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Tag Archives: CNBC
Microsoft tops $4 trillion in market cap after hours, joining Nvidia in exclusive club
Based on its post-market trading, Microsoft has become the world’s second $4 trillion company following quarterly earnings.
Arm shares dip 8% on revenue miss
The company reported revenue that missed analysts’ expectations.
Qualcomm beats on earnings, highlights growth in Meta smartglasses
Qualcomm reported fiscal third-quarter earnings on Wednesday that beat Wall Street expectations and provided a stronger-than-expected guidance.
Meta’s Reality Labs posts $4.53 billion loss in second quarter
Meta’s Reality Labs posts $4.53 billion loss in second quarter
Robinhood reports second-quarter earnings beat with revenue climbing 45% over last year
Robinhood was excluded from the S&P 500 last month, a move that surprised some investors as rival fintech Block was added.
Superhot geothermal energy could unearth big power boost for the AI era
A Massachusetts startup uses a microwave beam to drill deep into the earth to find superhot geothermal energy, 10 times the power of traditional geothermal.
At 10 years old, Ethereum’s future is brighter than ever despite recent setbacks
It’s been a decade since Ethereum’s inception, and although its native ether token has largely struggled for the last half of it, its future looks brighter than ever.
iPhone maker Foxconn joins $1 trillion AI data center market with new alliance
Foxconn said it will take a 10% stake in TECO as part of a share swap and will focus on building data centers around the world, including the U.S.
Palo Alto Networks to acquire CyberArk in $25 billion deal
Palo Alto Networks will takeover Israeli cybersecurity provider CyberArk in a deal valued at $25 billion.
Robinhood’s 175% rally this year is best among U.S. tech stocks
Robinhood heads into earnings with its stock price on a rally that’s lifted the company’s market cap to $91 billion.