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Claire Yubin Oh
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Texas Instruments soars after beating on Q1 revenue, with strong guidance to match
The stock was up as much as 10% in early trading action on Thursday.
Netflix announces $25 billion share buyback boost
The stock gained on the news.
America’s largest home TV shopping group, QVC, has filed for bankruptcy
The business lost its edge as linear TV faded into the background, before TikTok Shop closed the curtain… almost.
Adobe rises on $25 billion stock buyback
Fears that new agentic models could affect demand for software and design products have pushed Adobe’s shares down more than 30% this year, and were…
ASTS drops after BlueBird 7 launched into an incorrect orbit
ASTS’ BlueBird 7 satellite, carried by Blue Origin’s New Glenn vehicle, was put into an incorrect position and will now be taken out of orbit.
Critical Metals jumps after Greenland’s government approves CRML to take majority control of the Tanbreez mining project
With that latest government support, Critical Minerals added an additional 50.5% stake to its ownership, now in charge of 92.5% of the rare earth deposit.
Snap jumps after revealing plans to lay off ~16% of its workforce, new guidance sees Q1 revenue up ~12% year-on-year
Through the latest moves, Snap is “pivoting towards profitable growth,” per CEO Even Spiegel, doubling down on its 60%+ gross margin target for 2026.
Broadcom jumps on expanded chip deal with Meta
The deal includes an initial commitment of over 1GW of computing capacity, enough to power some 750,000 US homes.
Amazon reportedly nears deal for Globalstar in bid to take on SpaceX’s Starlink
The tech giant wants to have 700 satellites in space by the middle of the year.
Will investing in kids games finally make Netflix Games “the Netflix of games”?
Netflix is launching a game for preschoolers, its latest foray into stuff-you-play instead of stuff-you-watch.
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