Tag: Breaking News: Technology

Nvidia shares soar 11% after Microsoft quells fears that AI buildout is too fast

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference on...

Meta set to report second-quarter earnings after the bell

Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023.Josh...

Taco Bell to roll out AI drive-thru ordering in hundreds of locations by end of year

Gastonia, North Carolina, Taco Bell Mexican fast food restaurant and drive thru at dusk. Jeff Greenberg | Universal Images Group | Getty ImagesYum Brands...

Uber to start using BYD cars in Europe, Latin America and develop ‘autonomous-capable vehicles’

BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of...

ASML shares pop 7% after report that U.S. will exempt allies from new China chip restrictions

Shares of ASML jumped as much as 10% on Wednesday after a Reuters report suggested that the company could be exempted from expanded...

TikTok-owner ByteDance’s Singapore workers suffer mass food poisoning

A bipartisan group of U.S. lawmakers introduced legislation on Tuesday to give China's ByteDance about six months to divest popular short video app...

We’re upgrading Microsoft after earnings. The stock has pulled back enough lately

Microsoft delivered an overall strong quarter after Tuesday's market close, but a miss on Azure revenue growth put shares under pressure in extended-hours...

Samsung second-quarter operating profit soars 1,458% as AI demand remains strong; results top estimates

The Samsung logo is on display at their pavilion during the Mobile World Congress in Barcelona, Spain, on February 28, 2024. (Photo by...

AMD says data center sales more than doubled in a year

Lisa Su at the Keynote: Lisa Su in Conversation with Ryan Patel as part of SXSW 2024 Conference and Festivals held at the...

Microsoft tells employees it will hand out one-time cash awards of up to 25% of annual bonus

Satya Nadella, CEO of MicrosoftBernd Von Jutrczenka | picture alliance | Getty ImagesMicrosoft said on Tuesday it will pay a one-time performance-based cash...

Pinterest shares tumble on weak guidance

Bill Ready, CEO of Pinterest, rings the opening bell at New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024. Brendan...

Lost in the market’s sharp rotation out of tech stocks is a really bullish call on major banks

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

CrowdStrike shares plunge 11% to lowest level of the year on report that Delta may seek damages

Sopa Images | Lightrocket | Getty ImagesCrowdStrike shares fell tumbled 11% on Tuesday to their lowest level of the year following a report...

Microsoft set to report earnings after the bell

Microsoft CEO Satya Nadella speaks during the company's Build developer conference in Seattle on May 21, 2024.Jason Redmond | AFP | Getty ImagesMicrosoft...

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Tag: Breaking News: Technology

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