Block reported third-quarter revenue on Thursday that trailed Wall Street expectations. The stock initially sold off after hours but erased most of its losses as investors focused more on profitability metrics. Here is how the company did, compared to analysts' consensus estimates from LSEG. Earnings per share: 88 cents adjusted vs. 87 cents expected Revenue:
Jakub Porzycki | Nurphoto | Getty Images Bitcoin rallied Wednesday, hitting all-time highs as former President Donald Trump defeated Vice President Kamala Harris to win the White House. The price of the flagship cryptocurrency was last higher by 9% at about $76,052.66, according to Coin Metrics, after touching a fresh record of $76,493.86. "The themes
In this photo illustration, the Elon Musk's twitter account seen displayed on a mobile phone screen with a Dogecoin logo in the background. Adrees Abbas | Lightrocket | Getty Images Memecoins surged Wednesday as former President Donald Trump clinched a second term in office. Dogecoin surged more than 15% and Shiba Inu gained 6%, according
Adam Foroughi, CEO of AppLovin. CNBC AppLovin shares soared 45% on Thursday after the online gaming and advertising company issued guidance that was well above estimates and reported better-than-expected earnings and revenue. The stock jumped past $245 in early afternoon trading. It's now up 515% this year, far outpacing all other tech companies valued at
Caroline Ellison, former chief executive officer of Alameda Research LLC, arrives at court in New York, US, on Tuesday, Sept. 24, 2024. Michael Nagle | Bloomberg | Getty Images Caroline Ellison, the star witness in the prosecution of FTX founder Sam Bankman-Fried, reported to a low-security federal prison in Connecticut on Thursday, according to a spokesman
Qualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024. Ann Wang | Reuters Qualcomm reported fourth-quarter earnings on Wednesday that beat Wall Street expectations for earnings and revenue, and the company guided to a strong December quarter. The shares rose 10% in extended trading at one point before falling
Data theft and ransomware attacks against health care and critical third-party providers are still happening at an alarmingly high rate in 2024, which is shaping up to be as severe as last year, the worst on record for health care breaches. You might remember the Ascension ransomware attack from May, one of the most devastating
Tesla CEO Elon Musk (R) joins former U.S. President and Republican presidential candidate Donald Trump during a campaign rally at the site of his first assassination attempt in Butler, Pennsylvania, on Oct. 5, 2024. Jim Watson | Afp | Getty Images As Donald Trump celebrated his presidential victory early Wednesday morning, Elon Musk was right
Illustration of the China and U.S. flag on a central processing unit. Blackdovfx | Istock | Getty Images President-elect Donald Trump is unlikely to roll back the Biden administration's CHIPS and Science Act, despite his campaign rhetoric on the bill, experts say. The legislation, which provides incentives for chipmakers to set up manufacturing in the
Remember when recording a phone call on your iPhone felt like trying to solve a Rubik's Cube blindfolded? Well, those days are officially over. With the release of iOS 18.1, Apple has introduced a native call recording feature as part of Apple Intelligence. This new functionality makes it easier than ever to document important conversations.