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Finance News

Alphabet shares sink 8% after Apple’s Cue says AI will replace search engines

Alphabet shares sink 8% after Apple’s Cue says AI will replace search engines

Finance News

Eddy Cue, senior vice president of internet software and services at Apple Inc., speaks during a keynote session at the South By Southwest (SXSW) conference in Austin, Texas, U.S., on Monday, March 12, 2018. David Paul Morris | Bloomberg | Getty Images Alphabet and Apple shares sank Wednesday after Eddy Cue, Apple’s services chief, said […]

Alphabet shares sink 8% after Apple’s Cue says AI will replace search engines Read More »

NBA star Russell Westbrook launches AI-enabled funeral planning startup

NBA star Russell Westbrook launches AI-enabled funeral planning startup

Finance News

Russell Westbrook, #4 of the Denver Nuggets, dribbles the ball during the game against the Oklahoma City Thunder during Round 2, Game 1 of the 2025 NBA Playoffs at Paycom Center in Oklahoma City, Oklahoma, on May 5, 2025. Zach Beeker | National Basketball Association | Getty Images National Basketball Association superstar Russell Westbrook is

NBA star Russell Westbrook launches AI-enabled funeral planning startup Read More »

Uber misses revenue expectations with trips up 18% over last year

Uber misses revenue expectations with trips up 18% over last year

Finance News

Dara Khosrowshahi, CEO of Uber attends the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 23, 2025. Yves Herman | Reuters Uber reported first-quarter results Wednesday that beat analysts’ expectations for earnings, but fell shy of anticipated revenue growth for the quarter. Shares fell about 5% following the report. Here’s how Uber did versus

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Trump tariffs and export curbs on China cast a cloud over major chip stocks

Trump tariffs and export curbs on China cast a cloud over major chip stocks

Finance News

Illustration of the China and U.S. flag on a central processing unit. Blackdovfx | Istock | Getty Images Uncertainty — that was the theme during earnings season for the world’s biggest semiconductor firms which are unclear on demand for their products as a result of changing U.S. tariff policy and export restrictions that have been

Trump tariffs and export curbs on China cast a cloud over major chip stocks Read More »

Amazon says new warehouse robot can ‘feel’ items, but won’t replace workers

Amazon says new warehouse robot can ‘feel’ items, but won’t replace workers

Finance News

There’s a new warehouse robot at Amazon that has a sense of touch, allowing it to handle a job previously only done by humans. Amazon unveiled the robot, called Vulcan, Wednesday at an event in Germany. CNBC got an exclusive first look at Vulcan in April, as it stowed items into tall, yellow bins at

Amazon says new warehouse robot can ‘feel’ items, but won’t replace workers Read More »

Super Micro issues weak guidance, cites ‘economic uncertainty and tariff impacts’

Super Micro issues weak guidance, cites ‘economic uncertainty and tariff impacts’

Finance News

Charles Liang, CEO of Super Micro, speaks at the HumanX AI conference at in Las Vegas on March 10, 2025. Big Event Media | HumanX Conference | Getty Images Super Micro issued disappointing guidance on Tuesday, a week after the server maker provided preliminary results for the latest quarter that fell far shy of Wall

Super Micro issues weak guidance, cites ‘economic uncertainty and tariff impacts’ Read More »

Trump’s CFPB drops enforcement of buy now, pay later rule in latest rollback of consumer protections

Trump’s CFPB drops enforcement of buy now, pay later rule in latest rollback of consumer protections

Finance News

The entrance to the Consumer Financial Protection Bureau (CFPB) headquarters is seen during a protest on Feb. 10, 2025 in Washington, DC. Anna Moneymaker | Getty Images For the third time under President Donald Trump, the Consumer Financial Protection Bureau has pulled back from enforcing a key rule, this time targeting buy now, pay later

Trump’s CFPB drops enforcement of buy now, pay later rule in latest rollback of consumer protections Read More »

Hims & Hers gives weak outlook but says more collaborations are coming

Hims & Hers gives weak outlook but says more collaborations are coming

Finance News

Shares of Hims & Hers Health fell 5% in extended trading on Monday after the company reported first-quarter earnings that beat analysts’ expectations but offered weaker-than-expected guidance. Here’s how the company did: Earnings per share: 20 cents vs. 12 cents expected by LSEG Revenue: $586 million vs. $538 million expected by LSEG Revenue at the

Hims & Hers gives weak outlook but says more collaborations are coming Read More »

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