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Tag: Breaking News: Technology

Here are the portfolio’s top 5 performers in a record-setting week for stocks

The bulls got what they wanted this week: cooler inflation data and record highs. The Dow Jones Industrial Average on Friday closed above...

Nvidia and 2 other portfolio stocks report earnings next week. Here’s what we want to see from each

All three major averages closed higher for the week, driven by softer retail sales and consumer price data for April. It was another...

The best and the worst sectors in the stock market in this recording-setting week

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last...

OpenAI dissolves team focused on long-term AI risks, less than one year after announcing it

OpenAI has disbanded its team focused on the long-term risks of artificial intelligence just one year after the company announced the group, a...

Activist Boaz Weinstein says BlackRock funds are ‘crushing shareholder rights’

Boaz Weinstein, founder and chief investment officer of Saba Capital Management, during the Bloomberg Invest event in New York, US, on Wednesday, June...

Campus protests have called for schools to divest from Israel. Here’s how that would actually work

Student protests against the ongoing Israel-Hamas conflict have brought battalions of police in riot gear to college campuses, enraged some billionaire donors, and...

DuPont stock hits new high after an analyst’s upgrade — why we’re not buyers here

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's...

As Tesla layoffs continue, here are 600 jobs the company cut in California

As part of Tesla's massive restructuring, the electric vehicle maker notified the California Employment Development Department this week that it's cutting approximately 600...

GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped

Omar Marques | Lightrocket | Getty ImagesGameStop shares tumbled more than 20% in premarket Friday after the video game retailer said it plans...

AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone

Michael Intrator, CEO of CoreWeave, participates in a CNBC interview on May 9, 2024.CNBCFresh off a $1.1 billion equity funding round, artificial intelligence...

Microsoft’s Mistral partnership avoids merger probe by British regulators

The Microsoft logo is displayed on a smartphone.Mateusz Slodkowski | Sopa Images | Lightrocket | Getty ImagesThe U.K.'s Competition and Markets Authority cleared...

Reddit soars after announcing OpenAI deal that allows use of its data for training AI models

The trading floor of the New York Stock Exchange prepares for the social media platform Reddit's initial public offering in New York City...

After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation

Dylan Field, co-founder and CEO of Figma, speaks at the startup's Config conference in San Francisco on May 10, 2022.FigmaFigma, a cloud-based design...

Meta slapped with formal EU probe over child safety risks

Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington,...

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