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Fintech stocks such as Affirm, PayPal plunge on concern Trump tariffs will hurt consumer spending

Source: cnbc.com | By Mackenzie Sigalos

Published on: 2025-05-15 02:49:25

The floor of the New York Stock Exchange on Feb. 13, 2025. The global market rout on Thursday, sparked by President Donald Trump's announcement of widespread tariffs, had an outsized effect on fintech companies and credit card issuers that are closely tied to consumer spending and credit. Affirm , which offers buy now, pay later purchasing options, plunged 19%, while stock trading app Robinhood slid 10% and payments company PayPal fell 8%. American Express and Capital One each tumbled 10%, and

Keywords: affirm analyst companies credit said

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Microsoft adds AI-powered deep research tools to Copilot

Source: techcrunch.com | By Kyle Wiggers

Published on: 2025-05-30 07:45:00

Microsoft is introducing a “deep research” AI-powered tool in Microsoft 365 Copilot, its AI chatbot app. There’s been a raft of deep research agents launched recently across chatbots, including OpenAI’s ChatGPT, Google’s Gemini, and xAI’s Grok. Powering them are so-called reasoning AI models, which posses the ability to think through problems and fact-check themselves — skills arguably important for conducting in-depth research on a subject. Microsoft’s flavors are called Researcher and Analys

Keywords: analyst deep microsoft research researcher

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From alerts to autonomy: How leading SOCs use AI copilots to fight signal overload and staffing shortfalls

Source: venturebeat.com | By Louis Columbus

Published on: 2025-06-01 13:33:23

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Thanks to the rapid advances in AI-powered security copilots, security operations centers (SOCs) are seeing false positive rates drop by up to 70% while saving over 40 hours a week of manual triage. The latest generation of copilots has moved far beyond chat interfaces. These agentic AI systems are capable of real-time remediation, automated policy enforcement and inte

Keywords: ai analysts copilot copilots security

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Nintendo Switch 2 could be priced at an eye-popping $500

Source: techspot.com | By Kishalaya Kundu

Published on: 2025-06-16 17:57:00

The big picture: Following the stellar success of the original Switch, many are eagerly awaiting its successor. In January, Nintendo gave fans their first official glimpse of the second-generation Switch, confirming that it will be called the Switch 2. Unfortunately for prospective buyers, a new report suggests that it may come with a significant price increase over its predecessor. According to Bloomberg, several analysts with insider knowledge, as well as Nintendo's hardware and software part

Keywords: analyst nintendo price switch units

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Tesla shares have declined every week since Elon Musk went to Washington

Source: cnbc.com | By Lora Kolodny

Published on: 2025-06-26 22:25:18

Elon Musk speaks during the first cabinet meeting hosted by U.S. President Donald Trump, at the White House in Washington, DC, U.S., February 26, 2025. Tesla's stock has never had a stretch this red. For seven straight weeks, since Elon Musk went to Washington, D.C. to join the Trump administration, shares in his automaker have declined, closing on Friday at $270.48. It's the longest such losing streak for Tesla in its 15 years as a public company. Tesla shares finished the week down more tha

Keywords: analysts company goldman musk tesla

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Hims & Hers shares plunge 22% on concerns over weight loss business, margins

Source: cnbc.com | By Ashley Capoot

Published on: 2025-07-16 02:00:42

The Hims app arranged on a smartphone in New York on Feb. 12, 2025. Shares of Hims & Hers Health closed down 22% on Tuesday, a day after the telehealth company released fourth-quarter results that disappointed on gross margin and sparked concerns about the future of its weight loss business. Hims & Hers reported $481 million in revenue for the quarter, up 95% from $246.6 million during the same period last year. Net income climbed to $26.01 million, or 11 cents per share, from $1.25 million, o

Keywords: analysts company hims loss said

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Hims & Hers shares plunge 28% on concerns over weight loss business, margins

Source: cnbc.com | By Ashley Capoot

Published on: 2025-07-15 21:56:56

The Hims app arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025. Shares of Hims & Hers Health fell 28% on Tuesday, a day after the telehealth company released fourth-quarter results that disappointed on gross margin and sparked concerns about the future of its weight loss business. Hims & Hers reported $481 million in revenue for the quarter, up 95% from $246.6 million during the same period last year. Net income climbed to $26.01 million, or 11 cents per share, from $1.25 m

Keywords: analysts company hims loss said

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