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Tag Archives: CNBC
Chinese autonomous driving firm Pony.ai sees shares drop 12% in Hong Kong debut
Shares of two Chinese autonomous driving companies Pony.ai and WeRide both debuted in Hong Kong on Thursday.
Microsoft letting employees raise concerns about products after Middle East controversy
Microsoft employees can now request Trusted Technology Reviews when they want to report on concerning uses of the company’s products.
Doordash stock tanks 20% as company misses earnings, says it expects further spending
The food delivery platform said it expects to spend “several hundred million dollars” on new initiatives and development in 2026.
Snap shares rocket 25% on strong forecast, $400 million Perplexity deal
Perplexity AI will pay the social media company $400 million over 1 year to integrate the AI startup’s search features into Snapchat in 2026, Snap said.
Robinhood doubles revenue as it beats third-quarter earnings expectations
CFO Jason Warnick said prediction markets and Bitstamp are generating about $100 million or more in annualized revenues.
Figma delivers strong forecast as AI draws in more customers
People are signing up for Figma to use its Make tool for generating app designs with artificial intelligence, CEO Dylan Figma said.
Lucid misses Wall Street expectations, cuts production guidance again
Lucid also said it has agreed to increase a term loan credit facility from $750 million to roughly $2 billion from Saudi Arabia’s Public Investment Fund.
New bipartisan bill would require companies to report AI job losses
The AI-Related Job Impacts Clarity Act would require companies and federal agencies to submit quarterly reports of “AI-related job effects.”
Tesla sales in Germany have cratered from last year, data shows
Elon Musk’s EV maker began selling a new, lower-cost version of its Model Y SUV in Germany during October.
Op-ed: The fuel for the AI boom driving the markets is advertising. It is also an existential risk.
Joe Marchese, Executive Chairman at Human Ventures, describes a key conundrum facing OpenAI and other AI start-ups as they disrupt the ad tech industry.