In this article BABA BIDU 9988-HK 700-HK 9888-HK 3690-HK Follow your favorite stocksCREATE FREE ACCOUNT China’s President Xi Jinping speaking at the opening session of the 20th Chinese Communist Party’s Congress at the Great Hall of the People in Beijing on Oct. 16, 2022. Noel Celis | AFP | Getty Images Chinese technology stocks tanked
Technology
Samuel Bankman-Fried, founder and CEO of FTX, testifies during a Senate Committee on Agriculture, Nutrition and Forestry hearing about “Examining Digital Assets: Risks, Regulation, and Innovation,” on Capitol Hill in Washington, DC, on February 9, 2022. Saul Loeb | AFP | Getty Images A network of political action committees supported by cryptocurrency industry leaders are
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Level Home Apple stores in the U.S. are now selling an exterior door lock that can be unlocked by a user’s Apple Watch or iPhone. The $329 Level Lock+ is the first Home Key-supported lock that’s been sold in Apple stores. When the Level Lock+,
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple iPad Apple Earlier this week, Apple introduced a redesigned iPad and updates to the iPad Pros. They’ll likely help the company spur sales during the ever-important holiday shopping season. But it also means Apple now sells six different iPads, and you might find it
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Apple’s vice president of industrial design, Evans Hankey, is leaving the company, Apple confirmed to CNBC on Friday. Hankey took
In this article SNAP Follow your favorite stocksCREATE FREE ACCOUNT Evan Spiegel, CEO of SNAP Inc. Stephen Desaulniers | CNBC Shares of Snap fell 29% in trading Friday morning after investors continued to digest the company’s third-quarter earnings report that was released Thursday night. The company posted an unexpected profit, but revenue missed estimates slightly,
In this article SNAP Follow your favorite stocksCREATE FREE ACCOUNT Snap shares plummeted more than 25% in extended trading on Thursday after the social media company reported weaker-than-expected revenue for the third quarter. It’s Wall Street’s first peak into the current state of the struggling online ad market. Here are the key numbers. Earnings per
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple iOS 16 Source: Apple Apple’s newest update to its iPhone operating system, iOS 16.1, will be available on Monday, the company announced in a press release Thursday. It will launch for iPhone users with an iPhone 8 or newer models, and it adds quite
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla electric vehicle at a supercharger station in Hawthorne, California, on Aug. 9, 2022. Patrick T. Fallon | AFP | Getty Images Tesla CEO Elon Musk said during the company’s Q3 earnings call on Tuesday evening that the company expects to fully meet the
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla reported third-quarter earnings after the bell, and executives addressed a broad range of questions during the earnings call, including macroeconomic concerns and CEO Elon Musk’s pending takeover of Twitter. Shares fell by about 5% after hours following the results. Here are the results. Earnings: $1.05
In this article NUN-MX Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | NurPhoto | Getty Images The Brazilian digital banking startup Nubank will launch its own cryptocurrency in the country next year, marking the latest move into digital assets by a large financial institution. Nubank said Wednesday it will launch the token, called Nucoin,
Elon Musk said Friday that SpaceX cannot continue fund Starlink terminals in Ukraine “indefinitely” in light of the cost. However, Musk, who is also CEO of electric car company Tesla, he said Saturday that SpaceX will keep funding the Ukrainian government “for free” even though Starlink is “still losing money.” Adrees Latif | Reuters Elon
In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc. Brendan McDermid | Reuters Starboard Value has taken a stake in Salesforce, with founder Jeff Smith saying a significant opportunity remains in the enterprise software maker, according to CNBC’s David Faber.
