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.

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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.

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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.

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EA tops fourth-quarter bookings as CEO touts ‘Battlefield’ reveal

Electronic Arts beat fiscal fourth-quarter bookings estimates.

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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.

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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.

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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.

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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.

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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.

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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.

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