Technology
SK Hynix doubles 2025 profit as AI memory shortages drive earnings beat
Signage at the SK Hynix Inc. booth at the China International Import Expo (CIIE) in Shanghai, China, on Thursday, Nov. 6, 2025. The expo runs through Nov. 10. Photographer: Qilai Shen/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s SK Hynix on Wednesday posted record quarterly revenue and profit, boosted by surging […]
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CNBC’s The China Connection newsletter: China-made humanoid robots set sights on Middle East and U.S. markets
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Chinese humanoid robots are on the verge of coming to the U.S. — before Elon Musk is ready to sell his Optimus machines. During my […]
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Chip giant ASML posts record orders and upbeat 2026 guidance as AI boom continues
onathan Raa | Nurphoto | Getty Images ASML reported orders that smashed past expectations while 2026 sales guidance was also ahead of estimates as AI demand continues to support the Dutch chip giant’s business. Bookings, one of the most closely-watched metrics from investors, came in at 13.2 billion euros ($15.8 billion) in the fourth quarter […]
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Intel says it will match government’s ‘Trump Accounts’ contribution to kids of employees
The Intel logo is displayed on a sign in front of Intel headquarters on Jan. 22, 2026 in Santa Clara, California. Justin Sullivan | Getty Images Intel, which now counts the U.S. government as its largest shareholder, said on Tuesday that it will match the Trump administration’s $1,000 payout for children of eligible U.S. employees. […]
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AppLovin demands short-seller CapitalWatch retract ‘conspiratorial’ report
Jakub Porzycki | Nurphoto | Getty Images AppLovin sent a cease and desist letter to CaptialWatch Monday, claiming the short-seller’s report that the company “serves as a ‘digital laundromat’ for criminal syndicates” is defamatory and baseless. “Your respective ‘reports’ contain numerous absurd and demonstrably false statements of purported fact about AppLovin,” the letter states, calling […]
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Read the memo: Amazon’s grocery boss details restructuring, says more ‘deliberate’ strategy needed
On Monday, Amazon’s chief merchant, John Farrell, announced in a LinkedIn post that he’s leaving the company to “explore new challenges.” Farrell oversaw buying for its Fresh division and joined Amazon in 2019 from British supermarket chain Tesco. Amazon is reshaping its grocery business as it continues its nearly two-decade effort to become a giant […]
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Anthropic closes latest funding round above $10 billion and could go higher, sources say
CEO and Co-Founder of Anthropic Dario Amodei speaks during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. Denis Balibouse | Reuters Anthropic has closed its latest funding round above the initial $10 billion target at a $350 billion valuation, CNBC confirmed on Tuesday. The round closed at a total […]
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Why investors shouldn’t cash out on Corning’s monster rally just yet
Corning stock may be skyrocketing on Tuesday, but Jim Cramer has a clear message for investors tempted to take profits: The rally isn’t over yet. Shares surged more than 16% after CNBC reported that Corning inked a new partnership with fellow Club holding Meta Platforms . The Facebook parent said it will pay Corning up […]
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Space firm Redwire stock rockets 28% after joining $151 billion contract for Trump’s ‘Golden Dome’
Pete Cannito, Redwire Corporation at the New York Stock Exchange, September 8, 2021. Source: NYSE Some projections estimate the project could cost more than $500 billion over two decades. During his second term in office, Trump has focused on rebuilding and modernizing the U.S. military and defense manufacturing. This month, the president called for a […]
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TikTok agrees to settle as social media addiction trial involving Meta, YouTube moves forward
Thomas Fuller | Lightrocket | Getty Images TikTok has agreed to settle with a plaintiff and will no longer be part of a high-profile social media trial kicking off on Tuesday. An attorney for the plaintiff said the trial, held in Los Angeles Superior Court, will proceed as scheduled against Meta and Alphabet’s YouTube. The […]
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