Ex-Twitter GM Nick Caldwell sues Elon Musk, X over unpaid severance
Harun Ozalp | Anadolu Agency | Getty Images Former Twitter exec Nick Caldwell is suing Elon Musk and X, alleging a breach of contract and a failure to pay severance…
Why direct-to-consumer darlings Casper, Allbirds, Peloton now struggle
The direct-to-consumer boom is coming to an end. A once-bustling group of companies, backed by billions in venture capital funding, saw a record year for IPOs in 2021. Now, three…
Stocks making the biggest moves premarket: PLTR, COST, PTON
Check out the companies making headlines before the bell. Peloton — Shares of the fitness company provider jumped 3.8% on Friday, a day after Peloton announced that it is partnering…
Stocks making the biggest moves midday: PTON, COST, STZ
Check out the companies making headlines in midday trading. Peloton — Shares of the fitness company soared nearly 10%, after adding 14% in the prior session, on news of its…
5 things to know before the stock market opens Friday
Here are the most important news items that investors need to start their trading day: 1. Winning streaks in jeopardy A stellar run for U.S. stock has hit a hurdle…
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…
Startup bubble fueled by Fed cheap money policy finally burst in 2023
Scooters take over SXSW in Austin, TX As the last decade came to an end, it was easy for a young engineer to hop on a Bird scooter and ride…
Amazon to unveil Affirm buy now, pay later for small business
Amazon is unveiling its first buy now, pay later checkout option for the millions of small business owners who use its online store, CNBC learned exclusively. The tech giant confirmed…
Peloton shares soar on partnership with Lululemon
Jen Van Santvoord rides her Peloton exercise bike at her home in San Anselmo, California. Ezra Shaw | Getty Images Peloton and Lululemon are joining forces. The two companies announced…
Stocks making the biggest moves midday: KMX, ACN, PTON, JEF
The Trimble logo is displayed on a smartphone. Igor Golovniov | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Trimble — The…