Month: August 2025
Axon jumps 16% after TASER maker tops results and boosts outlook on security needs
Rick Smith, CEO of Axon Enterprises. Adam Jeffery | CNBC Axon Enterprise‘s stock popped 16% after the TASER maker surpassed Wall Street’s estimates and boosted its guidance due to robust demand for its security solutions. “Demand for new technology from our customers is accelerating, and it’s outpacing even my most optimistic expectations,” said CEO Rick Smith on an earnings call with analysts. “There’s now one breakout product driving conversations. […]
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Trump administration to formally axe Elon Musk’s ‘five things’ email: Reuters
Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tom Brenner | The Washington Post | Getty Images The Trump administration plans as soon as Tuesday to formally axe a program launched by billionaire former Trump adviser Elon Musk requiring […]
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Stocks making the biggest moves midday: Pfizer, Palantir, Coinbase, Staar Surgical and more
Check out some of the companies making the biggest moves midday: Staar Surgical — The implantable eye lens maker ripped 45% higher after agreeing to be bought by Alcon for $28 per share in cash, valuing Staar at about $1.5 billion. The deal is expected to close in the next six to 12 months. DigitalOcean […]
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Coinbase shares slide Tuesday, as crypto play takes double-digit fall from July record
The Coinbase logo is reflected on a cellphone screen in London, England, on Nov. 9, 2021. Leon Neal | Getty Images News | Getty Images Coinbase shares slid on Tuesday after the company announced a $2 billion private offering of convertible senior notes. Shares were last down more than 5%. The decline occurred as investors […]
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Roku launches ad-free streaming service, Howdy, for $2.99 a month
A Roku remote in an arranged photograph in Hastings-on-Hudson, New York, on May 2, 2021. Bloomberg |Getty Images Roku announced Tuesday it’s launched Howdy, a commercial-free streaming service that costs $2.99 a month, in a shift for the company that’s long been know for free, ad-supported viewing. The streaming platform is expected to feature 10,000 […]
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Russia weighs in on U.S.-India tariff spat, saying New Delhi can choose its own trade partners
Russia’s President Vladimir Putin bids farewell to India’s Prime Minister Narendra Modi following their meeting at the Kremlin in Moscow, Russia July 9, 2024. Gavriil Grigorov | Via Reuters Russia on Tuesday weighed into the growing spat between India and the U.S., with the Kremlin saying New Delhi is free to choose its own trading […]
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Murdoch to provide Trump health updates in deal to delay Epstein case deposition
U.S. President Donald Trump and Rupert Murdoch. Kevin Lamarque | Ricky Carioti | Via Reuters Conservative media baron Rupert Murdoch will give President Donald Trump regular updates on his health as part of an agreement to postpone Murdoch’s deposition in Trump’s $10 billion defamation lawsuit against him over a Wall Street Journal article about late […]
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U.S. trade deficit hits a nearly 2-year low in June; China gap plunges
A ferry passenger looks at a cargo ship full of shipping containers at the port of Oakland, California, U.S., August 4, 2025. Carlos Barria | Cb The U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with China shrank to its lowest in more than 21 […]
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Former X CEO Linda Yaccarino takes helm at digital health company eMed
Linda Yaccarino, CEO of X Corp., attends the Milken Institute Global Conference 2025 in Beverly Hills, California, U.S., May 5, 2025. Mike Blake | Reuters Linda Yaccarino, the former chief executive of Elon Musk’s social media platform X, is pivoting into health care. The digital health company eMed Population Health on Tuesday announced it has […]
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Chocolate, skincare and timepieces: What 39% tariffs on Swiss goods mean for U.S. consumers
Premium collection of dark, milk and white chocolates. Anna Kurzaeva | Moment | Getty Images U.S. buyers of Swiss products, from luxury watches and skincare to artisan chocolates, could soon face sharp price rises if negotiators are unable to strike a deal to avert 39% tariffs due to come into effect on Thursday. The announcement […]
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