SoftBank reports a $4.6B gain on its Vision Fund in the fiscal year to March 2024, the first gain since 2021, after ByteDance and DoorDash rose in value — SoftBank posted a 724.3 billion Japanese yen ($4.6 billion) gain on its Vision Fund…
A federal judge dismisses X's lawsuit against Bright Data over data scraping; Meta previously filed a suit against Bright Data and was similarly unsuccessful — Tesla CEO Elon Musk — A federal judge in California dismissed a lawsuit filed…
Alibaba releases Qwen2.5 and says 90K+ companies use its Qwen models; OpenCompass: Qwen2.5 beats GPT-4 in language and creation but not knowledge or reasoning — The logo of the Alibaba office building is seen in the Huangpu District in…
Airbnb reports Q1 revenue up 18% YoY to $2.14B, vs. $2.06B est., Nights and Experiences Booked up 9.5% YoY, and Q2 guidance below est.; ABNB drops 8%+ — In this photo illustration, the Airbnb logo is displayed on a computer monitor and…
A new survey from CNBC/Generation Lab found that an overwhelming 81% of young adults believe a four-day workweek would boost their company's productivity.
Disney reported Disney+ and Hulu had a $47M operating income in Q2, vs. a $587M loss YoY, the first time the streaming services had a combined quarterly profit — The “Partners” statue of Walt Disney and Mickey Mouse, at Cinderella Castle…
The youngest generation of American workers is prepared to move away from states that pass abortion bans and to turn down job offers in states where bans are already in place, a new survey from CNBC/Generation Lab finds.
Nearly half of younger workers say they would turn down a job offer if it meant moving to a state that bans abortion, a new NBC/Generation Lab survey finds.
Palantir reports Q1 revenue up 21% YoY to $634M, vs. $625M est., and a $106M net income, up from $16.8M in Q1 2023; PLTR drops 9% on weak guidance — Alex Karp, CEO of Palantir, arrives for the “AI Insight Forum” at the Russell Senate…
On CNBC's “Halftime Report Final Trades,” Brian Belski of BMO Capital Markets said Prologis, Inc. (NYSE:PLD) has a 3.7% yield. REITs are “coming back strongly,” he added.
Apple Q2 revenue: iPhone down 10% YoY to $45.96B, Mac up 4% to $7.45B, iPad down 17% to $5.56B, and Wearables, Home, and Accessories down 10% to $7.91B — Apple CEO Tim Cook waves to journalists after his meeting with Indonesian President…