Tag Archives: CNBC

Drone maker AeroVironment shares pop 20% on earnings beat

AeroVironment stock rocketed more than 20% higher Wednesday as the drone maker beat fourth quarter expectations on the top and bottom lines.

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Bumble jumps 26% as dating company plans to axe 30% of workforce

Founder Whitney Wolfe Herd, who stepped down as CEO at the beginning of 2024, returned to the role earlier this year.

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Amazon’s Ring launches AI-generated security alerts

The move is part of the smart home security company’s plans to push deeper into AI, Ring CEO Jamie Siminoff said.

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Bitcoin price rises as Israel-Iran ceasefire begins, and Senate unveils major crypto bill

Bitcoin rose in trading on Tuesday after Israel and Iran ceasefire, as senators introduced a major crypto bill, and bitcoin treasuries’ boom continues.

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Ambarella shares soar 17% on report chip designer is exploring sale

The California-based company is known for its system-on-chip semiconductors and software used for edge artificial intelligence.

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Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan

The sales are the first stop in Huang’s plan adopted in March to sell as many as 600,000 shares of the AI company through the end of the year.

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Judge rules Anthropic did not violate authors’ copyrights with AI book training

The decision is a major win for AI companies as legal battles play out over the use and application of copyrighted works in LLMs

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Amazon bringing faster delivery to thousands of small towns and cities

Amazon previously said it would spend $4 billion by the end of 2026 to triple the size of its rural delivery network.

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Uber, Waymo robotaxi service opens to passengers in Atlanta

Waymo robotaxis became available to users in Atlanta on Tuesday as part of a partnership with Uber.

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Meta is absent from SF Pride this year, as tech industry retreats from public support of LGBTQ+

SF Pride Executive Director Suzanne Ford is troubled that tech companies like Meta are stopping their support of the LGBTQ+ community.

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