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'Huge' demand for Lego products even as consumers are more cautious about spending money, Lego CEO says
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Lego revenue jumps 13% in first half of 2024

Customers at a Lego store in Shanghai, China, on Feb. 3, 2024. Costfoto | Nurphoto | Getty Images An inflation-fueled sales slump hit the toy industry in the first half of 2024, but one company is gaining market share brick by brick. On Wednesday, Lego said revenue during the first six months of the year...

American Airlines CEO Robert Isom: Not pleased with the Q2 results
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American Airlines (AAL) earnings Q2 2024

American Airlines CEO on Thursday vowed to be “diligent” in making sure capacity doesn’t outgrow demand after the carrier slashed its profit forecast for the year after a backfired sales strategy and an industrywide glut of flights that have forced airlines to discount seats. American said it expects to earn an adjusted 70 cents to...

Southwest profit falls 46% as airline takes ‘urgent’ steps to increase revenue
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Southwest Airlines (LUV) earnings Q2 2024

Southwest Airlines on Thursday forecast a potential drop in unit revenue for the third quarter as an oversupplied U.S. market has forced airlines to discount tickets during what is usually the most lucrative period of the year. Southwest said unit revenue for the current quarter could fall as much as 2% over last year and...

Watch CNBC's full interview with Disney CEO Bob Iger
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Disney (DIS) earnings report Q1 2024

LOS ANGELES — The Walt Disney Company reported better-than-expected fiscal first-quarter earnings on Wednesday as the media giant slashed costs while revenue stagnated.  Disney said it is on pace to meet or exceed its goal of cutting costs by at least $7.5 billion by the end of fiscal 2024. The company said it expects fiscal 2024...

Berkshire Hathaway Vice Chairman Charlie Munger dead at 99
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Charlie Munger, investing sage and Warren Buffett’s confidant, dies

Billionaire Charlie Munger, the investing sage who made a fortune even before he became Warren Buffett’s right-hand man at Berkshire Hathaway, has died at age 99. Munger died Tuesday, according to a press release from Berkshire Hathaway. The conglomerate said it was advised by members of Munger’s family that he peacefully died this morning at...

Disney CEO Bob Iger: We are very bullish on the future of Disney+
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Disney (DIS) earnings report Q4 2023

LOS ANGELES — Disney earnings topped expectations thanks in part to profit at ESPN+ and continued growth at theme parks, but a decline in ad revenue weighed on the top line. Disney also said it plans to continue to “aggressively manage” its cost base, increasing its cost-cutting measures by an additional $2 billion to a...

Here are Monday's biggest analyst calls: Apple, Nvidia, Tesla, Amazon, Chevron, Walmart, Adobe & more
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JetBlue (JBLU) earnings Q2 2023

A Jet Blue aircraft takes off from Long Beach Airport in Long Beach, CA. Tim Rue | Bloomberg | Getty Images JetBlue Airways slashed its 2023 outlook and warned of a potential loss in the current quarter as travelers opt for destinations abroad and the carrier grapples with the end of its partnership with American...