DWAC, BA, SMCI, DIS and more
Check out the companies making headlines in midday trading. Boeing — Shares ticked up 1.3% after the aerospace company said earlier on Monday that CEO David Calhoun would step down…
(RDDT) starts trading on NYSE
Reddit shares jumped as much as 70% in their debut on Thursday in the first initial public offering for a major social media company since Pinterest hit the market in…
Amazon gets boost from 72% pop in AI company Astera Labs’ IPO
In this photo illustration, Astera Labs logo is seen on a smartphone and on a pc screen. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Amazon CEO Andy…
Reddit prices IPO at $34 per share, valuing company at $6.5 billion
In this photo illustration a Reddit logo is seen displayed on a smartphone. Mateusz Slodkowski | Sopa Images | Lightrocket | Getty Images Reddit, the 19-year-old website that hosts millions…
FTC chair Lina Khan takes victory lap on blocking Nvidia-Arm merger
Federal Trade Commission Lina Khan speaks during the New York Times annual DealBook summit on November 29, 2023 in New York City. Michael M. Santiago | Getty Images Federal Trade…
AI and semiconductor stocks surge after Nvidia’s earnings beat
A microchip and the Nvidia logo displayed on a phone screen are seen in this photo taken in Krakow, Poland, on April 10, 2023. Nurphoto | Getty Images Artificial intelligence…
Wariness over rate cuts lingers
Traders react as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, March…
Is progress on inflation stalling?
Prices on displayed in a New York grocery store on Feb. 1, 2023. Leonardo Munoz | Corbis News | Getty Images This report is from today’s CNBC Daily Open, our…
COIN, CSCO, ARM, SMCC and more
Check out the companies making headlines in premarket trading. Twilio — Shares dropped nearly 11% after the consumer engagement company issued lower-than-expected revenue guidance for the current quarter. Twilio also…
Tech and AI companies sign accord to combat election-related deepfakes
A group of 20 leading tech companies on Friday announced a joint commitment to combat AI misinformation in this year’s elections. The industry is specifically targeting deepfakes, which can use…