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S&P 500 futures tick higher as Alphabet shares jump on earnings beat: Live updates
Traders work on the floor at the New York Stock Exchange on Sept. 19, 2024. Brendan McDermid | Reuters S&P 500 futures rose on Tuesday night, as traders prepared for additional reports from major tech companies and looked ahead to a key reading on the economy’s growth. Futures tied to the broad market index added […]
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AI boom thrusts Europe between power-hungry data centers and environmental goals
A large hallway with supercomputers inside a server room data center. Luza Studios | E+ | Getty Images The boom in artificial intelligence is ushering in an environmentally conscious shift in how data centers operate, as European developers face pressure to lower the water temperatures of their energy-hungry facilities to accommodate the higher-powered chips of […]
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Washington Post owner Jeff Bezos says in op-ed: ‘Americans don’t trust the news media’
Amazon founder Jeff Bezos arrives for his meeting with British Prime Minister Boris Johnson at the UK diplomatic residence in New York City, Sept. 20, 2021. Michael M. Santiago | Getty Images News | Getty Images Washington Post owner Jeff Bezos in an op-ed published Monday evening defended the newspaper’s recent controversial decision not to […]
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Washington Post loses a reported 200K digital subscriptions, 3 editorial board members over endorsement veto
The Washington Post Building at One Franklin Square Building on June 5, 2024 in Washington, DC. Andrew Harnik | Getty Images The Washington Post reportedly has lost more than 200,000 digital subscriptions, and three members of its editorial board have stepped down on the heels of its decision not to endorse a candidate in the […]
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Trump accuses Taiwan of stealing U.S. chip business. Here’s what the election could bring
Former president Donald Trump reiterated his frustration with Taiwan over the weekend when he appeared on the Joe Rogan Experience podcast and accused the country of stealing America’s chip industry. Trump criticized the U.S. CHIPS Act and said he would implement tariffs on chips from Taiwan if elected president. Such tariffs would impact the global […]
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Microsoft calls out Google for running ‘shadow campaigns’ in Europe to influence regulators
Google CEO Sundar Pichai and Microsoft CEO Satya Nadella Udit Kulshrestha and David Paul Morris | Bloomberg | Getty Images Microsoft took the unusual step on Monday of publicly criticizing longtime rival Google for running “shadow campaigns” in Europe designed to discredit the software giant with regulators. Microsoft lawyer Rima Alaily wrote in a blog […]
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Why this ‘Magnificent 7’ stock is still a buy even though it’s behind on AI
Amazon may be lagging behind its peers on the artificial intelligence front, but the name is still investor Ray Wang’s favorite among the ” Magnificent Seven ” cohort of megacap tech titans. As a catalyst, the principal analyst and founder of Constellation Research pointed to Amazon’s advertising revenue, which he said is still growing at […]
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Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
AI Effect Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation Published Mon, Oct 28 20241:07 PM EDT Kate Rooney@Kr00ney WATCH LIVE Source
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Immersive entertainment company Cosm lands rights to broadcast NFL games
Cosm currently has two locations in Los Angeles and Dallas, Texas but plans but is planning on expanding to additional locations in the future. Courtesy: Cosm Cosm, the immersive technology company that broadcasts live sports events using what it calls “shared reality,” is partnering with the National Football League, the company announced Monday. As part […]
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CNBC Daily Open: Nasdaq hits all-time high even amid poor earnings growth
Traders work on the floor of the New York Stock Exchange (NYSE) on October 22, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they […]
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