Michael Intrator, founder and CEO of CoreWeave Inc., Nvidia-backed cloud services provider, attends his company’s IPO at the Nasdaq Market in New York City on March 28, 2025. Brendan McDermid | Reuters CoreWeave CEO Michael Intrator reinforced the company’s plans to spend on growth to feed demand for its infrastructure following its first earnings report […]
CoreWeave (CRWV) Q1 2025 earnings report
Mike Intrator, co-founder and CEO of CoreWeave, testifies during a U.S. Senate Commerce Committee hearing on artificial intelligence in Washington on May 8, 2025. Brendan Smialowski | Afp | Getty Images Shares of artificial intelligence infrastructure provider CoreWeave reported better-than-expected revenue on Wednesday in the company’s first earnings release since going public. The stock popped […]
Fintech company Chime files for Nasdaq IPO
Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file under the ticker symbol “CHYM.” “Chime is a technology company, not a bank,” the company said in its prospectus, noting it’s not a member of the […]
KindlyMD merging with Trump crypto advisor David Bailey’s Nakamoto
Shares of KindlyMD skyrocketed 250% Monday after the healthcare company announced a merger with Nakamoto Holdings, a bitcoin investment company founded by David Bailey, a key cryptocurrency advisor to President Donald Trump. The newly formed company has secured $200 million in convertible debt and $510 million in fresh capital through a private investment in public […]
Google to pay Texas $1.4 billion in data privacy settlement
A Google corporate logo hangs above the entrance to the company’s office at St. John’s Terminal in New York City on March 11, 2025. Gary Hershorn | Corbis News | Getty Images Google agreed to pay nearly $1.4 billion to the state of Texas to settle allegations of violating the data privacy rights of state […]
Trump’s crypto agenda threatened by his pursuits of personal profits
U.S. President Donald Trump looks on as he gives remarks outside the West Wing at the White House in Washington, D.C., U.S., May 8, 2025. Kent Nishimura | Reuters President Donald Trump is standing in his own way when it comes to passing crypto legislation. Lawmakers this week rejected the GENIUS Act — a bill […]
Affirm drops 13% on weak forecast, skepticism of CEO’s bet on 0% loans
Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho. Drew Angerer | Getty Images Affirm shares plunged on Friday after the fintech company issued a weak forecast, and investors questioned CEO […]
Lyft Q1 earnings report 2025
Lyft signage on a vehicle in New York, US, on Tuesday, Feb. 6, 2024. Shelby Knowles | Bloomberg | Getty Images Lyft shares jumped 7% after the company boosted its share buyback plan to $750 million in its first quarter earnings report. Shares were as high as 10% post-earnings. Here’s how the ridesharing company did: […]
AppLovin shares pop on earnings beat, mobile gaming business sale
Thomas Fuller | SOPA Images | Lightrocket | Getty Images AppLovin shares soared as high as 15% in extended trading after the company reported earnings and revenue that beat expectations and announced the sale of its mobile gaming business. Here’s how the company did compared to LSEG consensus estimates: Earnings: $1.67 per share vs $1.45 […]
Electronic Arts (EA) Q4 earnings fiscal 2025
Visitors play the EA Sports FC 25 game in front of a placard with England’s midfielder Jude Bellingham at the Electronic Arts booth during the media day at the Gamescom video games trade fair in Cologne, western Germany, on Aug. 21, 2024. Ina Fassbender | AFP | Getty Images Electronic Arts shares rose more than […]