Office real estate stocks tumble as AI disruption casualties in the stock market grow by the day
Real estate stocks have become the latest victim of the artificial-intelligence threat. Commercial real estate brokers are selling off for a second straight day. CBRE tumbled 13.5% in midday trading, a drop that Oppenheimer pointed out as especially alarming given that the only other times the stock has tumbled further Continue Reading
‘Exceptional’ holiday season will drive expected Q3 earnings beat
FedEx on Thursday outlined projected revenue growth over the next three fiscal years that it says will be powered by digital innovation and new business lines in Europe. The company said adjusted earnings for its third quarter are expected to exceed Wall Street estimates due to an “exceptional” holiday season Continue Reading
Stocks making the biggest moves midday: CROX, CSCO, LULU, APP
Check out the companies making the biggest moves in midday trading: Crocs — Shares of the clogs manufacturer surged 21% after Crocs reported upbeat guidance for the current quarter. The company sees adjusted earnings ranging from $2.67 to $2.77 per share, surpassing the FactSet consensus call for $2.52 per share. Continue Reading
Cisco’s memory-price warning is having ripple effects across the tech sector
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. Wall Street is lower Thursday, with declines picking up steam after the conclusion of the Morning Meeting. The market rotation into cyclicals from technology Continue Reading
Spirit Airlines sells planes, calls back furloughed flight attendants
A Spirit Airlines plane is at George Bush Intercontinental Airport (IAH) in Houston, Texas, on Dec. 29, 2025. Reginald Mathalone | Nurphoto | Getty Images Spirit Airlines, trying to emerge from its second bankruptcy in less than a year, has sold another 20 of its Airbus planes and is bringing Continue Reading
January home sales tank more than 8% with potential buyers struggling
High home prices, faltering supply and weaker consumer confidence in the economy all continue to weigh on the U.S. housing market. The chief economist for the National Association of Realtors, Lawrence Yun, is calling it “a new housing crisis.” Sales of previously owned homes in January dropped a much wider-than-expected Continue Reading
Electricity prices will keep rising on AI data center demand: Goldman
Families won’t see relief from rising electricity prices anytime soon, as demand from artificial intelligence data centers soars while power supply grows slowly, according to Goldman Sachs. Electricity prices jumped 6.9% in year over year 2025, more than double the headline inflation rate of 2.9%, Goldman analysts told clients in Continue Reading
American Airlines flight attendants to picket as frustrations grow
American Airlines flight attendants’ union plans to hold a picket outside the company’s headquarters on Thursday pushing for new leadership at the carrier, which has lagged rivals Delta Air Lines and United Airlines in profitability and punctuality. Ahead of the picket on Wednesday night, American CEO Robert Isom sought to Continue Reading
CSCO, QS, FSLY and more
Check out the companies making the biggest moves in premarket trading: Restaurant Brands — Shares gained 1.3% following the Burger King parent’s beat on the top and bottom lines . Restaurant Brands reported fourth-quarter earnings of 96 cents per share, 1 cent higher than expected, per LSEG. Revenue came in Continue Reading