Tag Archives: CNBC

India overtakes China in smartphone exports to the U.S. as manufacturing jumps 240%, report shows

Smartphones assembled in India accounted for 44% of U.S. imports in the second quarter, a significant increase from just 13% in the same period last year.

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Waymo plans to bring its robotaxi service to Dallas in 2026

Waymo is partnering with rental car company Avis for robotaxi fleet management in Dallas.

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Ray-Ban Meta smart glasses revenue tripled over the year, EssilorLuxottica says

Revenue from sales of Ray-Ban Meta smart glasses more than tripled during the first half of the year, EssilorLuxottica said in its latest earnings report.

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MicroStrategy copycats are getting out of control as Canadian vape company joins fray

The crypto market’s bullishness may be tipping into speculative frenzy, if the latest MicroStrategy-style copycat is any indication.

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Trump Organization says Amazon, Walmart, eBay sellers are hawking knockoff shirts, hats, mugs

The Trump Organization said several unnamed businesses sold counterfeit coffee mugs, hats and other goods bearing its trademarks.

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Firefly Aerospace sets IPO range that would value rocket maker at $5.5 billion

Firefly Aerospace has said it expects to price shares in its upcoming IPO $35 to $39 a piece, a deal that would value the rocket maker at about $5.5 billion.

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Figma raises IPO range to $30-$32 per share, in deal that could value company at nearly $19 billion

The new valuation is still below what Adobe offered to pay to buy Figma in 2022.

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Huawei reclaims No. 1 smartphone spot in China — and Apple returns to growth

Apple shipped 10.1 million smartphones in the quarter in China, up 4% year on year, Canalys data showed.

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Alibaba to launch AI-powered glasses creating a Chinese rival to Meta

Alibaba’s Quark AI Glasses will be powered by Alibaba’s Qwen large language model and its advanced AI assistant called Quark.

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Samsung Electronics signs $16.5 billion chip-supply contract; shares rise

Samsung Electronics shares opened 3.5% higher after the company disclosed a $16.5 billion contract to supply semiconductors to a major global corporation.

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