Technology

Jonathan Raa | Nurphoto | Getty Images Bitcoin pushed higher to end the week as investors took some comfort in the idea that outflows from the Grayscale Bitcoin ETF (GBTC) could be starting to taper off. The price of the cryptocurrency climbed more than 3% to $40,989.80 according to Coin Metrics. At one point Friday

In this article AMZN GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Tech stocks on display at the Nasdaq.  Peter Kramer | CNBC The S&P 500 is trading at a record and the Nasdaq is at its highest in two years. Alphabet shares reached a new pinnacle on Thursday, as did Meta and Microsoft, which ran

In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Pat Gelsinger, CEO Intel, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Intel shares dropped in extended trading on Thursday after the chipmaker issued an outlook for the first quarter of 2024 that

In this article MSFT .BBKA Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella listens to an audience member’s question during the company’s annual shareholder meeting in Bellevue, Washington, Nov. 30, 2016. Stephen Brashear | Getty Images News | Getty Images Microsoft will lay off around 1,900 employees in its Gaming unit, or around

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center on November 29, 2023 in New York City.  Slaven Vlasic | Getty Images Elon Musk said Chinese electric automakers will find “significant” success outside of China, even as

In this article NOKIA-FI Follow your favorite stocksCREATE FREE ACCOUNT Nokia new logo displayed on mobile, with Nokia logo on screen. Nurphoto | Nurphoto | Getty Images Nokia on Thursday said that it will begin a two-year 600 million euro ($653 million) share buyback this quarter, after reporting that its profit plunged in 2023. Nokia

In this article IBM Follow your favorite stocksCREATE FREE ACCOUNT IBM CEO Arvind Krishna speaks during the Business 20 (B-20) Summit in New Delhi on Aug. 25, 2023. Prakash Singh | Bloomberg | Getty Images IBM shares rose as much as 6% in extended trading on Wednesday after the tech and services provider announced fourth-quarter

An employee works in an office at the SAP SE campus in Walldorf, Germany. Bloomberg | Getty Images Shares of German software company SAP jumped to an all-time high in early deals Wednesday after the company released its latest financial results and announced plans to restructure 8,000 jobs in a push toward artificial intelligence growth.

Core Scientific’s 104 megawatt Bitcoin mining data center in Marble, North Carolina Carey McKelvey Just over a year after the crypto winter sent bitcoin miner Core Scientific spiraling into bankruptcy, the Texas-based company is back on the Nasdaq. Trading is scheduled to resume Wednesday morning. Core, which has operations in five U.S. states — Texas,

Logo for ZEE5, an over-the-top platform of Zee Entertainment Enterprises. Bloomberg | Bloomberg | Getty Images Shares of India’s Zee Entertainment fell 31% on Tuesday after a division of Japanese tech giant Sony scrapped plans for a merger. Sony first proposed to combine its India entertainment business with Zee in December 2021. Those negotiations collapsed

In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Cemile Bingol | Digitalvision Vectors | Getty Images Bitcoin extended its losses on Monday, dipping below $40,000 for the first time this year and pulling the rest of the crypto market down with it. The price of bitcoin was last lower by 3.9% at $40,052.76,

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook attends the “Senior Chinese Leader Event” held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week in San Francisco, California, on November 15, 2023. Carlos Barria |

In this article SMCI Follow your favorite stocksCREATE FREE ACCOUNT Charles Liang, CEO, Super Micro  Source: Supermicro  Super Micro Computer, one of the best-performing tech stocks of the past few years, soared more than 30% on Friday to a record, after the maker of data center hardware issued preliminary financial results that exceeded estimates. The

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Preorders for Apple‘s $3,499 Vision Pro headset began Thursday morning ahead of its U.S. release on Feb. 2. The Vision Pro is Apple’s first new product category since it released the Apple Watch in 2015. Wall Street doesn’t expect Apple to sell it in the

Cryptocurrencies tumbled on Thursday, with bitcoin falling back to $40,000. Bitcoin last traded lower by 3.6% at $41,167.14, according to Coin Metrics. Earlier, it fell as far down as $40,601.37, its lowest level since Dec. 18. Ether, which has gotten a boost in recent days while bitcoin struggled, fell too. It was last down 3%

The Amazon Web Services logo at the Web Summit in Lisbon. Henrique Casinhas | Sopa Images | Lightrocket | Getty Images Amazon said Thursday John Felton, the company’s top logistics executive, will take over as chief financial officer of its AWS cloud computing unit. In a blog post, Doug Herrington, Amazon’s worldwide retail chief, said

In this article AMZN IRBT Follow your favorite stocksCREATE FREE ACCOUNT Roomba robot vacuums made by iRobot are displayed on a shelf at a Target store in San Rafael, California, on Aug. 05, 2022. Justin Sullivan | Getty Images Shares of iRobot plunged more than 33% in extended trading on Thursday after a report said

