Tag Archives: CNBC

Trump Media reports $400 million in 2024 losses

Trump Media & Technology Group is worth almost $7 billion, but the company generated less than $4 million in revenue in 2024, according to a new filing.

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Dell shares pop on report of $5 billion deal for AI servers for Elon Musk’s xAI

Elon Musk’s artificial intelligence startup already depends on Nvidia’s chips. Now the reliance stands to become more extreme.

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Amazon ‘anti-union propaganda,’ employee surveillance loom over labor vote at North Carolina warehouse

Amazon workers at a facility near Raleigh, North Carolina, are wrapping up a vote this weekend over whether to unionize.

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Airbnb pops 14%, heads for record rally on earnings beat

Airbnb shares surged 14% and headed for their best day ever after the company reported stronger-than-expected fourth-quarter earnings.

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A growing digital ad market is benefiting giants like Meta and smaller players like Reddit

The digital advertising market is doing so well that even Reddit is getting a cut of the spoils.

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Zuckerberg’s rightward policy shift puts Meta staffers on edge, targets Apple

Meta CEO Mark Zuckerberg’s actions to curry favor with the president have rattled employees, but people familiar with his efforts say there’s a clear strategy.

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TikTok returns to Apple, Google app stores

TikTok has returned to the Apple and Google app stores.

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Airbnb shares pop 15% on better-than-expected earnings and revenue

Airbnb reported fourth-quarter earnings on Thursday that beat analysts’ estimates, but the company issued soft guidance.

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Arm shares rise on report that Meta will buy its first chip

Arm shares rose 5% after a Thursday report that it was developing its own chip and that it had secured Meta as one of its first customers.

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AppLovin skyrockets 33% after earnings beat, strong guidance as analysts raise price target

Applovin was the most successful tech stock in the U.S. last year, soaring over 700% and outperforming even the biggest names in the AI space.

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