Shoppers queue in like outside the Apple store during the launch day of the new iPhone 14 series smartphones in Hong Kong, on September 16, 2022. Miguel Candela | Anadolu Agency | Getty Images The closely watched consumer price index continues to show headline inflation in the U.S. hovering at levels last seen in the
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, October 14, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Volatility and earnings Last week, economic data fed the market’s volatility. Inflation remains red hot, so
In this article DIS UPS Follow your favorite stocksCREATE FREE ACCOUNT Research isn’t exact, but recent polling shows that as many as half of Americans under the age of 40 have a tattoo, and that has implications for the job market. Hinterhaus Productions | Stone | Getty Images The growing battle to attract and retain
In this article DWAC Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the social media platform, Truth Social logo seen displayed on a smartphone with a photo of former US President Donald Trump displayed in the background. Rafael Henrique | Lightrocket | Getty Images Former President Donald Trump’s media company fired an executive
A smartphone with the Starlink logo displayed on the screen. Sopa Images | Lightrocket | Getty Images Elon Musk said in a tweet Saturday that his company SpaceX would continue to fund Starlink satellite internet terminals for the Ukrainian government as it battles invading Russian forces. “The hell with it,” the billionaire tweeted, “even though Starlink
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT A shopper looks at a wall fully occupied with iPhone case covers at the American multinational technology company Apple store in Hong Kong. China’s consumer prices rose at a slower-than-expected pace in August amid heatwaves and Covid-19 flare-ups, while producer inflation eased to the lowest
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT A worker delivers Amazon packages in San Francisco, California, US, on Wednesday, Oct. 5, 2022. Amazon’s Prime Early Access Sale is on through Oct. 12 to boost sales among cost-conscious consumers who are expected to start their holiday shopping even earlier this year. Bloomberg |
Elon Musk said that his company SpaceX cannot fund the Starlink service in Ukraine “indefinitely.” Michael Gonzalez | Getty Images News | Getty Images Elon Musk said Friday that SpaceX cannot continue fund Starlink terminals in Ukraine “indefinitely,” after a report suggested his space exploration company had asked the Pentagon to cover the costs. SpaceX’s
Chinese President Xi Jinping proposing a toast at the welcome banquet for leaders attending the Belt and Road Forum at the Great Hall of the People on April 26, 2019 in Beijing, China. Nicolas Asfouri | Getty Images Xi Jinping once declared China should “prioritize innovation” and be on the “cutting-edge (of) frontier technologies, modern
In this article ASML-NL Follow your favorite stocksCREATE FREE ACCOUNT Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including ASML, scrambling to figure out what the rules mean in practice. Emmanuel Dunand | AFP |
In this article DWAC Follow your favorite stocksCREATE FREE ACCOUNT The Truth social network logo is seen displayed behind a woman holding a smartphone in this picture illustration taken February 21, 2022. Dado Ruvic | Reuters Shares of Digital World Acquisition Corp., the company aiming to take former President Donald Trump’s media company public, jumped
Andy Jassy, CEO of Amazon and then CEO of Amazon Web Services, speaks at the WSJD Live conference in Laguna Beach, California, October 25, 2016. Mike Blake | Reuters Throughout its first 25 years as a public company, Amazon has operated under a singular mantra, often to the chagrin of Wall Street: growth is more
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Meta CEO Mark Zuckerberg said on Tuesday that his company’s newest virtual reality headset, dubbed the Meta Quest Pro, will cost $1,500 and start shipping on Oct. 25. Zuckerberg debuted the device at Meta’s Connect conference, geared toward VR and augmented reality developers. The new
The logo of German online bank N26 displayed on a smartphone. Thomas Trutschel | Photothek via Getty Images German mobile bank N26 reported Tuesday a sharp rise in annual revenues as usage of its platform grew, however losses also ticked higher after an increase in spending on regulatory compliance. N26’s net revenue increased 67% in
Rowan Trollope, CEO, Five9 Scott Mlyn | CNBC Shares of cloud software vendor Five9 closed down 25% Monday and fell to their lowest since March 2020 after CEO Rowan Trollope announced his resignation. Trollope is leaving to become CEO of a venture-backed pre-IPO startup, he said on Twitter. He is being succeeded by former Five9
Elon Musk waded into geopolitics once more suggesting an arrangement whereby Taiwan becomes a “special administrative zone” of China, with Beijing likely having some control over the self-ruled island. That suggestion has drawn the ire of Taiwanese politicians. Taiwan’s government has previously rejected such a proposal. Jim Watson | AFP | Getty Images Elon Musk
Just a couple of years ago, it seemed that space mining was inevitable. Analysts, tech visionaries and even renowned astrophysicist Neil deGrasse Tyson predicted that space mining was going to be big business. Space mining companies like Planetary Resources and Deep Space Industries, backed by the likes of Google‘s Larry Page and Eric Schmidt, cropped
Zoom In IconArrows pointing outwards Stable Diffusion’s web interface, DreamStudio Screenshot/Stable Diffusion Computer programs can now create never-before-seen images in seconds. Feed one of these programs some words, and it will usually spit out a picture that actually matches the description, no matter how bizarre. The pictures aren’t perfect. They often feature hands with extra
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk Mike Blake | Reuters Tesla shares dropped nearly 16% during what CEO Elon Musk called a “very intense 7 days indeed” to one of his 108 million followers on Twitter. Tesla shares closed at $265.25 on Friday, Sept. 30. At market’s close one
In this article AMD Follow your favorite stocksCREATE FREE ACCOUNT Lisa Su, president and chief executive officer of Advanced Micro Devices (AMD), holds a 3rd generation Ryzen desktop processor while speaking during a keynote session at the 2019 Consumer Electronics Show (CES) in Las Vegas, Jan. 9, 2019. David Paul Morris | Bloomberg | Getty
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