Even profitable Big Tech names have been unable to escape the relentless selling on Wall Street.
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Every ‘FAANG’ stock is now in a bear market as Apple shares topple in rolling sell-off
Technology
First rare earths and chips, now quantum computers: Trump reportedly eyes new U.S. stakes
Parts of the IBM Quantum System Two are displayed at IBM Thomas J. Watson Research Center in Yorktown Heights, New York on June 6, 2025. Angela Weiss | Afp | Getty Images The Trump administration is in talks with several quantum-computing firms about giving the Commerce Department equity stakes in exchange for federal funding, the […]
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Technology
CNBC Daily Open: Tesla’s revenue rose — but so did its operating costs
Consumers with the Tesla Model Y L electric vehicle in Tesla stores in Shanghai, China on October 19, 2025. CFOTO | Future Publishing | Getty Images There are generally two ways for a company to increase its profit: increasing sales or cutting costs. Preferably both at the same time — because a rise in revenue […]
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Technology
Elon Musk said Tesla’s robot will be ‘incredible surgeon,’ left Wall Street with no guidance on EVs
Elon Musk listens as reporters ask U.S. President Donald Trump and South Africa President Cyril Ramaphosa questions during a press availability in the Oval Office at the White House on May 21, 2025 in Washington, DC. Chip Somodevilla | Getty Images There was a lot missing from Tesla’s third-quarter earnings call. CEO Elon Musk said […]
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