Year: 2025
Trump says Mexico, Canada tariffs will start March 4, plus additional 10% on China
U.S. President Donald Trump hosts his first cabinet meeting with Elon Musk in attendance, Washington, D.C., U.S., February 26, 2025. Brian Snyder | Reuters President Donald Trump on Thursday said that his proposed tariffs on Mexico and Canada will go into effect on March 4, and that China will be charged an additional 10% tariff […]
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Snowflake surges 13% on earnings beat as company expands AI push
Jakub Porzycki | Nurphoto | Getty Images Snowflake shares popped more than 13% Thursday after the data analytics software company posted stronger-than-expected fourth-quarter results. The company reported adjusted earnings of 30 cents per share on $987 million in revenue, surpassing the 17 cents per share and $956 million in sales expected by analysts polled by […]
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Trump’s proposed ‘gold card’ visa comes with a hidden tax benefit
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. President Donald Trump’s proposed $5 million “gold card” for U.S. residency would be one the most expensive in the world, according […]
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WBD adds 6.4 million Max subscribers, forecasts 150 million subs by end of 2026
A sign outside of the Warner Brothers Discovery Techwood Turner Broadcasting campus is seen on June 26, 2024 in Atlanta, Georgia. Kevin Dietsch | Getty Images Warner Bros. Discovery said Thursday it added 6.4 million global streaming subscribers in the fourth quarter for a total of 116.9 million subscribers. Fourth-quarter revenue for the streaming segment, […]
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Stripe’s valuation climbs to $91.5 billion in secondary stock offer
Stripe announced a tender offer for employees and shareholders on Thursday that values the payments startup at $91.5 billion, the closest the company has been to its peak valuation of $95 billion in 2021. “We very much care about providing good liquidity for employees and existing shareholders,” Stripe co-founder and President John Collison told CNBC’s […]
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Qatar attracts VC fund managers to Doha with its $1 billion ‘fund of funds’
Key Points Qatar Investment Authority’s $1-billion fund of funds has accepted its first group of venture capital fund managers. Raj Ganguly, co-CEO of B Capital, hailed the Gulf state’s approach to artificial intelligence, and its support for the sector, as of particular interest. It comes as Qatar looks to diversify away from its dominant oil […]
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State Street, Apollo team up to launch first of its kind private credit ETF
ETF Edge State Street, Apollo team up to launch first of its kind private credit ETF Published Thu, Feb 27 20258:44 AM EST Bob Pisani@BobPisani WATCH LIVE Source
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State Street, Apollo team up to launch first of its kind private credit ETF
ETF Edge State Street, Apollo team up to launch first of its kind private credit ETF Published Thu, Feb 27 20258:44 AM EST Bob Pisani@BobPisani WATCH LIVE Source
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Stocks making the biggest moves premarket: Nvidia, Snowflake, Salesforce, eBay and more
Check out the companies making headlines in premarket trading. Nvidia — The artificial intelligence darling ticked up about 1% after Nvidia reported earnings and revenue that surpassed Wall Street estimates in the fourth-quarter . It also issued a better-than-expected outlook for revenue in the current quarter. To be sure, Nvidia also warned that global competition […]
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Amazon touts its first quantum computing chip a week after Microsoft’s unveiling
Amazon on Thursday revealed its first chip for quantum computing, and said the design is a step toward building efficient high-scale systems. The processor is called Ocelot, and the announcement comes as more tech companies tout their advancements in quantum. Last week, Amazon cloud rival Microsoft showed off its inaugural quantum chip. Microsoft had a […]
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