Finance News Archives | Page 69 Of 142

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. […]

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Apple says Epic Games contempt ruling could cost ‘substantial sums’

Finance News

An Apple store in Walnut Creek, California, U.S., on April 30, 2025. Paul Morris | Bloomberg | Getty Images Apple is asking a court to pause a recent decision in its case against Epic Games and allow the iPhone maker to once again charge a commission on in-app transactions that link out for payment. Last

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Trump crypto advisor David Bailey launching 0 million bitcoin investment company

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

Finance News

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

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Arm shares drop on weak forecast

Finance News

Rene Haas, CEO of chip tech provider Arm Holdings, holds a replica of a chip with his company’s logo on it, during an event in which Malaysia’s Prime Minister Anwar Ibrahim officially announces a $250 million deal with the company, in Kuala Lumpur, Malaysia March 5, 2025. Hasnoor Hussain | Reuters Arm shares dropped more

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Democrats push back against Trump’s growing crypto empire

Finance News

Jonathan Raa | Nurphoto | Getty Images Democrats turned up the pressure on President Donald Trump’s cryptocurrency ventures this week and the fortune that he and his family are making off the efforts as a vote rolls forward on a key crypto bill. Thursday’s vote on the GENIUS ACT, a bill to establish federal rules

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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

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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

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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

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

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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 »

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

Apple says Epic Games contempt ruling could cost ‘substantial sums’

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

Democrats push back against Trump’s growing crypto empire

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

NBA star Russell Westbrook launches AI-enabled funeral planning startup

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

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

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

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