Tag Archives: CNBC

Block shares soar 10% on entry into S&P 500

Block is joining the S&P 500, replacing Hess as of July 23.

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The investor behind Opendoor’s 190% run nearly shut down his fund

Eric Jackson has been posting obsessively about Opendoor as part of an effort to spark a rally in shares of the online real estate service.

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Astronomer board investigating CEO Andy Byron after viral Coldplay kiss cam video

Astronomer said its board has launched a “formal investigation” after CEO Andy Byron was caught on video with the company’s HR chief at a Coldplay concert.

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Ether and trading stocks take the crypto spotlight as Congress passes historic stablecoin bill

Ether ETFs are also on pace for a record setting week.

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Meta says it won’t sign Europe AI agreement, calling it an overreach that will stunt growth

“Europe is heading down the wrong path on AI,” global affairs chief Joel Kaplan wrote in a post on LinkedIn Friday.

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Elon Musk’s Neuralink filed as ‘disadvantaged business’ before being valued at $9 billion

Neuralink labeled itself in April as a “small disadvantaged business” in a federal filing with the U.S. Small Business Administration.

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Defense manufacturing startup Hadrian closes $260 million funding round led by Peter Thiel’s Founders Fund

Defense startup Hadrian on Thursday announced the closing of $260 million Series C funding round led by Peter Thiel’s Founders Fund and Lux Capital.

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Amazon cuts some jobs in cloud computing unit as layoffs continue

Amazon has continued to lay off groups of employees this year eliminating more than 27,000 roles since 2022.

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Taiwan Semi is speeding up U.S. chip production due to demand, CEO says

TSMC still faces looming uncertainty after U.S. President Donald Trump threatened steep tariffs on Taiwan.

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Elon Musk gets more time to respond to SEC suit over Twitter disclosure

Musk now has until Aug. 29, an additional six weeks, to answer the SEC’s complaint.

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