Hotel giant says ‘growing middle class’ boosted hotel demand despite Middle East hit
Global hotel giant IHG told CNBC a "growing middle class" is boosting travel demand, as it reported a boost in profits despite the Middle East conflict.
Investing
Deutsche Bahn: Evelyn Pallas' Five-Point Plan to Combat Operational Chaos and Delays
Deutsche Bahn CEO Evelyn Palla responds to criticism of the glitch-ridden major renovations. According to information from *manager magazin*, a five-point plan is expected to bring about improvements—and reassure the ne…
Arctic routes for giant container ships, yacht vacations for the style-conscious—that was Monday, August 10, 2026
The green, white, and red three-masted ship “Rickmer Rickmers” lies majestically at the Landungsbrücken; just this morning, on my way to the newsroom, I cycled past this Hamburg landmark once again. But the name Rickmer…
Here’s how we played the massive rebound in AI stocks this week
Here’s how we played the massive rebound in AI stocks this week AI stocks roared back to help lift two of the major averages to fresh records. Read at source
Allianz shares fall as core net income miss offsets record operating profit
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260806509750/en/
Airbnb stock soars 12% on earnings and revenue beat, strong guidance for third quarter
Airbnb reported second-quarter results that topped analysts' estimates and issued a better-than-expected forecast for the current period, citing strong demand "across all regions." The stock jumped 9% in extended tradin…
Savers Value Village thrift store launches new AI tool to price items
Savers Value Village is launching a new platform leveraging artificial intelligence to help optimize product pricing, the company told CNBC exclusively, as the tricky-to-price thrift segment gains traction around the wo…
Sweetgreen cuts full-year outlook as cyclospora fears weigh on sales
Sweetgreen on Thursday cut its full-year outlook and is now projecting steeper same-store sales declines due to diner fears of eating fresh produce during the ongoing cyclospora outbreak.
Warner Bros. Discovery reports 10% jump in streaming revenue ahead of proposed Paramount combination
Warner Bros. Discovery on Thursday said it saw record-breaking revenue growth in its streaming segment, anchored by HBO Max, ahead of increased scrutiny over its proposed merger with Paramount Skydance.
Applovin stock tanks on Q2 revenue miss
Shares of adtech giant Applovin tanked 17% on Thursday following a second-quarter revenue miss.
Peloton posts first-ever annual net profit, but shares drop as outlook disappoints
Peloton delivered its first full year of net profit and operating income in fiscal 2026, but said it expects sales to fall in the coming fiscal year as it begins to lap price increases on its hardware and subscription p…
Restaurant Brands International earnings beat as Burger King's U.S. business soars
Restaurant Brands International on Thursday reported quarterly earnings that topped analysts' expectations, fueled by strong growth for the once-struggling Burger King, both domestically and abroad.
Rheinmetall stock volatile after trimming guidance as Germany's F126 warship cancellation hits sales outlook
Rheinmetall on Thursday trimmed its 2026 guidance after a cancelled project to make large warships for the German government fell through earlier this year.
7 Gold Stocks to Buy and Hold if Bullion’s Rebound Continues
Gold is glittering, and it is time to make the most of it. While last year was a strong year for the precious metal, and has started 2026 even stronger. And after a recent pullback, prices have recovered with the market…
We're increasing our Eli Lilly price target after another beat-and-raise quarter
The strength of its GLP-1 business suggests the stock still has more room to run.
E.l.f. Beauty sees $50 million windfall in tariff refunds as profits surge 100%
E.l.f. Beauty's profits nearly doubled during its fiscal first quarter thanks to a windfall of cash it received in tariff refunds from the federal government, the company said Wednesday.
How Disney parks are bucking a travel slowdown
Disney parks are defying a slump in international travel to the U.S., posting record quarterly revenue for the company's experiences division on Wednesday.
Disney tops earnings estimates as parks and streaming offer a boost
Disney reported growth at its domestic theme parks and cruises despite mounting macroeconomic uncertainty for consumers.
Tanger CEO says World Cup drove up traffic, sales this summer
Tanger CEO Stephen Yalof said the store operator saw traffic increase in June and July due to international and domestic tourism tied to the World Cup.
CVS blows past estimates, hikes guidance as insurance unit continues to improve
CVS also announced a new collaboration with Eli Lilly that will make Zepbound and Foundayo accessible to eligible patients on the CVS Health app.
Novo Nordisk CEO defends economics of Wegovy pill as lower prices weigh on sales; shares fall 5%
Wall Street isn't convinced the Ozempic maker has a promising path back to sustainable growth as competition from Eli Lilly intensifies.
What SpaceX’s First-Ever Earnings Reveal About Its Business
The market thrilled with SpaceX's first-ever earnings report — but big slide on Wednesday might be a buy-the-dip opportunity for investors based on what Wall Street analysts are saying about their outlook.
SpaceX's AI spending unnerves Wall Street despite promises of quick payoff
In addressing Wall Street for the first time since SpaceX's IPO, executives tried to make the case that hefty AI investments are paying off within a year.
Novo Nordisk shares slide after guidance disappoints investors
U.S.-traded shares of Novo Nordisk dropped about 6% on Tuesday after the Danish drugmaker released guidance that appeared to disappoint investors.