Coinbase cuts headcount by 14% citing AI acceleration. The shares are gaining
Monitors display Coinbase signage during the company's initial public offering at the Nasdaq MarketSite in New York City on April ...
Tag: business news
HSBC shares drop as first-quarter pre-tax profit misses estimates on higher expected credit losses
Europe's largest lender, HSBC, reported first-quarter pre-tax profit of $9.4 billion on Tuesday, missing analysts' estimates on the back of ...
Andy Jassy says Amazon investors will be rewarded by all its AI spending
Andy Jassy said Amazon's massive spending on artificial intelligence isn't something investors should fear — it's exactly why they'll be ...
Pinterest surges 15% after earnings beat as company posts strong guidance
Bill Ready, CEO of Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly ...
Berkshire shares trade lower even after Abel scores good marks at meeting, earnings jump
Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 2, 2026.CNBCBerkshire ...
Spirit Airlines CEO on carrier’s collapse: ‘We just kind of ran out of runway’
A Spirit Airlines plane sits parked at Hollywood Burbank Airport on April 16, 2026 in Burbank, California. Justin Sullivan | ...
Bret Taylor’s Sierra raises nearly $1 billion months after last capital push
Bret Taylor, co-founder and CEO of Sierra, speaking to CNBC at the World Economic Forum in Davos, Switzerland on Jan. ...
World Cup prize pool nears $900 million as FIFA boosts payouts. Here’s who gets what
VANCOUVER, CANADA - APRIL 28: Gianni Infantino, FIFA President, presents Vittorio Montagliani, FIFA Vice-President and President of the Confederation of ...
Denmark faces data center reckoning as power grid overwhelmed by surging demand
COPENHAGEN, Denmark — The Nordics, long seen as a magnet for data center investment thanks to their stable climate and ...
Trump says he’s raising EU auto tariffs to 25%
President Donald Trump said he would increase tariffs charged to the European Union for cars and trucks to 25%, without ...
