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Tag Archives: CNBC
Reddit shares rocket as high as 19% on strong sales and guidance
Shares of Reddit rose as high as 19% in after-hours trading after the social media company reported strong revenue and guidance on Thursday.
Amazon’s ad business grew 19% in first quarter, topping estimates
Revenue in Amazon’s online ad business, which has emerged as a force in digital advertising, increased 19% in the first quarter.
Microsoft raises prices of Xbox video game consoles due to ‘market conditions’
A month after President Trump announced new tariffs on imports into the U.S., Microsoft is citing higher video game development costs for an increase in prices.
Amazon reports first-quarter earnings after the bell
Amazon is releasing its first earnings results since President Donald Trump announced sweeping new tariffs.
Apple reports second-quarter earnings after the bell
Neither Apple nor CEO Tim Cook have publicly commented on the hefty tariffs President Donald Trump announced for every country around the world on April 2.
Microsoft pops 9% after earnings beat, on pace for best day in 5 years
Microsoft shares popped after the software giant issued strong guidance, and robust cloud growth drove a top-and-bottom line beat.
Nvidia says Anthropic is telling ‘tall tales’ in its defense of U.S. AI chip restrictions on China
President Donald Trump is reportedly working on updating the chip restrictions, adding another layer of uncertainty to the already contentious policy.
Meta Platforms jumps 6% on earnings beat, advertising resilience
Investors this earnings season are watching for signs that President Donald Trump’s tariff push and global trade uncertainty are hampering advertising demand.
Trump rewrites crypto rules in first 100 days, industry celebrates ‘180 pivot’ from Biden years
President Donald Trump’s first 100 days back in office have ushered in a sweeping pro-crypto shift in Washington.
Tesla shares fall on report that company’s board seeks new CEO to replace Elon Musk
Shares of Tesla declined over 3% in overnight trading on Robinhood following the Wall Street Journal’s reports.