Month: May 2022
Robinhood to let users hold their own crypto and NFTs as it reaches for growth beyond stock trading
Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDermid | Reuters Robinhood is handing over the keys to some of its customers’ crypto. The trading and investing company announced […]
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U.S. Rep. Madison Cawthorn lags behind competitors in ad spending heading into primary
Rep. Madison Cawthorn speaks before a rally for former U.S. President Donald Trump at The Farm at 95 on April 9, 2022 in Selma, North Carolina. Allison Joyce | Getty Images U.S. Rep. Madison Cawthorn, R-N.C. hasn’t spent any money on local television ads in his bid to win the GOP primary Tuesday, lagging behind […]
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Santoli: Bulls and bears agree on a potential bounce for stocks here. One group could be a way to play it
This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics. Delayed follow-through to Friday’s bounce as evidence piles up that investors have drastically cut back on their stock bets and consumer activity. Auto-production numbers give the aggressive recession-callers no real backing. The S & P […]
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Elon Musk calls on SEC to evaluate Twitter user numbers
Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. Bloomberg /Getty In the midst of his deal to acquire Twitter, Elon Musk has called on the U.S. Securities and Exchange Commission to look into the social network’s user numbers. Musk, the CEO of Tesla and SpaceX, wrote […]
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Ford-backed robotaxi start-up Argo AI is ditching its human safety drivers in Miami and Austin
Argo AI begins driverless operations in Miami and Austin. Courtesy: Argo AI Robotaxi start-up Argo AI said Tuesday it has begun operating its autonomous test vehicles without human safety drivers in two U.S. cities — Miami and Austin, Texas — a major milestone for the Ford- and Volkswagen-backed company. For now, those driverless vehicles won’t […]
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Twitter loses three more senior employees ahead of Musk deal
The official profile of Elon Musk on the social network Twitter. Rafael Henrique | Lightrocket | Getty Images Three more senior employees are leaving Twitter ahead of Elon Musk’s anticipated buyout, CNBC confirmed Tuesday. Ilya Brown, vice president of product management; Katrina Lane, vice president of Twitter Service; and Max Schmeiser, head of data science […]
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U.S. traffic deaths reached a 16-year high in 2021, according to government estimates
Investigators look over the scene of a crash between an SUV and a semi-truck full of gravel near Holtville, California on March 2, 2021. Patrick T. Fallon | AFP | Getty Images More people died on U.S. roadways last year than any year since 2005, according to new data released Tuesday by federal vehicle safety […]
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22. Tala
Founder: Shivani Siroya (CEO)Launched: 2014Headquarters: Santa Monica, CaliforniaFunding: $362.1 millionValuation: $800 million (PitchBook)Key technologies: Machine learningIndustry: FintechPrevious appearances on Disruptor 50 List: 2 (No. 20 in 2021) Fintech start-up Tala is continuing its mission to improve the financial health of underserved and underbanked populations. Founded in 2011 by Shivani Siroya, the Santa Monica-based company uses its mobile […]
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Walmart’s lousy quarter has us looking to exit our position in the retailer
We aren’t very interested in waiting around for management to show us that they can turn things around. So we’re downgrading the stock to a 3 rating. Source
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How grief and burnout pushed this 27-year-old to follow her lifelong dream of opening a bookstore: ‘This was a pipe dream’
When Lucy Yu was 7 years old, she told her mom she wanted to retire and open a bookstore one day. She’d always loved reading and, as the only child raised primarily by her single mother who immigrated from China, turned to books as a source of comfort. Now, at age 27, Yu is living […]
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