Latest news
Robinhood doubles revenue as it beats third-quarter earnings expectations
CFO Jason Warnick said prediction markets and Bitstamp are generating about $100 million or more in annualized revenues.
Qualcomm reports earnings, revenue beat and issues strong forecast
Qualcomm is trying to prove that it has a role in the artificial intelligence boom, which to date has been dominated by Nvidia.
Pinterest plunges 21%, posts second-worst day ever as tariffs drag on ad revenue
Third-quarter sales in the U.S. and Canada came in at $786 million, missing analyst projections.
HubSpot adds Clara Shih, Meta's head of business AI, to board of directors
HubSpot appointed Meta's head of business AI Clara Shih to its board of directors
Taser maker Axon plunges 9% after earnings fall short due to tariff hit
The Taser maker said its connected devices business felt the biggest pinch from its first full quarter of tariff impacts.
Tesla sales in Germany have cratered from last year, data shows
Elon Musk's EV maker began selling a new, lower-cost version of its Model Y SUV in Germany during October.
New bipartisan bill would require companies to report AI job losses
The AI-Related Job Impacts Clarity Act would require companies and federal agencies to submit quarterly reports of "AI-related job effects."
Op-ed: The fuel for the AI boom driving the markets is advertising. It is also an existential risk.
Joe Marchese, Executive Chairman at Human Ventures, describes a key conundrum facing OpenAI and other AI start-ups as they disrupt the ad tech industry.
Fintech Ripple gets $40 billion valuation after $500 million funding
Ripple has pushed into other lines of business including custody of crypto assets, prime brokerage and corporate treasury management.
Election results, McDonald's earnings, AI valuation fears and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
How Chinese EV makers are winning in Brazil
China automakers have turned to emerging markets like Brazil to offload their massive supply. Brands including BYD now make up over 80% of EV sales in Brazil.
Lyft, United Airlines launch loyalty program months after Delta partnership ends
Earlier this year, Lyft dissolved its eight-year partnership with Delta Airlines and brought its loyalty program to ride-hailing competitor Uber.
Amazon upheaval: With morale shaken, Jassy looks for next big play after mass layoffs
Amazon CEO Andy Jassy has been overhauling the company's corporate culture in recent years, and went even further last week, announcing 14,000 layoffs.
Armis raises $435 million, valuing cybersecurity startup at $6.1 billion
The cybersecurity startup reaches a $6.1 billion valuation three months after topping $300 million in annual recurring revenues.
Chinese EV maker Xpeng to launch robotaxis, humanoid robots with self-developed AI chips
Chinese electric car company Xpeng is following in Tesla's footsteps by moving into robotaxis and humanoid robots.
Toyota raises yearly profit forecast despite an expected $9 billion hit from U.S. tariffs
Toyota Motor missed operating profit estimates for the quarter ended September as the Japanese auto giant bears the brunt of U.S. tariffs.
Nvidia deepens India footprint with $2 billion deep tech alliance to mentor AI startups
Nvidia will help train and mentor emerging deep tech startups in India as a founding member of a $2 billion investment alliance.
Wall Street is too fixated on the high valuations of tech and speculative stocks, Cramer says
CNBC's Jim Cramer examined Tuesday's market action.
Bitcoin retail investor at 'max desperation,' says Bitwise CIO, but crypto winter not coming
Bitcoin's fall below $100,000 sparks fears that a new crypto winter has begun, but Bitwise CIO Matt Hougan sees reasons why this selloff may not last long.
Perplexity AI accuses Amazon of bullying with legal threat over Comet browser
Amazon wants Perplexity to prevent its users from using its AI browser called Comet to make purchases on their behalf.
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