Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes The cloud provider announced it is laying off 20% of its workforce as agentic artificial intelligence "fundamentally changes" the company's work. cnbc.com cnbc.com / feeds cnbc-com-world .. cnbc-com-top .. cnbc-com-earnings .. cnbc-com-technology .. cnbc-com-entertainment / / #news / / 10 days 10d Share
Coinbase posts steep first-quarter loss after slide in crypto prices Crypto trading platform Coinbase reported a surprise first-quarter loss and weaker-than-estimated revenue after the market close Thursday. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-technology .. cnbc-com-entertainment .. cnbc-com-earnings .. cnbc-com-world .. cnbc-com-investing / / #news / / 10 days 10d Share
Datadog stock soars 31% on blockbuster earnings as AI winners emerge in software Datadog's results fueled shares of other cloud infrastructure names like Snowflake and MongoDB. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-earnings .. cnbc-com-technology / / #news / / 10 days 10d Share
CoreWeave revenue more than doubles in first quarter, topping estimates CoreWeave has been raising billions of dollars in debt to finance its data center buildout as it serves the leading AI companies. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-earnings .. cnbc-com-entertainment .. cnbc-com-technology .. cnbc-com-world / / #news / / 10 days 10d Share
Airbnb tops revenue estimates, but Middle East cancellations rise due to Iran war Airbnb reported mixed first-quarter results after the bell on Thursday and warned of regional weakness due to the war in Iran. cnbc.com cnbc.com / feeds cnbc-com-world .. cnbc-com-top .. cnbc-com-earnings .. cnbc-com-technology / / #news / / 10 days 10d Share
Planet Fitness stock plunges 30% after company slashes guidance, cancels planned price hikes Shares of Planet Fitness plunged Thursday after the fitness company slashed its guidance and canceled planned price hikes. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-earnings .. cnbc-com-health-care .. cnbc-com-retail / / #news / / 10 days 10d Share
Shake Shack shares crater 30% after burger chain reports operating loss Shake Shack CEO Rob Lynch said that winter storms and an increase to its projections for store openings this year weighed on the company's results. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-earnings .. cnbc-com-retail / / #news / / 10 days 10d Share
Peloton beats estimates on revenue as higher subscription prices offer a boost Peloton CEO Peter Stern told CNBC that the company believes raising prices on its subscriptions was a value-driven move. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-earnings .. cnbc-com-business .. cnbc-com-retail / / #news / / 10 days 10d Share
Shipping giant boss warns Iran war will have bigger impact in coming months as customers face price hikes Maersk said the Iran war had introduced an "additional layer of uncertainty" as it reported first-quarter earnings on Thursday. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-world .. cnbc-com-entertainment .. cnbc-com-earnings .. cnbc-com-europe / / #news / / 11 days 11d Share
Oil giant Shell tops quarterly profit estimates as Iran war drives price surge Britain's Shell posted stronger-than-expected quarterly profit as the Iran war sent fossil fuel prices soaring. cnbc.com cnbc.com / feeds cnbc-com-earnings .. cnbc-com-world .. cnbc-com-entertainment .. cnbc-com-top .. cnbc-com-energy .. cnbc-com-europe / / #money / / 11 days 11d Share