Carl Eschenbach, CEO of Workday speaks on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 23, 2025. Gerry Miller | CNBCÂ Workday, the maker of human resources and finance software, reported better-than-expected quarterly results on Tuesday. The shares popped more than 7% in extended trading. Here’s how the company did […]
Workday beats estimates for revenue and profit, stock jumps Read More »
Elon Musk, chief executive officer of Tesla Inc., in the Oval Office of the White House in Washington on Tuesday, Feb. 11, 2025. Aaron Schwartz | Bloomberg | Getty Images Tesla’s post-election pop has almost disappeared. Shares of the electric vehicle maker plunged by more than 9% on Tuesday, pushing the company’s market cap below
Tesla’s market cap sinks below $1 trillion as stock slumps more than 9% Read More »
Perplexity AI logo is seen in this illustration taken January 4, 2024. Dado Ruvic | Reuters Perplexity AI, the developer of a popular artificial intelligence search engine, is close to raising a $50 million venture fund focused on early-stage AI startups, CNBC has learned. The company will be an anchor investor in the fund, but
Perplexity AI launching $50 million venture fund to back early-stage startups Read More »
The Hims app arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images Shares of Hims & Hers Health fell 28% on Tuesday, a day after the telehealth company released fourth-quarter results that disappointed on gross margin and sparked concerns about the future of its
Hims & Hers shares plunge 28% on concerns over weight loss business, margins Read More »
Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell. It’s expected to put the finishing touches on one of the most remarkable years from a large company ever. Analysts polled by FactSet expect $38 billion in sales for the quarter ended in January, which would be a 72% increase on an
Nvida to report earnings amid infrastructure spending, DeepSeek concerns Read More »
The New York Stock Exchange with a Hims & Hers Health banner is pictured in the Manhattan borough of New York City. Carlo Allegri | Reuters Hims & Hers Health shares plunged 18% in extended trading on Monday after investors looked past better-than-expected revenue and earnings and focused instead on the disappointing gross margin. Here’s
Hims & Hers shares tumble 18% as margin miss adds to concerns about GLP-1 business Read More »
Jack Dorsey, co-founder of Twitter Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Jack Dorsey’s Block got started as Square, offering small businesses a simple way to accept payments via smartphone. Affirm began as an online lender, giving consumers
As the clean energy economy expands, finding the minerals and metals that power it becomes increasingly critical. The answer might lie with artificial intelligence. Electric cars, solar panels and hydrogen fuel cells all have one thing in common: the need for precious metals. Historically, that’s required going through the arduous process of finding the metals
How AI is speeding the mining of valuable metals needed to power the clean economy Read More »
Jakub Porzycki | Nurphoto | Getty Images Bybit said it replenished its reserves following a $1.5 billion hack last week, the largest in the history of the crypto industry. In less than 72 hours, Bybit pieced together hundreds of thousands of ether tokens through a mix of emergency loans and large deposits. While the rapid
Crypto exchange Bybit says it fully replenished reserves after record $1.5 billion hack Read More »
A PayPal sign is seen at its headquarters in San Jose, California, on Jan. 30, 2024. Justin Sullivan | Getty Images News | Getty Images For Frank Keller, it’s a pivotal moment at PayPal. After two years, two CEOs and endless brand strategy meetings, the company is, in his view, ready to redefine the world
