Breaking News: Technology
What’s next for Apple stock after big iPhone sales everywhere, even China
Apple on Thursday evening reported a blowout holiday quarter, driven by a 23% increase in iPhone sales. A strong revenue guide for the current March quarter suggests this strong device cycle will continue. Revenue in Apple’s fiscal 2026 first quarter, which ended back on Dec. 27, rose 16% year over year to $143.76 billion, exceeding […]
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Elon Musk’s $20 billion spending plan signals ‘Tesla of yesterday is gone’
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters At Tesla’s factory in Fremont, California, the automaker plans to make robots instead of its older cars, as it gears up to spend $20 billion this […]
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Microsoft lost $357 billion in market cap as stock plunged most since 2020
Microsoft CEO Satya Nadella gestures as he speaks during the World Economic Forum meeting in Davos, Switzerland, on Jan. 20, 2026. Fabrice Coffrini | Afp | Getty Images Microsoft shares slid about 10% on Thursday following an earnings report that disappointed some investors, prompting the stock’s sharpest daily decline since March 2020. The move trimmed […]
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Amazon could invest up to $50 billion in OpenAI in coming weeks, source says
Andy Jassy, CEO of Amazon, speaking with CNBC at the World Economic Forum in Davos, Switzerland on Jan. 20th, 2026. CNBC Amazon is in talks to invest up to $50 billion in OpenAI, CNBC confirmed on Thursday, in a significant vote of confidence from the e-commerce giant after it invested in one of the startup’s […]
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York Space starts trading at $38 per share as CEO touts ‘Golden Dome’ potential
York Space Systems began trading as a public company on Thursday, with founder and CEO Dirk Wallinger touting the company’s potential to be a key contributor to President Trump’s ‘Golden Dome’ project. The Denver-based space company opened on the New York Stock Exchange at $38, up 11.7% from its $34 offering price. It was valued […]
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How CEOs bringing AI agents to work are preparing customers and employees
Shinsei Motions | Istock | Getty Images Companies are investing heavily in AI-powered agents, pointing towards a future where customers’ first lines of communication when seeking an answer or wanting to buy something may be a chatbot. In October, Walmart announced a deal with OpenAI that will enable shoppers to both find and buy items […]
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Tesla sold $430 million worth of its Megapack backup batteries to Musk’s xAI in 2025
Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty Images Tesla sold $430 million worth of its giant backup batteries called Megapacks to xAI, Elon Musk’s artificial intelligence startup, in 2025, according to a filing on Thursday. […]
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Apple acquires Israeli startup Q.ai
Apple CEO Tim Cook joins Apple employees at the Apple store as customers line up for the release of Apple new iPhone 17 models in New York on Sept. 19, 2025. Angela Weiss | AFP | Getty Images Apple has acquired Israeli artificial intelligence startup Q.ai, a company representative confirmed on Thursday. No purchase price […]
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Apple set to report earnings: iPhone growth, AI, memory costs will be in focus in first quarter
Apple CEO Tim Cook gestures as he departs after a business leaders reception with the US President on the sidelines of the World Economic Forum (WEF) annual meeting in Davos on January 21, 2026. Fabrice Coffrini | Afp | Getty Images Apple is set to report fiscal first-quarter earnings on Thursday after the bell. Here’s […]
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Meta and Microsoft are making big moves in opposite directions after earnings
It’s a tale of two different megacaps so far this earnings season when it comes to artificial intelligence. Meta Platforms surged after showing signs that investments in AI is boosting the bottom line, while Microsoft shares dropped as the company struggled to justify recent spending plans to investors and showed a slowdown in its cloud […]
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