Apple Inc
Meta is absent from SF Pride this year, as tech industry retreats from public support of LGBTQ+
Parade goers hold Pride flags during the annual Pride Parade in San Francisco on Sunday, June 29, 2024. Minh Connors | San Francisco Chronicle | Hearst Newspapers | Getty Images Meta CEO Mark Zuckerberg is staying mum these days when it comes to the LGBTQ+ community. It wasn’t always that way. San Francisco Pride Executive […]
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Super Micro shares fall on planned $2 billion convertible debt offering
The Super Micro Computer headquarters in San Jose, California, on Dec. 3, 2024. David Paul Morris | Bloomberg | Getty Images Super Micro Computer shares fell about 6% on Monday after the server maker said it plans to offer $2 billion in convertible notes, maturing in 2030. A company’s stock often falls on the announcement […]
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New Stellantis CEO faces slew of challenges, vows to avoid ‘mediocrity’
Incoming Stellantis CEO Antonio Filosa, head of the company’s Americas operations, greets a Windsor Assembly Plant employee during an event celebrating Chrysler’s 100th anniversary on June 6, 2025. Stellantis DETROIT — “Mediocrity is not worth the trip.” That was part of incoming Stellantis CEO Antonio Filosa’s first public message after being named to lead the […]
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Meta tried to buy Ilya Sutskever’s $32 billion AI startup, but is now planning to hire its CEO
When Meta CEO Mark Zuckerberg poached Scale AI founder Alexandr Wang last week as part of a $14.3 billion investment in the artificial intelligence startup, he was apparently just getting started. Zuckerberg’s multibillion-dollar AI hiring spree has now turned to Daniel Gross, the CEO of Ilya Sutskever’s startup Safe Superintelligence, and former GitHub CEO Nat […]
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Google is using YouTube videos to train its AI video generator
Silhouettes of laptop and mobile device users are seen next to a screen projection of the YouTube logo. Dado Ruvic | Reuters Google is using its expansive library of YouTube videos to train its artificial intelligence models, including Gemini and the Veo 3 video and audio generator, CNBC has learned. The tech company is turning […]
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Apple looking to make ‘premium’ priced folding iPhones starting next year, analyst says
People look at iPhones at the Apple Fifth Avenue store in New York City, U.S., May 23, 2025. Adam Gray | Reuters Apple has plans to make a folding iPhone starting next year, reliable analyst Ming-Chi Kuo said on Wednesday. Kuo said that Apple’s folding phone could have a display made by Samsung Display, which […]
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Trump to extend TikTok deadline for third time, pushing decision out another 90 days
Muhammed Selim Korkutata | Anadolu | Getty Images For a third time since taking office in January, President Donald Trump plans to extend a deadline that would require China’s ByteDance to divest TikTok’s U.S. business. “President Trump will sign an additional Executive Order this week to keep TikTok up and running,” White House Press Secretary Karoline […]
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JPMorgan Chase unveils new Sapphire Reserve card perks and $795 annual fee
Key Points JPMorgan Chase is betting that a long list of new perks will keep affluent Americans hooked on its Sapphire Reserve card, despite a hefty bump in its annual fee. The bank on Tuesday unveiled an update to its premium credit card, which will now carry a $795 annual fee. The bank is touting […]
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Trump’s $499 smartphone will likely be made in China
US President Donald Trump uses a cellphone aboard Marine One before it departs Leesburg Executive Airport in Leesburg, Virginia, on April 24, 2025. Trump is returning to the White House after attending a MAGA, Inc. dinner at the Trump National Golf Club Washington, DC. Alex Wroblewski | AFP | Getty Images The Trump Organization’s newly-announced […]
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These companies have a track record of stock buybacks and are winners amid volatility, says Wolfe Research
As markets remain jittery amid still-shifting trade policy and geopolitical concerns, Wolfe Research is eyeing companies that steadily repurchase their own stock as a way to ride out the volatility. Wolfe’s consistent buyback basket screens for companies that have such a track record of stock repurchases that their share counts have fallen for at least […]
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