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Tag Archives: CNBC
Hims & Hers brings former Amazon executive into C-suite
Hims & Hers Health announced Nader Kabbani will join the telehealth company as its chief operations officer.
From ‘Cockroach Award’ to the Big Board: Hinge Health’s unlikely path to IPO
Hinge Health, a 10-year-old digital health company, is poised to kick off its IPO roadshow at a time when fellow upstarts are delaying plans to go public.
Trump aims to cut $6 billion from NASA budget, shifting $1 billion to Mars-focused missions
The Trump administration is floating a plan to trim about $6 billion from the budget of NASA while emphasizing the importance of going to Mars.
Temu halts shipping direct from China as de minimis tariff loophole is cut off
Earlier this week, Temu increased prices and added “import charges” ranging from 130% to 150% on products shipped direct from China.
Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock
Bezos’ disclosure of stock sales comes a day after Amazon’s first-quarter earnings report showed the company is bracing for tariff-related uncertainty.
Earnings show one tech segment starting to feel the tariff pinch fastest
Advertising-heavy businesses seem to be holding on in the near-term as consumer-focused models start to feel the pinch from slowing spending.
Uber inks robotaxi deal with Momenta to launch service in Europe next year
Uber said it’s signed a agreement with Chinese autonomous driving comppany Momenta to deploy robotaxis in international markets starting, with Europe in 2026.
Google advertising antitrust remedies trial set for Sept. 22, judge says
The U.S. government’s remedies trial in the Google antitrust case regarding its ad- tech is scheduled to begin on Sept. 22.
Block plunges 20% as Cash App miss triggers downgrades
Analysts flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft macro environment that may weigh on monetization.