Tag: Technology

Why a Wall Street downgrade of Costco is not a reason to sell the stock

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 Tuesday's...

Britain does a bad job at keeping globally relevant tech firms, former Arm CEO says

Warren East, former CEO of Rolls Royce and Arm, speaking at a tech event in London on June 13, 2022.Luke MacGregor | Bloomberg...

SpaceX launches Polaris Dawn mission, which will attempt the first private spacewalk

A SpaceX Falcon 9 rocket with the Crew Dragon Resilience capsule, carrying the crew of the Polaris Dawn Mission.Chandan Khanna | Afp |...

Google’s 2.4 billion euro fine upheld by Europe’s top court in EU antitrust probe

The European Union flag is seen with Google's logo.Jaap Arriens | NurPhoto | Getty ImagesEurope's top court on Tuesday upheld a 2.4 billion...

Huawei launches $2,800 trifold phone hours after Apple debuts iPhone 16

Richard Yu, a Huawei executive director overseeing consumer products, reveals the price for the company's trifold Mate XT smartphone on Tuesday, Sept. 10,...

Apple loses EU court battle over 13 billion euro tax bill in Ireland

Omar Marques | Sopa Images | Lightrocket | Getty ImagesEurope's top court on Tuesday ruled against Apple in the tech giant's 10-year court...

In Huawei’s battle against Apple, chips are still a weakness, says analyst

Illustration of a user browsing booking information for Huawei's new foldable mobile phone in Suqian, Jiangsu province, China, Sept 8, 2024. Cfoto | Future...

CNBC Daily Open: Did Apple’s shiny new things uplift markets?

Attendees inspect the new iPhone 16 Pro and 16 Pro Max during an Apple special event at Apple headquarters on September 09, 2024...

Oracle shares jump on earnings and revenue beat

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...

Bitcoin rebounds from its worst week in more than a year, jumping above $57,000

Bitcoin jumped Monday evening and topped $57,000 after Wall Street's rebound from its worst week of the year.The price of the flagship cryptocurrency...

Palantir soars 14% on software vendor’s inclusion in S&P 500

Alex Karp, CEO of Palantir Technologies, walks to the morning session at the Allen & Co. Media and Technology Conference in Sun Valley,...

Battery giant Northvolt to lay off staff in huge cost-cutting drive amid EV market slowdown

A Northvolt building in Sweden, photographed in February 2022.Mikael Sjoberg | Bloomberg | Getty ImagesNorthvolt, a key battery producer for Europe's electric vehicle...

A Porsche-backed startup is building a massive battery recycling plant to boost Europe’s EV industry

Cylib, a startup backed by Porsche and Bosch, is building a huge electric vehicle battery recycling facility in Dormagen, a town in Germany's...

Skype founder’s VC firm raises $1.24 billion to back European tech startups

Niklas Zennstrom, CEO of Atomico and co-founder of Skype.Simon Dawson | Bloomberg | Getty ImagesLONDON — Atomico, an early investor in top European...

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