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Eric Yuan, CEO, Zoom Video Communications Source: CNBC Shares of videoconferencing software company Zoom dropped as much as 10% and then pared back part of its losses in extended trading on Wednesday after the company reported earnings and guidance that exceeded analysts’ expectations. Zoom had been on a tear during the coronavirus outbreak, as companies
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A visitor holding a revolver by US manufacturer Smith & Wesson (S&W) at the IWA OutdoorClassics trade show for hunting, shooting sports, equipment for outdoor activities and for civilian and official security applications. Daniel Karmann | picture alliance | Getty Images Check out the companies making headlines after the bell. American Outdoor Brands — The gun
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Sam Zell, who made his fortune scooping up distressed assets, told CNBC on Thursday that he’s been taking advantage of the stock market’s volatility. The billionaire founder of Equity Group Investments said in a “Squawk Box” interview, “We’ve been buying some stuff that we thought was ridiculously low” in the recent coronavirus-driven sell-offs on Wall
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Confusingly named, enticingly remote and increasingly popular, the chilly island of Greenland is fast becoming the dark horse of 2020 travel destinations. Before planning their trips, most visitors know little about the Arctic destination beyond vague ideas about its misleading nomenclature — “Greenland is icy whereas Iceland is green, right?” — or its link to
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Gary Jones, the newly-elected President of the United Auto Workers (UAW), addresses the 37th UAW Constitutional Convention June14, 2018 at Cobo Center in Detroit, Michigan. Bill Pugliano | Getty Images DETROIT — Former United Auto Workers President Gary Jones was charged with embezzlement and defrauding the U.S. government as part of a multiyear corruption probe into
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Check out the companies making headlines before the bell: Zoom Video (ZM) — The video conferencing company reported earnings of 15 cents per share on revenue of $188.3 million. Wall Street was expecting earnings of 7 cents per share on revenue of $176.5 million, according to Refinitiv.  American Eagle (AEO) — The retailer’s quarterly earnings beat on
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Competition and the current U.S. economic situation are forcing Disney Parks to expand and raise prices. In 2018 Disney World raised its prices twice and switched to a dynamic pricing model. The new model prices out its early adopters in the middle class from peak park months. —————————————————— #DisneyWorld #AmusementParks #BusinessInsider Business Insider tells you
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On a remote island miles off the coast of Scotland, Mati Ventrillon makes hotly sought-after Fair Isle sweaters according to traditions that are centuries old. Made is a series of simple, gorgeous short films that demonstrate how everyday luxury objects are made, and honor the process and artisans behind them. ———- Like this video? Subscribe
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As the sustainable investing movement gains traction investors have increasingly shied away from traditional energy stocks. But ValueAct Capital’s Jeffrey Ubben believes that oil and gas companies that are working to clean up their operations can belong in portfolios focused on sustainable companies. The activist investor, who is the co-portfolio manager of the ValueAct Spring Fund,
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Nordstrom said Tuesday it is changing its leadership structure to retire its co-presidency, and naming Erik Nordstrom as its sole CEO. It announced the changes as it reported fourth-quarter earnings and sales that missed analysts’ estimates, sending shares tumbling. Its stock initially cratered more than 10% in after-hours trading following the release. Shares were recently down
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American clothing and accessories retailer American Eagle store seen in Tokyo. (Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images) Budrul Chukrut | SOPA Images | Light Rocket | Getty Images Check out the companies making headlines after the bell. American Eagle Outfitters — The clothing retailer’s stock was up 5% in extended trading after the company
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Jim Cramer Adam Jeffery | CNBC CNBC’s Jim Cramer said that the Federal Reserve‘s emergency interest rate cut on Tuesday morning makes him more concerned about the possible economic risks from the coronavirus. “It’s great that the Federal Reserve recognizes that there’s going to be weakness, but it makes me feel, wow, the weakness must
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Bentley Mulliner Bacalar Bentley Bentley on Tuesday unveiled the all-new Mulliner Bacalar, a roughly $2 million two-seat, open-air luxury sports car that features 5,000-year-old wood in its interior dashboard. The iconic British automaker, which is owned by Volkswagen, is describing the car as the “rarest two-door Bentley of the modern era.” The company is only producing
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Check out the companies making headlines before the bell Wednesday: Amazon (AMZN) — An employee in Amazon’s “Brazil” office in downtown Seattle tested positive for the coronavirus. ″We’re supporting the affected employee who is in quarantine,” Amazon told CNBC. General Electric (GE) — The industrial giant said it expects the coronavirus outbreak to shave off between $300
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In the small town of Nürburg, Germany sits the legendary race track they call “The Green Hell”. It’s the Nürburgring. Between its terrifying twists, blind corners and drops, the Nürburgring remains the ultimate driver’s challenge. The Nürburgring is an iconic 93-year-old, 13-mile race track, and arguably the world’s most dangerous. The Nürburgring is actually composed
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