CNBC Business

Ferrari raised its 2026 guidance Tuesday after third-quarter revenue and adjusted earnings per share edged past Wall Street expectations.

Pfizer announced that Cecile Guegan, who has held various leadership roles at the company over the last 20 years, stepped in as CFO this month.

Versant posted third-quarter earnings that beat Wall Street expectations and reaffirmed its full-year guidance.

Taco Bell's same-store sales declined as a Cyclospora outbreak tied to lettuce served at its restaurants weighed on traffic.

Baked by Melissa is launching bite-size cupcake kits at Target as the retailer heads into the critical holiday shopping season.

Automakers including Ford, Rivian and GM are expanding 3D printing to make prototypes, factory tools and low-volume parts faster and at lower cost.

Data indicates cheap cars are selling fast, but a few lower-priced segments still saw sales drop in the third quarter. Here's what might be happening.

Starbucks' U.S. stores topped Wall Street's comparable sales expectations but its international business fell short of estimates.

Rivian also revised its 2026 guidance to mark expected improvements in its vehicle deliveries, pre-tax adjusted earnings and capital expenditures.

Norwegian said the company's bookings had "improved modestly" but remain below its optimal range.

Carnival is cutting fuel use, while Royal Caribbean and Norwegian rely on "hedging" to keep fuel costs down amid conflict in the Middle East.

Eli Lilly reported that sales of obesity drug Zepbound and diabetes treatment Mounjaro surged again in the third quarter.

Burger King's U.S. restaurants outperformed, while Popeyes disappointed.

Merck's immunotherapy Keytruda, including a newer injectable form of the drug, showed stronger-than-expected sales. 

Frontier Airlines reported a 71% jump in airfare for the third quarter and said customers continue to book

FedEx on Wednesday beat Wall Street expectations on the top and bottom lines for the third quarter of its newly aligned fiscal year.

For the first time this year, low-income consumers during the quarter outperformed the high-income cohort at its restaurants, CEO Scott Boatwright said.

Ford Motor reported earnings that beat Wall Street’s estimates but slightly missed on revenue.

European car giant Stellantis said Wednesday that it recorded a 4 billion euro ($4.5 billion) cash shortfall in the third quarter.

Autumn has traditionally been the peak time to buy vehicles in China, but this year many showrooms are empty or shut.