Articles from www.cnbc.com

Articles from www.cnbc.com

Dogecoin spikes ~20% after Donald Trump announced the creation of the Department of Government Efficiency or DOGE; Dogecoin is up 153% since Election Day (www.cnbc.com)
2024-11-13 Trump

Shares of Swiggy opened up ~8% on their trading debut after the company raised $1.34B in its IPO, which became the second largest IPO in India this year (www.cnbc.com)
2024-11-13 India IPO

In an email in May, the NHTSA warned Tesla that its online posts falsely suggested that its cars are autonomous, potentially misleading and endangering drivers (www.cnbc.com)
2024-11-9 Tesla

AppLovin shares close up 46% after the company reported Q3 revenue up 39% YoY to $1.2B, vs. $1.13B est., and issued guidance well above est.; APP is up 519% YTD (www.cnbc.com)
2024-11-8

Block reports Q3 revenue up 6% YoY to $5.98B, vs. $6.24B est., gross profit up 19% to $2.25B, Cash App gross profit up 21% to $1.31B; SQ drops 6%+ after hours (www.cnbc.com)
2024-11-8

Airbnb reports Q3 revenue up 10% YoY to $3.73B, vs. $3.72B est., and Nights and Experiences Booked up 8% to 122.8M, vs. 121.4M est.; ABNB jumps 5%+ after hours (www.cnbc.com)
2024-11-8 Airbnb

Pinterest reports Q3 revenue up 18% YoY to $898M, vs. $896M est., MAUs up 11% to a record 537M, but forecasts Q4 revenue below est.; PINS drops 13%+ after hours (www.cnbc.com)
2024-11-8 4Q

Experts say President-elect Donald Trump will likely uphold the CHIPS Act, despite his campaign rhetoric, with some modifications to its implementation (www.cnbc.com)
2024-11-7 Trump

Qualcomm reports Q4 revenue up 19% YoY to $10.24B, vs. $9.9B est., guides to a strong Q1, and approves $15B in additional buybacks; QCOM jumps 7%+ after hours (www.cnbc.com)
2024-11-7 4Q

Jeff Bezos, Sam Altman, Sundar Pichai, Mark Zuckerberg, Satya Nadella, Michael Dell, and other tech leaders congratulate Trump on his election victory (www.cnbc.com)
2024-11-7 Trump Zuckerberg Jeff Bezos

Wise reports H1 2025 revenue up 19% YoY to £591.9M, profit up 55% YoY to £217.3M, and active consumer and business clients up 25% YoY to 11.4M (www.cnbc.com)
2024-11-6

GOP's Bernie Moreno, a blockchain entrepreneur, defeats Senate Banking Chair Sherrod Brown in Ohio Senate race, where crypto PACs directed $40M to defeat Brown (www.cnbc.com)
2024-11-6 Blockchain Republican Senate Entrepreneur

Dogecoin and other memecoins rise as Trump gets closer to victory; memecoins and AI-related tokens outperformed the crypto market in the lead-up to Election Day (www.cnbc.com)
2024-11-6 Trump AI

Filing: Trump Media lost $19.2M in Q3, while revenue fell 5.6% YoY to just $1.01M; DJT jumped 18.6% before closing down 1.16% on November 5 (www.cnbc.com)
2024-11-6 Trump

Super Micro's stock drops ~16% in extended trading after it issued preliminary Q1 results and Q2 guidance below est., as the company faces accusations of fraud (www.cnbc.com)
2024-11-6

Amazon receives FAA approval to fly its newer, smaller delivery drones, including beyond pilots' line of sight, and aims to ramp up deliveries near Phoenix (www.cnbc.com)
2024-11-6 Amazon Drone

Nintendo reports Q2 revenue down 17% YoY to $1.8B, net profit down 69% YoY to ~$182.5M, and lowers its fiscal Switch sales forecast to 12.5M vs. 13.5M previous (www.cnbc.com)
2024-11-5 Nintendo

Meta is extending its ban on new political ads past Election Day in the US, “until later this week” (www.cnbc.com)
2024-11-5 Ban

Google Cloud Q3 revenue grew 35% YoY to $11.35B with a 17% operating margin, outpacing AWS' 19% YoY revenue growth to $27.45B with a 38% operating margin (www.cnbc.com)
2024-11-3 Google

Amazon reports Q3 AWS revenue up 19% YoY to $27.45B, vs. $27.52B est., and AWS operating income of $10.45B, vs. $9.15B est., up from $7B in Q3 2023 (www.cnbc.com)
2024-11-1 Amazon

Apple Q4 revenue: iPhone up 6% YoY to $46.22B, Mac up 2% YoY to $7.74B, iPad up 8% YoY to $6.95B, and Wearables, Home, and Accessories down 3% YoY to $9.04B (www.cnbc.com)
2024-11-1 iPhone Apple 4Q iPad

Amazon reports Q3 AWS revenue up 19% YoY to $27.5B and AWS operating income of $10.4B, up from $7B in Q3 2023, and subscription sales up 11% to $11.3B (www.cnbc.com)
2024-11-1 Amazon

During a Reddit AMA, Sam Altman says GPT-5 likely won't come this year as OpenAI faces “limitations and hard decisions” in allocating compute resources (www.cnbc.com)
2024-11-1 Reddit

Intel reports Q3 revenue down 6% YoY to $13.28B, vs. $13.02B est., a net loss of $16.99B, and Q4 guidance above estimates; INTC jumps 10%+ after hours (www.cnbc.com)
2024-11-1 Intel 4Q

Mark Zuckerberg says Meta is “executing quite well” in building out AI infrastructure, as Meta raises the low end of its 2024 capex guidance to $38B from $37B (www.cnbc.com)
2024-10-31 AI Zuckerberg

Coinbase reports Q3 revenue up 79% YoY to $1.21B, vs. $1.26B est., a $75M net income, vs. a $2.3M loss in Q3 2023, and announces a $1B stock buyback (www.cnbc.com)
2024-10-31 Coinbase

Meta's Reality Labs posts Q3 revenue up 29% YoY to $270M, vs. $310.4M est., and a $4.4B operating loss, vs. $4.68B est.; Reality Labs has lost ~$58B since 2020 (www.cnbc.com)
2024-10-31

Microsoft reports Q1 Intelligent Cloud revenue up 20% YoY to $24.09B, vs. $24.04B est., including Azure and other cloud services up 33% YoY (www.cnbc.com)
2024-10-31 Microsoft

Super Micro's stock drops 25%+ after disclosing that auditor Ernst & Young had resigned following months of disagreement over governance and board independence (www.cnbc.com)
2024-10-31

European Data Center Association Chair says lowering water temperatures to cool AI data centers is “incompatible” with the EU's new Energy Efficiency Directive (www.cnbc.com)
2024-10-30 Europe Energy AI

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