In this article META GOOGL MSFT AMZN Follow your favorite stocksCREATE FREE ACCOUNT In an unmarked office building in Austin, Texas, two small rooms contain a handful of Amazon employees designing two types of microchips for training and accelerating generative AI. These custom chips, Inferentia and Trainium, offer AWS customers an alternative to training their
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In this article MSFT AAPL AMZN NVDA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia CEO Jensen Huang,speaks at the Supermicro keynote presentation during the Computex conference in Taipei on June 1, 2023. Walid Berrazeg | Sopa Images | Lightrocket | Getty Images Following last year’s market route in tech stocks, all of the industry’s big
Stablecoins may be crypto’s killer app, but there needs to be regulation in place to allow them to flourish – which could benefit the U.S. dollar, according to Brian Brooks, a partner at Valor Capital Group. Speaking to CNBC’s “Squawk Box” Friday, Brooks – who was previously the CEO of the U.S. arm of crypto
In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT People walk by the News Corporation headquarters, home to Fox News, on April 18, 2023 in New York City. Spencer Platt | Getty Images Fox Corp. Chief Legal and Policy Officer Viet Dinh will step down from his post, months after the company agreed to
FBI Director Christopher Wray testifies before a House Judiciary Committee hearing on “oversight of the Federal Bureau of Investigation” and alleged politicization of law enforcement, on Capitol Hill in Washington, U.S., July 12, 2023. Jonathan Ernst | Reuters The mastermind behind a ransomware hosting service that allegedly helped criminals collect more than 5,000 bitcoin in
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT The Tesla Motors Inc. Model X sport utility vehicle (SUV). David Paul Morris | Bloomberg | Getty Images A Tesla Model X totaled in the U.S. late last year suddenly came back online and started sending notifications to the phone of its former owner, CNBC
This photo illustration shows an image of former President Donald Trump next to a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. Stefani Reynolds | AFP | Getty Images The social media company owned by former President Donald Trump in March tipped off the FBI about threats
X Corp. CEO Linda Yaccarino told CNBC that she has “autonomy” under owner Elon Musk in an interview Thursday, adding that advertisers should be comfortable returning to the platform under her leadership Yaccarino pointed to the Tweet announcing her hiring, where Musk underscored his continued control over product and development. Yaccarino told CNBC’s Sara Eisen
The Disney+ logo is displayed on a TV screen in Paris, December 26, 2019. Chesnot | Getty Images Disney is raising prices on almost all of its streaming offerings as it looks to accelerate profitability for the business. Commercial-free Disney+ will cost $13.99 per month, a 27% increase, beginning Oct. 12. Disney+ with ads will
In this article UBER Follow your favorite stocksCREATE FREE ACCOUNT Nisian Hughes | Getty Images When you take an Uber ride, you get to rate your driver. But your driver also gets to rate you as a rider. You may already know how to see view your average Uber rating as a rider. For most
In this article WE Follow your favorite stocksCREATE FREE ACCOUNT 29 July 2023, Australia, Sydney: The logo of “Wework,” a company that offers office space and coworking spaces for the self-employed and businesses, lights up downtown in front of skyscrapers. Sebastian Christoph Gollnow | Picture Alliance | Getty Images Four years ago WeWork was preparing
In this article DIS PENN Follow your favorite stocksCREATE FREE ACCOUNT SportsCenter at ESPN Headquarters. The Washington Post | The Washington Post | Getty Images Disney‘s ESPN is launching a betting sportsbook, putting the sports entertainment unit deeper into the wagering world. U.S. gambling company Penn Entertainment said it is partnering with ESPN to rebrand
In this article 9984.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp. Kiyoshi Ota | Bloomberg | Getty Images SoftBank reported a surprise loss in the first quarter covering April-June, despite an investment gain from its massive tech-focused Vision Fund. Here’s how the company did: The
In this article PLTR Follow your favorite stocksCREATE FREE ACCOUNT Alex Karp, CEO of Palantir Technologies, leaves a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 13, 2023. Kevin Dietsch | Getty Images Palantir reported a 13% increase in second-quarter revenue on Monday and issued a forecast
Visitors visit the stand of Huahong Group at an exhibition in Shanghai, China, June 15, 2023. On August 7, 2023, Huahong Group, the world’s sixth largest foundry semiconductor manufacturer, officially landed on the A-share science and technology innovation board, and the opening price rose by more than 13% on the first day. (Photo by Costfoto/NurPhoto
In this article TSP FDX UBER AUR AUR Follow your favorite stocksCREATE FREE ACCOUNT Trucking is an integral part of the economy, representing over 70 percent of freight moved in the U.S. Yet, it is dogged by driver shortages, safety issues and supply chain challenges. Pittsburgh-based Aurora Innovation is hoping to solve these problems and
