Month: July 2025
Facing questions on AI strategy, Tim Cook says Apple is ‘very open’ to acquisitions
Tim Cook arrives for the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025. David Grogan | CNBC Apple’s AI strategy and investment was on the mind of analysts on an earnings call after the company reported third-quarter earnings that showed […]
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Tariff turmoil: How global CEOs are shifting gears
Trade tensions are rising, forcing top executives to rewrite the rulebook on how their companies operate, where they invest and what customers buy. In interviews with CNBC this earnings season, CEOs across industries — from aluminum and aerospace to chocolate, banking, telecoms, and energy — sent a clear message: tariffs are no longer just a political […]
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Asian visitors to Japan fell because of a strange manga prediction. Here’s why
A fan of Japanese manga reads a comic in his home in Kamisu in Japan’s Ibaraki Prefecture. Philip Fong | Afp | Getty Images Visitor interest in Japan plunged in June, amid a prophecy in a manga that predicted a “disaster” would strike Japan in July 2025. The prediction was in a 2021 reprint of […]
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Figma’s top VCs are sitting on $24 billion worth of stock after massive IPO pop
Figma Inc. signage during the company’s initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, US, on Thursday, July 31, 2025. Michael Nagle | Bloomberg | Getty Images You can almost smell the bubbly wafting across Silicon Valley. Following Figma’s blockbuster market debut on Thursday, four of the most iconic […]
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Amazon’s cloud business records 18% growth in second quarter
Amazon Web Services CEO Matt Garman speaks at the AWS re:Invent conference in Las Vegas on Dec. 4, 2024. Noah Berger | Reuters Amazon’s cloud group grew recorded revenue growth of 18% in the second quarter, slightly ahead of analysts’ estimates. Amazon Web Services continues to lead the cloud infrastructure market, but is facing intensifying […]
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S&P 500 futures are little changed as traders await big jobs report: Live updates
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 30, 2025. Jeenah Moon | Reuters S&P 500 futures were little changed on Thursday night as traders digested the latest Big Tech earnings and awaited July’s jobs report. Futures tied to the broad market index were […]
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Stocks making the biggest moves after hours: Apple, Reddit, Amazon, First Solar and more
Check out the companies making headlines in after-hours trading. Apple — Shares of the megacap tech giant rose 1%. The company said sales of its iPhones grew 13% year over year and overall revenue grew 10%, marking Apple’s largest quarterly revenue growth since December 2021. Apple reported $94.04 billion in revenue for its third quarter, […]
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Coinbase shares tumble as second-quarter revenue disappoints
Coinbase shares fell Thursday as second-quarter revenue came in shy of analysts’ estimates. Gains in the cryptocurrency exchange’s subscription revenue failed to offset weaker trading volumes during the quarter. In the quarter ended June 30, Coinbase net income rose to $1.43 billion, or $5.14 per share, from $36.13 million, or 14 cents per share, a […]
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Figma more than triples in NYSE debut after selling shares at $33
Figma celebrates its initial public offering at the New York Stock Exchange on July 31, 2025. NYSE Figma‘s stock more than tripled in its New York Stock Exchange debut on Thursday, a day after the design software company sold shares at $33 in its initial public offering. The big opening pop is the latest indication […]
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Coinbase says it’s launching tokenized stocks, predictions markets for U.S. users in coming months
Thiago Prudencio | LightRocket | Getty Images Coinbase is planning to expand its core trading app beyond crypto, the company said Thursday. The newly imagined “everything exchange” will include tokenized real-world assets, stocks, derivatives, prediction markets and early-stage token sales. The new offerings will roll out in the next few months, first to U.S. users, […]
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