Tag Archives: CNBC

Waymo, Toyota strike partnership to bring self-driving tech to personal vehicles

It comes after Alphabet CEO Sundar Pichai said the company is exploring personal ownership of vehicles with Waymo technology.

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Super Micro shares dive after server maker issues weak preliminary financials

Super Micro blamed lower-than-expected preliminary results on decisions from clients during the quarter.

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Snap plunges 15% on ‘headwinds’ to start quarter, inability to offer guidance

Snap did not offer an outlook for the second quarter, citing macroeconomic uncertainties.

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Why Lennar is betting on a startup building backup batteries for Texas homes

Base Power is a Texas-based startup, backed by Lennar, that rents batteries to homeowners and then manages the power going into and out of the home.

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SpaceX loses bid to control beach access near launch facility in Texas

SpaceX may soon have its company town along the Texas Gulf Coast, but lawmakers have declined to give it control over a public beach.

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Shift4 shares surge 11% on earnings beat as fintech stocks climb on results and upgrades

Fintech stocks moved higher Tuesday following a wave of earnings and analyst calls. Shift4 Payments, Upstart and PayPal each saw gains.

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UK announces draft rules for crypto industry, touts greater collaboration with U.S.

U.K. Finance Minister Rachel Reeves on Tuesday announced plans for a “comprehensive regulatory regime for crypto assets.”

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Meta launches standalone AI app to take on ChatGPT

Meta Platforms is launching a standalone artificial intelligence app and going head-to-head with OpenAI maker ChatGPT.

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Amazon considers displaying tariff surcharge on low-cost Haul products

Amazon is considering showing import charges on items sold via its site for ultra-low-price items, the company confirmed.

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Venmo revenue grows 20%, with debit card payment volume soaring

Venmo, long viewed as a business laggard for PayPal, is generating much faster revenue growth than the overall company.

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