Day: February 26, 2026
Jim Cramer isn’t fretting Nvidia’s post-earnings sell-off. Here’s how he would respond
Key Points CNBC’s Jim Cramer said Thursday that Nvidia’s stock was swept up in a wave of institutional selling. “Don’t take today as a referendum on anything,” the “Mad Money” host said. CNBC’s Jim Cramer on Thursday downplayed Nvidia’s post-earnings stock slide, suggesting it was caught up in a vortex of institutional selling that actually […]
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Anthropic CEO Amodei says Pentagon’s threats ‘do not change our position’ on AI
Anthropic CEO Dario Amodei on Thursday said the company “cannot in good conscience” agree to allow the Department of Defense to use its models in all lawful use cases without limitation, adding that the agency’s threats do not change its position. The artificial intelligence startup has been engaged in tense negotiations with the Pentagon in […]
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Trump administration faces first big tariff refund court deadline on Friday
The US Court of International Trade in New York, US, on Thursday, April 24, 2025. Bloomberg | Bloomberg | Getty Images The Trump administration’s Department of Justice is nearing its first big legal deadline in the wake of the U.S. Supreme Court ruling that President Donald Trump’s tariffs issued under the International Emergency Economic Powers […]
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CoreWeave beats revenue projections as backlog swells to nearly $67 billion
Michael Intrator, Chief Executive Officer of CoreWeave Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 22, 2025. Jeenah Moon | Reuters CoreWeave shares fell as much as 11% in extended trading on Thursday after the artificial intelligence-focused cloud infrastructure provider […]
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Stocks making the biggest moves after hours: Block, Intuit, Dell Technologies & more
Check out the companies making headlines in after-hours trading. Block — Payment company Block announced on Thursday that it’s letting go of more than 4,000 employees, or about half of its headcount, leading shares to pop 24% in extended trading. Monster Beverage — Shares of the energy drink maker dropped about 3%. Monster Beverage’s fourth-quarter […]
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FanDuel parent Flutter reports disappointing fourth-quarter earnings
FanDuel parent Flutter Entertainment announced fourth-quarter earnings Thursday that missed Wall Street expectations on nearly every metric. FanDuel’s performance in the final quarter of 2025 was affected by bettors losing more often than usual. When that happens, gamblers get discouraged, bet less and stop using the app as frequently, Flutter CEO Peter Jackson told CNBC […]
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Nintendo realized it couldn’t win the console arms race — so it changed the game
Nearly nine years after its release, the Nintendo Switch has become the company’s best-selling console of all time, with more than 155 million units sold. From the Nintendo Entertainment System rescuing a collapsed gaming market in the 1980s, to the GameCube being outsold by Sony’s PlayStation 2, Nintendo’s hardware history is as much of a […]
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Block shares soar 24% as company slashes workforce by nearly half
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Block said Thursday it’s laying off more than 4,000 employees, or about half of its headcount. The stock skyrocketed […]
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Warner Bros. Discovery deems Paramount Skydance offer superior to Netflix, starting 4-day matching clock
The Paramount logo is shown on a structure at the Paramount studio lot in Hollywood, Los Angeles, California, U.S., Feb. 26, 2026. Mike Blake | Reuters Warner Bros. Discovery has valued Paramount Skydance‘s latest offer as superior to Netflix, another twist in the ongoing sale process. Netflix will have four business days to make changes […]
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Netflix CEO Sarandos arrives at White House amid WBD deal pursuit
Netflix CEO Ted Sarandos arrives for meetings at the White House on Feb. 26, 2026 in Washington, DC. Andrew Harnik | Getty Images Netflix CEO Ted Sarandos arrived at the White House on Thursday afternoon for a meeting on his company’s effort to buy part of Warner Bros. Discovery. This is breaking news. Please refresh […]
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