Articles from www.cnbc.com

Articles from www.cnbc.com

Galaxy Digital, which has traded on the Toronto Stock Exchange since 2020, started trading on the Nasdaq on Friday under the ticker GLXY; the stock closed up 4% (www.cnbc.com)
11 hours ago Toronto

Anthropic received a $2.5B, five-year revolving credit line, and says annualized revenue reached $2B in Q1 2025, up from $1B in Q1 2024 (www.cnbc.com)
16 hours ago

Nvidia says it won't send GPU designs to China to be modified to comply with export controls, after a report said it is planning a research center in Shanghai (www.cnbc.com)
18 hours ago China Nvidia Shanghai

YouTube launches a weekly top podcast shows chart, tracking podcasts in the US and updated every Wednesday; The Joe Rogan Experience currently tops the chart (www.cnbc.com)
1 day ago YouTube

Proofpoint agrees to acquire German company Hornetsecurity, which specializes in managed cloud-based email security services, for $1B, set to close in H2 2025 (www.cnbc.com)
1 day ago Germany

YouTube announces Peak Points, a pilot Gemini AI feature that lets advertisers target ads to viewers when they are most engaged with a video (www.cnbc.com)
2 days ago AI YouTube

Cisco reports Q3 revenue up 11% YoY to $14.15B, vs. $14.08B est., forecasts Q4 revenue above estimates, and announces CFO Scott Herren will retire on July 26 (www.cnbc.com)
2 days ago 4Q Cisco

CoreWeave reports Q1 revenue up 420% YoY to $981.6M, vs. $853M est., and net loss of $314.6M, up from $129.2M a year earlier; CRWV jumps 9%+ after hours (www.cnbc.com)
2 days ago

Netflix says its ad-supported tier now has 94M MAUs, up from 70M in November 2024, and reaches more 18- to 34-year-olds than any US broadcast or cable network (www.cnbc.com)
2 days ago Netflix

Stock trading app eToro began trading at $69.69 on Nasdaq after pricing its IPO at $52, above its $46-$50 expected range (www.cnbc.com)
2 days ago IPO

Perplexity partners with PayPal to let US customers book travel, buy products, and secure concert tickets via Perplexity's chatbot (www.cnbc.com)
2 days ago chatbot

Tencent reports Q1 revenue up 13% YoY to ~$25B, above ~$24.3B est., net profit up 14% YoY to ~$6.6B, below ~$7.3B est., driven by gaming business growth (www.cnbc.com)
3 days ago Tencent

eToro prices its shares at $52 for its IPO, above its expected range of $46 to $50, raising nearly $310M and valuing the company at about $4.2B (www.cnbc.com)
3 days ago IPO

Google says it is testing an “AI Mode” button on the Search homepage, replacing the “I'm Feeling Lucky” button, with Labs users (www.cnbc.com)
3 days ago Google AI

Chime files for a Nasdaq IPO under the symbol CHYM, reporting 8.6M active members at the end of March, up 23% YoY, and average revenue per active member of $251 (www.cnbc.com)
3 days ago IPO

Microsoft lays off 3% of employees across all levels, teams, and geographies “to best position the company”; Microsoft employed 228K at the end of June 2024 (www.cnbc.com)
3 days ago Microsoft

Coinbase will join the S&P 500, replacing Discover Financial Services, effective before trading on May 19; COIN jumps 7%+ after hours (www.cnbc.com)
4 days ago Coinbase

Texas AG Ken Paxton says Google has agreed in principle to pay $1.375B to settle allegations of violating data privacy rights of the state's residents (www.cnbc.com)
7 days ago Google Texas

Affirm reports Q3 revenue up 36% YoY to $783M, vs. $783M est., GMV up 36% to $8.6B, above est., and forecasts Q4 revenue below est.; AFRM drops 7%+ after hours (www.cnbc.com)
8 days ago 4Q

Pinterest reports Q1 revenue up 16% YoY to $855M, vs. $847M est., MAUs up 10% to 570M, and forecasts Q2 revenue above estimates; PINS jumps 10%+ after hours (www.cnbc.com)
8 days ago

Palantir's valuation rises to $281B after its shares close up 7.85%, surpassing Salesforce and joining the top 10 largest US tech companies by market cap (www.cnbc.com)
8 days ago Salesforce

Bitcoin jumps above $100,000 for first time since February 2025, after President Trump announced a US-UK trade agreement; ether, dogecoin, and solana rose 9%+ (www.cnbc.com)
8 days ago Trump Bitcoin

AppLovin reports Q1 revenue up 40% YoY to $1.48B, vs. $1.38B est., net income up 144% to $576M, and forecasts Q2 revenue below est.; APP jumps 13%+ after hours (www.cnbc.com)
9 days ago

Sen. Blumenthal says the Permanent Subcommittee on Investigations opened an inquiry into Trump's crypto empire, calling his memecoin dinner “pay-for-play” (www.cnbc.com)
9 days ago Trump

Nvidia CEO Jensen Huang says China's AI market will likely reach ~$50B in the next two to three years, and missing out on it would be a “tremendous loss” (www.cnbc.com)
9 days ago China AI Nvidia

Leaked audio and memos: Uber CEO Dara Khosrowshahi defended increasing the RTO to three days per week at a heated all-hands meeting, saying “it is what it is” (www.cnbc.com)
10 days ago Uber

The CFPB says it will stop enforcing a Biden-era rule treating BNPL firms like credit card lenders; Affirm and other BNPL firms had opposed the rule (www.cnbc.com)
10 days ago Credit Card

Chainalysis: ~2M wallets have bought the $TRUMP memecoin, of which ~764,000 wallets have lost money and 58 have made over $10M each, totaling ~$1.1B in profits (www.cnbc.com)
10 days ago Trump

EA reports Q4 net bookings up 8% YoY to $1.8B, vs. $1.56B est., and forecasts FY 2026 bookings above estimates; EA jumps 5%+ after hours (www.cnbc.com)
10 days ago 4Q

The CFTC has moved to drop its appeal of a federal judge's ruling that had allowed Kalshi to take bets on the outcome of US political elections (www.cnbc.com)
10 days ago CFTC

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