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StubHub slides 6% in NYSE debut after ticket seller's long-awaited IPO

cnbc.com Annie Palmer 2025-09-18 21:02:15

Eric Baker, co-founder and CEO of Ticket reseller StubHub, rings the opening bell during his company’s IPO at the New York Stock Exchange in New York City, U.S., September 17, 2025. StubHub shares dropped 6.4% in their New York Stock Exchange debut on Wednesday after the online ticket seller priced its IPO in the middle of its expected range. The pricing late Tuesday at $23.50 per share raised $800 million for the company, now trading under ticker symbol "STUB." The stock opened at $25.35 and

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StubHub slides in NYSE debut after ticket seller's long-awaited IPO

cnbc.com Annie Palmer 2025-09-19 05:59:36

Eric Baker, co-founder and CEO of Ticket reseller StubHub, rings the opening bell during his company’s IPO at the New York Stock Exchange in New York City, U.S., September 17, 2025. StubHub shares dropped more than 5% in their New York Stock Exchange debut on Wednesday after the online ticket seller priced its IPO in the middle of its expected range. The pricing late Tuesday at $23.50 per share raised $800 million for the company, now trading under ticker symbol "STUB." The stock opened at $25

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Fueled by AI Hype, Google Becomes Fourth Company to Pass $3 Trillion Market Cap

gizmodo.com Ece Yildirim 2025-09-23 17:25:38

On Monday, Google’s parent company, Alphabet, became the fourth company to reach a market value of $3 trillion, and every member of this exclusive club has something in common. All it took was a rather small 4% rise in shares for the tech giant to hit the coveted stock market benchmark. Rather unsurprisingly, the three previous winners of that title—Nvidia, Microsoft, and Apple—are all titans of the tech industry that have been riding the wave of investor interest in AI, as well. Alphabet stoc

Topics: ai company market stock trillion

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Opendoor Board Chair Thinks the Company Should Cut Its Workforce by 85 Percent

gizmodo.com Lucas Ropek 2025-09-24 13:00:25

If you work for Opendoor, the online real estate platform, you might consider polishing up your resume. The chair of the company’s board recently let it slip that he thinks the firm could stand to lose almost all of its employees. During a recent appearance on CNBC’s “Squawk on the Street,” Keith Rabois, a former member of the PayPal Mafia, told a reporter that he felt that the majority of the people at his company were expendable. “There’s 1,400 employees at Opendoor. I don’t know what most of

Topics: company firm opendoor rabois stock

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Opendoor stock closes 78% higher after company names new CEO

cnbc.com Chris Eudaily Annie Palmer 2025-09-27 21:04:04

OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform. Opendoor stock rocketed 78% higher on Thursday after the retail favorite named Shopify executive Kaz Nejatian as CEO and co-founder Keith Rabois as chairman. The meme stock hit a 52-week high and continued a stunning run this year, with shares up more than 500% so far. Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors that included critical c

Topics: ceo following jackson opendoor stock

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Oracle shares retreat 6% after sharpest rally in more than 30 years

cnbc.com Jordan Novet 2025-09-27 21:00:43

Oracle shares closed down 6% on Thursday, a day after the stock closed at a record high, following an analyst note expressing concern that most of the company's upcoming growth is coming from a single client: OpenAI. The software vendor has seen its stock go on a wild ride this week after CEO Safra Catz on Tuesday said that Oracle had "signed four multi-billion-dollar contracts with three different customers" in the latest quarter. The company's remaining performance obligation, a measure of co

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Opendoor stock soars 80% after company names new CEO

cnbc.com Chris Eudaily Annie Palmer 2025-09-28 01:37:32

OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform. Opendoor stock rocketed 80% higher on Thursday after the retail favorite named Shopify executive Kaz Nejatian as CEO and co-founder Keith Rabois as chairman. The meme stock hit a 52-week high and continued a stunning run this year, with shares up more than 500% so far. Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors that included critical c

