In just 17 days after launch, Temu surpassed Instagram, WhatsApp, Snapchat and Shein on the Apple App Store in the U.S., according to Apptopia data shared with CNBC. Stefani Reynolds | Afp | Getty Images Chinese online retailer Temu, whose “Shop like a billionaire” marketing campaign made its way to last year’s Super Bowl, has…
Check out the companies making headlines in premarket trading. Nvidia — Shares slipped more than 6% after the chipmaker said it will take a quarterly $5.5 billion charge tied to exporting H20 graphics processing units to China, as well as other destinations. Nvidia said in a filing that the U.S. government informed the company it…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the major averages posted their first losing day in three, and what’s on the…
From left, U.S. President Donald Trump, Senator Dave McCormick, his wife Dina Powell McCormick and Elon Musk watch the men’s NCAA wrestling competition at the Wells Fargo Center in Philadelphia, Pennsylvania, on March 22, 2025. Brendan Smialowski | Afp | Getty Images Meta on Friday announced that it was expanding its board of directors with…
Negative impacts from President Donald Trump’s intensifying global trade war could include stagflation and an even more drastic drawdown in the stock market, according to Torsten Slok, Apollo Global Management’s chief economist. The widely-followed economist sees a dire situation emerging in the tariff chaos, leading him to conjure up a host of downside risks to…
President Trump and Europe are clashing over tariffs, the war in Ukraine and the very purpose of the European Union’s existence. But they are also divided over free speech — with potentially far-reaching implications for how the digital world is regulated. The E.U. has been investigating U.S. companies under the Digital Services Act, a new…
The idea of getting her eldest child a smartphone had long felt inevitable, said Daisy Greenwell. But by early last year, when her daughter was 8 years old, it filled her with dread. When she talked to other parents, “everyone universally said, ‘Yes, it’s a nightmare, but you’ve got no choice,’” recalled Ms. Greenwell, 41….
Michael Intrator, co-founder and CEO of CoreWeave, speaks at Web Summit in Lisbon, Portugal, on Nov. 13, 2024. Carlos Rodrigues | Sportsfile | Web Summit | Getty Images CoreWeave on Thursday said it priced shares at $40 in the company’s IPO, raising $1.5 billion in the biggest U.S. tech offering since 2021. The company, which…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the major averages posted back-to-back losses, and what’s on the radar for the next…
Utah Gov. Spencer Cox on Wednesday signed a bill that requires Apple and Google’s mobile app stores to verify user ages and require parental permission for those under 18 to use certain apps, the governor’s spokesperson told CNBC. The law is the first of its kind in the nation and represents a significant shift in…