Posts by CNBC (old posts, page 6)
"Higher tariffs will eventually cause higher costs for all our products for the US market," Adidas said in a statement.
Euro zone economy expands by better-than-expected 0.4% in the first quarter
The figure was ahead of the 0.2% forecast in a Reuters poll of economists, and comes amid severe tariff headwinds.
Snap plunges 13% on 'headwinds' to start quarter, inability to offer guidance
Snap did not offer an outlook for the second quarter, citing macroeconomic uncertainties.
Starbucks' earnings disappoint, but we're not giving up on the stock. Here's why
The stock's losses accelerated during Tuesday night's earnings call.
Novo Nordisk opens weight loss drug Wegovy to telehealth; Hims & Hers shares rocket 23%
Novo Nordisk is racing to capture more patients now that many compounding pharmacies are restricted from making Wegovy copycats, with rare exceptions.
Oddity Tech soars 15% after it raises outlook despite tariff threat
Il Makiage owner Oddity Tech saw another quarter of outsized growth, leading it to raise its guidance even as the threat of tariffs swirl.
JetBlue to partner with another U.S. airline in the coming weeks, president says
JetBlue plans to partner with a U.S. carrier in the coming weeks.
Coke keeps full-year forecast, says it expects tariff disruptions to be 'manageable' after Pepsi cuts earnings outlook
Coke beat first-quarter earnings estimates, and unlike rival Pepsi, maintained its full-year outlook as it expects cost hikes from tariffs to be "manageable."
PayPal reports first-quarter earnings beat, maintains forecast
PayPal reported better-than-expected earnings in the first quarter but missed on revenue.
Pfizer CEO says tariff uncertainty is deterring further U.S. investment in manufacturing, R&D
It comes as drugmakers brace for Trump's levies on pharmaceuticals imported into the U.S. – his administration's bid to boost manufacturing in the country.