Articles from www.cnbc.com

Articles from www.cnbc.com

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)
2025-5-15 IPO

Perplexity partners with PayPal to let US customers book travel, buy products, and secure concert tickets via Perplexity's chatbot (www.cnbc.com)
2025-5-15 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)
2025-5-14 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)
2025-5-14 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)
2025-5-14 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)
2025-5-14 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)
2025-5-14 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)
2025-5-13 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)
2025-5-10 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)
2025-5-9 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)
2025-5-9

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)
2025-5-9 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)
2025-5-9 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)
2025-5-8

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)
2025-5-8 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)
2025-5-7 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)
2025-5-7 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)
2025-5-7 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)
2025-5-7 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)
2025-5-7 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)
2025-5-7 CFTC

Amazon's Zoox says it temporarily paused all driverless vehicle operations after a crash in Las Vegas on April 8 and issued a software recall for 270 robotaxis (www.cnbc.com)
2025-5-7 Amazon Vegas

Filing: Uber acquires an 85% stake in Turkish food delivery platform Trendyol GO for ~$700M cash, set to close in H2 2025; Trendyol GO had 200M+ orders in 2024 (www.cnbc.com)
2025-5-6 Uber

DoorDash reports Q1 revenue up 21% YoY to $3.03B, below $3.09B est., total orders up 18% YoY to 732M, and a $193M net income, up from a $23M loss in Q1 2024 (www.cnbc.com)
2025-5-6

TeleMessage parent company Smarsh says it is “investigating a potential security incident” and suspended all of its services “out of an abundance of caution” (www.cnbc.com)
2025-5-6

Trump has two crypto-focused dinners this month, for political donors and for $TRUMP holders; Chainalysis: trading fees alone have made $TRUMP insiders $324M+ (www.cnbc.com)
2025-5-6 Trump

Veza, which helps company administrators manage employee access to applications and data, raised a $108M Series D led by NEA at a valuation of just over $800M (www.cnbc.com)
2025-5-3

Temu stops shipping products from China directly to US shoppers and lists only products shipped from US warehouses, as Trump closes the de minimis exemption (www.cnbc.com)
2025-5-3 Trump China

Uber partners with Chinese self-driving startup Momenta to launch robotaxi services outside the US and China, starting with Europe in early 2026 (www.cnbc.com)
2025-5-3 China Europe Uber Startup

A US judge schedules the US government's remedies trial in the Google antitrust case regarding its advertising tech to begin on September 22 (www.cnbc.com)
2025-5-3 Google

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