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Pinterest plunges 20% after weak results as tariffs drag on ad revenue

Pinterest plunges 20% after weak results as tariffs drag on ad revenue

Silas Stein | Picture Alliance | Getty Images Pinterest shares plummeted 20% on Wednesday after lackluster third-quarter earnings as advertising took a hit from larger retailers dealing with tariffs. The company posted a profit of 38 cents per share adj., while analysts polled by LSEG expected earnings of 42 cents per share. However, the platform’s

Pinterest plunges 20% after weak results as tariffs drag on ad revenue Read More »

Amazon upheaval: With morale shaken, Jassy looks for next big play after mass layoffs

Amazon upheaval: With morale shaken, Jassy looks for next big play after mass layoffs

Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon CEO Andy Jassy sat on a stage in a Seattle conference center in September, looking out at an audience of thousands of sellers who’d traveled from around the world to the company’s

Amazon upheaval: With morale shaken, Jassy looks for next big play after mass layoffs Read More »

Chinese EV maker Xpeng to launch robotaxis, humanoid robots with self-developed AI chips

Chinese EV maker Xpeng to launch robotaxis, humanoid robots with self-developed AI chips

Chinese EV company Xpeng showed off its newest humanoid robot in Guangzhou on Nov. 5, 2025. CNBC | Evelyn Cheng Guangzhou, CHINA — Chinese electric car company Xpeng plans to launch robotaxis next year after previously claiming it wouldn’t be a real business in the near future and took the wraps off of its latest

Chinese EV maker Xpeng to launch robotaxis, humanoid robots with self-developed AI chips Read More »

Toyota profits fall for a second consecutive quarter, missing estimates, as U.S. tariffs hit exports

Toyota profits fall for a second consecutive quarter, missing estimates, as U.S. tariffs hit exports

A sign with the Toyota logo in Surrey, England on August, 2023 Peter Dazeley | Getty Images News | Getty Images Toyota Motor on Wednesday missed operating profit estimates for the quarter ended September as the Japanese auto giant bears the brunt of U.S. tariffs.  Here are Toyota’s September quarter results compared with mean estimates

Toyota profits fall for a second consecutive quarter, missing estimates, as U.S. tariffs hit exports Read More »

AMD reports better-than-expected results but margin guidance only meets estimates

AMD reports better-than-expected results but margin guidance only meets estimates

AMD CEO Lisa Su speaks at a Senate Commerce, Science, and Transportation Committee hearing in Washington on May 8, 2025. The leaders of some of the biggest technology and artificial intelligence companies will go to Congress on Thursday with a wish list of sorts that at its top has doing away with regulation they say

AMD reports better-than-expected results but margin guidance only meets estimates Read More »

Bitcoin retail investor at ‘max desperation,’ says Bitwise CIO, but crypto winter not coming

Bitcoin retail investor at ‘max desperation,’ says Bitwise CIO, but crypto winter not coming

Bitcoin‘s fall below $100,000, its lowest level since June, has sparked fears that the worst is yet to come, another so-called crypto winter (a prolonged bear market in cryptocurrencies) that the market wrestles with every time digital currencies sell off hard in a short period of time. But Bitwise chief investment officer Matt Hougan says

Bitcoin retail investor at ‘max desperation,’ says Bitwise CIO, but crypto winter not coming Read More »

Trump renominates Musk ally Jared Isaacman to run NASA months after withdrawal

Trump renominates Musk ally Jared Isaacman to run NASA months after withdrawal

Jared Isaacman, U.S. President Donald Trump’s nominee to be administrator of the National Aeronautics and Space Administration (NASA) testifies during a Senate Commerce, Science, and Transportation confirmation hearing on Capitol Hill in Washington, D.C., U.S., April 9, 2025. Ken Cedeno | Reuters President Donald Trump has renominated Jared Isaacman to run NASA after pulling his prior

Trump renominates Musk ally Jared Isaacman to run NASA months after withdrawal Read More »

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