Pinterest shares drop on weak outlook, revenue miss
Pinterest issued a weaker-than-expected forecast on Thursday and also missed on revenue.
CNBC Technology
Cloudflare stock jumps 21% on earnings beat as the company wins larger deals
Fourth-quarter results and guidance for the current quarter came in higher than expected, with Cloudflare big deals adding up.
Bitcoin rises above $45,000, its highest level in almost a month
The price of bitcoin rose above $45,000 for the first time since Jan. 11, when trading of U.S. spot bitcoin ETFs began.
23andMe considers splitting up company to revive stock price
23andMe reported dismal third-quarter fiscal 2024 results and discussed splitting itself in two to help juice its stock price.
SoftBank nets $16 billion on Arm earnings pop, exceeding its total losses in WeWork
Chip design firm Arm reported strong earnings on Wednesday, giving Masayoshi Son's SoftBank a huge paper profit.
Stripe rival Adyen's shares soar 21% as European payments giant posts profit beat, slows hiring
Shares of European online payments giant Adyen popped after the firm reported strong sales growth and better-than-expected profit numbers for 2023.
Roblox shares rise 10% after company beats estimates and issues strong guidance
Roblox reported results for the fiscal fourth quarter and full year that beat consensus estimates on the top and bottom lines.
Google rebrands Bard AI to Gemini and launches a new app and subscription
Google Bard, a chief competitor to OpenAI's ChatGPT, is now called Gemini, the same name as the suite of AI models that power it.
Arm shares soar as much as 41% after chip designer gives strong forecast, says AI is boosting sales
Arm's intellectual property is in nearly every smartphone, many PCs, and thousands of miscellaneous other chips.
Snap stock closes down 34% after company's revenue miss and weak guidance
Snap shares tanked more than 34% in Wednesday trading, a day after the company reported Q4 earnings that missed revenue estimates and issued light guidance.
PayPal issues disappointing guidance even as fourth-quarter earnings top estimates
PayPal reported fourth-quarter financials that topped analysts' estimates but provided guidance that came in slightly below Wall Street expectations.
Uber beats estimates as revenue and bookings see double-digit growth
Uber reported fourth-quarter results Wednesday that beat analysts' estimates for revenue and profit.
Green Plains stock jumps after company announces strategic review, standstill with Ancora
Ethanol producer Green Plains will explore a strategic review, up to and including a sale, following engagement with activist investor Ancora beginning in 2023.
Wheely, Uber's luxury competitor, launches in Dubai to take on the UAE's dominant player
Wheely, a luxury-focused competitor to Uber, is launching in Dubai as it looks to rev up international expansion efforts that were quashed by Covid in 2020.
Meta is trouncing Snap in digital ads — here's why
As fourth-quarter earnings reports made clear, Snap is having a much tougher time than Meta when it comes to getting its ad business back on track.
Google says Singapore has 'very high' potential to be a global AI hub
"In order for AI to really deliver on its potential, you need really good public and private partnerships," Caroline Yap of Google Cloud told CNBC.
Snap plunges 30% on revenue miss and light guidance, as company says Middle East war creates 'headwind'
Snap reported weaker-than-expected sales for the fourth quarter and issued a forecast that came in a bit light of Wall Street's expectations.
Sonos shares rise 12% on earnings and revenue beat
Sonos shares rose after the speaker company reported fiscal 2024 first-quarter sales and earnings that exceeded Wall Street expectations.
CleanSpark jumps on plans to buy four bitcoin mining facilities ahead of the halving
CleanSpark shares jumped after the company revealed plans to expand its mining presence and potentially double its hashrate in the first half of the year.
DocuSign to lay off 6% of workforce, or about 440 jobs
DocuSign announced Tuesday it will cut 6% of its workforce as part of a restructuring plan
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