Corona beer maker Constellation Brands names Nicholas Fink as new CEO
Constellation Brands said on Thursday it appointed Nicholas Fink as its top boss, replacing Bill Newlands, as the beermaker battles demand pressures.
Asia stock markets track losses on Wall Street as AI fears hit sentiment
Shares of office real estate and logistics firms sank after the release of AI tools that could replicate their businesses — or eat into their profit margins.
Stocks making the biggest moves after hours: Rivian, Applied Materials, Airbnb, Pinterest, DraftKings & more
These are the stocks posting the largest moves in extended trading.
Airbnb shares rise on company’s revenue beat, rosy guidance
Airbnb reported fourth-quarter results that beat on revenue and offered rosy guidance.
Top hyperscalers set to boost 2026 AI spending by 70% to $600 billion. How to play the spending boom now
Tech investors told CNBC that they were watching ‘pick-and-shovel’ infrastructure stocks, derivative power plays and semiconductor names.
DHS shutdown all but certain as Democrats and Trump White House can’t cut deal
The Department of Homeland Security is set to shut down early Saturday morning after the Senate did not pass a short-term funding deal.
Trucking and logistics stocks drop on release of AI freight scaling tool
A new tool from AI company Algorhythm Holdings has made trucking companies the latest victim of the market’s AI jitters.
Apple has worst day since April as company faces FTC scrutiny, Siri delay reports
The iPhone-maker faces reported delays in its AI assistant and pressure from FTC chair Andrew Ferguson to look into possible political bias.
Pinterest shares tank 20% on earnings miss, weak guidance
The company said it expects first-quarter sales to come in between $951 million to $971 million, trailing analyst estimates of $980 million.
Instacart stock pops 14% on revenue beat, rosy guidance
CEO Chris Rogers said Instacart’s technology and customer-oriented approach are driving more growth and engagement to the platform.