Bitcoin miner Gridless, backed by Block, builds site at Kenya volcano
HELL’S GATE, Kenya — Two-and-a-half hours northwest of Nairobi by car, a small group of bitcoin miners set up shop at the site of an extinct volcano near Hell’s Gate…
Stocks making the biggest moves midday: CAVA, NVDA, DECK, SQ
Check out the companies making headlines in midday trading. Deckers Outdoor — Shares lost nearly 6.7% after Truist downgraded the footwear company to hold over concerns that demand for core…
Stocks making the biggest moves midday: LW, LEVI, W
Check out the companies making headlines in midday trading. Hertz Global — The car rental company shed about 4% after it was downgraded to sell from neutral at Goldman Sachs.…
Bitcoin jumps above $60,000 for the first time since November 2021
Bitcoin continued its surge on Wednesday, shooting above $60,000 for the first time since November 2021. The price of the flagship cryptocurrency was last higher by 6% at $60,688.00, according…
WBD, RIVN, SQ, LYV and more
Check out the companies making headlines in midday trading. Warner Bros. Discovery — Shares dropped 9.9% after the media conglomerate posted disappointing fourth-quarter results and failed to give 2024 free…
Block (SQ) earnings Q4 2023
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., listens during the Bitcoin 2021 conference in Miami, Florida, on Friday, June 4, 2021. Eva Marie Uzcategui…
Stripe rival soars 21% on profit beat, hiring slowdown
Adyen reported a big miss on first-half sales Thursday. The news drove a $20 billion rout in the company’s market capitalization . Pavlo Gonchar | Sopa Images | Lightrocket |…
PayPal will cut about 2,500 jobs, or 9% of global workforce
PayPal will cut 9% of its global workforce, or about 2,500 jobs, CEO Alex Chriss wrote Tuesday in an internal letter to employees, which was viewed by CNBC. The cuts…
OpenAI debuts GPT Store, new business tier after leadership fracas
OpenAI is back in action after its leadership tumult, debuting two product and service launches on Wednesday: the GPT Store — OpenAI’s answer to the App Store, which allows users…
Affirm’s stock quintupled this year, beating all tech peers
Drew Angerer / Getty Images A year ago, there was little holiday cheer at Affirm. The point-of-sale lender was confronting rising interest rates, recession fears and weakening consumer spending. Affirm…