Tag Archives: CNBC

Stripe closes $1.1 billion Bridge deal, prepares for aggressive stablecoin push

Stripe has closed its acquisition of Bridge Network, and executives are gearing up to make a big splash in the growing stablecoin market.

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Amazon to face legal action after Quebec warehouse closures trigger mass layoffs

A union that represents some Montreal Amazon workers said it will petition a court to compel the company to reopen the warehouses and reverse the job cuts.

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Apple launches app for party invitations in recurring revenue push

Apple on Tuesday introduced a new app for creating event invitations called Apple Invites.

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Alphabet to report Q4 earnings after the bell Tuesday

Google is slated to report fourth-quarter earnings on Tuesday after the close of regular trading.

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Spotify shares pop 10% after company reports first profitable year

The music streaming company said it paid a record $10 billion in royalties to the music industry in 2024.

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Palantir soars 27% to record high as AI powers strong earnings and guidance

Palantir surged more than 27% on robust fourth-quarter results and guidance.

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PayPal reports fourth-quarter earnings beat as growth picks up at Venmo

PayPal reported better-than-expected fourth-quarter earnings and revenue in its quarterly report on Tuesday.

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HR unicorn Deel prepares for IPO as soon as 2026 after revenue jump

Human resources software firm Deel said it has hit an annual revenue run rate of $800 million as it ramps up preparations to go public.

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Nintendo posts profit miss as it slashes Switch forecast again ahead of console’s successor

Nintendo investors and fans are awaiting more details on the Switch 2, the successor to the company’s near eight-year-old Switch console.

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DeepSeek’s breakthrough emboldens open-source AI models like Meta’s Llama

DeepSeek’s success represents a victory for open-source artificial intelligence models such as Meta’s Llama, industry experts told CNBC.

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