Breaking News: Technology

Microsoft stops relying on Chinese engineers for Pentagon cloud support
Technology

Microsoft stops relying on Chinese engineers for Pentagon cloud support

Microsoft Chairman and Chief Executive Officer Satya Nadella (L) returns to the stage after a pre-recorded interview during the Microsoft Build conference opening keynote in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty Images Microsoft on Friday revised its practices to ensure that engineers in China no longer provide technical support […]

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Block shares soar 10% on entry into S&P 500
Finance

Block shares soar 10% on entry into S&P 500

Key Points Block is joining the S&P 500, replacing Hess as of July 23. Hess is exiting the index upon its acquisition by Chevron. Source

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The investor behind Opendoor’s 190% run nearly shut down his fund
Technology

The investor behind Opendoor’s 190% run nearly shut down his fund

On June 6, online real estate service Opendoor was so desperate to get its beaten-down stock price back over $1 and stay listed on the Nasdaq that management proposed a reverse split, potentially lifting the price of each share by as much as 50 times. The stock inched its way up over the next five […]

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Meta says it won’t sign Europe AI agreement, calling it an overreach that will stunt growth
World

Meta says it won’t sign Europe AI agreement, calling it an overreach that will stunt growth

Jakub Porzycki | Nurphoto | Getty Images Meta Platforms declined to sign the European Union’s artificial intelligence code of practice because it is an overreach that will “stunt” companies, according to global affairs chief Joel Kaplan. “Europe is heading down the wrong path on AI,” Kaplan wrote in a post on LinkedIn Friday. “This code […]

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Investing in Space: The market’s taking off
World

Investing in Space: The market’s taking off

Digital generated image of a futuristic financial dashboard with holographic displays of various stock market graphs and data visualizations. The scene includes detailed graphs with line and bar charts, real-time data feeds, and transparent screens, indicating a high-tech, data-driven environment suitable for financial analysis and trading. Eugene Mymrin | Moment | Getty Images CNBC’s Investing […]

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Israel’s stock market outperforms Middle East counterparts despite multi-front wars
World

Israel’s stock market outperforms Middle East counterparts despite multi-front wars

A missile is intercepted over Tel Aviv on June 20, 2025, after a Iran fired a fresh salvo of missiles. John Wessels | Afp | Getty Images Israel’s stock market is at a record high and has seen the greatest gains of any country in the Middle East over the 22 months of war that […]

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Nvidia CEO: If I were a 20-year-old again today, this is the field I would focus on in college
World

Nvidia CEO: If I were a 20-year-old again today, this is the field I would focus on in college

Co-founder and CEO of Nvidia Jensen Huang spoke to journalists during a trip to Beijing in July. Picture Alliance | Picture Alliance | Getty Images If Nvidia CEO Jensen Huang were a student today, he says he’d focus on the physical sciences. During a trip to Beijing on Wednesday, Huang was asked by a journalist: […]

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House passes crypto industry-backed market structure bill
Politics

House passes crypto industry-backed market structure bill

The US Capitol is seen in Washington, DC, on July 16, 2025. Alex Wroblewski | AFP | Getty Images The U.S. House of Representatives passed a bill on Thursday that would develop a regulatory framework for cryptocurrencies and expand the Commodity Futures Trading Commission’s oversight of the industry. The move is a major win for […]

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Amazon cuts some jobs in cloud computing unit as layoffs continue
Technology

Amazon cuts some jobs in cloud computing unit as layoffs continue

Attendees walk through an exposition hall at AWS re:Invent, a conference hosted by Amazon Web Services, in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images Amazon is laying off some staffers in its cloud computing division, the company confirmed on Thursday. “After a thorough review of our organization, our priorities, and what […]

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Taiwan Semi is speeding up U.S. chip production due to demand, CEO says
Technology

Taiwan Semi is speeding up U.S. chip production due to demand, CEO says

Signage for Taiwan Semiconductor Manufacturing Company (TSMC) at it’s fabrication plant in Phoenix, Arizona, US, on Monday, March 3, 2025.  Rebecca Noble | Bloomberg | Getty Images Taiwan Semiconductor Manufacturing Company CEO C.C. Wei on Thursday said the company is seeing “strong interest” from its leading U.S. customers and is working to speed up its […]

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