Breaking News: Technology
PayPal shares sink 17% after forecasting weak 2026 earnings; HP’s Enrique Lores named new CEO
Enrique Lores, CEO of Hewlett-Packard speaks on CNBC outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC PayPal issued a lackluster profit forecast for 2026 and reported fourth-quarter earnings below Wall Street expectations on Tuesday, while naming HP’s Enrique Lores as its president and CEO. Shares of the […]
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Disney shares are flat as CEO succession takes the spotlight. Here’s what’s happening
Walt Disney Company CEO Bob Iger looks on prior to the game between the Philadelphia Eagles and the Green Bay Packers at Lambeau Field on November 10, 2025 in Green Bay, Wisconsin. Michael Reaves | Getty Images Sport | Getty Images Disney shares inched higher in pre-market trading on Tuesday morning, as investors focus on […]
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Palantir surges 10% after beating earnings estimates. Here’s what’s happening
Palantir surged 10% in premarket trading on Tuesday after beating Wall Street’s fourth quarter estimates amid rising spending on AI tools from governments and businesses. The shares popped after it reported $1.41 billion in revenue, ahead of LSEG estimates of $1.33 billion. The earnings came after a muted end to 2025 — November was Palantir’s […]
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CNBC Daily Open: Asia markets and precious metals rebound amid Trump’s trade deal with India
India’s Prime Minister Narendra Modi hugs U.S. President Donald Trump as they give joint statements in the Rose Garden of the White House in Washington, June 26, 2017. Kevin Lamarque | Reuters Asia markets on Tuesday staged a staggering turnaround from the previous day. South Korea’s Kospi led gains in the region, soaring 6.7% as […]
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Pinterest CEO Bill Ready learned one key business lesson early — and it shaped the toughest call of his career
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Pinterest CEO Bill Ready reflects on the pivotal decisions behind his rise from small-town-Kentucky to Silicon Valley — and the bold move that reshaped the platform for a new generation. Source
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SoftBank subsidiary to work with Intel on next-gen memory for AI
Saimemory, a subsidiary of multinational investment giant SoftBank, has signed a collaboration agreement with American chipmaker Intel Corp. to advance the commercialization of next-generation memory technology, the companies announced Tuesday. The partnership focuses on next-generation memory technologies that can support the growing demands of artificial intelligence and high-performance computing. The effort is currently known as […]
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Musk’s xAI needs SpaceX deal for the money. Data centers in space are still a dream
Elon Musk, chief executive officer of Tesla Inc., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Bloomberg | Bloomberg | Getty Images Elon Musk said a primary reason for merging SpaceX with his artificial intelligence startup, xAI, is to more effectively build “orbital data centers.” […]
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CNBC Daily Open: India and U.S. strike a trade deal, and markets shrug off precious metals rout
U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House in Washington, D.C., U.S., Feb. 13, 2025. Kevin Lamarque | Reuters The world’s largest economy has struck a deal with the most populous nation. U.S. President Donald Trump announced Monday that America […]
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Waymo announces $16 billion funding round
A Waymo vehicle exits a charging lot on Jan. 15, 2026 in Austin, Texas. Brandon Bell | Getty Images Alphabet‘s self-driving car unit Waymo on Monday said it raised a $16 billion funding round that values the company at $126 billion “post-money.” The new funding is the latest move by Alphabet to fund Waymo’s continued […]
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Oracle’s credit default swaps are plummeting as financing plan boosts investor confidence
Oracle’s 5-year credit default swaps tumbled 17% after the software vendor’s plan to raise $50 billion in debt and equity bolstered investor confidence that the company will be able to avoid a credit downgrade as it funds its artificial intelligence buildout. “Equity financing significantly inhibits the downside for credit,” Andrew Keches, a credit analyst at […]
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