Shares of Planet Fitness plunged Thursday after the fitness company slashed its guidance and canceled planned price hikes.
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Boeing CEO Kelly Ortberg is expected to join President Donald Trump on his visit to China next week, a source familiar with the planemaker’s plans told CNBC.
The combined company would need to maintain an investment-grade credit profile, GameStop’s mysterious financing letter said.
Shivon Zilis, a former OpenAI board member who has four children with Musk, testified that the Tesla CEO wanted the AI startup to join his EV company.
The U.S. is locked into a heated rivalry with China and a race to lead AI innovation.
“Do I think he’ll cut rates? No chance,” Jones said during a wide-ranging CNBC “Squawk Box” interview.
Cox Automotive reports affordability remains a key concern for buyers, which is driving increased demand for older vehicles as well as all-electric vehicles.
The billionaire hedge fund manager said the market may still be in the middle innings of an AI-driven rally.
Shares of McDonald’s have fallen 10% over the last year, hurt by concerns about the broader economy.
Peloton CEO Peter Stern told CNBC that the company believes raising prices on its subscriptions was a value-driven move.