Finance News Archives | Page 136 Of 140

As Americans head to the polls, social media companies are in the spotlight

Kamala Harris and Donald J. Trump social media sites on X, formerly known as Twitter, are displayed on mobile phones screens for illustration photo. Beata Zawrzel | Nurphoto | Getty Images With Americans heading to the polls on Election Day, social media companies like Meta, TikTok, X and YouTube are under intense pressure to handle […]

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Nintendo cuts Switch sales forecast as demand for ageing console wanes

Finance News

Mario poses at the “SUPER NINTENDO WORLD” welcome celebration at Universal Studios Hollywood on February 16, 2023 in Universal City, California. Rodin Eckenroth | Getty Images Entertainment | Getty Images Nintendo on Tuesday cut forecast for Switch sales for its fiscal year ending March 2025 as demand wanes for its ageing console. The Japanese gaming

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Meta extends ban on new political ads past Election Day

Finance News

Meta’s Mark Zuckerberg plans to visit South Korea, scheduling key meetings during the trip, according to a statement by Meta on Wednesday, which did not provide further details. Reportedly, Zuckerberg is anticipated to meet with Samsung Electronics chairman Jay Y. Lee later this month to discuss AI chip supply and other generative AI issues, as

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Marqeta shares plunge more than 30% on big forecast miss

Finance News

Marqeta celebrates IPO at the Nasdaq on June 9th, 2021. Source: The Nasdaq Marqeta shares tumbled more than 30% in extended trading on Monday after the company issued weaker-than-expected guidance for the fourth quarter. Here’s how the company did compared with Wall Street estimates, based on a survey of analysts by LSEG: Loss per share: 6

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Palantir shares surge on rosy revenue outlook

Finance News

Palantir Technologies CEO Alex Karp appears on a Bloomberg television interview during the FoundryCon event in Palo Alto, California, on March 7, 2024. David Paul Morris | Bloomberg | Getty Images Palantir shares jumped 13% in extended trading on Monday after the data analytics software maker reported robust third-quarter results and revenue guidance. Here’s how

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The Dow needs Nvidia to give chipmakers representation in index after Intel’s plunge

Finance News

Jensen Huang, co-founder and CEO of Nvidia, speaks during an event in Taipei, Taiwan, on June 2, 2024. Annabelle Chih | Bloomberg | Getty Images At around $23 a share, Intel is no longer a viable member of the Dow Jones Industrial Average. That was the conclusion of the S&P Dow Jones committee, which decides

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Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at .4 billion valuation

Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation

Finance News

Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024 (L), and Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Reuters Physical Intelligence, a robot startup based in San Francisco, has raised $400

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Barry Diller calls timing of The Washington Post’s non-endorsement a ‘blunder’

Finance News

To Barry Diller, a friend of Amazon founder Jeff Bezos, the decision for The Washington Post not to endorse a candidate in tomorrow’s presidential election was “absolutely principled” — and poorly timed, he said Monday on CNBC’s Squawk Box. “They made a blunder — it should’ve happened months before, and it didn’t, and that’s the

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Coinbase, a16z and others pour more than million into pro-crypto PAC for 2026 election

Coinbase, a16z and others pour more than $78 million into pro-crypto PAC for 2026 election

Finance News

With one day to go until the U.S. general election, crypto companies have already poured tens of millions of Dollars into the upcoming 2026 cycle. The pro-crypto and bi-partisan super PAC Fairshake said Monday that the committee and its affiliates have raised $78 million for the 2026 midterm elections. That $78 million includes more than

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AppLovin’s 300% surge in 2024 leaves ad-tech company with big expectations for earnings

Finance News

While Nvidia’s spectacular surge remains the biggest story in the technology industry, the AI chipmaker’s performance on the market has been dwarfed this year by a digital advertising company with a specialty in gaming. AppLovin has soared 310% in 2024, beating every U.S. tech company with a market cap of at least $5 billion, according

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Nintendo cuts Switch sales forecast as demand for ageing console wanes

Marqeta shares plunge more than 30% on big forecast miss

Palantir shares surge on rosy revenue outlook

Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation

Barry Diller calls timing of The Washington Post’s non-endorsement a ‘blunder’

Coinbase, a16z and others pour more than $78 million into pro-crypto PAC for 2026 election

AppLovin’s 300% surge in 2024 leaves ad-tech company with big expectations for earnings

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