Tag Archives: CNBC

Amazon launches second batch of Kuiper internet satellites, taking on Elon Musk’s Starlink

Amazon has sent more Kuiper craft into space as it looks to deploy a satellite constellation that rivals Starlink, a service operated by Elon Musk’s SpaceX.

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Tesla stock pops 10% as Musk touts ‘successful’ robotaxi Austin launch

The launch puts Tesla head-to-head with Alphabet-backed Waymo, which is already operating a fleet of robotaxis in several cities.

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Trump Media approves $400 million stock buyback

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Pompliano’s ProCap raises over $750 million, goes public via SPAC as bitcoin treasury bubble grows

Led by investor and podcast host Anthony Pompliano, ProCap raised more than $750 million in its funding round, including $235 million in convertible debt.

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Tech investor Prosus bets on India to produce a $100 billion company

India will produce a $100 billion tech company in the coming years, the CEO of Prosus told CNBC.

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Bitcoin briefly sinks below $99,000 as U.S. strikes on Iran trigger crypto market sell-off

Bitcoin fell to its lowest level in over a month after U.S. airstrikes on Iran, fueled by inflation fears, institutional pullback, and forced liquidations.

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Easy returns cause big trouble for Amazon sellers, but return rates show signs of slowing

Returns are causing big trouble for Amazon sellers, leading them to hike prices and reduce business on Amazon. But some changes may be slowing return rates.

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Meta approached Perplexity before massive Scale AI deal

Meta recently invested $14.3 billion into Scale AI and tried to buy another startup called Safe Superintelligence, as CNBC previously reported.

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Why ether ETF inflows have come roaring back from the dead

Ether ETFs are on pace for their sixth consecutive week of inflows and eight positive week in the last nine, according to SoSoValue.

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Chip stocks fall on report U.S. could terminate waivers for Taiwan Semi and others

Semiconductor stocks following a report that the U.S. is considering terminating waivers that allow some chipmakers to use American technology in China.

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