Enterprise
NXP Semi shares sink on tariff concerns, CEO Kurt Sievers to step down
Kurt Sievers, CEO of NXP Semiconductors, during the Federation of German Industries conference in Berlin, Germany, on June 19, 2023. Liesa Johannssen-Koppitz | Bloomberg | Getty Images NXP Semiconductors fell about 7% on Monday after the chip company announced CEO Kurt Sievers would step down and released first-quarter earnings for fiscal 2025. Sievers will retire […]
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Cloud software vendors Atlassian, Snowflake and Workday are betting on security startup Veza
From left, Veza founders Rob Whitcher, Tarun Thakur and Maohua Lu. Veza Tech giants like Google, Amazon, Microsoft and Nvidia have captured headlines in recent years for their massive investments in artificial intelligence startups like OpenAI and Anthropic. But when it comes to corporate investing by tech companies, cloud software vendors are getting aggressive as […]
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IBM pledges $150 billion to boost U.S. tech growth, computer manufacturing
Arvind Krishna, chief executive officer of International Business Machines Corp. (IBM), during a Bloomberg Television interview at the World Governments Summit in Dubai, United Arab Emirates, on Tuesday, Feb. 11, 2025. Christopher Pike | Bloomberg | Getty Images International Business Machines Corporation on Monday announced it will invest $150 billion in the U.S. over the […]
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Alphabet jumps 3% as search, advertising units show resilient growth
Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023. David Paul Morris | Bloomberg | Getty Images Alphabet‘s stock gained 3% Friday after signaling strong growth in its search and advertising businesses amid a competitive artificial intelligence environment and uncertain macro backdrop. “GOOGL’s pace of GenAI […]
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Alphabet expects ‘slight headwind’ to ads business this year, executives say
President Donald Trump’s trade policies will have a negative impact on Google parent Alphabet‘s core advertising business, an executive from the company said Thursday. Alphabet, which reported stronger-than-expected revenue in its first quarter of the year, faces an online ads market that’s on edge due to concerns about how Trump’s tariffs will affect the economy […]
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ServiceNow shares pop 15% on strong earnings, upbeat guidance
Bill McDermott, chairman and CEO of ServiceNow, speaks during an interview on the floor at the New York Stock Exchange on Oct. 26, 2023. Brendan Mcdermid | Reuters ServiceNow shares surged 15% on stronger-than-expected first-quarter results and an upbeat forecast despite the uncertain macroeconomic environment. The enterprise technology company posted adjusted earnings of $4.04 per […]
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IBM beats on earnings and revenue, maintains full-year guidance
IBM CEO Arvind Krishna speaks at the SXSW conference in Austin, Texas, on March 11, 2025. Andy Wenstrand | Sxsw Conference & Festivals | Getty Images IBM reported better-than-expected earnings and revenue for the first quarter on Wednesday. Here’s how the company performed: Earnings per share: $1.60 adjusted vs. $1.40 expected Revenue: $14.54 billion vs. […]
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Amazon has paused some data center lease commitments, Wells Fargo says
Amazon CEO Andy Jassy speaks at a company event in New York on Feb. 26, 2025. Amazon has rebooted Alexa with artificial intelligence, marking the biggest overhaul of the voice-activated assistant since its introduction over a decade ago. Michael Nagle/Bloomberg via Getty Images Michael Nagle | Bloomberg | Getty Images Amazon has delayed some commitments […]
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Musk says he’s looking to put ‘proper value’ on xAI during investor call, sources say
Tesla CEO Elon Musk attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | Reuters Elon Musk is looking to put “proper value” on his artificial intelligence startup xAI, sources told CNBC’s David Faber. The comments came during a call with xAI investors last week, sources familiar […]
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The biggest questions facing Big Tech ahead of earnings
Guests including Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk attend the inauguration of Donald J. Trump in the U.S. Capitol Rotunda in Washington, D.C., on Jan. 20, 2025. Trump takes office for his second term as the 47th president of the U.S. Julia Demaree Nikhinson | Getty Images As tech’s megacap […]
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