Nike was once China's sneaker king. Here's why its sales have fallen 30%
China was once Nike's fastest-growing region but the company has lost relevance among young consumers and ceded market share to smaller, domestic brands.
Iran launches surprise ballistic missile attack on U.S. forces in the Middle East
Centcom in a post on X said that the attack originated from Iran, but all missiles were intercepted.
Procter & Gamble revenue misses estimates as volume stays unchanged
Procter & Gamble reported quarterly earnings per share that topped Wall Street's estimates, but its revenue fell short of expectations.
Tim Cook’s last earnings call comes at momentous time for Apple with stock at record
Apple just hit a $5 trillion market cap for the first time, but CEO Tim Cook still has plenty of concerns to address on his final earnings call at the helm.
Inside the financial network managing Trump's $858 million investment portfolio
JPMorgan, Schwab, UBS and Stephens Inc. are among the firms that have managed Trump's fortune in accounts worth at least $858 million, a CNBC analysis found.
Cyclospora outbreak tied to Taco Bell will steal the spotlight from Yum Brands' earnings
Wall Street is projecting a strong second quarter for Yum Brands, but investors' focus will be on updates related to the cyclospora outbreak tied to Taco Bell.
Ukraine has found a new pressure point in Russia’s wartime economy
Ukraine's drone attacks on Russia's biggest online retailer Wildberries have ratcheted up the pressure on Moscow's wartime economy.
Warren probes Pentagon program to hire highly paid private sector workers
Sen. Elizabeth Warren, D-Mass., said she is concerned about a Pentagon program to pay high salaries to Wall Street recruits.
YES Network, MSG Networks to exit Gotham app for DAZN streaming service
The regional sports networks that air games for local New York and New Jersey teams, including MLB's Yankees and NHL's Rangers, will have a new streaming home.
Audi continues U.S. product push with three-row Q9 SUV
Audi sales have struggled in the U.S. over the last several quarters. The brand has been hit by tariffs and a market shift away from EVs. New product may help.
UBS CEO says the AI pullback is healthy — but there’s a bigger risk investors should watch
The Swiss banking gian reported pre-tax profits of $3.6 billion for the quarter, as CEO Sergio Ermotti warned of geopolitical volatility ahead.
SK Hynix shares tank as exponential earnings growth fails to satisfy AI-charged expectations
SK Hynix shares fell as exponential profit and revenue growth failed to meet analysts' lofty expectations for a darling of the artificial intelligence sector.
Why America's super rich have embraced the appeal of British soccer teams
American investors now control more than half the Premier League. CNBC examines why U.K. soccer clubs have become attractive long-term assets.
Chip stocks shed more than $1 trillion as selloff hits companies powering AI boom
Nvidia, SK Hynix and Samsung Electronics have led the selloff since market close on Friday.
Corning plunges despite strong quarterly results — here's our plan for the stock
Corning is a broken and hated stock, despite its solid performance and growth prospects.
Jim Cramer says Wall Street is fleeing the AI trade and buying these stocks instead
CNBC's Jim Cramer said investors are rotating out of memory-chip winners and into companies with growth outside the data center buildout.
Trump, DOJ ask Supreme Court to toss $83.3M defamation award to E. Jean Carroll
The Supreme Court recently rejected President Donald Trump's bid to hear his appeal of another $5 million verdict in favor of Carroll.
Elon Musk's xAI sues Minnesota over law to ban 'nudify' apps
Elon Musk's xAI, now owned by SpaceX, is challenging a law that would ban so-called nudify apps in Minnesota
Senate confirms Jay Clayton as Trump's director of national intelligence, replacing Pulte
Bill Pulte had been serving for months as DNI after Tulsi Gabbard resigned the post.
Visa is cutting 7% of employees in efficiency push as AI reshapes work
Visa plans to cut about 7% of its workforce, or roughly 2,600 employees, as CEO Ryan McInerney seeks to streamline the payments giant.
U.S. Strategic Petroleum Reserve faces stress as emergency releases strain old infrastructure
The reserve has an authorized storage capacity of 714 million barrels, according to the Department of Energy.
EBay, former execs to pay $56 million in blogger harassment and stalking case
Ina and David Steiner run a popular ecommerce blog that had angered eBay executives due to its critical coverage.
Ford raises guidance after Q2 earnings beat, says F-Series recovery is on track
Ford cited operational improvements, resilient vehicle pricing and a high sales mix of profitable products for its performance and the improved guidance.
Kentucky Gov. Beshear calls on Mitch McConnell to prove he can serve or resign
McConnell’s prolonged absence could complicate the GOP’s narrow Senate majority and trigger an untested Kentucky vacancy process.