Breaking News: Technology
Global investors battle between long- and short-term wins amid Nvidia volatility
Global investors are bracing for a battle between long and short-term wins amid a dramatic sell-off in artificial intelligence-related stocks. AI darling Nvidia buoyed an otherwise deflated market when it reported strong earnings after the bell on Wednesday, sending its own stock soaring and carrying related names alongside it. However, the rally quickly reversed on Thursday with Nvidia ultimately […]
Read More
Foxconn highlights growing AI ambitions at ‘Tech Day’ as it grows beyond iPhone assembler identity
The entrance to a Foxconn construction site in Mount Pleasant, Wisconsin, in May 2019. Katie Tarasov | CNBC Foxconn showcased its push into artificial intelligence at its annual ‘Hon Hai Tech Day’ in Taiwan on Friday, underscoring the world’s largest contract manufacturer’s efforts to evolve beyond its role as the biggest assembler of Apple’s iPhones. […]
Read More
SoftBank sinks over 10% as Nvidia-fueled rout sweeps Asian chip names
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty Images A sector-wide pullback hit Asian chip stocks Friday, led by a steep decline in SoftBank, after Nvidia‘s sharp drop overnight defied its stronger-than-expected earnings and bullish outlook. SoftBank plunged more […]
Read More
Is Jack Ma back? Inside the rise, fall and return of China’s tech mogul
Alibaba co-founder Jack Ma is widely regarded as one of China’s most prominent business figures, but his journey hasn’t been without setbacks. Jack Ma is regarded as one of China’s most prominent business figures. His rise from a modest background to co-founding one of China’s earliest e-commerce companies brought both Alibaba and Ma global recognition. The journey has not been without setbacks, however. Ma’s sudden retreat from public view […]
Read More
Feds charge 4 in plot to export restricted Nvidia chips to China, Hong Kong
Four men have been indicted on federal criminal charges related to a plot to export Nvidia chips worth millions of dollars to China and Hong Kong in violation of tight U.S. restrictions, court documents show. One of the defendants, Brian Curtis Raymond, a 46-year-old resident of Huntsville, Alabama, was identified last week as the chief […]
Read More
Joby lawsuit accuses air taxi rival Archer of using stolen information to ‘one-up’ deal
An electric air taxi by Joby Aviation flies near the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023. Roselle Chen | Reuters Air taxi maker Joby Aviation in a new lawsuit accused competitor Archer Aviation of using stolen information by a former employee to “one-up” a partnership deal with a real […]
Read More
Jobs data muddies the picture for a December rate cut, while the Nvidia rally fizzles
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets : There was an ugly reversal in the market Thursday. Stocks soared for most of the morning in reaction to Nvidia ‘s strong quarter, bullish […]
Read More
2 underappreciated areas are powering CrowdStrike’s next growth wave and its stock
CrowdStrike is setting the standard for modern cybersecurity and enjoying a well-deserved, incredible year for its stock. It’s a leader in a competitive industry, with rivals, such as fellow Club name Palo Alto Networks , all vying for companies’ ever-expanding cyber budgets. Despite strong earnings Wednesday evening, Palo Alto shares dropped sharply in Thursday’s big […]
Read More
Why Eaton’s CFO change isn’t a red flag — plus, Palo Alto’s buzzy new deal
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. The S & P 500 jumped 1.1% Thursday as the AI trade was back in full force following Nvidia ‘s blowout quarterly earnings. Shares of the chipmaker were up […]
Read More
Google launches Nano Banana Pro, an updated AI image generator powered by Gemini 3
Sopa Images | Lightrocket | Getty Images Google on Thursday rolled out Nano Banana Pro, its latest image editing and generation tool, continuing the company’s momentum after launching its new Gemini artificial intelligence model earlier this week. The product is built on Gemini 3 Pro, which was announced on Tuesday and contributed to record-breaking stock […]
Read More