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Super Micro’s $50 billion stock collapse underscores risk of AI hype

The Super Micro Computer Inc. headquarters in San Jose, California, U.S., on Tuesday, Jan. 5, 2021. Bloomberg | Bloomberg | Getty ImagesIn March, Super...

Apple sales rise 6%, company seeing early iPhone 16 demand

CEO of Apple Tim Cook poses as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S....

Samsung Electronics’ chip profit shrinks 40% from the previous quarter

Customers shop at a Samsung mobile store inside a shopping mall in New Delhi.Reuters | Anindito MukherjeeSamsung Electronics on Thursday reported third-quarter sales...

Apple’s services unit is now a $100 billion a year juggernaut after ‘phenomenal’ growth

Apple CEO Tim Cook (C) joins customers during Apple's iPhone 16 launch in New York on September 20, 2024. Timothy A. Clary | Afp...

Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%

Amazon CEO, Andy Jassy speaking with CNBC's Jim Cramer on Mad Money in Seattle, WA. on Dec. 6th, 2023.CNBCAmazon CEO Andy Jassy is...

Intel shares jump 7% on earnings beat, uplifting guidance

Intel CEO Pat Gelsinger holds an artificial intelligence processor as he speaks during the Computex conference in Taipei, Taiwan, on June 4, 2024.Annabelle...

Meta’s Threads micro-blogging app now has 275 million monthly users, Zuckerberg says

Meta CEO Mark Zuckerberg holds a smartphone, as he makes a keynote speech at the Meta Connect annual event, at the company's headquarters...

Uber reports third-quarter results that beat Wall Street’s revenue expectations

Uber reported third-quarter results on Thursday that beat Wall Street's expectations for revenue but missed on analysts' projections for gross bookings.Shares of the...

OpenAI launches ChatGPT search, competing with Google and Microsoft

In this photo illustration, the OpenAI logo is displayed on a mobile phone screen with a photo of Sam Altman, CEO of OpenAI.Didem...

Microsoft CFO says OpenAI investment will cut into profit this quarter

Microsoft CEO Satya Nadella, right, speaks as OpenAI CEO Sam Altman looks on during the OpenAI DevDay event in San Francisco on Nov....

Even Mark Zuckerberg seems surprised by Meta’s pace of spending on AI

Mark Zuckerberg, CEO of Meta Platforms Inc., arrives for the Meta Connect event in Menlo Park, California, on Sept. 25, 2024.David Paul Morris...

What internet data brokers have on you — and how you can start to get it back

D3sign | Moment | Getty ImagesData brokers have long operated in the shadows of the internet, quietly amassing unprecedented amounts of personal information...

Tesla shares drop 5% in premarket after Cybercab robotaxi reveal fails to impress

Tesla unveils its "Cybercab" on October 10, 2024 in Burbank, California.Shares of electric vehicle maker Tesla sank after the company's long-awaited robotaxi event...

Microsoft will let people buy games through Xbox app on Android in November after Google antitrust ruling

Phil Spencer, CEO of Microsoft Gaming, speaks at the Gamescom conference in Cologne, Germany, on Aug. 23, 2023.Franziska Krug | German Select |...

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