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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.
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.
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.
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.
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.
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.
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.
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.
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.
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%.