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Tag Archives: CNBC
Fintech’s Affirm, Paypal sink as stocks pull back from massive tariff pause rally
Fintech stocks slipped as investors refocused on margin risks, lending pressure, and a still-uncertain trade backdrop.
Amazon CEO Andy Jassy says he believes sellers will pass increased tariff costs on to consumers
Amazon CEO Andy Jassy said he thinks third-party sellers “will pass costs on” to consumers as a result of President Donald Trump’s sweeping tariffs.
Amazon CEO Andy Jassy says AI costs will come down over time even as company invests ‘aggressively’
Amazon CEO Andy Jassy released his annual letter to shareholders on Thursday.
Bitcoin to hit $250,000 this year and Magnificent 7 to adopt stablecoins, Cardano founder predicts
Bitcoin could hit $250,000 as early as this year, Cardano blockchain founder Charles Hoskinson told CNBC’s “Beyond The Valley” podcast.
Amazon delays first Kuiper internet satellite launch due to bad weather
Amazon has been working on Kuiper for six years, planning to build a constellation of broadband internet satellites.
Google reverses policy telling workers not to discuss DOJ antitrust case
Google previously directed employees not to discuss antitrust matters following the search monopoly ruling.
Apple has best day since 1998 on Trump’s 90-day tariff pause
Apple shares soared 15% on Wednesday, their seventh-best day on record.
Dot-com bust, 1987 crash had massive relief rallies similar to Wednesday’s pop
The Nasdaq had its second-best day on record on Wednesday, the kind of rally the market only sees during the worst of times.
Affirm surges 20% as fintech rallies on tariff pause, but risk remains
The fintech sector rallied Wednesday following the Trump administration’s announcement of a 90-day pause on planned tariffs.
Bitcoin surges more than 7% in broad market relief rally as Trump pauses some tariffs
Bitcoin spiked on Wednesday afternoon following after President Donald Trump said on social media that he authorized a 90-day pause on tariffs.