Block reports Q4 revenue up 4% YoY to $6.25B, gross profit up 24% to $2.87B, driven by a 33% surge in Cash App, and forecasts Q1 gross profit up 22% to $2.8B
Block (XYZ.N) on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul …
Block says it is laying off 4,000+ of its 10,000+ employees, saying AI tools have changed “what it means to build and run a company”; XYZ jumps 15%+
Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount.
IBM shares closed down 13.15% after Anthropic outlined in a blog post how Claude Code can automate the exploration and analysis phases of COBOL modernization
International Business Machines stock is getting slammed Monday, becoming the latest perceived victim of rapidly developing AI technology …
ASML reports Q4 net sales of €9.7B, vs. €9.6B est., and €2.84B net profit, vs. €3.01B est., and says it expects China to account for 20% of its total 2026 sales
ASML reported on Wednesday orders that smashed past expectations while 2026 sales guidance was also ahead …
JPMorgan Chase launches a decade-long plan to invest up to $10B in industries critical for US national security, including tech like AI and quantum computing
> into four areas: defense and aerospace, “frontier” technologies including AI and quantum computing, energy technology including batteries, and supply chain and advanced mfng Good...
Opendoor CEO Carrie Wheeler steps down, with Shrisha Radhakrishna named president and interim CEO; OPEN jumps 8%+
Opendoor Technologies Inc., a real estate company that became a meme stock in recent months, said Chief Executive Officer Carrie Wheeler is stepping down immediately as the board s...
Opendoor CEO Carrie Wheeler steps down, with Shrisha Radhakrishna named president and interim CEO; OPEN jumps 8%+
Opendoor Technologies Inc., a real estate company that became a meme stock in recent months, said Chief Executive Officer Carrie Wheeler is stepping down immediately as the board s...
Opendoor CEO Carrie Wheeler steps down, with Shrisha Radhakrishna named president and interim CEO; OPEN jumps 8%+
Opendoor Technologies Inc., a real estate company that became a meme stock in recent months, said Chief Executive Officer Carrie Wheeler is stepping down immediately as the board s...
Palantir reports Q2 revenue up 48% YoY to $1B, vs. $940M est., and boosts full-year outlook guidance to $4.142B-$4.150B, up from $3.89B-$3.90B; PLTR jumps 5%+
where the economy ‘weakens in a self-reinforcing fashion’ Larry Dignan / Constellation Research : Palantir's software revolution: Forget sales people, let value do the talking Lore...
Trump says the US is “terminating all discussions on trade with Canada” in response to Canada's decision to impose a digital services tax on US tech firms
Talks Are Over Emma Roth / The Verge : Trump halts trade negotiations with Canada over tax on Big Tech. Tom Howell Jr / Washington Times : Trump cancels trade talks with Canada ove...
Sources: Uber is in talks with Travis Kalanick to help fund his acquisition of Pony.ai's US arm; Pony.ai has permits to operate robo taxis in the US and China
and Uber might help Natalie Lung / Bloomberg : Uber in Talks With Kalanick to Fund Pony.AI Bid, NYT Says Mike Isaac / The Straits Times : Uber in talks with founder to help buy US ...
Circle's stock soared 168% on Thursday, closing at $83.23, after the stablecoin company priced its NYSE IPO at $31 and raised almost $1.1B in the offering
Shares of Circle Internet Group soared 168% on Thursday after the stablecoin company and its selling shareholders raised almost $1.1 billion in an initial public offering.
Neobank Chime files for a Nasdaq IPO under CHYM, reporting active members up 23% YoY to 8.6M at the end of March 2025 and $251 average revenue per active member
Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file under the ticker symbol “CHYM.”
Nvidia reports Q4 revenue up 78% YoY to $39.33B, vs. $38.05B est., Data Center revenue up 93% to $35.6B, and FY 2025 revenue up 114% to $130.5B
Nvidia reported fourth-quarter earnings after the bell on Wednesday that beat Wall Street expectations. The company also provided strong guidance for the current quarter.
Apple reports a record $124.3B revenue in Q1, up 4% YoY, net income up 7.1% to $36.3B, China net sales down 11% to $18.5B, largest drop in China since Q1 2024
Analysts are concerned about how Apple will signal the March quarter is shaking out.
Netflix reports Q4 revenue up 16% YoY to $10.2B and 301.6M global subscribers, adding 18.9M subscribers, more than double analysts' estimates; NFLX jumps 14%+
- Netflix is raising subscription prices in its biggest market — Report marks the end of regular quarterly customer updates
Filing: the Northern District Court of California gives the US government final approval to sell 69,370 BTC, worth $6.5B, seized in its Silk Road investigation
The ruling does not ensure immediate liquidation of the seized Bitcoin, as federal asset forfeiture requires several administrative processes.
SEC chair Gary Gensler will step down on January 20; it has been traditional for SEC chairs to resign if the administration changes in the middle of their term
Brady Dale / Axios :
Bitcoin passed $89K for the first time, Tesla closed up 8.96%, Coinbase closed up 19.76%, and Robinhood closed up 7.4%, as investors pile into “Trump trades”
It Just Had Its Best One Ever Steven Walgenbach / Inside Bitcoins : BlackRock Bitcoin ETF Hits New Record As Polymarket Odds Of Bitcoin Hitting $100K This Year Soar Vladimir Popesc...
Sources: Nvidia, Apple, and Microsoft, the three most valuable tech companies, are in talks to participate in a funding round that would value OpenAI at $100B+
- Apple, Microsoft also have been in talks about participating — Financing would value OpenAI at more than $100 billion