Articles from www.cnbc.com

Articles from www.cnbc.com

Meta apologizes and says it had fixed an “error” that resulted in some Instagram users seeing violent and graphic content in their Reels recommendations (www.cnbc.com)
2025-2-28 Instagram

Stripe announces a tender offer for staff and shareholders that values it at $91.5B, down from $95B in 2021, and reports 2024 payment volume up 38% YoY to $1.4T (www.cnbc.com)
2025-2-28

Nvidia reports Q4 revenue up 78% YoY to $39.33B, vs. $38.05B est., Data Center revenue up 93% to $35.6B, and FY 2025 revenue up 114% to $130.5B (www.cnbc.com)
2025-2-27 4Q Nvidia

AppLovin's stock falls 10%+ after two short sellers released reports questioning the integrity of the company's AI-powered AXON ad software (www.cnbc.com)
2025-2-27 AI

Super Micro files its delayed financial results with the US SEC just in time to meet the Nasdaq's listing deadline; SMCI jumps 16%+ after hours (www.cnbc.com)
2025-2-26

Chegg sues Google, saying AI Overviews hurt its traffic and revenue, as it mulls strategic options including getting acquired; CHGG drops 20%+ after hours (www.cnbc.com)
2025-2-25 Google AI

Robinhood says it received a letter from the SEC stating the agency is dropping its investigation into Robinhood Crypto, a sign of regulatory change under Trump (www.cnbc.com)
2025-2-25 Trump

Block shares closed down 17.69% on February 21, their steepest drop since 2020, after Q4 earnings missed est. and guidance for 2025 failed to reassure investors (www.cnbc.com)
2025-2-22 4Q

Coinbase says the US SEC agreed “in principle” to drop its 2023 case against the company, calling it “righting a major wrong”; COIN jumps 5% pre-market (www.cnbc.com)
2025-2-22 Coinbase

Filing: Meta approves raising executives' annual bonuses to 200% of base salary, up from 75%, as most employees' annual stock options are reportedly cut by ~10% (www.cnbc.com)
2025-2-21

Block reports Q4 revenue up 4.5% YoY to $6.03B vs. $6.29B est., gross profit up 14% to $2.31B, Cash App gross profit up 16% to $1.38B; XYZ drops 6%+ after hours (www.cnbc.com)
2025-2-21 4Q

Amazon surpassed Walmart in quarterly sales for the first time during the most recent quarter, with a revenue of $187.8B compared to Walmart's $180.5B (www.cnbc.com)
2025-2-21 Amazon Walmart

OpenAI COO Brad Lightcap says the company hit 400M weekly active users in February 2025, up from 300M in December 2024, and 2M paying enterprise customers (www.cnbc.com)
2025-2-21

Cambridge, MA-based OpenEvidence, which offers an AI chatbot to help physicians, raised $75M from Sequoia at a $1B valuation, its first outside funding round (www.cnbc.com)
2025-2-20 AI chatbot

Baseten, which helps companies launch open-source or customized AI models, raised $75M led by IVP and Spark Capital at a $825M valuation and claims 100+ clients (www.cnbc.com)
2025-2-20 AI

Intel shares close up 16.1% following a February 15 report that both Broadcom and TSMC are potentially weighing deals that could break the chipmaker in two (www.cnbc.com)
2025-2-19 Intel

Zelle's payment volume crossed $1T in 2024, the most ever for a P2P platform, user base jumped 12% YoY to 151M accounts, and the total dollars sent grew 27% YoY (www.cnbc.com)
2025-2-15 P2P

Filing: Trump Media reports 2024 revenue down 12% YoY to $3.6M and a $400M net loss, up from $58.2M in 2023; the company has a $6.6B market cap (www.cnbc.com)
2025-2-15 Trump

Sources: Mark Zuckerberg's overtures to President Trump have unsettled employees and are part of an effort to shift antitrust scrutiny off Meta and onto Apple (www.cnbc.com)
2025-2-15 Trump Apple Zuckerberg

Coinbase reports Q4 revenue up 138% YoY to $2.27B, vs. $1.88B est., transaction revenue up 194% to $1.56B, vs. $1.29B est., and trading volume up 185% to $439B (www.cnbc.com)
2025-2-14 4Q Coinbase

AppLovin reports Q4 revenue up 44% YoY to $1.37B, vs. $1.26B est., net income up 248%, ad revenue up 73%, and Q1 guidance above est.; APP jumps 27%+ after hours (www.cnbc.com)
2025-2-13 4Q

Cisco reports Q2 revenue up 9% YoY to $13.99B, vs. $13.87B est., net income down 8% to $2.43B, and FY 2025 guidance above estimates; CSCO jumps 5%+ after hours (www.cnbc.com)
2025-2-13 Cisco

Reddit reports Q4 revenue up 71% YoY to $428M, vs. $405M est., and daily active uniques up 39% YoY to 101.7M, vs. 103.1M est.; RDDT drops 13%+ after hours (www.cnbc.com)
2025-2-13 4Q Reddit

SoftBank posts a surprise Q3 net loss of ~$2.4B on ~$12.04B revenue, vs. $12.1B est., as the Vision Fund, after two profitable quarters, reports a ~$2.04B loss (www.cnbc.com)
2025-2-12

Super Micro forecasts FY 2026 revenue above est. and is “confident” it will file its delayed annual report by the Feb. 25 deadline; SMCI jumps 7%+ after hours (www.cnbc.com)
2025-2-12

Investors behind the $97.4B OpenAI bid include xAI, Baron Capital, Valor, Atreides, Vy Capital, Joe Lonsdale's 8VC, and an investment vehicle led by Ari Emanuel (www.cnbc.com)
2025-2-11

An Alabama man pleads guilty in connection with the Jan. 2024 SIM-swap hack of the SEC's X account, then used to falsely claim the SEC had approved bitcoin ETFs (www.cnbc.com)
2025-2-11 Bitcoin ETF

Sources: Anduril has signed a term sheet to raise up to $2.5B at a $28B valuation; its revenue in 2024 doubled to ~$1B and annual contract value reached $1.5B (www.cnbc.com)
2025-2-8

Elon Musk says he will rehire a DOGE staffer who resigned following the exposure of his posts advocating for racism and eugenics, after Trump endorsed the idea (www.cnbc.com)
2025-2-8 Trump Elon Musk Racism

Sources: SoftBank is set to invest $40B in OpenAI at a $260B pre-money valuation; OpenAI was last valued at $157B by private investors in October 2024 (www.cnbc.com)
2025-2-8

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