Alphabet Inc
Stocks making the biggest moves midday: Tesla, Palantir, Nvidia, Hims & Hers and more
Check out the companies making headlines in midday trading. Tesla — Elon Musk’s EV company saw shares sliding another 3.9%, bringing month-to-date losses to a whopping 23%. The sell-off came after Tesla’s China rival Zeekr said it is rolling out advanced driver assistance-system for free . Meanwhile, RBC Capital Markets lowered its price target on […]
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Google to acquire cloud security startup Wiz for $32 billion
Assaf Rappaport, Wiz, on Centre Stage during day one of Web Summit 2021 at the Altice Arena in Lisbon, Portugal. Harry Murphy | Sportsfile | Getty Images Google on Tuesday signed a “definitive agreement” to acquire Wiz, the New York-based cloud security startup, for $32 billion in an all-cash deal, according to releases. This is […]
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AI that can match humans at any task will be here in five to 10 years, Google DeepMind CEO says
Google DeepMind co-founder and Chief Executive Officer Demis Hassabis speaks during the Mobile World Congress, the telecom industry’s biggest annual gathering, in Barcelona, Spain, Feb. 26, 2024. Pau Barrena | Afp | Getty Images LONDON — Artificial intelligence that can match humans at any task is still some way off — but it’s only a […]
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Telcos race to transition from ‘dumb pipes’ to tech players with help from AI
Ryu Young-sang, CEO of South Korean telecoms giant SK Telecom, told CNBC that AI is helping telecoms firms improve efficiency in their networks. Manaure Quintero | Afp | Getty Images BARCELONA — Global telecommunications firms are talking up advances in key technologies like artificial intelligence as they look to transition away from being perceived as […]
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How the U.S. is losing ground to China in nuclear fusion, as AI power needs surge
China and the U.S. are in a race to create the first grid-scale nuclear fusion energy. After decades of U.S. leadership, China is catching up by spending twice as much and building projects at record speed. Often called the holy grail of clean energy, nuclear fusion creates four times more energy per kilogram of fuel […]
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Y Combinator startups are fastest growing, most profitable in fund history because of AI
Silicon Valley’s earliest stage companies are getting a major boost from artificial intelligence. Startup accelerator Y Combinator — known for backing Airbnb, Dropbox and Stripe — this week held its annual demo day in San Francisco, where founders pitched their startups to an auditorium of potential venture capital investors. Y Combinator CEO Garry Tan told […]
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Shares of DocuSign surge 14% on strong earnings, AI boost
Docusign rose more than 14% after reporting stronger-than-expected earnings after the bell Thursday. “We’ve really stabilized and I think started to turn the corner on the core business,” CEO Allan Thygesen said Friday on CNBC’s “Squawk Box.” “We’ve become much more efficient.” Here’s how the company performed in the fourth quarter FY2025 compared to LSEG […]
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Tech’s 3-week sell-off, led by Tesla, wipes out $2.7 trillion in value from megacaps
Less than two months ago, the tech industry’s top leaders flocked to Washington, D.C., for the presidential inauguration, part of an effort to strike a friendly tone with President Donald Trump after a contentious first go-round in the White House. Thus far, they’ve avoided any nasty social media posts from the president. But their treatment […]
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Crypto payments company MoonPay looks to compete with Stripe with Iron stablecoin acquisition
MoonPay co-founder and CEO Ivan Soto-Wright at the Bitcoin 2022 conference in Miami. MoonPay Crypto payments giant MoonPay is expanding its push into the enterprise market with the acquisition of Iron, an API-first stablecoin infrastructure startup. This marks MoonPay’s second significant acquisition in two months, underscoring its ambition to dominate the rapidly growing stablecoin payments […]
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