Stripe announced a tender offer for employees and shareholders on Thursday that values the payments startup at $91.5 billion, the closest the company has been to its peak valuation of $95 billion in 2021. “We very much care about providing good liquidity for employees and existing shareholders,” Stripe co-founder and President John Collison told CNBC’s…
At the Meta Connect developer conference, Mark Zuckerberg, head of the Facebook group Meta, shows the prototype of computer glasses that can display digital objects in transparent lenses. Andrej Sokolow | Picture Alliance | Getty Images Meta on Thursday revealed the latest version of its experimental smart glasses intended to help bolster research into artificial…
CNBC’s Jim Cramer on Thursday reflected on the market instability tied to President Donald Trump’s tariff announcements and suggested a few sectors and stocks that could withstand the new trade policies. “Wall Street hates tariffs, but what it hates even more is inconsistency and unpredictability,” he said. Trump has slated substantial tariff hikes on some…
Rep. Jim Jordan (R-OH) is interviewed by FOX and Friends at the U.S. Capitol on Jan. 3, 2025 in Washington, DC. Chip Somodevilla | Getty Images House Judiciary Chair Jim Jordan, R-Ohio, sent subpoenas to eight technology companies asking for more information about their communications with foreign governments over concerns that they seek to “censor…
Pra-chid | Istock | Getty Images With tax season well underway, you may be eager for strategies to reduce your 2024 taxes or boost your refund. However, there are limited options, especially for so-called “W-2 employees” who earn wages, experts say. After Dec. 31, there are “very few” tax moves left for the previous year,…
Jakub Porzycki | Nurphoto | Getty Images Snowflake shares popped more than 7% Thursday after the data analytics software company posted stronger-than-expected fourth-quarter results. The company reported adjusted earnings of 30 cents per share on $987 million in revenue, surpassing the 17 cents per share and $956 million in sales expected by analysts polled by…
Russell Vought, director of the Office of Management and Budget (OMB) nominee for US President Donald Trump, during a Senate Budget Committee confirmation hearing in Washington, DC, US, on Wednesday, Jan. 22, 2025. Al Drago | Bloomberg | Getty Images The Consumer Financial Protection Bureau‘s new leadership on Thursday dismissed at least four enforcement lawsuits…
Katy Perry performs during the opening ceremony of the 2025 Invictus Games at BC Place on February 08, 2025 in Vancouver, British Columbia. Samir Hussein | Wireimage | Getty Images Singer Katy Perry and CBS’ Gayle King will join Jeff Bezos’ fiancee Lauren Sanchez on his rocket company Blue Origin’s next crewed mission. The company…
U.S. President Donald Trump hosts his first cabinet meeting with Elon Musk in attendance, Washington, D.C., U.S., February 26, 2025. Brian Snyder | Reuters President Donald Trump on Thursday said that his proposed tariffs on Mexico and Canada will go into effect on March 4, and that China will be charged an additional 10% tariff…
Axon Enterprise CEO Rick Smith told CNBC’s Jim Cramer on Wednesday how the company, which makes technology and equipment for law enforcement, is trying to help police reduce gun use. “We are on a mission to make the bullet obsolete, and specifically cut gun deaths in policing by 50% over the next ten years,” he…
