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Tag Archives: CNBC
58 crypto wallets have made millions on Trump’s meme coin. 764,000 have lost money, data shows
Interest in the $TRUMP meme coin spiked more than 50% after the project’s website promised the top 220 holders a seat at a dinner with the president.
Super Micro issues weak guidance, cites ‘economic uncertainty and tariff impacts’
A week after issuing disappointing preliminary results, Super Micro said in its earnings release that it could see an impact from President Trump’s tariffs.
AMD earnings beat as overall sales surge 36%
AMD reported first fiscal-quarter earnings on Tuesday that topped expectations, and provided a strong guide for current-quarter revenue.
EA tops fourth-quarter bookings as CEO touts ‘Battlefield’ reveal
Electronic Arts beat fiscal fourth-quarter bookings estimates.
Amazon’s Zoox robotaxi unit issues software recall after recent Las Vegas crash
Amazon’s Zoox issued a software recall for its robotaxis after a crash in Las Vegas last month, the company said.
Palantir falls 12% as analysts raise international growth concerns
Palantir fell more than 10% even after the company hiked its guidance as AI demand fueled revenue growth.
Uber to buy 85% stake in Turkish food delivery platform for $700 million
The deal is expected to close in the second half of this year and be accretive to Uber’s growth, the company said.
Doordash announces $1.2 billion SevenRooms deal, misses revenue expectations
Doordash on Tuesday announced the $1.2 billion acquisition of restaurant booking platform SevenRooms and reported first-quarter earnings.
DoorDash to acquire British food delivery firm Deliveroo in $3.9 billion deal
British food delivery firm Deliveroo on Monday said it has agreed to a takeover offer from American rival DoorDash that values the company at £2.9 billion.
Temu and Shein face massive tariffs. But don’t count them out of the U.S. e-tail scene, experts say
Despite Temu and Shein facing Trump’s high China tariffs, e-commerce experts say they are still capable of competing with rivals in the U.S.