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CNBC Daily Open: The U.S. tech-sell off extends to its second day — but don’t let it ruin your summer
World

CNBC Daily Open: The U.S. tech-sell off extends to its second day — but don’t let it ruin your summer

Palantir Technologies signage on an options contract ticker as traders work on the floor of American Stock Exchange at the New York Stock Exchange in New York, U.S., on Friday, June 20, 2025. Michael Nagle | Bloomberg | Getty Images If you have any U.S. technology stocks in your portfolio (and let’s face it, who […]

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Sony raises PlayStation 5 prices in U.S. as tariffs start to hit
Technology

Sony raises PlayStation 5 prices in U.S. as tariffs start to hit

The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images PlayStation 5 game consoles will cost $50 more in the U.S. starting this week, Sony announced on Wednesday. The price for an entry-level PlayStation 5 Digital Edition will increase from $450 to $500, and a PlayStation 5 with a disc […]

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Google announces its AI-powered Pixel 10 smartphone series
World

Google announces its AI-powered Pixel 10 smartphone series

Google announced its new series of Pixel smartphones, including the Google Pixel 10 Pro, which has new AI and durability features. Google on Wednesday debuted its latest line of Pixel smartphones that prominently feature the Gemini assistant as artificial intelligence increasingly becomes the battleground where device companies compete. The Alphabet company announced the Pixel 10 […]

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Palantir stock slumps 9%, falling for a fifth straight day from record
Technology

Palantir stock slumps 9%, falling for a fifth straight day from record

CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit on the campus of Carnegie Mellon University in Pittsburgh, Pennsylvania on July 15, 2025. Andrew Caballero-reynolds | Afp | Getty Images Palantir‘s stock slumped more than 9% on Tuesday, falling for a fifth straight day to continue its pullback from all-time highs. […]

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Apple just landed a key win for the global encryption fight
Technology

Apple just landed a key win for the global encryption fight

Key Points The U.S. government on Monday announced the U.K. would drop its demand for Apple to provide a “back door” to user data. The move represents a triumph for the iPhone maker and, more broadly, for end-to-end encryption. Tech companies say that building an encryption “back door” would not only undermine user privacy, but […]

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U.S. spy chief Gabbard says UK agreed to drop ‘back door’ mandate for Apple
World

U.S. spy chief Gabbard says UK agreed to drop ‘back door’ mandate for Apple

U.S. Director of National Intelligence Tulsi Gabbard said on Monday the UK had agreed to drop its mandate for iPhone maker Apple to provide a “back door”. Angela Weiss | AFP | Getty Images U.S. Director of National Intelligence Tulsi Gabbard said on Monday the U.K. had agreed to drop its mandate for iPhone maker Apple to provide a “back door” that would have enabled access to […]

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Not in the cards: Why some suspect stable trade may not follow Trump’s tariff deals
World

Not in the cards: Why some suspect stable trade may not follow Trump’s tariff deals

The White House has signed a number of notable trade deals in the months since President Donald Trump slapped sharply higher tariffs on imports in early April. But some on Wall Street are cautioning that turmoil surrounding relations between the U.S. and its major trading partners is far from over. “Our views have been at […]

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Samsung taking market share from Apple in U.S. as foldable phones gain momentum
World

Samsung taking market share from Apple in U.S. as foldable phones gain momentum

In 2014, Apple and Samsung were duking it out to rule the U.S. smartphone market. Samsung was selling devices with large screens, and iPhone fans were demanding a response. It took Apple some time, but the company finally released the iPhone 6, breaking with previous iterations and giving consumers a large-screen option. The iPhone won. […]

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Applied Materials shares sink 10% on light forecast amid macroeconomic uncertainties
Technology

Applied Materials shares sink 10% on light forecast amid macroeconomic uncertainties

The Applied Materials logo on Dec. 17, 2024. Nurphoto | Nurphoto | Getty Images Applied Materials shares sank more than 10% in extended trading Thursday as the semiconductor equipment company provided outlook for the current quarter that came in light. Here’s how Applied Materials did in its third-quarter earnings results versus LSEG consensus estimates: EPS: […]

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Warren Buffett’s Berkshire Hathaway reveals new stake in beleaguered insurer UnitedHealth
World

Warren Buffett’s Berkshire Hathaway reveals new stake in beleaguered insurer UnitedHealth

People watch as Berkshire Hathaway chairman Warren Buffett is seen on a screen speaking at the Berkshire Hathaway annual shareholders’ meeting in Omaha, Nebraska, on May 3, 2025. Brendan McDermid | Reuters Warren Buffett’s Berkshire Hathaway revealed a new stake in troubled insurer UnitedHealth last quarter, according to a regulatory filing, a surprising buy because of the company’s current […]

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