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Tag: Technology

Snowflake surges 13% on earnings beat as company expands AI push

Jakub Porzycki | Nurphoto | Getty ImagesSnowflake shares popped more than 13% Thursday after the data analytics software company posted stronger-than-expected fourth-quarter results.The...

Stripe’s valuation climbs to $91.5 billion in secondary stock offer

Stripe announced a tender offer for employees and shareholders on Thursday that values the payments startup at $91.5 billion, the closest the company...

Market volatility creating buzz for these two types of ETFs

Market volatility appears to be boosting demand for two types of exchange-traded funds: leveraged and inverse.And, Direxion CEO and ETF money manager Douglas...

Amazon touts its first quantum-computing chip a week after Microsoft’s unveiling

Amazon on Thursday revealed its first chip for quantum computing, and said its design will help the company build highly efficient hardware systems.The...

Reddit co-founder says Meta’s end to third-party fact-checking is ‘very pragmatic’

Reddit's co-founder says Meta's decision to end third-party fact-checking on its platforms was a "pragmatic" one, characterizing the move as a reversal of...

CNBC Daily Open: Nvidia’s earnings are steady — but U.S. consumer confidence is shaky

Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show (CES) 2025, showcasing the company's latest innovations in Las Vegas,...

Nvidia warns of growing competition from China’s Huawei, despite U.S. sanctions

BEIJING — U.S. chip giant Nvidia has flagged heightened competition from Huawei, despite U.S. restrictions on the Chinese telecommunications company.In an annual filing...

Meta apologizes after Instagram users flag flood of graphic and violent content

Instagram has installed a new privacy setting which will default all new and existing underage accounts to an automatic private mode.Brandon Bell |...

Nvidia’s beat and raise eases investors’ concerns about 4 things nagging the stock

Nvidia on Wednesday evening delivered a better-than-expected fiscal 2025 fourth quarter driven by a $2 billion revenue beat on data center sales. Forward...

CNBC Daily Open: Nvidia’s earnings are solid but U.S. consumer confidence wobbles

Nvidia CEO Jensen Huang arrives to attend the opening ceremony of Siliconware Precision Industries Co. (SPIL)’s Tan Ke Plant site in Taichung, Taiwan...

Nvidia CEO Huang says AI has to do ‘100 times more’ computation now than when ChatGPT was released

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during a news conference in Taipei, Taiwan, on Tuesday, June 4, 2024.Annabelle Chih...

Teladoc shares tumble on wider-than-expected loss, disappointing revenue guidance

Teladoc Health Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Tuesday, Dec. 31, 2024. Michael...

Salesforce misses on revenue, issues disappointing guidance

Salesforce CEO Marc Benioff appears at the World Economic Forum in Davos, Switzerland, on Jan. 23, 2025.Halil Sagirkaya | Anadolu | Getty ImagesSalesforce...

Instacart suffers steepest drop on record after disappointing revenue, lackluster forecast

In this photo illustration, Instacart logo is seen on a smartphone and on a pc screen.Pavlo Gonchar | SOPA Images | Lightrocket |...

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