Topics: ceo following jackson opendoor stock

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Oracle shares retreat 7% after sharpest rally in more than 30 years

cnbc.com Jordan Novet 2025-09-28 01:48:51

Oracle shares closed down 6% on Thursday, a day after the stock closed at a record high, following an analyst note expressing concern that most of the company's upcoming growth is coming from a single client: OpenAI. The software vendor has seen its stock go on a wild ride this week after CEO Safra Catz on Tuesday said that Oracle had "signed four multi-billion-dollar contracts with three different customers" in the latest quarter. The company's remaining performance obligation, a measure of co

Topics: company openai oracle report stock

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Opendoor stock soars 65% after company names new CEO

cnbc.com Chris Eudaily Annie Palmer 2025-09-28 09:51:29

OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform. Opendoor stock rocketed 65% higher on Thursday after the retail favorite named Shopify executive Kaz Nejatian as CEO and co-founder Keith Rabois as chairman. The meme stock hit a 52-week high and continued a stunning run this year, with shares up more than 500% so far. Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors that included critical c

Topics: ceo following jackson opendoor stock

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Opendoor stock soars 60% after company names new CEO

cnbc.com Chris Eudaily Annie Palmer 2025-09-28 21:42:46

OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform. Opendoor stock rocketed 60% higher on Thursday after the retail favorite named Shopify executive Kaz Nejatian as CEO and co-founder Keith Rabois as chairman. The meme stock hit a 52-week high and continued a stunning run this year, with shares up more than 400% so far. Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors that included critical c

Topics: ceo following jackson opendoor stock

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Robinhood Is Building a Social Network for Following Market Movers’ Trades

gizmodo.com Ece Yildirim 2025-09-30 13:24:45

Social media has an unprecedented sway over stock prices. Financial influencers give stock advice on YouTube and TikTok. Trading communities on X and Reddit resurrect financially undesirable stocks from their ashes just for the sake of memes. It’s undeniable that a growing subset of investors are adamant on using platforms like X, Reddit, YouTube, and TikTok to make their financial decisions. The X-based finance community even has a name for themselves: FinTwit. Popular online brokerage Robinh

Topics: media robinhood social stock trades

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Google leads monster week for tech, pushing megacaps to combined $21 trillion in market cap

cnbc.com Ari Levy 2025-10-06 21:19:21

In this article NVDA AVGO AAPL TSLA GOOGL Follow your favorite stocks CREATE FREE ACCOUNT Alphabet and Google CEO Sundar Pichai meets with Polish Prime Minister Donald Tusk at Google for Startups in Warsaw, Poland, on February 13, 2025. Klaudia Radecka | Nurphoto | Getty Images From the courtroom to the boardroom, it was a big week for tech investors. The resolution of Google's antitrust case led to sharp rallies for Alphabet and Apple . Broadcom shareholders cheered a new $10 billion cust

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Tesla-Killer Lucid Denies Stock Split Is a Delisting Maneuver

gizmodo.com Riley Gutiérrez Mcdermid 2025-10-13 20:26:03

Beleaguered electric vehicle company Lucid Motors (LCID) said this week that its reverse stock split, which will consolidate shares to meet NASDAQ’s $1 minimum trading price, is not a move to avoid being delisted. As of Friday, Lucid’s share price was down over 96% from its all-time high of $64.86, reached in February 2021. Its stock has dropped 48% since this time last year and 31% in 2025. One analyst changed their price target as much as 30% after the split was announced. “LCID’s 2Q25 reven

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What Is Complexity in Chess?

news.ycombinator.com Unknown 2025-10-17 19:45:33

Pacto Visual May 2020 an interesting proposal was suggested. I provided some constructive criticism on research paper A Metric of Chess Complexity by FM David Peng, as well as constructive criticism on the codebase used to validate this experiment. For many months I have refrained from further comment, and although code has not progressed, two things have: 1. Public interest in "complexity" as determined by ACPL (yuck). 2. Lichess has a blogging platform where I can properly address deficien

