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.

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Arm shares dip 8% on revenue miss

The company reported revenue that missed analysts’ expectations.

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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.

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Meta’s Reality Labs posts $4.53 billion loss in second quarter

Meta’s Reality Labs posts $4.53 billion loss in second quarter

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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.

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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.

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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.

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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.

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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.

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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.

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