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Tag Archives: CNBC
HPE stock sinks 9% on revenue miss and weak server numbers
CFO Marie Myers said server revenue was hit by the timing of AI service shipments and lower-than-expected government spending.
Netflix to buy Warner Bros. Discovery, Ulta earnings, Meta’s rebound and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Elon Musk’s X fined $140 million by European Commission over ‘deceptive’ blue checkmark and lack of transparency
The social-media platform has been fined by the bloc after breaching transparency obligations under the Digital Services Act (DSA).
Nvidia partner Foxconn reports 26% revenue spike as AI boom continues
The Taiwanese company has increasingly moved into the AI infrastructure space in recent times
Meet Binance’s new co-CEO Yi He: The mysterious and omnipresent ‘life partner’ of CZ
Binance Holdings, the world’s largest cryptocurrency exchange, named a new co-CEO in a major shake-up after its former head, Changpeng Zhao, received a presidential pardon.
Global websites back online as Cloudflare issues a dashboard fix
Shares of the company were down 4.5% in premarket trading after global websites went down and Cloudflare said it was investigating.
Taiwan bans Chinese social media app RedNote for one year on fraud risks
It said that it will block access to the app, describing it as one that is “potentially becoming a high-risk area for online shopping fraud.”
‘China’s Nvidia’ Moore Threads surges over 400% on trading debut after $1.1 billion listing
Shares of Moore Threads soared by more than 400% on its debut in Shanghai following its $1.1 billion listing.
SoFi’s stock drops on $1.5 billion share sale announcement
SoFi said it’s selling $1.5 billion in stock after the company’s market cap almost doubled this year.
Apple announces departure of general counsel and policy chief
The two executives previously reported to Apple CEO Tim Cook and represent the latest sign that Apple’s senior leadership is seeing a slew of exits.