In this article MSFT AAPL AMZN NVDA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia CEO Jensen Huang,speaks at the Supermicro keynote presentation during the Computex conference in Taipei on June 1, 2023. Walid Berrazeg | Sopa Images | Lightrocket | Getty Images Following last year’s market route in tech stocks, all of the industry’s big
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Stablecoins may be crypto’s killer app, but there needs to be regulation in place to allow them to flourish – which could benefit the U.S. dollar, according to Brian Brooks, a partner at Valor Capital Group. Speaking to CNBC’s “Squawk Box” Friday, Brooks – who was previously the CEO of the U.S. arm of crypto
In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT People walk by the News Corporation headquarters, home to Fox News, on April 18, 2023 in New York City. Spencer Platt | Getty Images Fox Corp. Chief Legal and Policy Officer Viet Dinh will step down from his post, months after the company agreed to
FBI Director Christopher Wray testifies before a House Judiciary Committee hearing on “oversight of the Federal Bureau of Investigation” and alleged politicization of law enforcement, on Capitol Hill in Washington, U.S., July 12, 2023. Jonathan Ernst | Reuters The mastermind behind a ransomware hosting service that allegedly helped criminals collect more than 5,000 bitcoin in
This photo illustration shows an image of former President Donald Trump next to a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. Stefani Reynolds | AFP | Getty Images The social media company owned by former President Donald Trump in March tipped off the FBI about threats
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT The Tesla Motors Inc. Model X sport utility vehicle (SUV). David Paul Morris | Bloomberg | Getty Images A Tesla Model X totaled in the U.S. late last year suddenly came back online and started sending notifications to the phone of its former owner, CNBC
US President Joe Biden speaks on how “Bidenomics” is helping clean energy and manufacturing, at Arcosa Wind Towers in Belen, New Mexico, on August 9, 2023. Jim Watson | AFP | Getty Images The Biden administration’s executive order restricting U.S. private equity and venture capital investments in Chinese technology finally landed on Wednesday. For U.S.
In this article BABA BABA Follow your favorite stocksCREATE FREE ACCOUNT Alibaba Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. Aly Song | Reuters Chinese e-commerce giant Alibaba on Thursday reported revenue grew by 14% year-on-year in the quarter ended June 30. The company’s U.S.-traded shares
The Disney+ logo is displayed on a TV screen in Paris, December 26, 2019. Chesnot | Getty Images Disney is raising prices on almost all of its streaming offerings as it looks to accelerate profitability for the business. Commercial-free Disney+ will cost $13.99 per month, a 27% increase, beginning Oct. 12. Disney+ with ads will
PayPal on Monday became the first major U.S. fintech company to offer its own crypto token with a dollar-pegged stablecoin known as PayPal USD, making big promises of how it can move money between millions of crypto investors. The company is entering an extremely crowded market already dominated by stablecoins like tether and USDC, at
In this article WE Follow your favorite stocksCREATE FREE ACCOUNT 29 July 2023, Australia, Sydney: The logo of “Wework,” a company that offers office space and coworking spaces for the self-employed and businesses, lights up downtown in front of skyscrapers. Sebastian Christoph Gollnow | Picture Alliance | Getty Images Four years ago WeWork was preparing
In this article 9984.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp. Kiyoshi Ota | Bloomberg | Getty Images SoftBank reported a surprise loss in the first quarter covering April-June, despite an investment gain from its massive tech-focused Vision Fund. Here’s how the company did: The
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT The publishing offices of Simon and Schuster in New York. Amy T. Zielinski | Newscast | Universal Images Group | Getty Images Paramount Global agreed to sell book publisher Simon & Schuster to private equity giant KKR for $1.62 billion, the media company said Monday
Visitors visit the stand of Huahong Group at an exhibition in Shanghai, China, June 15, 2023. On August 7, 2023, Huahong Group, the world’s sixth largest foundry semiconductor manufacturer, officially landed on the A-share science and technology innovation board, and the opening price rose by more than 13% on the first day. (Photo by Costfoto/NurPhoto
In this article TSP FDX UBER AUR AUR Follow your favorite stocksCREATE FREE ACCOUNT Trucking is an integral part of the economy, representing over 70 percent of freight moved in the U.S. Yet, it is dogged by driver shortages, safety issues and supply chain challenges. Pittsburgh-based Aurora Innovation is hoping to solve these problems and
Lorenzo Di Cola | Nurphoto | Getty Images Social network Twitter, recently rebranded as X, has commandeered the handle “@music” from open-source software developer Jeremy Vaught, who told CNBC he created the account in 2007, and had built a community of around half a million followers there. While Elon Musk-led X gave Vaught no choice
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Thilina Kaluthotage | Nurphoto | Getty Images Meta’s Twitter-like Threads app will soon get a search function and be available to access via the web. In a Threads post on Friday, Meta CEO Mark Zuckerberg said the new features will be “coming in the next
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook listens as U.S. President Joe Biden speaks during a roundtable with American and Indian business leaders alongside in the East Room of the White House on June 23, 2023 in Washington, DC. Anna Moneymaker | Getty Images Apple shares fell 4.8%
During a recent earnings presentation, SoftBank Founder Masayoshi Son (pictured here in 2019) said the company will go into “defense” mode as a result of myriad headwinds that have roiled global markets. Tomohiro Ohsumi | Getty Images Softbank’s Vision Fund filed suit against the founders of one of its portfolio companies on Monday, alleging that
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Andy Jassy on stage at the 2022 New York Times DealBook in New York City, November 30, 2022. Thos Robinson | Getty Images Amazon founder Jeff Bezos famously shunned Wall Street’s earnings obsession, claiming the customer was always more important. While his successor, Andy Jassy,
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