Tag: Breaking News: Technology

Tesla shareholder vote on Musk’s historic pay package won’t resolve ‘legal disputes’

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at...

Here are 9 stocks that can benefit from Fed interest rate cuts

The S & P 500 and Nasdaq extended their record rallies this week following cooler-than-expected consumer inflation data Wednesday morning. While Fed rate...

Revolut moves global HQ to heart of London’s financial district as it awaits UK bank license

A mockup of what Revolut's new global HQ in Canary Wharf will look like. The firm said it plans to display its logo...

CNBC Daily Open: Fed signals just one rate cut

Traders work on the floor of the New York Stock Exchange during afternoon trading on April 2, 2024 in New York City.Michael M....

Fintech has hit a bottom after plunge in valuations and squeeze on funding, execs and VCs say

Long gone are the days when venture capital was flowing into fintech startups with bold ideas — and little to show in terms...

Chinese EV stocks surge after EU slaps up to 38% additional import tariffs

Visitors are looking at a BYD DM-i electric car at the 2024 Beijing International Automotive Exhibition in Beijing, China, on May 3, 2024....

Databricks tells investors annualized revenue will reach $2.4 billion at midway point of year

Ali Ghodsi, co-founder and CEO of Databricks, speaks at a press conference at Databricks' Data and AI Summit in San Francisco on June...

Blistering AI demand drives a beat and raise at our other chipmaker Broadcom

Broadcom shares surged more than 14% in extended trading Wednesday after the chip and software maker delivered better-than-expected quarterly results, driven by strong...

Broadcom beats earnings estimates, announces 10-for-1 stock split

Igor Golovniov | Lightrocket | Getty ImagesBroadcom posted earnings for the second fiscal quarter on Wednesday that beat analyst estimates. It also announced...

Top Southwest shareholder signals support for Elliott activist campaign

Southwest Airlines CEO Bob Jordan speaks as he is interviewed by CNBC outside the New York Stock Exchange on Dec. 9, 2021.Brendan McDermid...

Larry Ellison is $18 billion richer after Oracle shares rally the most since 2021

Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017.David Paul...

Fisker recalls thousands of Ocean EVs for safety and compliance issues

The Fisker Ocean electric sports utility vehicle (SUV) during AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California, U.S.,...

Apple surpasses Microsoft as world’s most valuable company after unveiling AI plans

Apple CEO Tim Cook attends the annual developers conference event at the company's headquarters in Cupertino, California, on June 10, 2024.Carlos Barria |...

Oracle stock pops 10% on AI demand, new deals with Google and OpenAI

Oracle chairman of the board and chief technology officer Larry Ellison delivers a keynote address during the 2019 Oracle OpenWorld on September 16,...

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