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Cloudflare to cut 20% of staff in a big bet on AI. Investors aren’t sold.
The company’s stock falls as co-founders say the layoffs are “not a cost-cutting exercise.”
Peloton stock rises as higher subscription prices help company drive a profitable quarter
Peloton CEO Peter Stern told CNBC that the company believes raising prices on its subscriptions was a value-driven move.
EBay permanently bans GameStop CEO Ryan Cohen for putting its community ‘at risk’ following takeover attempt
The GameStop chief, who proposed acquiring eBay for $55.5 billion Monday, was selling GameStop-related merchandise through his account.
Used car prices fall for the first time this year and EV interest rises as gas prices spike
Cox Automotive reports affordability remains a key concern for buyers and that’s driving increased demand for older vehicles as well as all-electric vehicles.
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Bitcoin’s unusual technical action points to a crypto bull market, says Fundstrat’s Tom Lee
Lee says activity in recent months point to a bullish phase for cryptocurrencies.
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Arm puts a big number on its newest venture, but its stock falls
The chip designer said it has more than $2 billion in customer demand for its first-ever data-center CPU
McDonald's is about to report earnings. Here's what to expect
Shares of McDonald’s have fallen 10% over the last year, hurt by concerns about the broader economy.
