Starbucks raises full-year outlook as same-store sales climb 7.9%

Here are the five big takeaways from this week's Fed meeting

The Federal Reserve on Wednesday followed through on expectations for no interest rate change.

CNBC • 31 minutes ago

Carvana stock falls 15% as auto retailer's 2026 earnings guidance misses Wall Street's expectations

Carvana said Wednesday it expects earnings of between $2.7 billion and $3 billion this year after reporting record quar…

CNBC • 41 minutes ago

Meta’s Reality Labs lost over $4.6 billion in second quarter

Meta's Reality Labs unit, which develops virtual reality and wearable devices, continues losing money.

CNBC • 55 minutes ago

Value stocks get a moment in the sun: 'Sell semis, buy ketchup'

Value has outperformed this year, as investors pivoted toward companies more exposed to the real economy.

CNBC • 1 hour ago

Starbucks stock jumps as coffee giant raises full-year outlook

Starbucks posted its fourth straight quarter of same-store sales growth, as it continues a turnaround under CEO Brian N…

CNBC • 57 minutes ago

Microsoft beats Q4 cloud expectations as full-year Azure revenue tops $100 billion

Investors are looking to see if Microsoft follows Alphabet in raising its capital spending plans

CNBC • 59 minutes ago