billion cash pile
SpaceX on Monday unveiled a senior unsecured notes offering and said it held about $100.8 billion in cash.
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UPS to invest $48 million in temperature-controlled facilities amid healthcare boom
UPS is announcing a new investment in healthcare logistics as demand for the temperature-controlled category booms, CNBC has learned exclusively.
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Pixar’s ‘Toy Story 5’ lassos biggest opening weekend in franchise history with $160 million haul
Disney and Pixar’s “Toy Story 5” tallied $160 million domestically during its opening weekend, the highest debut in franchise history.
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