Technology Archives - Page 5 of 118

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...

Comcast’s potential cable networks separation will test the appetite for media reconfiguration

Mike Cavanagh, president of Comcast Corporation, at center, during the Allen & Company Sun Valley Conference in Sun Valley, Idaho, July 12, 2023.David...

Amazon’s advertising business grew 19% in the third quarter

Dominika Zarzycka | Nurphoto | Getty ImagesAmazon's online advertising business brought in $14.3 billion in the third quarter, up 19% year over...

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...

Microsoft’s stock has worst day in two years after disappointing forecast

Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024.Dimas Ardian | Bloomberg...

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...

Palo Alto shares helped by contract news, Abbott Labs braces for lawsuit ruling

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

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...

We’re hiking our price target on an industrial whose earnings benefit from AI data center boom

Electrical components and power systems company Eaton delivered mixed third-quarter results Thursday morning, and its stock paid the price. Revenue increased over 8%...

Jack Dorsey’s payments company Block expands corporate card service to the UK

Marco Bello | AFP | Getty ImagesLONDON — Block, the payments company owned by tech billionaire Jack Dorsey has launched its corporate card service...

Chinese smartphone company Honor gets new investors as it gears up for IPO

Chinese smartphone company Honor has released devices that fold up to be nearly as thin as an iPhone.Nurphoto | Nurphoto | Getty ImagesBEIJING...

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....

Meta’s stock drop tells the wrong story on earnings — so, we’re boosting our price target

Don't let the after-hours stock action fool you, Meta Platforms delivered one heck of a strong third quarter and a current quarter revenue...

We reiterate our 1 rating on Microsoft despite its softer guidance — here’s why

Microsoft reported better-than-expected quarterly results Thursday, led by strong growth in its cloud-computing business — but soft guidance pressured shares in after-hours trading....

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