Articles from www.cnbc.com

Articles from www.cnbc.com

Circle announces it will offer 10M shares to the public, of which 8M will be sold by existing stockholders; CRCL drops 6%+ after hours (www.cnbc.com)
2025-8-13

CoreWeave reports Q2 revenue up 207% YoY to $1.21B, vs. $1.08B est., and net loss down 10% YoY to $290.5M; CRWV drops 5%+ after hours (www.cnbc.com)
2025-8-13

Source: StubHub now aims to hold its IPO in September after pausing plans in April; it updated its IPO prospectus, reporting Q1 revenue up 10% YoY to $397.6M (www.cnbc.com)
2025-8-12 IPO

President Trump says that he initially asked Nvidia for a 20% cut of H20 sales to China, but the number came down to 15% after Jensen Huang negotiated with him (www.cnbc.com)
2025-8-12 Trump China Nvidia

Amazon's Kuiper launches 24 satellites via SpaceX's Falcon 9 after four launch attempts were delayed by weather issues, taking its total to 102 in orbit (www.cnbc.com)
2025-8-12 Amazon SpaceX

CB Insights: the number of AI unicorns reached 498 with a combined value of $2.7T, 100 founded since 2023, and over 1,300 AI startups valued above $100M (www.cnbc.com)
2025-8-11 Startup AI

Sam Altman says OpenAI should prioritize growth and its investments in training and compute “for a long time”, even if it delays its path to profitability (www.cnbc.com)
2025-8-9

OpenStore is scaling back its e-commerce aggregation efforts, closing nearly all of its 40+ Shopify stores and rebranding under its Jack Archer menswear label (www.cnbc.com)
2025-8-8 Shopify

Pinterest reports Q2 revenue up 17% YoY to $998M vs. $975M est., 578M global MAUs vs. 574.5M est., and earnings per share below est.; PINS down 10%+ after hours (www.cnbc.com)
2025-8-8

Block reports Q2 gross profit up 14% YoY to $2.54B, vs. $2.46B est., GPV up 10% to $64.25B, raises FY gross profit forecast to $10.17B; XYZ up 10%+ after hours (www.cnbc.com)
2025-8-8

Trump signs an EO clearing a path to add alternative assets like PE and cryptocurrencies into 401(k)s, instructing the US Secretary of Labor to review guidance (www.cnbc.com)
2025-8-8 Trump Asset

The US GSA says AWS has agreed to provide federal agencies with up to $1B in discounts for cloud adoption, modernization, and training through 2028 (www.cnbc.com)
2025-8-8

An in-depth look at the rise of relationships between humans and AI companion chatbots on apps like Nomi, coinciding with a loneliness epidemic in the US (www.cnbc.com)
2025-8-7 AI chatbot

A profile of Figma CEO Dylan Field, a former Thiel fellow whose Figma stake is worth ~$6.6B after the company ended its NYSE debut week with a $71B+ market cap (www.cnbc.com)
2025-8-7

OpenAI says ChatGPT will hit 700M weekly active users this week, up from 500M in March and up 4x YoY, and now has 5M paying business users, up from 3M in June (www.cnbc.com)
2025-8-7

Palantir reports Q2 revenue up 48% YoY to $1B, vs. $940M est., and boosts full-year outlook guidance to $4.142B-$4.150B, up from $3.89B-$3.90B; PLTR jumps 5%+ (www.cnbc.com)
2025-8-7

Figma's stock dropped 27.38% to $88.60 on August 4 after last week's IPO pop; its fully diluted valuation sits at ~$56B, still almost triple Adobe's 2022 offer (www.cnbc.com)
2025-8-7 IPO Adobe

President Trump says that he plans to announce new tariffs “on semiconductors and chips” as soon as next week “because we want them made in the United States” (www.cnbc.com)
2025-8-7 Trump

Snap reports Q2 revenue up 9% YoY to $1.34B, vs. $1.35B est., 469M global DAUs, vs. 467M est., and a global ARPU of $2.87, vs. $2.90 est.; SNAP drops 15%+ (www.cnbc.com)
2025-8-7

Disney plans to launch its new flagship sports streaming service ESPN on August 21 for $29.99 per month, or $35.99 per month when bundled with Disney+ and Hulu (www.cnbc.com)
2025-8-7

Nintendo reports Q1 revenue up 132% YoY to ~$3.8B, operating profit up 4.4% to ~$378M, and 5.82M Switch 2 sales, more than double of Switch 1 in its first month (www.cnbc.com)
2025-8-1 Nintendo

Tim Cook says Apple is “significantly growing” investment in AI and reassigning staff to work on AI features, while remaining “very open to M&A” (www.cnbc.com)
2025-8-1 AI Apple Tim Cook

Coinbase reports Q2 revenue up 3% YoY to $1.5B, vs. $1.6B est., and retail trading volume up 16% to $43B, vs. $48.05B est.; COIN drops 6%+ after hours (www.cnbc.com)
2025-8-1 Retail Coinbase

Apple reports Q3 revenue up 10% YoY to $94B, its largest quarterly growth since December 2021, net income up 9% to $23.4B, and China net sales up 4% to $15.4B (www.cnbc.com)
2025-8-1 China Apple

Amazon reports Q2 ad revenue up 23% YoY to $15.7B, vs. $14.9B est., and subscription services revenue up 12% YoY to $12.2B (www.cnbc.com)
2025-8-1 Amazon

Amazon reports Q2 AWS revenue up 17.5% YoY to $30.9B, vs. $30.8B est., and AWS operating income up 8.8% YoY to $10.2B (www.cnbc.com)
2025-8-1 Amazon

Coinbase says its new “everything exchange” will include tokenized assets, stocks, derivatives, prediction markets, and more, for US users in the coming months (www.cnbc.com)
2025-8-1 Asset Coinbase

The US SEC launches Project Crypto, an initiative to “modernize” securities regulations to allow for crypto-based trading (www.cnbc.com)
2025-8-1

Figma opens at $85 on the NYSE, after selling shares at $33 in its IPO, hitting a ~$50B valuation, more than a year after Adobe's $20B failed acquisition (www.cnbc.com)
2025-8-1 IPO Adobe

Microsoft's FY 2025 report excludes the names of rivals, breaking from a common industry practice; its last report designated 25+ companies as competitors (www.cnbc.com)
2025-8-1 Microsoft

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