Day: February 6, 2025
Active ETFs have seen a surge in popularity — here’s a list of the top 10 funds by assets
Investors have piled into actively managed funds at a much faster pace relative to their passive peers, with their assets under management surpassing $1 trillion for the first time in 2024, data from Morningstar showed. Here are the top 10 ETFs by AUM as of early February: Actively managed ETFs attempt to generate higher returns […]
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‘Dangerous proposition’: Top scientists warn of out-of-control AI
Yoshua Bengio (L) and Max Tegmark (R) discuss the development of artificial general intelligence during a live podcast recording of CNBC’s “Beyond The Valley” in Davos, Switzerland in January 2025. CNBC Artificial general intelligence built like “agents” could prove dangerous as its creators might lose control of the system, two of of the world’s most […]
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About 35,000 pieces of space debris are flying around our Earth — meet the Swiss partnership determined to clear it up
Every week, about 50 satellites are launched into space. This number is expected to grow rapidly over the next few years, and with it, an increased risk of collisions — creating debris. These collisions would create problems for us on Earth — whether that be through taking down communications, transport or even banking systems. But one […]
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NCAA bars transgender women from competing in women’s sports
General signage before practice for the first round of the 2024 NCAA Tournament at PPG Paints Arena. Charles LeClaire-USA TODAY Sports The National Collegiate Athletic Association on Thursday updated its transgender student-athlete policy to prohibit trans women from competing in women’s sports, one day after President Donald Trump signed an executive order stating the federal […]
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Doximity shares soar 21% after company beats on revenue, raises fiscal-year guidance
Doximity at the New York Stock Exchange for its initial public offering on June 24, 2021. Source: NYSE Shares of Doximity popped 21% on Thursday after the company reported third-quarter fiscal 2025 results that beat analysts’ expectations for revenue and offered rosy guidance. Here’s how the company did: Earnings per share: 37 cents, may not […]
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Stocks making the biggest moves after hours: Amazon, Pinterest, Expedia and more
Amazon signage during the 2024 CES event in Las Vegas, Nevada, on Jan. 10, 2024. Bridget Bennett | Bloomberg | Getty Images Check out the companies making headlines in extended trading: Amazon — The e-commerce giant fell 2% after issuing weaker-than-expected guidance for the current quarter. Amazon said it forecasts sales in the first quarter […]
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Amazon fourth-quarter cloud revenue falls just shy of Wall Street estimates
Amazon Web Services (AWS) CEO Matt Garman delivers a keynote address during the AWS re:Invent conference in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images Entertainment | Getty Images Amazon said Thursday that revenue growth from its cloud-computing business slowed slightly to just under 19% year over year in the fourth quarter, […]
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Denver Broncos President Damani Leech praises NFL’s diversity commitment as corporate America, government roll back DEI
Denver Broncos President Damani Leech praised the NFL’s commitment to diversity amid corporate and government efforts to reduce diversity, equity and inclusion hiring practices. Leech is one of four African American presidents of NFL teams. “I think we’ve all been hired in the last three to four years,” Leech told CNBC Sport from Radio Row […]
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Staffer at Musk’s DOGE resigns after racist social media posts exposed
Elon Musk, CEO of Tesla, speaks with CNBC on May 16th, 2023. David A. Grogan | CNBC A staff member on the Department of Government Efficiency team led by tech billionaire Elon Musk resigned Thursday after the Wall Street Journal asked the White House about his connection to a social media account that advocated for […]
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Pinterest shares surge as much as 20% after company beats on fourth-quarter revenue, shows strong user growth
Sopa Images | Lightrocket | Getty Images Pinterest shares surged as much as 20% after the social media company reported fourth-quarter earnings Thursday that beat on revenue. Here’s how the company did, compared to analysts’ consensus estimates from LSEG: Revenue: $1.15 billion vs. $1.14 billion expected Fourth-quarter EBITDA: $470.9 million adjusted vs. $444.8 million expected […]
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