Economists polled by Reuters had expected the figure to hit 1.9%.
All goods that are considered to have been transshipped to avoid applicable duties will be subject to an additional 40% tariff, according to the White House.
Amazon announced new business from the likes of PepsiCo during the second quarter, as revenue topped $30 billion.
The expansion puts Coinbase in even closer competition with Robinhood, Gemini and Kraken, all of whom have tokenized equity offerings for users outside the U.S.
Reddit reported second-quarter earnings on Thursday that beat on sales and guidance.
Reddit reported second-quarter earnings on Thursday that beat on sales and guidance.
Economists polled by Reuters had expected inflation to ease to 1.9%.
The Securities and Exchange Commission on Thursday debuted “Project Crypto,” a plan to modernize securities regulations to allow crypto-based…
Fast-growing Figma’s internet software has over 13 million users, and the customer list includes Google, Microsoft and Netflix.
Apple CEO Tim Cook said that Apple would “significantly grow” its AI investments, adding that the company is “open to M&A that…
The June quarter is typically Apple’s slowest of the year by sales, ahead of new device launches in September.
The earnings report will give investors a fresh look at how Amazon is navigating tariff-related uncertainty.
The earnings report gives investors a fresh look at how Amazon is navigating tariff-related uncertainty.
The earnings report will give investors a fresh look at how Amazon is navigating tariff-related uncertainty.
Arm CEO Rene Haas indicated the company plans to invest in its own chip development.
Apple, Meta and Nvidia still mention their rivals in annual reports. It’s a practice that Alphabet, Amazon and Tesla gave up years ago.
Raw copper materials will not face the high duty that had been expected, but consumer goods prices may still be impacted.
User and engagement numbers were also strong for gaming platform Roblox, with daily active users up 41% year over year, and hours engaged up 58%.
User and engagement numbers were also strong for gaming platform Roblox, with daily active users up 41% year-over-year, and hours engaged up 58%.
Meta and Microsoft have been investing heavily in AI infrastructure in recent years, and are set to still shell out billions in capital expenditures.