During a recent earnings presentation, SoftBank Founder Masayoshi Son (pictured here in 2019) said the company will go into “defense” mode as a result of myriad headwinds that have roiled global markets. Tomohiro Ohsumi | Getty Images Softbank’s Vision Fund filed suit against the founders of one of its portfolio companies on Monday, alleging that
Technology
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Andy Jassy on stage at the 2022 New York Times DealBook in New York City, November 30, 2022. Thos Robinson | Getty Images Amazon founder Jeff Bezos famously shunned Wall Street’s earnings obsession, claiming the customer was always more important. While his successor, Andy Jassy,
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Andy Jassy, CEO of Amazon, speaks at the ceremonial ribbon cutting prior to tomorrow’s opening night for the NHL’s newest hockey franchise the Seattle Kraken at the Climate Pledge Arena on October 22, 2021, in Seattle. Bruce Bennett | Getty Images Sport | Getty Images
In this article AMD Follow your favorite stocksCREATE FREE ACCOUNT Advanced Micro Devices needs India to keep up with the growing demand for its products, its executive vice president and chief technology officer told CNBC in an exclusive interview. “We have a global workforce. Our design efforts are global and doubling down on those investments,
In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT Qualcomm president and CEO Cristiano Amon speaks about Qualcomm’s technology for automakers at a news conference during CES 2022 in Las Vegas, Nevada, January 4, 2022. Steve Marcus | Reuters Qualcomm reported third-quarter earnings on Wednesday that beat Wall Street expectations, but revenue and guidance
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai speaks on-stage during the Google I/O keynote session at the Google Developers Conference in Mountain View, California, on May 10, 2023. Josh Edelson | AFP | Getty Images Google wants to “supercharge” its seven-year-old smart assistant using new advancements in generative
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Workers fulfill orders at an Amazon fulfillment center on Prime Day in Melville, New York, US, on Tuesday, July 11, 2023. Johnny Milano | Bloomberg | Getty Images For the millions of sellers who make up the booming Amazon marketplace, few things are as perpetually
CNBC/Kif Leswing SAN FRANCISCO —Elon Musk marked San Francisco as the spot for X Corp. over the weekend, erecting a giant glowing X sign on top of the headquarters of the company on Friday. On Monday, CNBC saw workers dismantling the glowing X, removing its lights and an arm of the letter, after the construction
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Sofia Pitt, CNBC Apple is preparing to unveil its next generation of devices this fall, and the high-end iPhone 15 models will reportedly feature some major changes. The company has used its proprietary Lightning charger for iPhones since 2012, but the iPhone 15 and iPhone
Reddit, home to cute cat pictures, investment advice, niche hobby discussions, celebrity interviews, edgy memes, wholesome memes and everything in between, has been facilitating discussions on the internet since 2005. The site has about 57 million daily active users who post and consume news, memes, questions and even stock tips that can roil markets. The company
Google CEO Sundar Pichai speaks onstage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters Shares of Alphabet’s stock jumped 10% this week after the company reported second quarter earnings that showed growth despite a tough ad market. Share price for the Google parent company reached
This illustration photo taken on July 24, 2023 shows the Twitter bird logo upside down in the background of Elon Musk’s screen advertising an “X” as a replacement logo, in Los Angeles. Chris Delmas | AFP | Getty Images X, formerly known as Twitter, has officially retired its famous blue and white bird logo. The
FTX Founder Sam Bankman-Fried arrives at Manhattan Federal Court for a court appearance in New York, United States on June 15, 2023. Fatih Aktas/ | Anadolu Agency | Getty Images Federal prosecutors asked a judge to revoke FTX founder Sam Bankman-Fried’s bail in a Manhattan court filing Friday, claiming that the billionaire had violated the
In this article MSFT META Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook arrives for an official State Dinner in honor of India’s Prime Minister Narendra Modi, at the White House in Washington, DC, on June 22, 2023. Stefani Reynolds | AFP | Getty Images The most powerful technology companies simply cannot stop
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Facebook CEO Mark Zuckerberg testifies before the U.S. House Financial Services Committee during An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors hearing on Capitol Hill in Washington on Oct. 23, 2019. Xinhua News Agency | Getty Images Facebook users
In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Intel reported
The market for vehicle and home batteries is expanding exponentially, but there’s another battery opportunity that’s just getting off the ground. Giant factories that produce textiles, food, chemicals and cement require massive amounts of energy. They can use power from wind and solar, but because those sources of energy are intermittent and not always nearby,
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022. David Paul Morris | Bloomberg | Getty Images Meta will report second-quarter earnings after market close on Wednesday. Here are the
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella listen to an audience member question during the company’s annual shareholder meeting in Bellevue, Wash., on November 30, 2016. Stephen Brashear | Getty Images News | Getty Images Microsoft shares were trading down as much as 3.9% on Wednesday, a day
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Sundar Pichai, CEO, Alphabet Inc., during the Google I/O developers conference in Mountain View, California, May 10, 2023. David Paul Morris | Bloomberg | Getty Images Alphabet will report second-quarter earnings after the close of regular trading on Tuesday. Here’s what Wall Street is expecting:
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