Match appoints Zillow co-founder Spencer Rascoff as CEO
Match Groupannounced on Tuesday that Zillow co-founder Spencer Rascoff will serve as its new CEO. Rascoff, who has served as a member of the online dating company’s board since March…
Alphabet expects to invest about $75 billion in capital expenditures in 2025
Alphabet CEO Sundar Pichai said the company is planning another big year of spending as it continues to build out its artificial intelligence offering. “We are confident about the opportunities…
Snap shares soar on better-than-expected profit and revenue
Snap shares jumped in extended trading Tuesday after the company reported better-than-expected fourth-quarter results. Here is how the company did compared with Wall Street’s expectations: Earnings per share: 16 cents…
AMD reports profit beat, but misses on data center revenue
Advanced Micro Devices reported fourth-quarter results on Tuesday that beat Wall Street expectations for sales and earnings, but the stock fell about 5% in extended trading as the company missed…
Amazon to face legal action after Quebec warehouse closures trigger mass layoffs
Amazon is set to face legal action from a Canadian union after the company’s decision to wind down warehouse operations in Quebec. The Federation of National Trade Unions, known as…
Stripe closes $1.1 billion Bridge deal, prepares for aggressive stablecoin push
SAN FRANCISCO — What started as a casual roundtable at Stripe’s headquarters to discuss issues facing fintech companies turned into a billion-dollar acquisition that could become a defining moment for…
Apple launches app for party invitations in recurring revenue push
Apple on Tuesday released a new app for creating invitations and sending them to contacts. The app is called Apple Invites. Users can create events, such as birthdays, graduations and…
Spotify shares pop 10% after company reports first profitable year
Spotify shares climbed 10% on Tuesday after the music streaming company recorded its first full year of profitability, closing the fiscal year with 1.14 billion euros in net income. Here…
Alphabet to report Q4 earnings after the bell Tuesday
Google parent company Alphabetis set to report its fourth-quarter resultsafter the bell Tuesday. Here are the numbers Wall Street will be watching: Revenue: $96.56 billion expected by LSEG Earnings per…
Palantir soars 27% to record high as AI powers strong earnings and guidance
Palantir surged more than 27% on Tuesday to a record high after reporting stronger-than-expected fourth-quarter results and guidance driven by ongoing artificial intelligence gains. Shares have skyrocketed 36% since the…