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT A worker delivers Amazon packages in San Francisco on Oct. 5, 2022. Bloomberg | Bloomberg | Getty Images Amazon is laying off some employees in its Buy with Prime unit, the company confirmed, as it continues to look for ways to trim costs. The cuts

Jakub Porzycki | Nurphoto | Getty Images The world’s largest contract chipmaker Taiwan Semiconductor Manufacturing Company on Thursday posted better-than-expected profit and revenue on the back of weaker macroeconomic conditions. Here are TSMC’s fourth-quarter results versus LSEG consensus estimates: Revenue: 625.53 billion New Taiwan dollars ($19.62 billion), vs. NT$618.31 billion expected Net income: NT$238.71 billion, vs. NT$225.22 billion

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple smartwatches ads are displayed as customers take a look at smartwatch accessories at the Apple store in New York, U.S., December 26, 2023.  Eduardo Munoz | Reuters Apple will again be barred from selling watches with blood oxygen sensors beginning Thursday, a federal appeals

In this article ANSS SNPS Follow your favorite stocksCREATE FREE ACCOUNT Ajei Gopal, CEO, Ansys Scott Mlyn | CNBC Semiconductor design and software firm Synopsys on Tuesday announced it would acquire Ansys, an engineering and product design software firm, in a cash-and-stock deal valued at approximately $35 billion. The acquisition is one of the largest

The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone with an EU flag shown in the background. Justin Tallis | AFP via Getty Images A raft of major technology and media companies have signed an open letter accusing tech giants of failing to bring their businesses into full compliance with

Elon Musk, chief executive officer of Tesla Inc., during a fireside discussion on artificial intelligence risks with Rishi Sunak, UK prime minister, not pictured, in London, UK, on Thursday, Nov. 2, 2023.  Tolga Akmen | Bloomberg | Getty Images Tesla and SpaceX CEO Elon Musk, who also owns the social network X (formerly known as

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT The Apple flagship store in Shanghai in November 2023. Costfoto | Nurphoto | Getty Images Apple is offering a discounts across a range of its products in China, including the latest iPhones, its website shows, as it faces rising competition and growing fears of a

In this article AAPL MSFT Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook, left, and Microsoft CEO Satya Nadella. Reuters Microsoft ended Friday’s U.S. trading session as the most valuable publicly traded company, surpassing Apple after briefly topping the iPhone maker during intraday trading Thursday. Shares of Microsoft climbed more than 3% for

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT An employee of the Tesla Gigafactory Berlin Brandenburg works on a production line of a Model Y electric vehicle. Patrick Pleul | Picture Alliance | Getty Images Shares of Tesla dipped as much as 3% Friday morning as the stock faced pressure from supply chain

Getty Images Bitcoin slid on Friday to end what should have been a momentous week for the cryptocurrency, with the launch of 11 bitcoin ETFs in the U.S. after a years long battle for institutional acceptance of the asset. The price of bitcoin dropped nearly 6% to $44,022.22, according to Coin Metrics, pulling most of

Chesnot | Getty Images Cryptocurrency bulls say bitcoin could surge to more than $100,000 this year after the U.S. Securities and Exchange Commission made a pivotal step to approve the first-ever U.S. spot bitcoin exchange-traded fund. Several crypto investors CNBC spoke with said they see the world’s top cryptocurrency rising in 2024, as the effects

In this article BLK BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Larry Fink, CEO of BlackRock. Cameron Costa | CNBC Bitcoin exchange-traded funds have arrived after a hard-fought battle between the crypto industry and the U.S. Securities and Exchange Commission. Larry Fink, CEO of BlackRock — the biggest asset manager in the world — thinks

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT An aerial view shows the Tesla Fremont Factory in Fremont, California on February 10, 2022. Josh Edelson | AFP | Getty Images Tesla is rolling out “market adjustment” pay increases this month to many of its factory workers across the U.S., according to notices posted

In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google and Alphabet CEO Sundar Pichai departs federal court on October 30, 2023 in Washington, DC. Pichai testified on Monday to defend his company in the largest antitrust case since the 1990s. Drew Angerer | Getty Images News | Getty Images Google cut several hundred

Omar Marques | Lightrocket | Getty Images The U.S. Securities and Exchange Commission just approved the first-ever batch of spot bitcoin exchange-traded funds to come out of the U.S. The agency gave the green light on Wednesday to sponsors of 10 ETFs, including BlackRock, Invesco, Fidelity, Grayscale, and Ark Invest — paving the way for

A BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) Vcg | Visual China Group | Getty Images Shares of Chinese electric car makers have started the new year in reverse gear, as intense competition and continuing price wars pressure