Breaking News: Technology
CATL likely to offer less than 10% discount for $5 billion Hong Kong listing: Reuters
CATL booth is seen during the 21st Shanghai International Automobile Industry Exhibition (Auto Shanghai 2025) at the National Exhibition and Convention Center (Shanghai) on April 26, 2025 in Shanghai, China. Vcg | Visual China Group | Getty Images Prospective investors in Chinese battery giant CATL’s Hong Kong listing to raise about $5 billion have been told […]
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Uber CEO says changing employee benefits ‘is a risk we decided to take’
Uber CEO, Dara Khosrowshahi speaks during the “Intentional Equity in Sustainability” conversation at the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week in San Francisco, California, on November 15, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Uber CEO Dara Khosrowshahi last week told employees “it is what it is” at a heated all-hands meeting after the […]
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58 crypto wallets have made millions on Trump’s meme coin. 764,000 have lost money, data shows
About 764,000 wallets that purchased President Donald Trump’s $TRUMP meme coin have lost money on the investment, according to fresh data shared with CNBC by blockchain analytics firm Chainalysis. Most of the wallets that lost money held smaller amounts of the token, according to the firm’s on-chain analysis. Crypto wallets are accounts that store the […]
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EA issues strong bookings guidance as CEO touts ‘Battlefield’ reveal
Visitors play the EA Sports FC 25 game in front of a placard with England’s midfielder Jude Bellingham at the Electronic Arts booth during the media day at the Gamescom video games trade fair in Cologne, western Germany, on Aug. 21, 2024. Ina Fassbender | AFP | Getty Images Electronic Arts shares rose more than […]
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AMD earnings beat as overall sales surge by 36%
Lisa Su, CEO of AMD, attends the Artificial Intelligence Action Summit at the Grand Palais in Paris, Feb. 10, 2025. Benoit Tessier | Reuters Advanced Micro Devices reported first fiscal quarter earnings on Tuesday that topped expectations, and provided a strong forecast for current quarter revenue. Shares of AMD rose in extended trading more than […]
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Super Micro issues weak guidance, cites ‘economic uncertainty and tariff impacts’
Charles Liang, CEO of Super Micro, speaks at the HumanX AI conference at in Las Vegas on March 10, 2025. Big Event Media | HumanX Conference | Getty Images Super Micro issued disappointing guidance on Tuesday, a week after the server maker provided preliminary results for the latest quarter that fell far shy of Wall […]
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Nvidia CEO says being locked out of China AI market would be ‘tremendous loss’
Nvidia CEO, Jensen Huang, speaks during an interview on CNBC’s ‘Power Lunch’ on May 6, 2025. CNBC Nvidia CEO Jensen Huang said on Tuesday that China’s artificial intelligence market will likely reach about $50 billion in the next two to three years, and that missing out on it would be a “tremendous loss.” Huang said […]
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Amazon’s Zoox robotaxi unit issues software recall after recent Las Vegas crash
A Zoox autonomous robotaxi in San Francisco, California, US, on Wednesday, Dec. 4, 2024. David Paul Morris | Bloomberg | Getty Images Amazon‘s Zoox issued a software recall for 270 of its robotaxis after a crash in Las Vegas last month, the company said Tuesday. The recall surrounds a defect with the vehicle’s automated driving […]
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Taiwan dollar eases after historic surge as officials deny currency talks with U.S.
Workers at a wet market count and return New Taiwan Dollar notes to customers, as Taiwan is expected to show positive GDP and economic growth, amid the covid-19 pandemic, in Taipei, Taiwan, 15 Aug 2021. Ceng Shou Yi | NurPhoto | Getty Images Taiwanese dollar pulled back Tuesday after a historic surge that saw it […]
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Palantir falls 12% as analysts raise international growth concerns
Palantir co-founder and CEO Alex Karp speaks during the Hill & Valley Forum at the US Capitol Visitor Center Auditorium in Washington, DC, on April 30, 2025. Brendan Smialowski | Afp | Getty Images Palantir shares dropped more than 10% Tuesday even after the data analytics and artificial intelligence software company showed ongoing revenue growth […]
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