Rivian Reports Upbeat Third-Quarter Results, Upgrades Full-Year Guidance as R2 Sales Rise
Rivien (RIVN) reported upbeat third-quarter results after the bell on Thursday and upgraded its forecast, citing strong R2 sales. Rivian reported third-quarter revenue of $2.155 billion, compared to $2.02 billion according to the Bloomberg consensus, up…
Sandisk Stock Rises Following Fiscal Q1 Pace, Stock Split
Memory chip maker Sandisk (SNDK) late Thursday beat analyst estimates for its fiscal first quarter and its outlook for the fiscal second quarter. He also announced an eight-for-one stock split. Sandisk shares wavered in extended trading. The Milpitas,…
Stock Market Today: Nasdaq Sinks on Alphabet Woes and Inflation Data; Amazon Earnings Next
Major indexes broke a three-day winning streak Thursday as concerns about the artificial intelligence business returned following Alphabet’s (GOOGL) earnings report, which led to a huge one-day decline for the stock. Investors have been awaiting…
Binance suspends withdrawals as hackers suspected of stealing billions in crypto
Binance confirmed to TechCrunch that it was experiencing a security incident, with users reporting that funds were being drained from the crypto exchange’s wallets. The world’s largest cryptocurrency exchange said in an emailed statement to…
Reddit Shifts to Connected Experience as AI Eats Search
Driving the news: In an interview Thursday, Reddit co-founder and CEO Steve Huffman said the company was making the change to improve its user experience, strengthen its advertising business and prevent bots from scraping its proprietary data. Chief…
Reddit will force everyone to log in
Reddit announces a huge change: it will start requiring users to log in. Right now, you can browse Reddit without having an account, and the site is generally a great resource for crowdsourced information on a range of topics. I know I’m not the…
Reddit (RDDT) Third Quarter 2026 Earnings Report
Reddit plans to require all users to create official accounts to access the social media platform, marking a major change for the site known as “the front page of the Internet.” The company revealed the change Thursday as part of its…
Live Earnings Updates: Sandisk Posts Strong Earnings, Announces 8-for-1 Stock Split
Vertiv (VRT) stock jumped 15% in premarket trading as the data center infrastructure player showed it continues to benefit from massive capital spending from companies like Google (GOOG) and Microsoft (MSFT). “We are in the middle of the largest…
Rivian (RIVN) Q3 2026 Results
Signage outside the Rivian offices in Palo Alto, California on December 10, 2025. Jason Henry | Bloomberg | Getty Images Rivian Automobile beat Wall Street’s third-quarter profit expectations by ramping up production of its new R2 entry-level SUV,…
As search traffic dries up, Reddit announces it’s moving to a login experience
Reddit has long attracted millions of users to its site through Google, with many even adding the word “Reddit” to their search queries for better answers. But as search traffic dries up due to the shift to AI-powered search, Reddit is…