Topics: chess complexity players positions stockfish

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Elon Musk Hopes to Wriggle His Way Out of Allegations He Duped Twitter Investors

gizmodo.com Bruce Gil 2025-10-18 20:50:48

Elon Musk’s lawyers are seeking to get a lawsuit from the U.S. Securities and Exchange Commission (SEC) against the Tesla CEO and X owner tossed out. The case, filed right before President Donald Trump took office this year, centers on Musk’s purchases of Twitter stock before his eventual takeover of the social network in 2022. The SEC alleges that Musk cheated investors by quietly amassing more than a 5% stake in Twitter without disclosing it within the regulated time frame. By law, once someo

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How a 16-year-old company is easing small businesses into AI

techcrunch.com Sean O'Kane 2025-10-21 21:30:00

Amid all the “is this a bubble?” talk about artificial intelligence, the supply chain and logistics industries have become breeding grounds for seemingly genuine uses of the technology. Flexport, Uber Freight, and dozens of startups are developing different applications and winning blue-chip customers. But while AI helps Fortune 500s pad their bottom line (and justify the next layoff to Wall Street), the right use of the tech is proving useful to smaller businesses. Netstock, an inventory mana

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Was it just a mistake? Nothing speaks out on the Phone 3’s stock photo controversy

androidauthority.com Unknown 2025-10-23 08:37:57

Ryan Haines / Android Authority TL;DR Nothing co-founder Akis Evangelidis has provided a detailed explanation for the stock photos found on Nothing Phone 3 demo units. The company uses placeholder content, including stock images, in demo units for testing purposes before mass production. Nothing says it was an “unfortunate oversight” that the placeholder content was not swapped out with actual photo samples. The company is working to update all demo units and prevent similar incidents in the

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‘It’s Not Going to Slow Down’: The Tech Stock Everyone Is Watching This Week

gizmodo.com Riley Gutiérrez Mcdermid 2025-10-28 14:59:34

Wall Street is narrowing in on must-watch tech giant Nvidia (NVDA) this week, as the $4 trillion semiconductor company reports earnings amid an ongoing skid in the technology sector. “When the group goes down and the most important stock in the group reports earnings, that is going to have a bigger impact than usual,” Matthew Maley, chief market strategist at Miller Tabak, told Reuters. That impact has analysts rushing to change their projections for the release of Nvidia’s quarterly report on

Topics: ai companies company nvidia stock

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Wall Street Appears to Be Having Serious Doubts About AI

futurism.com Unknown 2025-11-01 12:01:42

The amount of cash backing artificial intelligence right now is so high that it's almost meaningless to the average person. There are now almost 500 AI unicorns — companies valued at over $1 billion — worth a total of roughly $2.7 trillion, enough to do some serious damage to the economy if things don't go well. But for investors, that cash represents a dream: that AI will someday do more than generate video essays explaining that Nubian giants built the pyramids, and become a major financial

Topics: ai investors stock stocks tech

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SoftBank Group shares plunge over 9% as Asian tech stocks track declines in U.S. peers

cnbc.com Amala Balakrishner 2025-11-05 04:28:45

The logo of Japanese company SoftBank Group is seen outside the company's headquarters in Tokyo on January 22, 2025. Other Japanese tech stocks also declined, with semiconductor giant Advantest falling as much as 6.27%. Meanwhile, shares in Renesas Electronics and Tokyo Electron were last seen trading 2.46% and 0.75% lower, respectively. The tech-focused investment firm saw shares drop for a second consecutive session, following its announcement of a $2 billion investment in Intel . Intel shar

