Tag Archives: CNBC

Coinbase says it’s launching tokenized stocks, predictions markets for U.S. users in coming months

The expansion puts Coinbase in even closer competition with Robinhood, Gemini and Kraken, all of whom have tokenized equity offerings for users outside the U.S.

Posted in Tech | Tagged | Comments Off on Coinbase says it’s launching tokenized stocks, predictions markets for U.S. users in coming months

Reddit shares jump 20% on second-quarter sales and guidance beat

The company’s sales grew 78% year-over-year in the second quarter and was 17% above consensus estimates, representing the biggest beat in Reddit’s history.

Posted in Tech | Tagged | Comments Off on Reddit shares jump 20% on second-quarter sales and guidance beat

SEC debuts ‘Project Crypto’ to bring U.S. financial markets ‘on chain’

The Securities and Exchange Commission on Thursday debuted “Project Crypto,” a plan to modernize securities regulations to allow crypto-based trading.

Posted in Tech | Tagged | Comments Off on SEC debuts ‘Project Crypto’ to bring U.S. financial markets ‘on chain’

Figma more than triples in NYSE debut after selling shares at $33

Fast-growing Figma’s internet software has over 13 million users, and the customer list includes Google, Microsoft and Netflix.

Posted in Tech | Tagged | Comments Off on Figma more than triples in NYSE debut after selling shares at $33

Apple reports third-quarter earnings after the bell

The June quarter is typically Apple’s slowest of the year by sales, ahead of new device launches in September.

Posted in Tech | Tagged | Comments Off on Apple reports third-quarter earnings after the bell

Amazon earnings primer: Why AI and tariffs are key to the second quarter

The earnings report will give investors a fresh look at how Amazon is navigating tariff-related uncertainty.

Posted in Tech | Tagged | Comments Off on Amazon earnings primer: Why AI and tariffs are key to the second quarter

Arm stock tumbles on chip designer’s muted profit forecast

Arm CEO Rene Haas indicated the company plans to invest in its own chip development.

Posted in Tech | Tagged | Comments Off on Arm stock tumbles on chip designer’s muted profit forecast

Microsoft ends tradition of naming competitors in regulatory filings

Apple, Meta and Nvidia still mention their rivals in annual reports. It’s a practice that Alphabet, Amazon and Tesla gave up years ago.

Posted in Tech | Tagged | Comments Off on Microsoft ends tradition of naming competitors in regulatory filings

Figma CEO says AI superintelligence is not a looming threat to the company

Superintelligence isn’t “out of the picture,” but it would be “quite difficult” for AI to replicate Figma’s technology, Field said.

Posted in Tech | Tagged | Comments Off on Figma CEO says AI superintelligence is not a looming threat to the company

Roblox stock soars 16% after revenue beat, strong user growth

User and engagement numbers were also strong for gaming platform Roblox, with daily active users up 41% year-over-year, and hours engaged up 58%.

Posted in Tech | Tagged | Comments Off on Roblox stock soars 16% after revenue beat, strong user growth