Lorenzo Di Cola | Nurphoto | Getty Images Social network Twitter, recently rebranded as X, has commandeered the handle “@music” from open-source software developer Jeremy Vaught, who told CNBC he created the account in 2007, and had built a community of around half a million followers there. While Elon Musk-led X gave Vaught no choice
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Thilina Kaluthotage | Nurphoto | Getty Images Meta’s Twitter-like Threads app will soon get a search function and be available to access via the web. In a Threads post on Friday, Meta CEO Mark Zuckerberg said the new features will be “coming in the next
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook listens as U.S. President Joe Biden speaks during a roundtable with American and Indian business leaders alongside in the East Room of the White House on June 23, 2023 in Washington, DC. Anna Moneymaker | Getty Images Apple shares fell 4.8%
During a recent earnings presentation, SoftBank Founder Masayoshi Son (pictured here in 2019) said the company will go into “defense” mode as a result of myriad headwinds that have roiled global markets. Tomohiro Ohsumi | Getty Images Softbank’s Vision Fund filed suit against the founders of one of its portfolio companies on Monday, alleging that
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Andy Jassy on stage at the 2022 New York Times DealBook in New York City, November 30, 2022. Thos Robinson | Getty Images Amazon founder Jeff Bezos famously shunned Wall Street’s earnings obsession, claiming the customer was always more important. While his successor, Andy Jassy,
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Andy Jassy, CEO of Amazon, speaks at the ceremonial ribbon cutting prior to tomorrow’s opening night for the NHL’s newest hockey franchise the Seattle Kraken at the Climate Pledge Arena on October 22, 2021, in Seattle. Bruce Bennett | Getty Images Sport | Getty Images
In this article AMD Follow your favorite stocksCREATE FREE ACCOUNT Advanced Micro Devices needs India to keep up with the growing demand for its products, its executive vice president and chief technology officer told CNBC in an exclusive interview. “We have a global workforce. Our design efforts are global and doubling down on those investments,
In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT Qualcomm president and CEO Cristiano Amon speaks about Qualcomm’s technology for automakers at a news conference during CES 2022 in Las Vegas, Nevada, January 4, 2022. Steve Marcus | Reuters Qualcomm reported third-quarter earnings on Wednesday that beat Wall Street expectations, but revenue and guidance
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai speaks on-stage during the Google I/O keynote session at the Google Developers Conference in Mountain View, California, on May 10, 2023. Josh Edelson | AFP | Getty Images Google wants to “supercharge” its seven-year-old smart assistant using new advancements in generative
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Workers fulfill orders at an Amazon fulfillment center on Prime Day in Melville, New York, US, on Tuesday, July 11, 2023. Johnny Milano | Bloomberg | Getty Images For the millions of sellers who make up the booming Amazon marketplace, few things are as perpetually
CNBC/Kif Leswing SAN FRANCISCO —Elon Musk marked San Francisco as the spot for X Corp. over the weekend, erecting a giant glowing X sign on top of the headquarters of the company on Friday. On Monday, CNBC saw workers dismantling the glowing X, removing its lights and an arm of the letter, after the construction
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Sofia Pitt, CNBC Apple is preparing to unveil its next generation of devices this fall, and the high-end iPhone 15 models will reportedly feature some major changes. The company has used its proprietary Lightning charger for iPhones since 2012, but the iPhone 15 and iPhone
Reddit, home to cute cat pictures, investment advice, niche hobby discussions, celebrity interviews, edgy memes, wholesome memes and everything in between, has been facilitating discussions on the internet since 2005. The site has about 57 million daily active users who post and consume news, memes, questions and even stock tips that can roil markets. The company
Google CEO Sundar Pichai speaks onstage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters Shares of Alphabet’s stock jumped 10% this week after the company reported second quarter earnings that showed growth despite a tough ad market. Share price for the Google parent company reached
This illustration photo taken on July 24, 2023 shows the Twitter bird logo upside down in the background of Elon Musk’s screen advertising an “X” as a replacement logo, in Los Angeles. Chris Delmas | AFP | Getty Images X, formerly known as Twitter, has officially retired its famous blue and white bird logo. The
FTX Founder Sam Bankman-Fried arrives at Manhattan Federal Court for a court appearance in New York, United States on June 15, 2023. Fatih Aktas/ | Anadolu Agency | Getty Images Federal prosecutors asked a judge to revoke FTX founder Sam Bankman-Fried’s bail in a Manhattan court filing Friday, claiming that the billionaire had violated the
In this article MSFT META Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook arrives for an official State Dinner in honor of India’s Prime Minister Narendra Modi, at the White House in Washington, DC, on June 22, 2023. Stefani Reynolds | AFP | Getty Images The most powerful technology companies simply cannot stop
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