Tag Archives: CNBC

Tesla stock slips after report EV maker is halting Cybertruck and Model Y production

Tesla is tentatively launching the robotaxi in Austin on June 22, using Model Y vehicles equipped with a new version of its “Full Self-Driving” technology.

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Reddit stock jumps after company rolls out new AI advertising tools

Reddit shares rallied after the company announced new AI advertising tools to help brands improve engagement.

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Spotify’s Daniel Ek leads $694 million investment in defense startup Helsing

Defense tech has become a hot area for investors lately amid major global conflicts.

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Pain management startup Sword Health expands into mental health, raises $40 million

Sword Health is pulling in additional capital as it expands into mental health care with a new artificial intelligence tool.

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Trump’s $499 smartphone will likely be made in China

The Trump Organization’s newly-announced T1 smartphone will likely be made in China, experts said, despite claims the device will be manufactured in the U.S.

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Tencent bets its China WeChat and gaming expertise will help it win cloud business in Europe

Tencent has spent years becoming a gaming and social media giant in China and in the process building up its cloud computing capabilties.

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Amazon extends Prime Day to four days, starting July 8

Amazon is extending its annual Prime Day discount event across four days for the first time.

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SK Hynix shares extend gains to over 2-decade highs as parent group reportedly plans AI data center

SK Hynix shares jumped to an over 2-decade high as the chip maker continues to benefit from AI data center demand.

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OpenAI wins $200 million U.S. defense contract

Months after announcing a partnership with defense-tech startup Anduril, OpenAI has secured a $200 million contract with the Department of Defense.

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Google issues apology, incident report for hours-long cloud outage

The company said the major outage was caused by multiple layers of flawed recent updates.

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