Shares of Super Micro fell after the company announced it will not file its annual report for the fiscal year on time.
CNBC
Broadcast Media Production and Distribution
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Welcome to CNBC's home on LinkedIn! Follow us for regular updates about financial news, top CNBC.com stories, behind-the-scenes moments and more. CNBC, Inc. provides business news in the United States and Canada. It provides real-time financial market coverage and business information. The company, through its Web site, cnbc.com, provides real-time market analysis; video programming daily; industry and topic-specific blogs; cnbc.com live stream, a long-form scheduled programming of events; charts; and investing tools. The company was founded in 1989 and is headquartered in Englewood Cliffs, New Jersey. CNBC, Inc. operates as a subsidiary of NBC Universal, Inc.
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CNBC reposted this
On Wednesday, Lego said revenue during the first six months of the year jumped 13%, reaching 31 billion Danish krone, or about $4.65 billion. Niels Christiansen, CEO of the privately held Danish toymaker, told CNBC that the company is seeing strength across its portfolio, especially with Lego Icons and Lego Creator, and through its partnership with Epic Games’ Fortnite. Last year, Lego saw a trend of consumers “trading down” or opting for lower-priced sets, while still buying the same volume as the year before. This year, volume is up, Christiansen said. What's the latest set you've put together?
Lego revenue jumps 13% in first half of 2024, boosted by Lego Fortnite and diverse brick sets
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There is a growing share of young adults not working — some feel discouraged by factors beyond their control.
'NEETs': Why some young adults are disconnected from the job market
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With college affordability now a top concern, saving for higher education is more of a priority. Here's how friends and family can help.
The gift of education: Getting friends and family to contribute to your kid’s 529 account is 'pretty darn cool'
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HMD, the company behind Nokia-branded phones, launched a Barbie-branded phone Wednesday that comes with calls and texts — but no internet.
Nokia brand owner launches Barbie phone for $130 — with no internet
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The $1 trillion threshold was crossed just two days before the "Oracle of Omaha" turns 94 years old.
Buffett's Berkshire Hathaway hits $1 trillion market value, first U.S. company outside of tech to do so
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Job hopping and a lack of direction give hiring managers pause when reading a resume, says LinkedIn. Here's how to make those work for you.
37% of hiring managers say job-hopping is a red flag: 'Don't make apologies for it,' says LinkedIn career expert
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Robert Kraft, New England Patriots owner and Kraft Group chairman and CEO, discusses NFL owners voting to allow select private equity firms to invest at up to 10% of a team stake and what this means for the NFL teams and the league at large. For more details: cnb.cx/3Moux8d
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Netflix's Marc Randolph stepped down as CEO after a tough conversation with his co-founder, Reed Hastings. It was the smartest decision he made at the company, he says.
Netflix co-founder: Stepping down as CEO ‘was probably the smartest decision I ever made’ at the company
cnbc.com
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Target said that sales grew about 3% in its fiscal second quarter, a return to growth after a prolonged stretch of sluggish sales and squeezed profits. Walmart’s quarterly revenue grew nearly 5%, as the company’s stores and website drew more visits, and sales outside the grocery department improved. Two investors weigh in on whether there is more upside for Walmart and Target after the earnings: cnb.cx/3WVXGMV
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