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SoftBank Group shares plunge over 9% as Asian tech stocks decline

cnbc.com Amala Balakrishner 2025-11-05 08:02:42

The logo of Japanese company SoftBank Group is seen outside the company's headquarters in Tokyo on January 22, 2025. The Japanese tech-focused investment firm saw shares drop for a second consecutive session, following its announcement of a $2 billion investment in Intel . Intel shares rose 6.97% to close at $25.31 Tuesday stateside. Shares of SoftBank Group plunged as much as 9.17% Wednesday, as technology stocks in Asia declined, tracking losses in U.S. peers overnight. Other Japanese tech

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Palantir stock slumps 9%, falling for a fifth straight day from record

cnbc.com Samantha Subin 2025-11-06 04:36:15

CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit on the campus of Carnegie Mellon University in Pittsburgh, Pennsylvania on July 15, 2025. Palantir 's stock slumped more than 9% on Tuesday, falling for a fifth straight day to continue its pullback from all-time highs. The artificial intelligence software provider's stock has slid more than 15% over the last five trading sessions, after a stellar earnings report earlier this month propelled shares to

Topics: 15 2025 highs palantir stock

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Crypto stocks tumble on Tuesday as investors go into risk-off mode

cnbc.com Tanaya Macheel 2025-11-06 14:36:11

The Coinbase logo is displayed on a mobile phone screen with stock market percentages in the background. Meanwhile, the price of bitcoin pulled back nearly 3% to just over $113,000. Ether was down more than 4% to the $4,100 level, according to Coin Metrics. Crypto stocks suffered on Tuesday as investors fled tech stocks and riskier corners of the market. Investors appeared to rotate out of tech names on Tuesday. The sector had seen a boost last week as traders weighed the prospect of more int

Topics: crypto investors rate stocks tech

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Woz: 'I Am the Happiest Person'

news.ycombinator.com Unknown 2025-11-10 04:01:30

Steve Wozniak turned 75 (!) and was profiled by John Blackstone for CBS News (also posted to YouTube). Slashdot linked to it, and in the comments, someone gently jabbed at Woz for having sold, rather than hoarded, his stock in Apple. Woz himself chimed in, with this comment for the ages: I gave all my Apple wealth away because wealth and power are not what I live for. I have a lot of fun and happiness. I funded a lot of important museums and arts groups in San Jose, the city of my birth, and th

Topics: apple stock theater woz wozniak

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‘New Panty & Stocking’ Just Tackled the Gen Z-Millennial Divide in the Most Absurd Style

gizmodo.com Isaiah Colbert 2025-11-15 21:20:07

Although Prime Video hasn’t adequately promoted Studio Trigger’s sequel series to the raunchy cult classic New Panty & Stocking with Garterbelt, the show remains one of the funniest anime airing this season. Its latest episode prominently highlights the contentious generational divide between Millennials and Gen Z. In its sixth episode, titled “The Brothers from Heaven,” the anime slows down its compilation of short stories to present a unified narrative filled with pop culture references throu

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How Stock Options Work

news.ycombinator.com Unknown 2025-11-16 21:32:03

How Stock Options Work Employee stock-option programs are typically authorized by a company's board of directors (and have historically been approved by the shareholders) and give the company discretion to award options to employees equal to a certain percentage of the company's shares outstanding. Options give employees the right to buy a certain number of their company's shares at a fixed price for a certain period of time, usually 10 years. That price, usually the market price of the

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Is the A.I. Boom Turning Into an A.I. Bubble?

news.ycombinator.com John Cassidy 2025-11-19 16:25:43

When Jensen Huang, the chief executive of the chipmaker Nvidia, met with Donald Trump in the White House last week, he had reason to be cheerful. Most of Nvidia’s chips, which are widely used to train generative artificial-intelligence models, are manufactured in Asia. Earlier this year, it pledged to increase production in the United States, and on Wednesday Trump announced that chip companies that promise to build products in the United States would be exempt from some hefty new tariffs on sem

