Technology
Pinterest shares tank 20% on earnings miss, weak guidance
Pinterest shares plunged as much as 20% in after-hours on Thursday after the social media company reported a fourth-quarter earnings miss and issued weak guidance. Here’s how the company did, compared to analysts’ consensus estimates from LSEG: Earnings per share: 67 cents adjusted vs. 69 cents expected Revenue: $1.32 billion vs. $1.33 billion expected Pinterest […]
Read More
Airbnb shares rise on company’s revenue beat, rosy guidance
Shares of Airbnb were up about 2% in extended trading Thursday after the company reported fourth-quarter results that beat expectations for revenue and offered rosy guidance for the current period. Here’s how the company did based on analysts’ estimates compiled by LSEG: Earnings per share: 56 cents vs. 66 cents expected Revenue: $2.78 billion vs. $2.72 billion […]
Read More
Instacart stock pops 14% on revenue beat, rosy guidance
Instacart shares climbed 14% during extended trading on Thursday after the grocery delivery company reported strong fourth-quarter revenue and upbeat guidance. Here’s how the company did versus LSEG estimates: Earnings per share: 30 cents vs. 52 cents expected Revenue: $992 million vs. $974 million expected Revenue grew 12% from a year ago. Net income totaled […]
Read More
Rivian stock rises 15% as automaker tops Q4 expectations, targets significant production increase
The Rivian R2 is on display during the 2025 Los Angeles Auto Show at the Los Angeles Convention Center on Nov. 23, 2025 in Los Angeles, California. Josh Lefkowitz | Getty Images Rivian Automotive on Thursday beat Wall Street’s fourth-quarter expectations and said it’s targeting a significant increase in vehicle deliveries this year, but the […]
Read More
AWS CEO Garman says software AI fears are ‘overblown’
Amazon Web Services CEO Matt Garman suggested that investors might be worrying too much about the risk of artificial intelligence models slowing growth of major software companies. “Look, my own opinion is that much of the fear is overblown,” Garman told CNBC’s Jon Fortt on Thursday. Technology stocks have sold off this year following the […]
Read More
Anthropic closes $30 billion funding round as cash keeps flowing into top AI startups
CEO and Co-Founder of Anthropic Dario Amodei speaks during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. Denis Balibouse | Reuters OpenAI has the largest private tech fundraising round on record. Rival Anthropic now has the second. Anthropic announced on Thursday the close of a $30 billion funding round […]
Read More
Trucking and logistics stocks drop on release of AI freight scaling tool
Tractor trailers sit parked at a J.B. Hunt Transport Services Inc. facility in Columbus, Ohio. Luke Sharrett | Bloomberg | Getty Images Shares of several trucking and logistics companies declined Thursday on fears that new artificial intelligence tools could slash major freight inefficiencies, leading to less demand for the industry’s services. A new tool from […]
Read More
FTC tells Tim Cook to look into reports Apple News is censoring conservatives
US businessman Tim Cook looks on during the World Economic Forum (WEF) annual meeting in Davos on Jan. 20, 2026. Ludovic Marin | AFP | Getty Images FTC Chair Andrew Ferguson has called on Tim Cook to review possible political bias in Apple News’ practices after allegations that the platform is censoring conservative news outlets. […]
Read More
Cisco’s memory-price warning is having ripple effects across the tech sector
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. Wall Street is lower Thursday, with declines picking up steam after the conclusion of the Morning Meeting. The market rotation into cyclicals from technology stocks, especially software, continues to […]
Read More
Waymo begins deploying next-gen Ojai robotaxis to extend its U.S. lead
A Waymo autonomous vehicle outside the Google headquarters in Mountain View, California, US, on Tuesday, Feb. 3, 2026. David Paul Morris | Bloomberg | Getty Images Waymo on Thursday said it has begun using its sixth-generation driverless system to provide robotaxi rides to employees on Ojai vehicles, which use a base model made by Chinese […]
Read More