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Tag Archives: CNBC
Amazon suspends engineer who protested company’s work with Israeli government
Ahmed Shahrour, a Palestinian engineer who works for Amazon’s Whole Foods unit, was suspended this week while the company investigates his case.
Adobe’s stock gains on earnings, revenue beat
Adobe shares have dropped this year, badly underperforming the broader market.
Oracle shares retreat 7% after sharpest rally in more than 30 years
One analyst fretted that much of Oracle’s planned business expansion comes from a single client: OpenAI.
Uber sued by DOJ for alleged discrimination against disabled riders
The suit seeks a jury trial and injunctive relief, monetary damages and to charge Uber a civil fine for violations of the Americans with Disabilities Act.
Alphabet, Meta, OpenAI, xAI and Snap face FTC probe over AI chatbot safety for kids
The Federal Trade Commission is issuing orders to seven companies to understand how their AI chatbots potentially negatively affect kids and teenagers.
Alphabet’s Verily covered up HIPAA violations, whistleblower says in lawsuit
Verily hired Sloan in 2020 to serve as the chief commercial officer of its diabetes and hypertension business, Onduo.
Opendoor stock soars 60% after company names new CEO
Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors.
Opendoor taps new CEO and names Keith Rabois chairman, boosting stock 30%
Opendoor continued its torrid run after the company announced that it’s named a new CEO and added co-founded Keith Rabois to the board.
Nvidia, Broadcom, TSMC, other AI names rally on Oracle’s massive growth projections
The biggest gainer was one of Oracle’s so-called neo-cloud competitors, CoreWeave, which rose 20%.
Klarna opens at $52 per share in NYSE debut after pricing IPO above range
Klarna priced its IPO at $40 on Tuesday in an offering that valued the company at about $15 billion.