Technology
CNBC Daily Open: Recent gains in markets are likely just short-term optimism
Traders work on the floor of the New York Stock Exchange on June 3, 2025. NYSE Over the past week, Washington and Beijing have been trading barbs about violating their preliminary trade deal. Aside from that, higher steel and aluminum tariffs announced by U.S. President Donald Trump will kick in Wednesday. Amid all the trade […]
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Trump’s Truth Social takes step toward launching bitcoin ETF with NYSE Arca filing
Anna Barclay | Getty Images President Donald Trump’s Truth Social platform moved a step closer to having a bitcoin exchange-traded fund available to everyday investors. NYSE Arca, the all-electronic arm of the New York Stock Exchange that handles most ETF trading, filed on Tuesday to list a bitcoin fund linked to the president’s media company, […]
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This 22-year-old startup founder got his college to pay him $200,000: ‘Sometimes, you just have to ask’
Emil Barr, 22, graduated from Miami University in May 2024. Courtesy of Emil Barr It’s no secret that college in the United States is expensive — about 43 million people live with student debt and the outstanding federal student loan balance stands at about $1.8 trillion, according to the Education Data Initiative. But startup founder […]
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CrowdStrike shares drop on weak revenue guidance
George Kurtz, chief executive officer of Crowdstrike Inc., speaks during the Montgomery Summit in Santa Monica, California, U.S., on Wednesday, March 4, 2020. Patrick T. Fallon | Bloomberg | Getty Images CrowdStrike shares fell about 5% in extended trading on Tuesday after the security software maker issued a weaker-than-expected revenue forecast. Here’s how the company […]
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Nvidia tops Microsoft, regains most valuable company title for first time since January
Nvidia CEO Jensen Huang speaks as he visits Lawrence Berkeley National Lab to announce a U.S. supercomputer to be powered by Nvidia’s forthcoming Vera Rubin chips, in Berkeley, California, U.S., May 29, 2025. Manuel Orbegozo | Reuters Nvidia passed Microsoft in market cap on Tuesday, once again becoming the most valuable publicly traded company in […]
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Trump’s USD1 stablecoin is off to a rocky start, data shows
WASHINGTON DC, UNITED STATES – MAY 30: United States President Donald Trump departs at the White House to U.S. Steel’s Irvin Works in West Mifflin, Pennsylvania in Washington D.C May 30, 2025. Celal Gunes | Anadolu | Getty Images President Donald Trump’s new dollar-pegged stablecoin is off to a sluggish start, with muted inflows and […]
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$TRUMP crypto wallet launches for meme token. Eric Trump denies knowing about it
Jonathan Raa | Nurphoto | Getty Images Magic Eden, best known as a non-fungible token marketplace, says it’s quietly partnered with the team behind President Donald Trump’s meme token to launch an official $TRUMP-branded cryptocurrency wallet. Dubbed the $TRUMP Wallet, the product will feature the president’s name and likeness, support trading of $TRUMP and other […]
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Donald Trump Jr. distances himself from $TRUMP meme coin: ‘I wasn’t involved’
Donald Trump Jr. is distancing himself from his father’s meme coin — while defending the family’s broader foray into crypto as a response to being frozen out of the traditional banking system. “I wasn’t involved in the meme coin,” Trump Jr. said in an interview on CNBC’s “Squawk Box.” “I’m more focused on the stablecoin, […]
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Musk torches Trump budget bill: ‘Disgusting abomination’
Elon Musk speaks during a press event with U.S. President Donald Trump (not pictured), at the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Elon Musk on Tuesday tore into the massive tax-and-spending-cut bill backed by President Donald Trump, calling it a “disgusting abomination” that will explode federal budget deficits. […]
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Tesla’s planned robotaxi launch in tech-friendly Austin has Musk playing catch-up in his hometown
The Texas flag flies outside TDECU Stadium in Houston, Oct. 21, 2023. Tim Warner | Getty Images Sport | Getty Images Tesla’s long-awaited entry into the robotaxi market — expected later this month — is coming to Austin, Texas, which has emerged as a key battleground for self-driving technology. CEO Elon Musk wrote in a […]
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