Technology
SoftBank rides the AI wave as OpenAI lifts Vision Fund to $19 billion gain
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 Japanese giant SoftBank on Tuesday posted a $19 billion gain on its Vision Fund in its fiscal second quarter ended Sept. 30. The broader Vision Fund segment factors in non-investment […]
Read More
Sony raises profit forecast after earnings beat, boosted by Music and Imaging divisions
The Sony Group Corp. logo displayed on a screen at the Combined Exhibition of Advanced Technologies (Ceatec) in Chiba, Japan, on Wednesday, Oct. 16, 2024. Bloomberg | Bloomberg | Getty Images Sony Group on Tuesday reported an increase in its second-quarter operating profit that beat expectations, while announcing a share buyback of up to 100 billion Japanese yen ($648 […]
Read More
Tesla investor support for Elon Musk’s massive pay plan was lower in 2025 than in 2018
Elon Musk, CEO of Tesla, speaks during the 2025 Annual Shareholder Meeting on Nov. 6, 2025. Courtesy: Tesla Tesla shareholders voted last week to give CEO Elon Musk a record pay package, one that could net him about $1 trillion in company stock over the next decade. But Musk received less support than he did for […]
Read More
CoreWeave’s revenue more than doubles as AI buildout expansion accelerates
Michael Intrator, co-founder and chief executive officer of CoreWeave, center, appears at the Nasdaq MarketSite in New York on March 28, 2025. CoreWeave raised $1.5 billion in its initial public offering, a downsized deal that reflects how stock market volatility is hurting demand for even highly anticipated listings. Michael Nagle | Bloomberg | Getty Images […]
Read More
Nvidia CEO’s ask of Taiwan Semi means more upside for this portfolio stock
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: The S & P 500 jumped nearly 1.5% on Monday, as House members were called back to Washington to vote on a Senate deal to […]
Read More
Waymo announces new CFO Steve Fieler
A Waymo autonomous self-driving Jaguar electric vehicle sits parked at an EVgo charging station in Los Angeles, California, on May 15, 2024. Patrick T. Fallon | AFP | Getty Images Waymo has tapped Google executive Steve Fieler as its new chief financial officer, the self-driving company announced on Monday. The new CFO comes as the […]
Read More
We’re making 3 trades — including buying this big tech stock for the first time in over 3 years
We’re making three trades on Monday. We’re selling 200 shares of Cisco Systems at roughly $71 each, leaving Jim Cramer’s Charitable Trust with 1,000 shares of CSCO and decreasing its weighting to about 2.1% from 2.28%. We’re buying 80 shares of Corning at roughly $87. After the trade, the Trust will own 520 shares of […]
Read More
The Trump administration wants to allow crypto-backed mortgages. Here’s why
It’s no secret that buying a home is expensive. The average sales price for U.S. homes has hovered around $400,000 since the end of 2021, according to the Federal Reserve Bank of St. Louis. Most homebuyers looking to cover that cost turn to mortgage lenders, who pore over financial details like salaries, bank balances and […]
Read More
Instacart tops third-quarter expectations under new CEO Rogers, gives strong guidance
The Instacart logo is seen on a smartphone and on a PC screen. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Instacart‘s stock rose 3% after the grocery delivery platform topped third-quarter earnings and issued upbeat guidance under new CEO Chris Rogers. Here’s how the company did versus LSEG estimates: Earnings per share: […]
Read More
As private tech market heats up, PitchBook makes startup data available via ChatGPT
Thomas Fuller | SOPA Images | Lightrocket | Getty Images The private tech market has never been hotter, with companies like OpenAI, SpaceX, Anthropic and Stripe climbing to astronomical valuations. PitchBook, one of the top providers of data on startups, wants to make it easier for users to quickly access information on those companies and […]
Read More