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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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. 

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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.

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