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Crypto exchange Gemini lays off 10% of workforce

Tyler Winklevoss and Cameron Winklevoss (L-R), co-founders of crypto exchange Gemini, on stage at the Bitcoin 2021 Convention in Miami, Florida. Joe Raedle | Getty Images Crypto exchange Gemini will reduce its headcount by 10%, a spokesperson told CNBC on Monday. It’s at least the third round of cuts in …

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Google bonus delay offers lesson in windfall spending

A pedestrian strolls on the Google campus in Mountain View, California, on Jan. 27, 2022. David Paul Morris/Bloomberg via Getty Images Change to bonuses addresses 2023 uncertainty Google employees who qualify for bonuses will get 80% of the sum in January, with the remainder coming in March or April, according …

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Goldman Sachs slips on report that the Fed is investigating its Marcus business

David Solomon, Chairman & CEO of Goldman Sachs, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 23rd, 2023.  Adam Galica | CNBC Goldman Sachs shares came under pressure Friday after a Wall Street Journal report said the Federal Reserve is investigating the bank’s consumer business. Shares …

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Netflix, Alphabet, Nordstrom, PagerDuty and more

A sign is posted in front of a Google office on April 26, 2022 in San Francisco, California. Google parent company Alphabet will report first quarter earnings today after the closing bell. Justin Sullivan | Getty Images News | Getty Images Check out the companies making headlines before the bell: …

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Norwegian Cruise Line, Allstate, Roblox and more

A Norwegian Gateway cruise ship leaves from the Manhattan port during sunset in New York City, United States on April 10, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Check out the companies making the biggest moves midday: Norwegian Cruise Line — Shares sunk more than 6% after the …

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Why overconfidence bias may cost investors

Prasit Photo | Moment | Getty Images Your investment ego may be costing you big bucks. “Overconfidence bias” is the behavioral principle of overestimating one’s financial acumen. And while confidence isn’t a bad thing, it can have damaging results — if you don’t have the chops to back it up. …

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China tightens media control with tiny stakes in two Alibaba units

Alibaba completed its acquisition of video platform operator Youku Tudou in 2016. Pictured here is an old version of the Youku logo. Sopa Images | Lightrocket | Getty Images BEIJING — State-backed entities have taken tiny stakes in parts of two Alibaba subsidiaries that oversee a video platform and web …

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Discover Financial, Alcoa and more

An aluminum coil stands in a warehouse awaiting transport, at an Alcoa World Alumina Australia smelting plant, partially owned by Alumina Ltd., in Point Henry, Australia. Carla Gottgens | Bloomberg | Getty Images Check out the companies making headlines in after-hours trading. Discover Financial Services — Shares of Discover Financial …

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Microsoft, Moderna, Mobileye, Chegg and more

Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. Charles Platiau | Reuters Check out the companies making headlines in midday trading. J.B. Hunt Transport Services — The transportation stock jumped 4% after executives said on an earnings call that they expect to see the freight market rebound …

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Ukraine’s energy giant Naftogaz will be out of default soon: CEO

The CEO of Ukrainian state energy giant Naftogaz said the company is working toward resolving its debt default problems quickly. Yuriy Vitrenko told CNBC’s Hadley Gamble at the World Economic Forum in Davos on Tuesday that he is in the final stages of getting the company back on track. “By …

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