Elon Musk’s move to build an eye-popping stake in Twitter is sparking speculations that he could take more action to shake up the industry.
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Analysts react to Musk’s big Twitter stake: He could do ‘almost anything’ so ‘use your imagination’
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Lyft CEO Risher says consumer is showing ‘no softness’ as stock slides 15% after earnings
Lyft CEO David Risher defended the company’s fourth-quarter results Wednesday, telling CNBC that consumer demand remains strong. “We have record profits, generated over a billion dollars in cash, and that’s a result of our customer-obsessed strategy, which just keeps working and growing the company,” he told CNBC’s “Squawk Box.” “So, love what we’re seeing, and […]
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Cloudflare pops 10% as AI agent wave led by viral Moltbot boosts security demand
Samuel Boivin | Nurphoto | Getty Images Cloudflare‘s stock rallied 10% Wednesday after the company beat Wall Street’s fourth-quarter estimates and issued upbeat guidance as artificial intelligence adoption fuels demand for its networking and security tools. In an earnings call with analysts Tuesday, CEO Matthew Prince said the rise of AI and agentic tools that […]
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Shopify stock drops despite revenue beat, $2 billion buyback
An employee works at Shopify’s headquarters in Ottawa, Ontario in Canada. Chris Wattie | Reuters Shopify on Wednesday reported fourth-quarter results that beat on the top line and gave strong guidance to start the year. The stock slid more than 3%. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings […]
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