Uber reports first-quarter earnings on Wednesday: Here's what Wall Street's watching
Uber shares are down more than 26% year to date. Here's what Wall Street will be looking for when Uber reports first-quarter earnings on Wednesday.
CNBC Technology
Cryptocurrency group lobbies Congress against bills that target Russian oligarchs
The cryptocurrency industry is lobbying against legislation that targets sanctioned Russian corporate giants and oligarchs.
Biden kicks off $3 billion plan to boost battery production for electric vehicles
The White House plan to accelerate battery production is part of a broader effort to shift the country away from gas-powered cars to electric vehicles.
Warren Buffett gives his most expansive explanation for why he doesn't believe in bitcoin
Despite a shift in public perception about the cryptocurrency, Buffett still wouldn't buy bitcoin.
Buffett bought more Apple last quarter and says he would have added more if the stock didn't rebound
Warren Buffett bought the dip in his favorite stock Apple during the tech giant's sell-off in the first quarter.
EU regulator accuses Apple of restricting rivals' access to payment tech
The move could potentially result in a fine for Apple and requirements it change how the the payments system works.
Chip supply issues are still giving some of world's biggest companies a major headache
An ongoing shortage of chips and other basic materials is forcing tech and automotive giants to scale back their targets.
Netflix cancels Meghan Markle series 'Pearl' amid cutbacks
It marks the latest cost-saving moves after the company reported a disappointing first quarter.
New Comcast-Charter streaming joint venture suggests the next chapter of the streaming wars is coming
Comcast and Charter's joint venture to challenge Roku, Amazon and other streaming platforms may signal cable's long-game strategy.
Amazon has bold ambitions to take on SpaceX in the satellite internet business
Project Kuiper represents Amazon's effort to deliver internet from space using 3,236 small satellites in low Earth orbit.
Amazon workers won't get paid for Covid leave anymore
All U.S.-based Amazon workers who test positive for Covid-19 will now get up to five days of excused, unpaid leave, the company told workers in a notice.
Lyft, Uber will cover legal fees for drivers sued under Oklahoma abortion law
"This law is incompatible with people's basic rights to privacy, our community guidelines, the spirit of rideshare, and our values as a company," Lyft said.
Google employees get private Lizzo concert as they return to the office
Google hired Lizzo to perform for thousands of employees as the company tried to celebrate a return to the office.
Top autos CEO warns of battery scarcity as EV competition heats up
Volvo Cars chief Jim Rowan joined the business last month.
Intel CEO now expects chip shortage to last into 2024
Intel CEO Pat Gelsinger said the extended timeline for the chip crunch is now due to a lack of manufacturing equipment.
Amazon shares fall 14% for worst day since 2006
The company gave weaker-than-expected sales guidance for the current quarter, and it recorded its first net loss in seven years.
Disney executive Geoff Morrell, who helped craft response to 'Don't Say Gay' law, leaves company after three months
Morrell helped Disney CEO Bob Chapek craft a response to Florida's "Don't Say Gay" legislation that has arguably backfired on the company.
Amazon and Google just closed out their worst months on Wall Street since 2008
Amazon and Google wrapped up a rocky earnings season for Big Tech, reporting quarterly earnings results that fell short of Wall Street's expectations.
Robinhood reports shrinking revenue, fewer active users
Robinhood was up against some tough comparisons in the first quarter, when interest in so-called meme stocks in 2021 fueled its rapid growth.
California Governor Newsom offers hope for state's last nuclear plant, but major hurdles remain
In conversation with the LA Times editorial board, Gov. Newsom indicated the state might apply for funding to extend the life of Diablo Canyon nuclear plant.
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