Tim Cook, chief executive officer of Apple Inc., during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024. Victor J. Blue | Bloomberg | Getty Images Apple announced a new iPhone model on Wednesday that is priced lower than its…
A San Francisco 49ers helmet on the field during pregame warmups before an NFL game against the Arizona Cardinals at State Farm Stadium in Glendale, Arizona, on Dec. 17, 2023. Ryan Kang | Getty Images The San Francisco 49ers may be the next National Football League franchise to sell a minority stake to private equity….
Busà Photography | Moment | Getty Images Capital gains ‘exclusion’ for your home That tax surprise stems from a special tax break, known as the “Section 121 exclusion,” that shields part of your primary home sales profits from capital gains taxes. The limits are up to $250,000 for single filers and $500,000 for married couples…
A SolarEdge Technologies logo is seen on a smartphone and a PC. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images SolarEdge shares surged nearly 16% on Wednesday despite posting a steep fourth-quarter loss of $287 million. Results were sharply down year over year, but “exceeded the Street’s very low expectations as well as…
A Carvana sign and signature vending machine in Tempe, Arizona. Michael Wayland | CNBC Carvana topped Wall Street’s top- and bottom-line expectations for the fourth quarter while guiding for another “strong” year in 2025. Carvana, as it has in the past, gave a broad guidance outlook for this year that includes growth in both retail…
Palantir co-founder & CEO Alex Karp attends meetings at the U.S. Capitol in Washington, U.S., October 18, 2023. Jonathan Ernst | Reuters The share price of Palantir fell by as much as 12.5% Wednesday after news that CEO Alex Karp had adopted a new stock trading plan, and after a report that the Pentagon has…
A United Airlines plane takes off from Ronald Reagan Washington National Airport November 23, 2021 in Arlington, Virginia. Drew Angerer | Getty Images United Airlines says travel demand has been resilient lately — except from the U.S. government. Government travel “has fallen off here post-inauguration,” United’s Chief Financial Officer Mike Leskinen said at a Barclays…
An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP | Getty Images The U.S. aviation industry on Wednesday urged Congress to approve “robust emergency funding” for air traffic control technology and staffing. Three weeks…
Hims & Hers Health announced Wednesday it has acquired New Jersey-based at-home lab testing facility Trybe Labs. The deal will allow the telehealth company to offer at-home blood draws and more comprehensive pre-treatment testing to its users. “Access to richer data allows us to deepen the insights that providers can use on our platform to…
U.S. President Donald Trump speaks at Mar-a-Lago in Palm Beach, Florida, U.S., Feb. 18, 2025. Kevin Lamarque | Reuters President Donald Trump said he may broaden the scope of U.S. tariffs on imports to include automobiles, pharmaceuticals and semiconductors. In remarks to reporters Tuesday, Trump said the duties would be around 25% and “go very…
