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January 19, 2022

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CES still on, Davos postponed: Conventions industry rebound in doubt amid omicron

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Attendees take their photo in front of a sign as they arrive at the International CES at the Las Vegas Convention Center. Getty Images Canceled Broadway shows. Shuttered restaurants. Lines of people wrapped around the block at walk-in medical clinics. Businesses sending their employees home. It sounds like a flashback......

Crypto investor Katie Haun is leaving Andreessen Horowitz to launch her own fund

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CNBC – For more and to sign up click here Katie Haun, Andreessen Horowitz General Partner CNBC One of the world’s top crypto investors is leaving Andreessen Horowitz to start her own venture capital fund. Katie Haun, who became Andreessen’s first female general partner in 2018, said her fund will......

Having a best friend at work could play a role in curbing the Great Resignation, experts say

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CNBC – For more and to sign up click here 10’000 Hours | DigitalVision | Getty Images When Abigail Lee joined the skincare start-up, Ren, she was straight out of university and had just moved to London. Lee told CNBC that she was a fan of the brand having tried......

Reusable gift wrap, homemade gifts: Sustainability is on the wish list this holiday season

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CNBC – For more and to sign up click here SustainAble Home Goods sells a selection of eco-conscious products online and also offers cloth wrapping that can be reused. Source: SustainAble Home Goods Some children might be waking up on Christmas morning to find more homemade gifts and a lot......

PayPal stock is having its worst day in 20 months after a disappointing revenue forecast

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CNBC – For more and to sign up click here Dan Schulman, CEO, Paypal speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC PayPal shares plunged the most since the early days of the pandemic on Tuesday, after an earnings report in which......

Stocks making the biggest moves premarket: Pfizer, Canada Goose, Live Nation and more

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CNBC – For more and to sign up click here Check out the companies making headlines before the bell: Pfizer (PFE) – The drug maker’s shares surged 9.4% in premarket trading after a study showed that its experimental Covid-19 antiviral pill reduced the risk of hospitalization and death by nearly......

Ex-Aston Martin executive says Rivian fired her for raising concerns about a ‘toxic bro culture’

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CNBC – For more and to sign up click here Rivian EV Pickup Truck. Adam Jeffery | CNBC A former female executive at Rivian is suing the electric vehicle start-up, claiming she was fired for raising concerns about the company having a “toxic bro culture.” Laura Schwab, who joined Rivian......

Pinterest beats on earnings and revenue even as monthly user number drops

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CNBC – For more and to sign up click here Benjamin “Ben'” Silbermann, co-founder and chief executive officer of Pinterest. Patrick T. Fallon | Bloomberg | Getty Images Pinterest on Thursday reported better-than-expected earnings and revenue for the third quarter despite a decline in monthly users. The company’s stock rose 6%......

Stocks making the biggest moves after hours: Peloton, Pinterest, Uber and more

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CNBC – For more and to sign up click here A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Check out the companies making headlines after the bell:  Peloton —......

Markets could be challenged in the week ahead as the Fed prepares to reverse easy policy

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CNBC – For more and to sign up click here Federal Reserve Chair Jerome Powell speaks during a Senate Banking Committee hearing on Capitol Hill, Washington, December 1, 2020. Al Drago | Pool | Reuters The Federal Reserve is expected to take its first major step away from the easy......

Stocks making the biggest moves in the premarket: Pinterest, PayPal, Tesla and more

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CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Pinterest (PINS) – Pinterest shares tumbled 13.2% in premarket trading after PayPal (PYPL) said it was not pursuing an acquisition of the social media company at this time.......

PayPal says it’s not looking to buy Pinterest right now; shares jump 5%

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CNBC – For more and to sign up click here The PayPal app shown on an iPhone. Katja Knupper | DeFodi Images | Getty Images U.S. payments giant PayPal said Sunday that it is not currently interested in buying social media platform Pinterest. Responding to what it called “market rumors,”......

Facebook, Twitter and digital ad stocks drop sharply after Snap earnings

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CNBC – For more and to sign up click here Shares of Facebook and Twitter and other social media and digital advertising companies are sharply down in after-hours trading, after Snap reported it missed revenue expectations in the third quarter as Apple‘s iPhone privacy changes disrupted its advertising business. Snap......

Pinterest shares close down more than 18% after company reveals decline in users

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CNBC – For more and to sign up click here Pinterest shares closed down 18.24% on Friday after the company’s second-quarter earnings on Thursday revealed a decline in monthly active users. Pinterest posted 454 million monthly active users, down more than 5% from the 478 million the company reported in......

Pinterest lost users in Q2, and the stock is plunging

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CNBC – For more and to sign up click here Ben Silbermann, co-founder, chairman and CEO of Pinterest, speaks in front of the company’s logo at the New York Stock Exchange (NYSE), during the company’s IPO on April 18, 2019 in New York City. Johannes Eisele | AFP | Getty......

Stock futures lower after Fed keeps interest rates near zero

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CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock futures were slightly lower in Wednesday evening trade after the Federal Reserve concluded its two-day meeting of the Federal Open Market Committee by making no move......

Earnings and the Federal Reserve are next big catalysts as stocks enter week ahead on an upswing

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CNBC – For more and to sign up click here Traders at the New York Stock Exchange, July 20, 2021. Source: NYSE Here comes one of the biggest market weeks of the summer. First, the Federal Reserve meets Tuesday and Wednesday. While no action is expected, there could be some......

Shares of Snap soar more than 23% day after earnings beat

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CNBC – For more and to sign up click here Evan Spiegel, CEO of SNAP Inc. Stephen Desaulniers | CNBC Shares of Snap soared more than 23% Friday morning, as the company continued to ride its strong second-quarter earnings beat. The company posted 293 million global daily active users, compared......

From Aerie to Zara, retailers are turning viral TikTok moments into sales gold

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CNBC – For more and to sign up click here A TikTok logo seen displayed on a smartphone. Filip Radwanski | SOPA Images | LightRocket | Getty Images When a Lululemon skort went viral across TikTok earlier this summer, 16-year-old Kylie knew she had to get her hands on it.......

How influencers fit into Twitter’s plans to double revenue by 2023

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CNBC – For more and to sign up click here Twitter CEO and Co Founder, Jack Dorsey addresses students at the Indian Institute of Technology (IIT), on November 12, 2018 in New Delhi, India. Amal KS | Hindustan Times | Getty Images Twitter’s been on a creator-focused tear. The company......

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