Business

In this article RACE-IT RACE Follow your favorite stocksCREATE FREE ACCOUNT Car key for the Ferrari Purasangue SUV Adam Jeffery | CNBC Ferrari topped Wall Street’s top- and bottom-line earnings expectations for the fourth quarter to finish off a record year of profits for the luxury sports car manufacturer. The automaker reported a net profit

Wilson products at the Paragon Sports store in the Chelsea neighborhood of New York on Jan. 4, 2024. Jeenah Moon | Bloomberg | Getty Images Amer Sports, the Finnish athletic company behind the Wilson tennis racket and Arc’teryx, debuted on the public markets Thursday with a 5% pop after pricing its initial public offering at

In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT A Peloton Bike inside a showroom in New York, US, on Wednesday, Nov. 1, 2023. Peloton Interactive Inc. is scheduled to release earnings figures on November 2. Michael Nagle | Bloomberg | Getty Images Peloton managed to turn a gross profit off of its pricey

In this article ADS-FF ADS-DE Follow your favorite stocksCREATE FREE ACCOUNT Shoes are offered for sale at an Adidas store in Chicago on Feb. 10, 2023. Scott Olson | Getty Images Adidas announced on Wednesday that it won’t write off the majority of its unsold Yeezy inventory and instead plans to sell the remaining shoes

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Byron Allen, founder, chairman and CEO of the Allen Media Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | AFP | Getty Images Byron Allen, the media mogul offering $14 billion for Paramount Global,

The PGA Tour logo is seen during the third round of the Travelers Championship at TPC River Highlands in Cromwell, Connecticut, on June 24, 2017. Fred Kfoury | Icon Sportswire | Getty Images A U.S. consortium has agreed to invest up to $3 billion into the PGA Tour, the professional golf organization announced on Wednesday.

In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT A worker carries bananas inside the Walmart Supercenter in North Bergen, New Jersey. Eduardo Munoz Alvarez | AP Walmart announced a three-for-one stock split on Tuesday as the retailer’s shares sit just below their all-time high. The company said the additional shares will be payable

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT A Starbucks coffee cup sits on a table at one of the coffee chain’s locations in Miami, Florida, on June 11, 2021. Joe Raedle | Getty Images News | Getty Images Starbucks on Tuesday reported quarterly earnings and revenue that missed Wall Street’s expectations as

In this article UPS Follow your favorite stocksCREATE FREE ACCOUNT A United Parcel Service truck searches for a house driving along the coast of Cape Cod on July 24, 2023 in Orleans, Massachusetts.  Robert Nickelsberg | Getty Images UPS fell short of Wall Street revenue estimates Tuesday, reporting drops in shipping volume, both internationally and

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Starbucks is launching its beverages called Oleato in all U.S. stores. Courtesy: Starbucks Starbucks is launching its olive oil-infused drinks in all U.S. stores beginning Tuesday, the company said. The beverages, named Oleato, debuted in Italy in February 2023 after former CEO Howard Schultz visited