Articles from www.cnbc.com

Articles from www.cnbc.com

Super Micro files its delayed financial results with the US SEC just in time to meet the Nasdaq's listing deadline; SMCI jumps 16%+ after hours (www.cnbc.com)
2025-2-26

Chegg sues Google, saying AI Overviews hurt its traffic and revenue, as it mulls strategic options including getting acquired; CHGG drops 20%+ after hours (www.cnbc.com)
2025-2-25 Google AI

Robinhood says it received a letter from the SEC stating the agency is dropping its investigation into Robinhood Crypto, a sign of regulatory change under Trump (www.cnbc.com)
2025-2-25 Trump

Block shares closed down 17.69% on February 21, their steepest drop since 2020, after Q4 earnings missed est. and guidance for 2025 failed to reassure investors (www.cnbc.com)
2025-2-22 4Q

Coinbase says the US SEC agreed “in principle” to drop its 2023 case against the company, calling it “righting a major wrong”; COIN jumps 5% pre-market (www.cnbc.com)
2025-2-22 Coinbase

Filing: Meta approves raising executives' annual bonuses to 200% of base salary, up from 75%, as most employees' annual stock options are reportedly cut by ~10% (www.cnbc.com)
2025-2-21

Block reports Q4 revenue up 4.5% YoY to $6.03B vs. $6.29B est., gross profit up 14% to $2.31B, Cash App gross profit up 16% to $1.38B; XYZ drops 6%+ after hours (www.cnbc.com)
2025-2-21 4Q

Amazon surpassed Walmart in quarterly sales for the first time during the most recent quarter, with a revenue of $187.8B compared to Walmart's $180.5B (www.cnbc.com)
2025-2-21 Amazon Walmart

OpenAI COO Brad Lightcap says the company hit 400M weekly active users in February 2025, up from 300M in December 2024, and 2M paying enterprise customers (www.cnbc.com)
2025-2-21

Cambridge, MA-based OpenEvidence, which offers an AI chatbot to help physicians, raised $75M from Sequoia at a $1B valuation, its first outside funding round (www.cnbc.com)
2025-2-20 AI chatbot

Baseten, which helps companies launch open-source or customized AI models, raised $75M led by IVP and Spark Capital at a $825M valuation and claims 100+ clients (www.cnbc.com)
2025-2-20 AI

Intel shares close up 16.1% following a February 15 report that both Broadcom and TSMC are potentially weighing deals that could break the chipmaker in two (www.cnbc.com)
2025-2-19 Intel

Zelle's payment volume crossed $1T in 2024, the most ever for a P2P platform, user base jumped 12% YoY to 151M accounts, and the total dollars sent grew 27% YoY (www.cnbc.com)
2025-2-15 P2P

Filing: Trump Media reports 2024 revenue down 12% YoY to $3.6M and a $400M net loss, up from $58.2M in 2023; the company has a $6.6B market cap (www.cnbc.com)
2025-2-15 Trump

Sources: Mark Zuckerberg's overtures to President Trump have unsettled employees and are part of an effort to shift antitrust scrutiny off Meta and onto Apple (www.cnbc.com)
2025-2-15 Trump Apple Zuckerberg

Coinbase reports Q4 revenue up 138% YoY to $2.27B, vs. $1.88B est., transaction revenue up 194% to $1.56B, vs. $1.29B est., and trading volume up 185% to $439B (www.cnbc.com)
2025-2-14 4Q Coinbase

AppLovin reports Q4 revenue up 44% YoY to $1.37B, vs. $1.26B est., net income up 248%, ad revenue up 73%, and Q1 guidance above est.; APP jumps 27%+ after hours (www.cnbc.com)
2025-2-13 4Q

Cisco reports Q2 revenue up 9% YoY to $13.99B, vs. $13.87B est., net income down 8% to $2.43B, and FY 2025 guidance above estimates; CSCO jumps 5%+ after hours (www.cnbc.com)
2025-2-13 Cisco

Reddit reports Q4 revenue up 71% YoY to $428M, vs. $405M est., and daily active uniques up 39% YoY to 101.7M, vs. 103.1M est.; RDDT drops 13%+ after hours (www.cnbc.com)
2025-2-13 4Q Reddit

SoftBank posts a surprise Q3 net loss of ~$2.4B on ~$12.04B revenue, vs. $12.1B est., as the Vision Fund, after two profitable quarters, reports a ~$2.04B loss (www.cnbc.com)
2025-2-12

Super Micro forecasts FY 2026 revenue above est. and is “confident” it will file its delayed annual report by the Feb. 25 deadline; SMCI jumps 7%+ after hours (www.cnbc.com)
2025-2-12

Investors behind the $97.4B OpenAI bid include xAI, Baron Capital, Valor, Atreides, Vy Capital, Joe Lonsdale's 8VC, and an investment vehicle led by Ari Emanuel (www.cnbc.com)
2025-2-11

An Alabama man pleads guilty in connection with the Jan. 2024 SIM-swap hack of the SEC's X account, then used to falsely claim the SEC had approved bitcoin ETFs (www.cnbc.com)
2025-2-11 Bitcoin ETF

Sources: Anduril has signed a term sheet to raise up to $2.5B at a $28B valuation; its revenue in 2024 doubled to ~$1B and annual contract value reached $1.5B (www.cnbc.com)
2025-2-8

Elon Musk says he will rehire a DOGE staffer who resigned following the exposure of his posts advocating for racism and eugenics, after Trump endorsed the idea (www.cnbc.com)
2025-2-8 Trump Elon Musk Racism

Sources: SoftBank is set to invest $40B in OpenAI at a $260B pre-money valuation; OpenAI was last valued at $157B by private investors in October 2024 (www.cnbc.com)
2025-2-8

Amazon expects to boost its capex to $100B in 2025, largely driven by AI and up from 2024's ~$83B, on what Andy Jassy calls a “once-in-a-lifetime” opportunity (www.cnbc.com)
2025-2-7 Amazon AI

Affirm reports Q2 revenue up 47% YoY to $866M, vs. $807M est., GMV up 35% YoY to $10.1B, and active consumers up 23% YoY to 21M; AFRM jumps 10%+ after hours (www.cnbc.com)
2025-2-7

Amazon reports Q4 AWS revenue up 19% YoY to $28.8B, in line with est., and AWS operating income of $10.6B, up from $7.2B in Q4 2023 (www.cnbc.com)
2025-2-7 Amazon 4Q

WH crypto czar David Sacks says stablecoin legislation could be done in the next six months, after lawmakers introduced a bill to create a regulatory framework (www.cnbc.com)
2025-2-6

Previous Page Next Page