Tag: Technology

CNBC Daily Open: Wall Street sinks, Ford slumps

Traders work on the floor of the New York Stock Exchange (NYSE) on July 24, 2024 in New York City.Spencer Platt | Getty...

Nvidia supplier SK Hynix posts highest quarterly profit in 6 years on AI chip leadership

A man walks past a logo of SK Hynix at the lobby of the company's Bundang office in Seongnam on January 29, 2021.Jung...

Biden to say ‘defense of democracy’ drove his exit in Oval Office address

U.S. President Joe Biden disembarks Air Force One on his way back to Washington, at Joint Base Andrews in Maryland, U.S., July 23,...

Grayscale’s $9 billion head start in ethereum is at risk as big investors launch ETFs

Representation of cryptocurrency and Gayscale logo displayed on a phone screen.Jakub Porzycki | Nurphoto | Getty ImagesFor crypto firm Grayscale, it's deja vu...

NBA says Amazon will be its new media partner, rebuffing Warner Bros. Discovery attempt to match deal

Luka Doncic #77 of the Dallas Mavericks shoots the ball against the Boston Celtics during Game 5 of the 2024 NBA Finals on...

Kamala Harris’ tech allies on track to raise over $100 million as they work to win over Silicon Valley skeptics

Vice President Kamala Harris' allies in the tech community have launched a behind-the-scenes lobbying campaign to convince wealthy donors to back her campaign...

IBM shares jump on earnings and revenue beat

Arvind Krishna, CEO of IBM, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023.Tom...

How Truth Social could make former President Trump billions before turning a profit

Truth Social is a social media platform whose majority owner is former President Donald Trump.A team of early investors say they want to...

Tesla shares fall 8% in premarket trading after weaker-than-expected earnings

Elon Musk, CEO of Tesla.Antonio Masiello | Getty ImagesTesla shares fell more than 8% in premarket trading in the U.S. after the electric...

CNBC Daily Open: Nasdaq futures fall as Alphabet, Tesla earnings disappoint

Traders work on the floor of the New York Stock Exchange (NYSE) on July 22, 2024 in New York City.Spencer Platt | Getty...

Chinese EV stocks drop as Tesla’s earnings miss, General Motors delays EV plans

Spectators are looking at BYD Song L electric cars at the 21st Changchun International Automobile Expo in Changchun, Jilin province, China, on July...

Elon Musk says he expects China to approve Full Self-Driving by the end of the year

Tesla China sales fell by 5.4% in the first half of the year, although the company retained third place in new energy vehicle...

Elon Musk wants Tesla to invest $5 billion into his newest startup, xAI — if shareholders approve

Musk is attending Cannes Lions this week with an aim to reassure ad groups and global brands over the future of X.Marc Piasecki...

Trump 2.0 could go ‘nuclear’ on China trade, while economists say Harris would remain tough

Republican Presidential nominee and former President Donald J. Trump holds campaign rally at the Van Andel Arena in Grand Rapids, Michigan on July 20,...

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