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Etsy stock tumbles on revenue miss as company reports drop in number of goods sold

Etsy stock tumbles on revenue miss as company reports drop in number of goods sold

An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy missed on revenue and gross merchandise sales for the fourth quarter, with the company citing “significant headwinds,” including a pullback on consumer spending. The stock slid more than 9% in morning

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Intel shares pop 10% on report Broadcom and Taiwan Semi could break up company

Intel shares pop 10% on report Broadcom and Taiwan Semi could break up company

Intel shares rallied more than 10% on Tuesday following a Wall Street Journal report that both Broadcom and Taiwan Semiconductor Manufacturing are potentially weighing bids that could result in splitting the embattled chipmaker. The Wall Street Journal reported that Broadcom may consider a play for the company’s chip design and marketing segment, citing people familiar

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Dell shares pop on report of  billion deal for AI servers for Elon Musk’s xAI

Dell shares pop on report of $5 billion deal for AI servers for Elon Musk’s xAI

Dell shares jumped to a session high on Friday following a report saying Elon Musk’s startup xAI was getting ready to agree to buy $5 billion in artificial intelligence servers from the hardware maker. The equipment would contain Nvidia‘s GB200 graphics processing units, according to Bloomberg, which cited unnamed sources. Many data center gear manufacturers

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Airbnb pops 14%, heads for record rally on earnings beat

Airbnb pops 14%, heads for record rally on earnings beat

Brian Chesky, co-founder and chief executive officer of Airbnb Inc., during a news conference in Los Angeles, California, US, on Wednesday, May 1, 2024. Eric Thayer | Bloomberg | Getty Images Airbnb shares surged 14% and headed for their best day ever after the company reported stronger-than-expected fourth-quarter earnings. The stock debuted on the Nasdaq

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Zuckerberg’s rightward policy shift puts Meta staffers on edge, targets Apple

Zuckerberg’s rightward policy shift puts Meta staffers on edge, targets Apple

Priscilla Chan, left, Meta CEO Mark Zuckerberg, and Lauren Sanchez are among guests attending Donald Trump’s inauguration as the 47th U.S. president in the Capitol Rotunda in Washington, D.C., Jan. 20, 2025. Saul Loeb | Afp | Getty Images Mark Zuckerberg kicked off 2025 with an Instagram video that outlined his vision for what he

Zuckerberg’s rightward policy shift puts Meta staffers on edge, targets Apple Read More »

Google joins 0 million funding round for humanoid robotics company Apptronik

Google joins $350 million funding round for humanoid robotics company Apptronik

Tesla robotics development rival Apptronik announced a $350 million Series A funding round Thursday morning to scale the production of artificial intelligence-powered humanoid robots. The funding round was co-led by B Capital and Capital Factory, and included backing from Google, CEO Jeff Cardenas said in an exclusive “Squawk Box” interview Thursday. Apptronik, a Texas-based robotics

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Google to test using AI to determine users’ ages

Google to test using AI to determine users’ ages

Google chief executive Sundar Pichai speaks during the tech titan’s annual I/O developers conference on May 14, 2024, in Mountain View, California.  Glenn Chapman | Afp | Getty Images Google will start using artificial intelligence to determine whether users are age appropriate for its products, the company said Wednesday. Google announced the new technique for

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