In this article XRP.CM= ETH.CM= BTC.CB= Bitcoin fell sharply after a sell-off of major U.S. stock indices. Bitcoin has been correlated closely to the price movement of the Nasdaq index. Luke MacGregor | Bloomberg | Getty Images Bitcoin cratered on Thursday as a major stock sell-off in the U.S. spooked the cryptocurrency market. Bitcoin was
Technology
Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Cloud companies, e-retailers and household tech names got hammered on Thursday, wiping out hundreds of billions of dollars in market value and pushing the Nasdaq Composite toward its worst one-day plunge since June
In this article ETSY AMZN An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy and eBay reported better-than-expected first-quarter results after the bell on Wednesday, but the companies gave weak guidance for the current quarter that suggests the e-commerce sector
In this article FB Facebook co-founder and CEO Mark Zuckerberg testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill October 23, 2019 in Washington, DC. Zuckerberg testified about Facebook’s proposed cryptocurrency Libra, how his company will handle false and misleading information by political leaders during the 2020 campaign
Many of the largest U.S. tech firms hold their European headquarters in Dublin. Artur Widak | Nurphoto | Getty Images Incoming EU rules forcing Big Tech to police content on the internet more aggressively will be enforced directly by the European Commission, a move experts say will diminish the role Ireland has played so far
In this article AMD Lisa Su, CEO, AMD Scott Mlyn | CNBC AMD reported first-quarter earnings after the bell on Tuesday, beating analyst estimates for earnings and revenue, sending the stock up over 3% in extended trading. Here’s how the chipmaker did versus Refinitiv consensus estimates in the quarter ending March: EPS: $1.13, adjusted, versus
In this article MRTN Hydrogen packs a lot more punch than lithium-based batteries. India’s federal minister Nitin Gadkari (second from left) seen here launching the country’s first green hydrogen-based advanced fuel cell electric vehicle (FCEV), Toyota Mirai, at his residence in March. Hindustan Times | Hindustan Times | Getty Images The sun’s searing heat can
In this article AMZN Amazon Labor Union organizers hold signs outside of the LDJ5 Amazon Sort Center on April 25, 2022 in New York City. Michael M. Santiago | Getty Images Employees at an Amazon warehouse on Staten Island overwhelmingly voted against unionizing on Monday. The tally was 380 votes in favor of joining the
In this article AAPL Apple CEO Tim Cook Brooks Kraft/Apple Inc/Handout via Reuters An ongoing shortage of chips and other basic materials is forcing some of the world’s biggest tech and automotive companies to scale back their targets this year. Apple CEO Tim Cook warned Thursday that the company was “not immune” to supply chain
In this article NFLX Netflix is expanding its push into mobile gaming. Sopa Images | Lightrocket | Getty Images Netflix has canceled development on “Pearl,” an animated series created by Meghan, Duchess of Sussex, marking the latest cost-saving moves after the company reported a disappointing first quarter. The cancellation is part of strategic decisions Netflix
In this article AMZN A worker sorts out parcels in the outbound dock at Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Amazon is cutting paid time off for front-line U.S. workers who test positive for Covid-19, effective Monday. All
In this article UBER LYFT Lyft President John Zimmer (R) and CEO Logan Green speak as Lyft lists on the Nasdaq at an IPO event in Los Angeles March 29, 2019. Mike Blake | Reuters Lyft and Uber said this week they will fully cover legal fees for their respective drivers who are sued under
In this article DIS Disney employee Nicholas Maldonado holds a sign while protesting outside of Walt Disney World on March 22, 2022 in Orlando, Florida. Employees are staging a company-wide walkout today to protest Walt Disney Co.’s response to controversial legislation passed in Florida known as the “Don’t Say Gay” bill. Octavio Jones | Getty
PG&E Corp.’s Diablo Canyon plant in California. (Joe Johnston/San Luis Obispo Tribune/Tribune News Service via Getty Images) San Luis Obispo Tribune | Tribune News Service | Getty Images California governor Gavin Newsom is open to the idea of maintaining operations at the last nuclear power plant in the state, Diablo Canyon, past its planned shutdown
In this article AAPL Apple CEO Tim Cook greets customers at the new Apple Store on Broadway in downtown Los Angeles, California, U.S., June 24, 2021. Lucy Nicholson | Reuters Apple will report second-quarter earnings on Thursday after the bell. Here’s what Wall Street is expecting from Apple in the second quarter, according to Refinitiv
In this article AMZN Amazon CEO Andy Jassy speaks with CNBC’s Jon Fortt. CNBC Amazon will report first-quarter earnings after the bell on Thursday. Here’s what Wall Street is expecting: Earnings: $8.36 per share, according to Refinitiv Revenue: $116.3 billion, according to Refinitiv Here are some other key revenue numbers: Amazon Web Services: $18.27 billion
In this article TSLA Elon Musk, chief executive officer of Tesla Inc., arrives at court during the SolarCity trial in Wilmington, Delaware, U.S., on Tuesday, July 13, 2021. Al Drago | Bloomberg | Getty Images A Delaware court ruled in favor of defendant Elon Musk on Wednesday in a shareholder lawsuit over Tesla‘s $2.6 billion
In this article FB Mark Zuckerberg told the world last October that he was rebranding Facebook to Meta as the company pushes toward the metaverse. Facebook | via Reuters Meta, the company formerly known as Facebook, is set to report first-quarter earnings after the bell on Wednesday. Here are the key numbers: Earnings per share:
Silhouettes of laptop and mobile device users are seen next to a screen projection of the YouTube logo. Dado Ruvic | Reuters During the pandemic, YouTube was one of Alphabet’s prime growth engines as more people were glued to their screens while stuck at home. The video site continued its rapid expansion last year as
In this article MSFT Microsoft CEO Satya Nadella speaking at the DLD (Digital-Life-Design) conference in Munich, Germany, on Jan. 16, 2017. Tobias Hase | dpa | picture alliance | Getty Images Microsoft will announce fiscal third-quarter earnings after market close on Tuesday. Here’s what Wall Street is expecting: Earnings: $2.19 per share, adjusted, as expected
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