Microsoft shares slip on weak quarterly revenue guidance
Economy

Microsoft shares slip on weak quarterly revenue guidance

Satya Nadella, CEO of Microsoft, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Microsoft shares tumbled as much as 5% in extended trading Wednesday after the software company issued fiscal second-quarter results that included lighter growth in Azure cloud computing services than […]

Levi’s CEO says the ‘head-to-toe denim lifestyle’ is seeing success
Economy

Levi’s CEO says the ‘head-to-toe denim lifestyle’ is seeing success

In a Wednesday interview with CNBC’s Jim Cramer, Levi Strauss CEO Michelle Gass said the popularity of “top-to-bottom” denim outfits is growing. “Our new focus is, yes, continuing to own jeans, but taking that denim top to bottom,” she said. “Things like denim skirts and denim dresses — which, historically, have not been big businesses […]

Japan’s yen weakened to a near 38-year low; Asia-Pacific markets open lower
Economy

Japan’s yen weakened to a near 38-year low; Asia-Pacific markets open lower

Employees work at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Jan. 4, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets fell on Thursday, as the Japanese yen weakened to a near 38-year low late Wednesday, hitting 160.82 against the U.S. dollar, according to FactSet […]

Micron shares slide after revenue forecast fails to top estimates
Economy

Micron shares slide after revenue forecast fails to top estimates

Sanjay Mehrotra, Micron Technology President & CEO at the WEF in Davos, Switzerland on May 24th, 2022. Adam Galica | CNBC Micron shares fell about 7% in extended trading on Wednesday as investors looked past better-than-expected results and focused instead on a revenue forecast that was in line with estimates. Here’s how the company did versus […]