The teenage plaintiffs, identified in court documents as S.J. and K.D.B., had alleged in the suit that Snapchat was designed to be addictive and that using the platform from a young age…
"AI infrastructure is undergoing a fundamental architectural shift toward optical connectivity, creating an opportunity that comes along once in a generation," said Marvell Chairman and CEO…
The hyperscaler will sell $10 billion in common stock and $10 billion in senior notes, according to filings with the Securities and Exchange Commission.
The artificial intelligence company said it generated $33.24 billion in revenue for the nine months ended Sept. 30, up roughly 1,200% from the same period last year.
The budget air carrier's profit fell 15% to 2.15 billion euros ($2.3 billion) in the first fiscal half of the year, as the price of its 20% unhedged jet fuel doubled.
The European Credit Company will invest in performing credit across the large and mid-market sectors, including corporate and asset-backed lending, as well as lending to real-asset owners…
Futures for international benchmark Brent crude for January delivery fell 3.91% to $109.00 a barrel as of 4:07 a.m. ET. U.S.
The digital asset industry is hoping to sway races across the country two years after spending about $250 million to elect pro-crypto candidates in 2024.
The funding round is still in progress and has not closed, so the figures are subject to change, a person directly familiar with the deal told CNBC, asking to remain unnamed as they were…
NAACP filed its complaint in April this year against xAI, which is now owned and operated by SpaceX, Elon Musk’s aerospace and defense tech conglomerate.
Despite that strength, sales of its new GLP-1 obesity pill Foundayo, which launched in the U.S. in April, were under Wall Street’s expectations for the quarter.
However, its U.S. turnaround continues to take hold, as its home market topped expectations during the coffee giant’s final quarter of fiscal 2026.
From the first quarter to the third, the number of days it took a dealer to sell a vehicle priced between $20,000 and $29,999 dropped 20%, according to data from Edmunds.
Binance said it has partially tapped its Secure Asset Fund for Users, a portion of its Futures insurance fund, and its corporate treasury to replenish the assets.
Bessent says more than $100 million has been returned to U.S. fraud victims, while Treasury has ordered an audit of approximately $9 billion in contracts.
Coinbase said it earned $2.51 a share in the latest quarter, although it wasn't immediately clear if that compared with the 6-cent-per-share profit that Wall Street analysts had estimated.
The company reported $8.5 billion in underlying replacement cost profit, used as a proxy for net profit.
“We see the PC slowdown continuing at least through the first half of next year,” finance chief David Zinsner said in the earnings release.
The company held its 2026 capital expenditure forecast at $220 billion. Amazon’s aggressive AI spending ate into its cash flow, with the company reporting an outflow of $42.4 billion.
