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CoreWeave stock slumps 14% on wider-than-expected loss ahead of lockup expiration

CoreWeave‘s stock dropped 14% after the renter of artificial intelligence data centers reported a bigger-than-expected loss. In its second quarterly financial results as a public company, CoreWeave reported an adjusted loss of 27 cents per share, compared to a 21-cent loss per share expected by analysts polled by LSEG. CoreWeave’s results came as the lock-up […]

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Amazon launches same-day delivery of meat, eggs, produce in more than 1,000 cities

Finance News

An independent contractor wearing a protective mask and gloves loads Amazon Prime grocery bags into a car outside a Whole Foods Market in Berkeley, California, on Oct. 7, 2020. David Paul Morris | Bloomberg | Getty Images Amazon is rolling out same-day delivery of fresh foods to more pockets of the U.S. as it looks

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Ether nears 2021 record high as money pours into ETFs, bullish forecasts abound

Finance News

Key Points Ether at one point Wednesday traded as high as $4,714.02, putting it less than $200 away from its November 2021 all-time high. Inflows into ether ETFs are up to $1.5 billion so far this week, compared to $244 million into bitcoin ETFs. Standard Chartered raised its price target on ETH to $7,500 by

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How Big Tech is paying its way out of Trump’s tariffs

Finance News

Apple CEO Tim Cook (R) shakes hands with U.S. President Donald Trump during an event in the Oval Office of the White House on August 6, 2025 in Washington, DC. Win Mcnamee | Getty Images Top tech executives are at the forefront of a recent swathe of unprecedented deals with U.S. President Donald Trump. In

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Chinese tech giant Tencent’s quarterly revenue jumps 15% on AI investments, gaming unit boost

Finance News

The Tencent logo is displayed on the exterior of a building at the company’s headquarters, with a surveillance camera visible in the foreground, on November 30, 2024, in Shenzhen, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images Tencent on Wednesday reported a 15% jump in second-quarter revenue as a strong performance in

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Circle shares fall after stablecoin issuer says it will offer 10 million shares

Finance News

Circle Internet Group Initial Public Offering at the New York Stock Exchange in New York City, U.S., June 5, 2025. NYSE Circle Internet Group stock tumbled more than 5% in extended trading Tuesday after it said it would offer 10 million Class A shares to the public. Of the total stock being offered, 2 million

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Tesla is hiring robotaxi test drivers in New York City, but company hasn’t applied for permits

Finance News

A Tesla robotaxi drives on the street along South Congress Avenue in Austin, Texas, U.S., June 22, 2025. Joel Angel Juarez | Reuters Tesla is recruiting test drivers in New York to operate cars with “automated driving systems,” but the company hasn’t applied for the permits it would need to test autonomous vehicles in the

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White House says it’s working out legality of Nvidia and AMD China chip deals

Finance News

U.S. President Donald Trump (L) invites Nvidia CEO Jensen Huang to speak in the Cross Hall of the White House during an event on “Investing in America” on April 30, 2025 in Washington, DC. Andrew Harnik | Getty Images The Trump administration is still working out the details of its 15% export tax on Nvidia

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China warns companies against using Nvidia and AMD chips, report says

Finance News

Nvidia CEO Jensen Huang and U.S. Secretary of the Interior Doug Burgum attend the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters China has told companies to refrain from using Nvidia‘s H20 chips after the chipmaker recently received approval to resume shipping the less advanced artificial intelligence

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Perplexity offers to buy Google’s Chrome browser for .5 billion

Perplexity offers to buy Google’s Chrome browser for $34.5 billion

Finance News

Artificial intelligence startup Perplexity AI has made an unsolicited $34.5 billion bid for Google’s Chrome browser, CNBC confirmed on Tuesday. That figure is higher than Perplexity’s current valuation, but the company said several investors have agreed to back the deal. Google did not immediately respond to CNBC’s request for comment. The Wall Street Journal was

Perplexity offers to buy Google’s Chrome browser for $34.5 billion Read More »

CoreWeave stock slumps 14% on wider-than-expected loss ahead of lockup expiration

Amazon launches same-day delivery of meat, eggs, produce in more than 1,000 cities

Ether nears 2021 record high as money pours into ETFs, bullish forecasts abound

How Big Tech is paying its way out of Trump’s tariffs

Chinese tech giant Tencent’s quarterly revenue jumps 15% on AI investments, gaming unit boost

Circle shares fall after stablecoin issuer says it will offer 10 million shares

Tesla is hiring robotaxi test drivers in New York City, but company hasn’t applied for permits

White House says it’s working out legality of Nvidia and AMD China chip deals

China warns companies against using Nvidia and AMD chips, report says

Perplexity offers to buy Google’s Chrome browser for $34.5 billion

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