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Chinese chipmaker SMIC shares fall nearly 7% after earnings miss

Chinese chipmaker SMIC shares fall nearly 7% after earnings miss

A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. Vcg | Visual China Group | Getty Images Shares of Semiconductor Manufacturing International Corporation, China’s largest contract chip maker, fell nearly 7% Friday after its first-quarter earnings missed estimates. After trading on […]

Chinese chipmaker SMIC shares fall nearly 7% after earnings miss Read More »

Pinterest shares rise 10% on better-than-expected guidance

Pinterest shares rise 10% on better-than-expected guidance

Bill Ready, CEO of Pinterest, rings the opening bell at the New York Stock Exchange on May 15, 2024. Brendan McDermid | Reuters Pinterest shares rose 10% in extended trading Thursday after the company reported first-quarter earnings and provided better-than-expected guidance. Here’s how the company did, compared to analysts’ consensus estimates from LSEG: Revenue: $855

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Amazon adds pet prescriptions to its online pharmacy

Amazon adds pet prescriptions to its online pharmacy

Close-up of a hand holding a cellphone displaying the Amazon Pharmacy system, Lafayette, California, September 15, 2021.  Smith Collection | Gado | Getty Images Amazon is expanding its online pharmacy to fill prescription pet medications, the company announced Thursday. The company said it has added “hundreds of commonly prescribed pet medications” to its U.S. site,

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Steph Curry, Tom Brady and other celebrities excluded from most FTX investor claims, judge rules

Steph Curry, Tom Brady and other celebrities excluded from most FTX investor claims, judge rules

Stephen Curry #30 of the Golden State Warriors drives to the basket in the second quarter against Dyson Daniels #11 of the New Orleans Pelicans at Chase Center on April 12, 2024 in San Francisco, California.  Kavin Mistry | Getty Images A Florida federal judge has dismissed most of the claims against high-profile celebrities and

Steph Curry, Tom Brady and other celebrities excluded from most FTX investor claims, judge rules Read More »

Nintendo forecasts sales of 15 million Switch 2 consoles as it gears up for launch

Nintendo forecasts sales of 15 million Switch 2 consoles as it gears up for launch

Attendees walk past an advertising board during the Nintendo Switch 2 Experience at the ExCeL London international exhibition and convention centre in London, Britain, April 11, 2025.  Isabel Infantes | Reuters Nintendo said Thursday that it expects to sell 15 million units of its new Switch 2 console in the fiscal year ending March 2026.

Nintendo forecasts sales of 15 million Switch 2 consoles as it gears up for launch Read More »

Trump crypto advisor David Bailey launching 0 million bitcoin investment company

Trump crypto advisor David Bailey launching $300 million bitcoin investment company

Vcg | Visual China Group | Getty Images David Bailey, CEO of media group BTC Inc., and a key crypto advisor to President Donald Trump, has raised $300 million to launch a publicly traded bitcoin investment company, CNBC has confirmed. The deal, which has been in the works since January, consists of $200 million in

Trump crypto advisor David Bailey launching $300 million bitcoin investment company Read More »

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