Year: 2025
Reddit shares slump 6% on daily active user miss
Steve Huffman, co-founder and CEO of Reddit, speaks during WSJ Tech Live conference hosted by the Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on October 21, 2024. Frederic J. Brown | Afp | Getty Images Reddit shares dropped more than 6% Thursday after the social media company fell short of […]
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Google joins $350 million funding round for humanoid robotics company Apptronik
Tesla robotics development rival Apptronik announced a $350 million Series A funding round Thursday morning to scale the production of artificial intelligence-powered humanoid robots. The funding round was co-led by B Capital and Capital Factory, and included backing from Google, CEO Jeff Cardenas said in an exclusive Squawk Box interview Thursday. Apptronik, a Texas-based robotics […]
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Producer prices report points to softer Fed inflation measure than feared
A gauge of wholesale prices rose more than expected in January, though some details of the report indicated that pipeline inflation pressures are easing. The producer price index, which measures what producers get for their goods and services, increased by a seasonally adjusted 0.4% on the month, compared with the Dow Jones estimate for 0.3%, […]
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Trump reciprocal tariffs news conference set for 1 p.m.
U.S. President Donald Trump reads about tariffs on steel and aluminum, as Howard Lutnick stands in the background, in the Oval Office of the White House in Washington, U.S., Feb. 10, 2025. Kevin Lamarque | Reuters President Donald Trump set an Oval Office news conference on his plan to impose reciprocal tariffs on other countries […]
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Prenuvo adds new health tests to flagship full-body scan, raises $120 million in fresh funding
Prenuvo’s clinic in New York City, New York. Courtesy of Prenuvo Preventative health startup Prenuvo on Thursday announced it will offer three new health assessments in addition to its flagship full-body MRI scan. The company is launching a detailed blood test, neurological scan and body composition analysis that was approved by the U.S. Food and […]
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Crypto scams likely hit a new record in 2024, driven by ‘pig butchering’ and AI, says Chainalysis
Chainalysis said that crypto wallets linked to scams received $9.9 billion in cryptocurrency in 2024, according to its initial estimates Boonchai Wedmakawand | Moment | Getty Images Crypto fraud revenue is estimated to have hit record levels last year amid a surge in so-called romance scams as cybercriminals leverage artificial intelligence and become more organized, […]
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Stocks making the biggest moves premarket: Robinhood, Deere, Cisco Systems, AppLovin and more
Check out the companies making headlines before the bell. Robinhood — The digital trading platform rallied 13% after reporting stronger-than-expected revenue for the fourth quarter. Robinhood posted $1.01 billion in the period, coming above the LSEG consensus estimate of $944.6 million. MGM Resorts — The resorts and casinos stock jumped nearly 10%. The company posted […]
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Car rams into Munich crowd injuring at least 28 in suspected attack
Members of the emergency services work at the scene where a car drove into a crowd in the southern German city of Munich on February 13, 2025 leaving several people injured, police said. Michaela Stache | Afp | Getty Images MUNICH— German police said Thursday that at least 28 people were injured when a car plowed […]
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U.S. investors, Big Pharma race to find new medicines in China
A worker is working on a drug production line at the production workshop of a pharmaceutical company in Meishan, China, on January 30, 2024. \ Nurphoto | Nurphoto | Getty Images A little-known biotech company stunned the biopharmaceutical industry last spring when it declared an “unprecedented” achievement: its experimental cancer drug looked more effective than […]
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Elon Musk calls for the U.S. government to delete entire agencies: ‘Remove the roots of the weed’
Tesla and SpaceX CEO Elon Musk delivers remarks as he joins U.S. President Donald Trump during an executive order signing in the Oval Office at the White House on February 11, 2025 in Washington, DC. Andrew Harnik | Getty Images DUBAI, United Arab Emirates — The U.S. government needs to “delete entire agencies” in a […]
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