Business Blog

Snap shares plunge more than 17% on weak forecast

Snap reported second-quarter results that topped analysts' estimates but provided a weaker-than-expected forecast for the current period.

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Spotify hit by cost of unwinding aggressive podcast push

Group suffers overall loss of €302mn in three months to end of June

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Alphabet CFO Ruth Porat leaving role to become president and chief investment officer

Ruth Porat will step down as Alphabet chief financial officer and take a new role as president and chief investment officer, the company announced on Tuesday.

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UK watchdog to examine Worldcoin, and new report calls out lack of U.S. crypto laws: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Kavita Gupta of Delta Blockchain Fund discusses the state of U.S. crypto regulation.

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South Florida ocean temperature tops 101 degrees Fahrenheit, potentially a record

A data collecting buoy in Florida recorded an ocean temperature of over 101 degrees Fahrenheit on Monday.

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Big investors sold tech stocks ahead of key earnings reports, Bank of America says

Bank of America clients sold a record amount of single stock positions last week.

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