Linde on Friday reported better-than-expected quarterly results Thursday, showcasing what the industrial gas giant does best when times get tough. Revenue for the first quarter ended June 30, increased roughly 3% versus the year-ago period, coming in at $8.5 billion, ahead of the the LSEG compiled analysts’ consensus estimate of $8.35 billion. Adjusted earnings per share rose just over 6% year over year to $4.09, also outpacing the $4.03 expected, according to LSEG. Bottom line Linde delivered in a difficult operating environment — which is exactly why you own the stock. The company is a critical supplier so high up…
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Jose Luis Pelaez Inc | Digitalvision | Getty ImagesHealth care remained a resilient sector for jobs in July even as the broader labor market showed further signs of slowing, data from the Bureau of Labor Statistics released Friday shows.Health care and social assistance saw 73,300 jobs added last month, far and away the most growth of any group in the period. When including private education with the health-care group, as some economists do, that growth would have increased to 79,000 for the month.Nonfarm payrolls in July grew by 73,000, meaning that health care accounted for virtually all of those gains…
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025.CNBCBerkshire Hathaway on Saturday reported a small decline in second-quarter operating earnings as Warren Buffett’s conglomerate warns of negative impacts from steep U.S. tariffs.Berkshire’s operating profit — those from the company’s wholly owned businesses including insurance and railroads — dipped 4% year over year to $11.16 billion in the second quarter. The results were impacted by a decline in insurance underwriting, while railroad, energy, manufacturing, service and retailing all saw higher profits from a year ago.The Omaha-based conglomerate once again issued a stern warning…
Emmy, a 31-year-old living in Los Angeles, has been in a credit card debt cycle — racking up balances, paying a card off and then maxing it out again — since she was 18. When Emmy, who uses a pseudonym online to protect her privacy, started sharing her debt journey on TikTok in March, her total balanced exceeded $28,000.”I know this is my fault,” she tells CNBC Make It. “I was always the friend that’d be like, ‘Shots on me,’ or ‘Oh, don’t worry, I got it’ or ‘Just pay me next time,'” she says, adding that she wouldn’t always follow…
Chipotle Mexican Grill’s new Adobo Ranch dipSource: Chipotle Mexican GrillRestaurant brands are hoping hot new menu items will drive visits among younger costumers. Hot, in this case, is literal.Spicy items like chicken sandwiches, seasoned sides and sauces are cropping up more often on menus at major fast-casual and quick-service chains. The idea is to introduce easy-to-execute and buzzy options that can capture the attentions of Gen Z and Gen Alpha diners, even if it’s only a flash in the pan.One of those companies was Chipotle, which in June introduced Adobo Ranch, its first new dip in five years, as a…
Bank of America highlighted a slate of stocks that have plenty of upside following quarterly reports. The firm said shares of companies like Microsoft still have room to run after earnings . Other buy-rated names include Delta Air Lines, Domino’s Pizza, Procter & Gamble and Levi Strauss. Delta Air Lines Shares of Delta are down 15% in 2025, but they’re too compelling to ignore, according to analyst Andrew Didora. He said he’s standing by the stock following the company’s latest earnings report . Delta continues to see robust strength in its premium services despite an uncertain consumer environment, Didora said.…
The future ticket counter at JFK’s new Terminal 1.Leslie Josephs/CNBCIt’s far from finished but the new, $9.5 billion Terminal 1 at John F. Kennedy International Airport is taking shape. Its first phase is slated to open in mid-2026.It will replace the current terminal, which opened in 1998.The terminal, which will be JFK’s largest, is now weathertight. Winding baggage conveyor belt structures have been installed, and you can make out future ticket counters, where customers flying carriers like Turkish Airlines, Air New Zealand, Etihad Airways, Air China, Taiwan’s China Airlines and others will set down their luggage and show their passports…
A federal appeals court ruled Friday night to uphold a lower court’s temporary order blocking the Trump administration from conducting indiscriminate immigration stops and arrests in Southern California.A three-judge panel of the Ninth U.S. Circuit Court of Appeals held a hearing Monday afternoon at which the federal government asked the court to overturn a temporary restraining order issued July 12 by Judge Maame E. Frimpong, arguing it hindered their enforcement of immigration law.Immigrant advocacy groups filed suit last month accusing President Donald Trump’s administration of systematically targeting brown-skinned people in Southern California during the administration’s crackdown on illegal immigration. The…
Stocks that saw gains in recent days could be at risk of sliding, according to one popular technical indicator. Major U.S. indexes tumbled Friday on fears that the economy could be headed toward a slowdown, after July’s jobs data came out far weaker than expected and President Donald Trump rolled out modified tariff rates . This week, the S & P 500 lost about 2.4%, while the tech-heavy Nasdaq Composite tumbled 2.2%. The Dow Jones Industrial Average shed 2.9%. After this week’s rocky performance, CNBC Pro used its Stock Screener tool to identify the market’s most overbought and oversold stocks…
Inside one of Equinix’s internal operations at Equinix Data Center in Ashburn, Virginia, on May 9, 2024.Amanda Andrade-Rhoades | The Washington Post | Getty ImagesCompany: Equinix Inc (EQIX)Business: Equinix is a real estate investment trust and operator of 270 data centers in 75 metro areas around the globe, providing carrier-neutral collocation and interconnection services to networks, cloud providers, enterprises and hyperscalers. The company’s platform combines a global footprint of International Business Exchange (IBX) and xScale data centers that support a customer’s need to implement, operate and maintain its collocated deployments. Equinix’s data centers are primarily located in key end-user markets…
