Business news

Business news • Apr 29

Here's How Much Traders Expect Apple Stock to Move After Earnings

Apple is slated to release its quarterly results Thursday to wrap up a busy week of Big Tech earnings.

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Business news • Apr 29

Tech giants’ results show rosy outlook for AI boom and US stock market

Google, Microsoft and Amazon report gains in cloud-computing businesses while Meta spending draws concern.

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Business news • Apr 29

Dow Slips, Oil Touches Wartime Highs With Iran Conflict Threatening Higher Inflation

The Dow Jones Industrial Average slipped, bond yields rose and energy prices touched wartime highs as Jerome Powell took the podium for the last time as...

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Business news • Apr 29

More diners are eating at Chipotle despite higher prices, bucking Wall Street’s concerns about restaurants

Chipotle Mexican Grill's quarterly earnings results on Wednesday showed that consumers were still willing to dine out despite a surge in gas prices last...

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Business news • Apr 29

Alphabet tops Q1 estimates on strong Google Cloud growth

Google parent Alphabet (GOOG, GOOGL) reported its first quarter results on Wednesday, beating on the top and bottom lines, on strong cloud growth.

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Business news • Apr 29

Talks to bail out Spirit Airlines stall as company teeters toward collapse

Spirit Airlines only has enough available cash to continue operations for a matter of days, not weeks, and talks for a government-backed rescue of the...

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Business news • Apr 29

Q1 2026 earnings call: Remarks from our CEO

Editor's note: On today's Q1 2026 earnings call, Google and Alphabet CEO Sundar Pichai recapped a terrific start to the year, with our AI investments and...

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Business news • Apr 29

Chipotle rallies after posting a surprise positive comp for Q1 (CMG:NYSE)

Chipotle Mexican Grill (CMG) rallied in after-hours trading on Wednesday after posting positive comparable sales growth. Total revenue was up 7.4% year over...

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Business news • Apr 29

U.S. Gas Prices Climb Further as Effects of Iran War Reverberate

Crude oil prices hit a fresh high since the start of the war in Iran, as energy supplies from the Middle East remain disrupted.

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Business news • Apr 29

The shocking moment Birmingham restaurant workers saw an empire collapse: ‘A real blow to the spirit’

If you really love a place, it's still worth it for you to show up and support it. It doesn't take much now for something that you really love to disappear.

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Business news • Apr 29

Chipotle reports surprise sales beat as it lures back customers with high-protein menu

Chipotle (CMG) reported that sales improved in the first quarter on Wednesday as the burrito chain aimed to regain momentum amid a tricky consumer backdrop.

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Business news • Apr 29

Oil prices keep spurting higher, but US stocks hold near their records

More jumps for oil prices sent tremors through the bond market, along with hints that some Federal Reserve officials don't want to cut interest rates any...

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Business news • Apr 29

Chipotle Sales Beat as Chicken, Extra Protein Lure in Diners

Chipotle Mexican Grill Inc. eked out higher sales last quarter, suggesting the chain is starting to win back diners who previously balked at the rising...

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Business news • Apr 29

Meta stock sinks as company raises 2026 AI spending forecast to $125 billion-$145 billion

Meta Platforms (META) stock fell late Wednesday after the company announced plans to increase its AI spending, partially as a result of higher input costs,...

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Business news • Apr 29

Meta shares fall on concerns over AI spending, legal scrutiny

Meta Platforms raised its annual capital spending forecast on Wednesday, signaling plans to pour billions more into artificial intelligence infrastructure...

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Business news • Apr 29

United Arab Emirates Will Leave OPEC May 1—Trump Says It's 'Great'

President Donald Trump, a longtime critic of the Organization of the Petroleum Exporting Countries (OPEC), who has accused the group of "ripping off the...

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Business news • Apr 29

Chipotle posts surprise same-store sales growth in early sign chain could be breaking its slump

Chipotle posted surprise same-store sales growth in the first quarter, in an initial sign it could be starting to break out of its slump.

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Business news • Apr 29

New York City's First Full Casino Opens

New York City gamblers no longer have to leave town for a live hand of blackjack. Resorts World New York City in Queens on Tuesday became the city's first...

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Business news • Apr 29

Oil Charges Toward $120 With No End in Sight to US-Iran War

Oil surged to the highest since June 2022, with no end in sight to the US-Iran conflict or choked-off energy flows through the Strait of Hormuz,...

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Business news • Apr 29

PayPal's new CEO makes Venmo a standalone business unit as potential buyers circle

PayPal is separating Venmo into its own standalone unit for the first time, part of a broader reorganization that creates three distinct segments, CNBC has...

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