Tag Archives: CNBC

Easy returns cause big trouble for Amazon sellers, but return rates show signs of slowing

Returns are causing big trouble for Amazon sellers, leading them to hike prices and reduce business on Amazon. But some changes may be slowing return rates.

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Meta approached Perplexity before massive Scale AI deal

Meta recently invested $14.3 billion into Scale AI and tried to buy another startup called Safe Superintelligence, as CNBC previously reported.

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Why ether ETF inflows have come roaring back from the dead

Ether ETFs are on pace for their sixth consecutive week of inflows and eight positive week in the last nine, according to SoSoValue.

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Chip stocks fall on report U.S. could terminate waivers for Taiwan Semi and others

Semiconductor stocks following a report that the U.S. is considering terminating waivers that allow some chipmakers to use American technology in China.

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Tesla inks first deal to build China’s largest grid-scale battery power plant

The U.S. company posted on the Chinese social media service Weibo that the project would be the largest of its kind in China when completed.

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Everything we know about Tesla’s robotaxi launch in Austin

CEO Elon Musk has long touted a driverless robotaxi, and the pressure is on the billionaire to deliver on his promises.

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Coinbase secures EU crypto license, swaps Ireland for Luxembourg as main hub

“Luxembourg is leading the way with its pro-business climate and thoughtful approach to regulation,” Coinbase Brian Armstrong tells CNBC.

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Meta, EssilorLuxottica unveil Oakley smart glasses

Meta and EssilorLuxottica debut the Oakley Meta HSTN, which are AI smart glasses pitched toward athletes with a starting price of $399.

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Circle shares extend their rally after Senate passes landmark stablecoin bill

Shares of Circle continued to climb on Friday as investors cheered the Senate approval of its proposed stablecoin legislation, the GENIUS Act.

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Meta tried to buy Ilya Sutskever’s $32 billion AI startup, but is now planning to hire its CEO

Meta plans to hire Safe Superintelligence CEO Daniel Gross and former GitHub Nat Friedman to beef up the company’s AI team, according to sources.

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