Tag Archives: CNBC

Microsoft rallies in last 10 minutes of trading to avoid first eight-week losing streak since 2008

Microsoft faces competition in cloud computing from companies such as Google, which is looking to boost its security business with Wiz.

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StubHub files for IPO as companies start lining up to go public

StubHub has become the latest tech-related company to file its IPO prospectus with the SEC.

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Crypto super PACs pump cash into Florida as GOP faces risk of thinning House majority

The crypto industry is pouring money into two Florida House races that could have a big impact on the Republican Party’s ability to hold its slim majority.

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Elon Musk tells Tesla employees ‘hang onto your stock,’ urges vandals to ‘stop being psycho’

In an all-hands livestreamed meeting on Thursday night, Tesla CEO Elon Musk commented on some of protests and instances of vandalism the company has faced.

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Why startups and tech giants are racing to build a practical quantum computer

Amazon, IBM, Google, Intel and Microsoft are all working on quantum technology. Governments around the world have also invested over $55 billion in the tech.

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The Magnificent 7’s lousy year, by the numbers

It’s been a painful year so far for megacap technology giants and 2025 is only getting started.

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Elon Musk received court summons in SEC suit over failure to properly disclose Twitter stake

Elon Musk received a summons in connection with the SEC’s lawsuit over his alleged failure to properly disclose his Twitter stake before buying the company.

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Tesla owners are trading in their EVs at record levels, Edmunds says

Data from Edmunds shows that Tesla owners have been trading in their vehicles at record levels since CEO Elon Musk joined Trump’s White House.

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Micron shares jump on earnings beat, rosy guidance as data center revenue triples

Micron shares rose in extended trading Thursday after the company reported better-than-expected results and issued guidance that topped estimates.

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Abu Dhabi’s ADQ and American private equity firm ECP make $25 billion bet on powering U.S. data centers

The UAE has worked to strengthen ties with the U.S. on AI, and is seeking greater access to American technology in order to build its own infrastructure.

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