Tag Archives: CNBC

Reddit shares rise 7%, hit record as Raymond James raises price target

Reddit shares rose over 7% to a record high Tuesday after Raymond James analysts raised their price target and reiterated their “strong buy” rating.

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Oracle shares jump 6% on involvement in AI infrastructure initiative that Trump will announce

Oracle will be involved in a joint venture for artificial intelligence infrastructure in the U.S. that President Trump will announce.

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Trump meme coin gives greenlight for crypto industry to return to days of new tokens and NFT bubble

President Trump’s return the White House is expected to usher in a golden, if chaotic, age of crypto in the U.S., according to Bernstein analysts.

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Nvidia passes Apple again to become world’s most valuable company

Nvidia passed Apple in market value on Tuesday, once again becoming the most valuable publicly traded company in the world.

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Why U.S. tech companies struggle to replicate China’s WeChat ‘super app’ model

While ‘super apps’ have flourished in Asia, their adoption in Western markets has been slower. But more tech companies seek to bring the same model to the U.S.

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Bitcoin slips, Trump token plunges over 20% as bullish crypto sentiment cools

Bitcoin and other cryptocurrencies sank Tuesday as bullish investor sentiment surrounding cryptocurrencies cooled after President Donald Trump’s inauguration.

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Tesla brand value shed $15 billion in 2024 with aging lineup, Musk at helm, researchers found

The value of Tesla’s brand dropped for a second straight year, according to research and consulting firm Brand Finance.

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Trump’s crypto-frenzied inauguration weekend makes first family billions of dollars richer

Donald Trump launched a meme coin Friday night, while many of his backers were partying at the Crypto Ball in Washington, D.C.

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Bitcoin jumps to new record above $109,000 as traders cheer Trump inauguration, meme coins

Bitcoin jumped above $109,000 as traders eagerly awaited the inauguration of incoming President Donald Trump and cheered his weekend meme coin launch.

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TSMC is confident its CHIPS Act funding will continue under Trump, says CFO Wendell Huang

TSMC is confident it will continue to receive CHIPS Act funding in the U.S. under the incoming Donald Trump administration, says its Chief Financial Officer. 

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