Topics: com companies market nvidia stock

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Beneath the AI Bubble, the Economy Looks Bleak

futurism.com Unknown 2025-11-20 06:56:56

The US economy seems to be doing gangbusters lately, largely thanks to incredible booms in the tech sector. The stock market is booming — the S&P 500 hit 15 record closing highs so far this year, while the Nasdaq Composite boasts 17. The country's GDP is growing better than expected. Microsoft just became the second $4 trillion company in history, just weeks after Nvidia became the first. But those headline numbers don't seem to be trickling down to normal, working people. In fact, something i

Topics: ai economy market stock tech

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Opendoor tanks after earnings as CEO thanks new investors for 'increased visibility'

cnbc.com Ari Levy 2025-11-27 14:25:42

With Opendoor shares up almost fivefold since the beginning of July and trading volumes hitting record levels, CEO Carrie Wheeler thanked investors for their "enthusiasm" on Tuesday's earnings call. "I want to acknowledge the great deal of interest in Opendoor lately and that we're grateful for it," Wheeler said, even as the stock sank more than 20% after hours. "We appreciate your enthusiasm for what we're building, and we're listening intently to your feedback." Prior to its recent surge, Op

Topics: business opendoor quarter said stock

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Using Quantum Annealing To Build Stronger Stock Portfolios

computer.org Laurel Tweed 2025-12-03 11:20:14

Quantum annealing (QA) has emerged as an effective way to find the optimal solution using a large dataset. While this has applications in an endless variety of use cases, its application in the realm of finance may be one of the fastest ways for researchers to realize a significant ROI in their annealing work. Yao-Hsin Chou, Ching-Hsuan Wu, Pei-Shin Huang, Jyun-Yi Shen, of National Chi Nan University, Department of Computer Science and Information Engineering, Shu-Yu Kuo, Sy-Yen Kuo, of the Nat

Topics: annealing portfolio qa quantum stocks

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Latest Tech News

StubHub slides 6% in NYSE debut after ticket seller's long-awaited IPO

StubHub slides in NYSE debut after ticket seller's long-awaited IPO

Fueled by AI Hype, Google Becomes Fourth Company to Pass $3 Trillion Market Cap

Opendoor Board Chair Thinks the Company Should Cut Its Workforce by 85 Percent

Opendoor stock closes 78% higher after company names new CEO

Oracle shares retreat 6% after sharpest rally in more than 30 years

Opendoor stock soars 80% after company names new CEO

Oracle shares retreat 7% after sharpest rally in more than 30 years

Opendoor stock soars 65% after company names new CEO

Opendoor stock soars 60% after company names new CEO

Robinhood Is Building a Social Network for Following Market Movers’ Trades

Google leads monster week for tech, pushing megacaps to combined $21 trillion in market cap

Tesla-Killer Lucid Denies Stock Split Is a Delisting Maneuver

What Is Complexity in Chess?

Elon Musk Hopes to Wriggle His Way Out of Allegations He Duped Twitter Investors

How a 16-year-old company is easing small businesses into AI

Was it just a mistake? Nothing speaks out on the Phone 3’s stock photo controversy

‘It’s Not Going to Slow Down’: The Tech Stock Everyone Is Watching This Week

Wall Street Appears to Be Having Serious Doubts About AI

SoftBank Group shares plunge over 9% as Asian tech stocks track declines in U.S. peers

SoftBank Group shares plunge over 9% as Asian tech stocks decline

Palantir stock slumps 9%, falling for a fifth straight day from record

Crypto stocks tumble on Tuesday as investors go into risk-off mode

Woz: 'I Am the Happiest Person'

‘New Panty & Stocking’ Just Tackled the Gen Z-Millennial Divide in the Most Absurd Style

How Stock Options Work

Is the A.I. Boom Turning Into an A.I. Bubble?

Beneath the AI Bubble, the Economy Looks Bleak

Opendoor tanks after earnings as CEO thanks new investors for 'increased visibility'

Using Quantum Annealing To Build Stronger Stock Portfolios

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