Tag Archives: CNBC

Elon Musk’s Neuralink raises $650 million in fresh capital

Neuralink is building a brain-computer interface, or a BCI, which is a system that translates brain signals into commands for external technologies.

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Applied Digital shares rip 40% higher on CoreWeave AI lease agreement

Applied Digital said it expects $7 billion in total revenue over the approximately 15-year period.

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Amazon’s pricing controls may be anticompetitive, German regulator warns

Regulators alleged that Amazon’s price caps limit the visibility of merchants’ products and interfere with their freedom to set prices.

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Neuralink competitor Paradromics completes first human implant

The procedure took place at the University of Michigan with a patient who was already undergoing neurosurgery to treat epilepsy.

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China’s Leapmotor and Huawei-backed Aito report record high deliveries in May as competition heats up

Electric carmakers Leapmotor and Aito report record high deliveries in May, while other startups struggle to play catch-up as the price war intensifies.

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DoorDash CEO Tony Xu is taking on the role of industry consolidator in food delivery

DoorDash CEO Tony Xu has spent 12 years building his food delivery company from an upstart into a big acquirer.

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Saylor’s bitcoin buying strategy is ‘exploding’ globally, but Wall Street is skeptical

Michael Saylor applauds efforts by other companies to replicate his strategy of using cash to buy bitcoin.

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$TRUMP and other meme coins won’t be protected by SEC, Commissioner Hester Peirce says

SEC Commissioner Hester Peirce said investors shouldn’t expect protection when it comes to meme coins as the agency pulls back from aggressive enforcement.

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Stablecoins stole the show at Bitcoin 2025 — here’s what the major players said

Stablecoins stole the spotlight at Bitcoin 2025, as U.S. officials backed new legislation to enshrine digital dollars.

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Tesla shares set to wrap strong May as Elon Musk ends time with Trump’s DOGE

Musk’s work leading DOGE, President Donald Trump’s initiative to slash federal agencies and their resources, is coming to a formal end.

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