The Blue Ghost Mission Operations Engineer, Jaxon Liebeck, showcases the Blue Ghost moon lander at Firefly Aerospace headquarters on Tuesday, Dec. 3, 2024 in Cedar Park. Houston Chronicle/hearst Newspapers | Hearst Newspapers | Getty ImagesFirefly Aerospace priced shares in its IPO at $45 on Wednesday, above its expected range.The Texas-based rocket maker will debut on the Nasdaq Thursday under the ticker symbol “FLY.” The offering raised $868 million and values the company at about $6.3 billion.Firefly filed its initial prospectus in July and upped its IPO range this week to $41 to $43 a share, from an initial range of $35 to $39.The space…
Author: usaeverydaylife
U.S. President Donald Trump speaks during an event with Apple CEO Tim Cook in the Oval Office of the White House on August 6, 2025 in Washington, DC.Win Mcnamee | Getty ImagesPresident Donald Trump said Wednesday he will impose a 100% tariff on imports of semiconductors and chips, but not for companies that are “building in the United States.”The announcement of new sector-specific tariffs shows Trump ratcheting up his efforts to pressure businesses to manufacture their products in the U.S.But specifics about the plan, such as how much U.S. manufacturing a company needs to do in order to qualify for…
Apple CEO Tim Cook, left center, escorts President Donald Trump as he tours Apple’s Mac Pro manufacturing plant in Austin, Texas, Nov. 20, 2019.Tom Brenner | ReutersApple CEO Tim Cook and President Donald Trump announced on Wednesday announced it will spend an additional $100 billion on U.S. companies and suppliers over the next four years.The company said its investment would incentivize overseas companies to buy more U.S.-made parts. The commitment is on top of a $500 billion announcement that Apple made in February.”This is the largest investment Apple has ever made in America and anywhere else,” Trump said. “As you…
Richard Christiansen traded in a life of luxury (goods) for life on the farm, though it happened in an unexpected way.A vegetable farmer he was in touch with during Covid told him they were going to “lose the farm” as all the restaurants they sold to closed. “We said bring the vegetables over and we will sell them,” Christiansen recalled in an interview at CNBC’s “Small Business Playbook.””I had spent my whole life in advertising and one farm became two, and then ten, and then 150 farms,” he said in an interview with CNBC’s Julia Boorstin at the virtual event.While…
Airbnb reported second-quarter results on Wednesday that beat analysts’ expectations. Here’s how the company did based on average analysts’ estimates compiled by LSEG:Earnings per share: $1.03 vs. 93 cents expectedRevenue: $3.10 billion vs. $3.04 billion expectedRevenue increased 13% from $2.75 billion during the same period last year. The company reported net income of $642 million, or $1.03 per share, up from $555 million, or 86 cents per share, a year earlier.In the third quarter, Airbnb expects to report revenue of $4.02 billion to $4.10 billion, or $4.06 billion in the middle of the range. Analysts were expecting $4.05 billion for the…
Snowflake and Pinterest are among a handful of companies set to surprise Wall Street when they report earnings, according to Morgan Stanley. Earnings momentum is strong. Nearly three-quarters of S & P 500 companies have reported results so far, with about 82% of the names posting beats on earnings estimates, according to FactSet. With several big-name reports slated for the month ahead, Morgan Stanley analyst Ronald Ho highlighted more than two dozen companies reporting between Aug. 5 and Sept. 2 that could boast strong earnings results. The stocks he mentioned are each rated overweight by Morgan Stanley analysts and fall…
An empty Lyft pickup area is shown as ride-share drivers hold a rally as part of a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights,” in Los Angeles on Aug. 20, 2020.Mike Blake | ReutersLyft missed second-quarter revenue estimates on Wednesday, weighed down by intensifying competition with Uber and weakening U.S. travel demand, sending its shares down about 9% in trading after the bell.Larger rival Uber Technologies, which offers ride-hailing, food and grocery delivery business globally, issued an upbeat forecast for the third-quarter earlier in the day,…
FILE PHOTO: U.S. President Donald Trump and Russian President Vladimir Putin hold a bilateral meeting at the G20 leaders summit in Osaka, Japan, on June 28, 2019.Kevin Lamarque | ReutersU.S. President Donald Trump plans to meet in person with Russian President Vladimir Putin as early as next week, the New York Times reported on Wednesday, citing two people familiar with the plan.Trump then plans to meet with Putin and Ukrainian President Volodymyr Zelenskiy together, the newspaper reported, adding that the plans were disclosed in a call with European leaders on Wednesday.”The Russians expressed their desire to meet with President Trump, and the President is open to meeting with both President Putin and President Zelenskiy. President Trump wants this brutal war…
Doordash food delivery service in New York City on Feb. 13, 2025. Danielle DeVries | CNBCDoorDash shares climbed about 5% in extended trading on Wednesday after the food delivery company reported better-than-expected earnings and revenue for the second quarter.Here’s how the company did compared to analyst estimates based on LSEG’s consensus:Earnings per share: 65 cents vs. 44 cents expectedRevenue: $3.28 billion vs. $3.16 billion expectedRevenue jumped 25% from $2.63 billion a year earlier, DoorDash said in a press release. The company reported net income of $285 million, or 65 cents a share, after recording a loss of $157 million, or 38…
Wharton School marketing professor Jonah Berger has advised Google, Nike, Apple and Coca-Cola, among other major firms, on how small language choices can be the difference between failure and success with customers and partners. The same is true for any individual, he says, whether it be at work, in business, or when seeking to influence those who surround us in personal life.”We all use language all the time, when writing emails, making presentations, talking to clients and team members,” Berger said at CNBC’s Small Business Playbook virtual event on Wednesday.”We think a lot about ideas we want to communicate, but…
