Tag Archives: CNBC

Klarna, StubHub delay IPOs as Trump’s tariffs roil markets

Klarna and StubHub are delaying plans to go public after President Donald Trump’s sweeping tariff announcement sent shockwaves through the U.S. markets.

Posted in Tech | Tagged | Comments Off on Klarna, StubHub delay IPOs as Trump’s tariffs roil markets

Technology stocks fall for a second session after Trump tariffs, led by Tesla and Nvidia

Technology stocks fell for a second day Friday as retaliatory tariffs from China fueled fears of a global trade war.

Posted in Tech | Tagged | Comments Off on Technology stocks fall for a second session after Trump tariffs, led by Tesla and Nvidia

Nintendo delays Switch 2 pre-orders because of Trump tariffs

Pre-orders of the new Nintendo console were supposed to start next week.

Posted in Tech | Tagged | Comments Off on Nintendo delays Switch 2 pre-orders because of Trump tariffs

Bitcoin rises slightly, holding at $83,000 as global trade war deepens stock market slide

Bitcoin held the $83,000 level as stocks continued to crater following their worst day since 2020.

Posted in Tech | Tagged | Comments Off on Bitcoin rises slightly, holding at $83,000 as global trade war deepens stock market slide

As Microsoft turns 50, Nadella sees future success built on ability to ‘win the new’

Microsoft is in a strong position 50 years into its existence, but regulations and competitive pressures in artificial intelligence challenge future growth.

Posted in Tech | Tagged | Comments Off on As Microsoft turns 50, Nadella sees future success built on ability to ‘win the new’

AI could affect 40% of jobs and widen inequality between nations, UN warns

Artificial intelligence is projected to reach $4.8 trillion in market value by 2033, but the technology’s benefits remain highly concentrated, UNCTAD says.

Posted in Tech | Tagged | Comments Off on AI could affect 40% of jobs and widen inequality between nations, UN warns

Fintech stocks such as Affirm, PayPal plunge on concern Trump tariffs will hurt consumer spending

Fintech and credit card stocks were hit particularly hard in the market rout that followed President Donald Trump’s tariff announcement.

Posted in Tech | Tagged | Comments Off on Fintech stocks such as Affirm, PayPal plunge on concern Trump tariffs will hurt consumer spending

Trump tariffs impact supply chains Apple developed to reduce its China dependency

Apple has warned that tariffs could hurt its business, prompt it to increase prices and potentially force it to stop offering certain products altogether.

Posted in Tech | Tagged | Comments Off on Trump tariffs impact supply chains Apple developed to reduce its China dependency

Nvidia positioned to weather Trump tariffs, chip demand ‘off the charts,’ says Altimeter’s Gerstner

Altimeter Capital CEO Brad Gerstner told CNBC that he remains bullish on Nvidia despite President Trump’s tariffs and their impact on the broader economy.

Posted in Tech | Tagged | Comments Off on Nvidia positioned to weather Trump tariffs, chip demand ‘off the charts,’ says Altimeter’s Gerstner

YouTube announces Shorts editing features amid potential TikTok ban

The new features should make it easier for creators to upload and edit videos for YouTube Shorts.

Posted in Tech | Tagged | Comments Off on YouTube announces Shorts editing features amid potential TikTok ban