Tag Archives: CNBC

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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China calls out Trump for ‘abuse’ of semiconductor export controls

The U.S. has limited exports of some chips and chip technology to China as part of a national defense strategy dating back to the first Trump administration

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Zscaler jumps 8% on strong results fueled by AI growth

“The proliferation of AI in all aspects of business is increasing the need for our AI security,” said CEO Jay Chaudhry in a release.

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SEC drops Binance lawsuit, ending one of last remaining crypto enforcement actions

The SEC has formally dropped its lawsuit against Binance and founder Changpeng Zhao, ending one of the last crypto enforcement actions by the agency.

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Dell shares climb after company raises full-year profit outlook on AI demand

Dell Technologies reported fiscal first-quarter earnings that missed expectations, but offered a stronger-than-expected forecast for the current quarter.

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