Snowflake shares drop 18% on CEO’s retirement, weak guidance
Shares of Snowflake fell 18% on Thursday, a day after the company announced that billionaire CEO Frank Slootman will retire.
Delta to offer travelers a unique solar eclipse experience—here’s what to know about the airline’s ‘path of totality’ flights
Delta announced that it would be adding a second flight for the April 8 total solar eclipse for travelers to see it from 30,000 feet.
Over 60% of illegal crypto activity is tied to sanctioned groups or terrorist organizations, report finds
Sanctioned entities and U.S.-designated terrorist organizations, such as Lebanon’s Hezbollah, continue to rely on cryptocurrency for fundraising.
‘Dune: Part Two’ looks to end box office drought with $80 million opening
While Warner Bros. is projecting a conservative $65 million debut for “Dune: Part Two,” box office analysts foresee a haul between $70 million and $80 million.
Key Fed inflation measure rose 0.4% in January as expected, up 2.8% from a year ago
The core PCE price index was expected to increase 0.4% in January on a monthly basis and 2.8% from a year ago.
Newly listed Birkenstock beats revenue expectations on higher pricing, U.S. demand
Birkenstock reported its holiday quarter results Thursday after it posted a record-breaking end to its last fiscal year.
Putin warns of nuclear war if NATO sends troops into Ukraine
Russian President Vladimir Putin warned NATO countries of the danger of a nuclear conflict with Russia if NATO troops were deployed on the ground in Ukraine.
European markets close slightly higher as investors digest key inflation reports
European markets closed slightly higher Thursday as investors monitored key inflation reports in both the U.S. and Europe.
IQiyi, the Netflix of China, posts first year of profits and says it’s ‘excited’ about Sora-like AI
Chinese video content and streaming company iQiyi CFO Wang Jun said he is “excited” about potential new business opportunities with the emergence of OpenAI’s text-to-video tool Sora.
Disney’s $8.5 billion Reliance merger is a streaming wars win in sports-obsessed India
Disney announced Wednesday that the companies will be merging their respective Star India and Viacom18 units into a newly created Star India joint venture.
