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Finance News

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 […]

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From the New Testament to Nixon: Takeaways from Palantir CEO Alex Karp’s shareholder letter

From the New Testament to Nixon: Takeaways from Palantir CEO Alex Karp’s shareholder letter

Finance News

Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Palantir CEO Alex Karp offered up another batch of colorful commentary to investors alongside the

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Function Health buys Ezra, launches full-body scan for a third of the price

Function Health buys Ezra, launches full-body scan for a third of the price

Finance News

Jonathan Swerdlin, co-founder and CEO of Function Health. Courtesy of Function Health. Blood testing startup Function Health on Monday announced the acquisition of full-body MRI scanning company Ezra and launched a new, 22-minute scan for $499.  Function offers a $499 annual subscription where members complete more than 160 blood tests and track their results over

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Trump set to raise millions from crypto and memecoin this month

Trump set to raise millions from crypto and memecoin this month

Finance News

Jonathan Raa | Nurphoto | Getty Images President Donald Trump has two crypto-focused dinners on the calendar this month — one aimed at deep-pocketed political donors, the other at meme coin millionaires. Both are poised to help him rake in millions. The first, a $1.5 million-per-plate fundraiser set for Monday, is among the most expensive

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Temu halts shipping direct from China as de minimis tariff loophole is cut off

Temu halts shipping direct from China as de minimis tariff loophole is cut off

Finance News

Nurphoto | Nurphoto | Getty Images Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on low-value shipments took effect Friday. In recent days, Temu has abruptly shifted its website and app to only display listings for products shipped from U.S.-based warehouses. Items shipped directly from China,

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Trump aims to cut billion from NASA budget, shifting billion to Mars-focused missions

Trump aims to cut $6 billion from NASA budget, shifting $1 billion to Mars-focused missions

Finance News

The Trump administration has floated a plan to trim about $6 billion from the budget of NASA, while allocating $1 billion of remaining funds to Mars-focused initiatives, aligning with an ambition long held by Elon Musk and his rocket maker SpaceX. A copy of the discretionary budget posted to the NASA website on Friday said

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Block plunges 20% as Cash App miss triggers downgrades

Block plunges 20% as Cash App miss triggers downgrades

Finance News

Block shares were on track for their second-worst day Friday, plunging more than 20% as investors digested a brutal quarterly report and a wave of analyst downgrades centered on one issue: Cash App. The first-quarter earnings miss rattled Wall Street, prompting multiple firms — including Wells Fargo, Seaport, BMO, and Benchmark — to downgrade the

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Apple clears Spotify update under new rules allowing purchases within apps

Apple clears Spotify update under new rules allowing purchases within apps

Finance News

Daniel Ek, co-founder and chief executive officer of Spotify Technology SA, during the Acquired LIVE event at the Chase Center in San Francisco, California, US, on Tuesday, Sept. 10, 2024.  David Paul Morris | Bloomberg | Getty Images Spotify on Friday said Apple has approved the company’s U.S. app update, which will allow users to

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