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Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock, SEC filing says
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Drew Baglino, who announced he'd be leaving Tesla on April 15, is selling 1.14 million shares of the electric car company, according to a filing on April 25.
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Alphabet tempers fears that it's falling behind in AI with blowout first-quarter results
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Alphabet's revenue jumped 15% in the first quarter and profit in the company's cloud business more than quadrupled.
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Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
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Microsoft has more demand than supply for running artificial intelligence models in the cloud.
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Microsoft shares jump 4% after the big AI winner delivers in all the right places
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Once again, Microsoft touted share gains as more and more customers used Azure's platforms and tools to build their own AI solutions.
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Cramer praises companies like Chipotle that can grow despite a slowing economy and inflation
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CNBC's Jim Cramer said companies that perpetually generate "self-help" are poised to do well in this market.
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Intel shares fall after company provides weak forecast for the current quarter
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Intel's report was the first since the company revealed that it had restructured its financial reports to make Intel Foundry a separate line item.
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Why ARK Invest thinks it’s an 'amazing time' to invest in cutting-edge tech
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ARK Invest's Brett Winston is betting big on private tech companies for long-term gains.
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Microsoft cloud growth accelerates on back of AI push
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Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.
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Snap shares soar 23% as company beats on earnings, shows strong revenue growth
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Snap reported first-quarter results that beat analysts' estimates
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Mark Zuckerberg's net worth plummets by more than $18 billion in Meta stock drop
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Meta shares plunged on Thursday, bringing down Mark Zuckerberg's net worth, after the CEO told Wall Street about the many ways his company is losing money.
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Paramount and Skydance inch closer to a merger as key hurdle looms, sources say
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Paramount Global and Skydance are getting closer to final terms on a merger agreement, sources told CNBC, but a renewal with Charter remains an obstacle.
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Stripe co-founder says high interest rates flushed out Silicon Valley's 'wackiest' ideas
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Rising interest rates in the past couple of years had a chilling effect on Silicon Valley, but Stripe co-founder John Collison said it was healthy.
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Trump trial: Defense attorneys begin cross-examination of David Pecker
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The New York criminal trial of Donald Trump resumed with testimony from former National Enquirer publisher David Pecker.
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Meta tumbles 10% on weak revenue forecast and Zuckerberg's comments on spending
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Meta shares tumbled on Thursday after the company issued weak revenue guidance that overshadowed its first-quarter earnings beat.
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Rubrik stock pops 16% in NYSE debut after company prices IPO above range
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Rubrik's shares appeared to be attractive to investors that have been starved for new business software names for years.
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Open seating no more? Southwest CEO says airline is weighing cabin changes
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Southwest stands apart from other large airlines because it does not have seat assignments.
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This job perk is like a 'cash bonus' — but you need a long-term strategy, experts say
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Restricted stock units are a common type of equity compensation. Here's what to know about this popular employee benefit, according to experts.
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Middle East escalation could trigger oil price shock that fuels inflation, World Bank warns
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Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank.
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How to start a high-paying side hustle: 'It has to be something that you're actually passionate about,' says expert
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There are all sorts of ways to make money on the side. But if you really want to find success, choose something you're passionate about, says Kathy Kristof.
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Taylor Swift’s new song resonates with working women — ‘I cry a lot but I am so productive, it's an art’
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A lyric from Taylor Swift's "I Can Do It With a Broken Heart," on her new "Tortured Poets Department" album, is resonating with many working women on TikTok.
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Supreme Court appears skeptical of Trump's blanket presidential immunity argument
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Donald Trump was not at the Supreme Court to hear the immunity arguments because he was required to attend his New York criminal hush money trial.
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A key deadline for student loan forgiveness consolidation is just days away. Here's what to know
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Borrowers hoping for student loan forgiveness have just a few more days to act before an April 30 deadline.
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You need at least $1 million to retire comfortably in these 10 U.S. states—half are in the Northeast
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While not everyone hopes to retire as a millionaire, you may need to be one to retire comfortably in these U.S. states, per GOBankingRates.
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Bristol Myers Squibb beats on revenue, launches $1.5 billion cost cuts as it posts quarterly loss
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Bristol Myers Squibb said the charges primarily reflect its acquisition of Karuna Therapeutics and collaboration agreement with SystImmune.
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Teamsters union endorses activist Ancora in Norfolk Southern proxy fight
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The activist at Norfolk Southern won support of the Teamsters union, a key endorsement as Ancora seeks to convince shareholders their plan is the right option.
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Honda to build $11 billion electric vehicle hub in Canada
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Honda and its joint venture partners plan to invest $11 billion in Ontario, Canada, to create a "comprehensive EV value chain," the automaker announced.
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Comcast beats earnings estimates even as it sheds more broadband subscribers
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Comcast beat first-quarter earnings expectations on Thursday.
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GDP growth slowed to a 1.6% rate in the first quarter, well below expectations
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Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.