Block shares soar as much as 24% as company slashes workforce by nearly half
Block said Thursday it's laying off more than 4,000 employees, or about half of its head count. The stock skyrocketed ...
Tag: Breaking News: Technology
Netflix ditches deal for Warner Bros. Discovery after Paramount’s offer is deemed superior
Netflix is walking away from a deal to buy Warner Bros. Discovery's studio and streaming assets after the WBD board ...
CoreWeave shares slip 8% as quarterly revenue guidance disappoints
Michael Intrator, Chief Executive Officer of CoreWeave Inc., speaks during an interview with CNBC on the floor at the New ...
Nvidia’s blowout earnings report disappoints Wall Street as stock sinks 5%
Nvidia shares dropped 5% on Thursday, as investor concerns around its leadership in the artificial intelligence boom dampened enthusiasm over ...
Nvidia’s Jensen Huang says markets ‘got it wrong’ on AI threat to software companies
Nvidia CEO Jensen Huang said Wednesday markets have miscalculated the AI threat to software companies, hours after the chip behemoth ...
Former Alphabet ‘moonshot’ robotics company Intrinsic is folding into Google
Google is folding in former moon shot robotics software company Intrinsic as Alphabet tries to streamline its ambitions in the ...
Taser-maker Axon pops 20% as AI boosts demand for its software tools
Rick Smith, CEO of Axon Enterprises.Adam Jeffery | CNBCAxon Enterprise's stock surged more than 20% after the maker of Tasers, ...
Register now: Applications open for the World’s Top Fintech Companies 2026
A person using a laptop and mobile phone. Tom Werner | Digitalvision | Getty ImagesApplications are now open for the ...
Intel partners with AI chip startup SambaNova after acquisition talks reportedly failed
SambaNova Systems Welcomes Semiconductor Industry Veteran, Lip-Bu Tan, in an Operational Role as Executive ChairmanSource: Business WireIn addition to running ...
As Wall Street punishes software stocks over AI concerns, Canva gets more acquisitive
From left, MangoAI's Nirmal Govind, Canva Co-Founder and Chief Operating Officer Cliff Obrecht and MangoAI's Vinith Misra.CanvaSoftware stocks have been ...
