Omar Mariques | Lightrocket | Getty Images Reddit shares fell about 6% on Friday on concern that a new app from Meta called Forum could create an alternative avenue for internet users to congregate and create discussion groups. Forum, launched as a test app on Apple’s iOS, is part of Facebook Groups. Analysts at Truist…
A new sports competition featuring Olympic medalists will take place in Las Vegas on Sunday. The twist? The competitors can take performance-enhancing drugs. The Enhanced Games, dubbed the “Steroid Olympics,” will see 42 athletes compete across swimming, track and weightlifting. The World Anti-Doping Agency (WADA) and the International Olympic Committee have been highly critical of…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. If you’re looking for a book for the long weekend, JPMorgan has some ideas. Stock futures are higher before the bell. All three major indexes posted a winning day yesterday and are on track for a positive week. Here are…
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. Dimas Ardian | Bloomberg | Getty Images Microsoft had all the pieces to win in vibe coding, thanks to the near ubiquity of GitHub, which the company bought for $7.5 billion in 2018. But repeated…
Nvidia’s earnings on Wednesday capped off another big earnings season for the tech sector. The chip giant reported another blockbuster quarter, with revenue surging 85% to $82 billion. It also unveiled an $80 billion share buyback program and raised its dividend. Investors, as is becoming customary immediately after Nvidia’s booming earnings, weren’t impressed, with shares…
A SpaceX Falcon 9 rocket carrying the company’s Dragon spacecraft is launched on NASA’s SpaceX Crew-12 mission to the International Space Station with NASA astronauts Jessica Meir, Jack Hathaway, ESA (European Space Agency) astronaut Sophie Adenot, and Roscosmos cosmonaut Andrey Fedyaev onboard, on Feb. 13, 2026 from Cape Canaveral Space Force Station in Florida. Aubrey…
Chinese multinational technology company, Lenovo logo seen in Shenzhen. (Photo by Alex Tai/SOPA Images/LightRocket via Getty Images) Alex Tai | SOPA Images | LightRocket | Getty Images Shares of Lenovo surged over 15% on Friday, after the personal computer and electronics giant posted strong revenue growth powered by its growing artificial intelligence business. Group revenue…
This photograph shows displayed collectible cards from the Pokemon Trading Card Game (TCG) at an amateur collector’s appartment in Paris on March 11, 2026. Martin Lelievre | Afp | Getty Images When I was a kid in the late 90s, collecting Pokémon cards was a fun hobby. I’d buy packs, hoping to get the rarest…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. The Memorial Day travel period got off to a bumpy start yesterday: Flyers at New York’s LaGuardia Airport faced delays after a sinkhole — yes, a sinkhole — shut down a runway. Stock futures are ticking lower this morning following…
Bitcoin evangelist Michael Saylor said the coming tokenization of financial assets could change how credit and yield are priced across the economy and pose a direct challenge to traditional banking and brokerage businesses. “The real power of tokenization is it creates a free market in credit formation and yield for asset owners,” the Strategy founder…