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Big Cap Tech Stocks Lift Major Indexes | CNBC

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Tech stocks surge after last week’s losses as the Dow rises 144 points.
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Big Cap Tech Stocks Lift Major Indexes | CNBC

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What Happened To Etsy?

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The online handmade goods marketplace, Etsy, is at a crossroads. After booming during the pandemic, the company’s gross merchandise sales have been flat in 2022 and 2023. Etsy’s stock is down more than 70% from its all-time high in 2021, and its first-quarter 2024 earnings report revealed another disappointing earnings miss. Some of its sellers say the company’s laser-sharp focus on growth has pushed Etsy away from its core mission — to keep commerce human — and instead allows for an increasing number of drop shippers to join the platform.

Chapters:
0:00 Intro
1:46 Chapter 1. A revolutionary idea
5:39 Chapter 2. At a crossroads
9:30 Chapter 3. The future

Correction (May 21, 2024): At 4.27 we misstated that Josh Silverman laid off 22% of the staff. The correct number is 15%. The other 8% coincided with his appointment.

Produced, Shot and edited by: Natalie Rice
Animation by: Christina Locopo, Jason Reginato
Senior Managing Producer: Tala Hadavi
Editorial Support: Jeniece Pettitt
Footage: Getty Images, AP Photos, Etsy, Nicole Aline Legault, Chiarra Lohr
Additional sourcing: FactSet, Oppenheimer & Co., Wayback Machine

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Microsoft’s Future: Windows, Xbox & the Cloud | Tech Bet | CNBC

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Microsoft to report earnings after the bell. Ed Maguire, of CSLA, analyzes how Microsoft’s strategy around free Windows 10 upgrades, Xbox, and cloud computing will affect the company’s quarter.
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Microsoft’s Future: Windows, Xbox & the Cloud | Tech Bet | CNBC

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Cisco Names Next CEO | Tech Bet | CNBC

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Chuck Robbins will replace John Chambers as next chief executive of Cisco on July 26th.
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Cisco Names Next CEO | Tech Bet | CNBC

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Jewelbots: On A Mission To Make Preteens Tech Savvy | CNBC

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Jewelbots, a programmable friendship bracelet, is on a mission to make coding popular among preteen girls.
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Jewelbots: On A Mission To Make Preteens Tech Savvy | CNBC

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Could A Cheaper Tablet Give Amazon An Edge? | Tech Bet | CNBC

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A rumored $50 Amazon tablet could be coming out in time for the holiday season. w/ Mike Andronico, Tom’s Guide editor
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Could A Cheaper Tablet Give Amazon An Edge? | Tech Bet | CNBC

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