Latest news
Matthew McConaughey, Ryan Reynolds-backed password manager tops $400 million in ARR on AI tail winds
Canadian cybersecurity startup 1Password has surpassed $400 million in annual recurring revenue.
Tariffs in doubt, Musk's pay plan, shutdown flight reductions and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Google's rolling out its most powerful AI chip, taking aim at Nvidia with custom silicon
Google says Ironwood, the seventh generation of its Tensor Processing Unit, is more than four times faster than its predecessor chip.
Elon Musk expected to prevail in Tesla shareholder vote over CEO's $1 trillion pay plan
After Tesla 's annual shareholders meeting on Thursday, the company is expected to disclose results of the vote on CEO Elon Musk's pay plan.
Nvidia's Jensen Huang softens his ‘China will win the AI race’ remark to FT
Nvidia CEO Jensen Huang reportedly told the Financial Times that "China is going to win the AI race," before releasing a notably softer statement soon after.
Snap shares rocket 15% on strong forecast, $400 million Perplexity deal
Perplexity AI will pay the social media company $400 million over 1 year to integrate the AI startup's search features into Snapchat in 2026, Snap said.
Lucid misses Wall Street expectations, narrows production guidance
Lucid also said it has agreed to increase a term loan credit facility from $750 million to roughly $2 billion from Saudi Arabia's Public Investment Fund.
Figma delivers strong forecast as AI draws in more customers
People are signing up for Figma to use its Make tool for generating app designs with artificial intelligence, CEO Dylan Figma said.
Doordash stock sinks 9% as company misses earnings, says it expects further spending
The food delivery platform said it expects to spend "several hundred million dollars" on new initiatives and development in 2026.
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.
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