A picture shows logos of the big technology companies named GAFAM, for Google, Apple, Facebook, Amazon and Microsoft, in Mulhouse, France, on June 2, 2023. Sebastien Bozon | AFP | Getty Images Late last year, an artificial intelligence engineer at Amazon was wrapping up the work week and getting ready to spend time with some
Technology
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple’s CEO Tim Cook attends the China Development Forum in Beijing on March 24, 2024. Pedro Pardo | AFP | Getty Images Apple shares popped more than 6% Friday morning after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program. If the
In this article AAPL BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook and Warren Buffett Getty Images (L) | CNBC (R) Berkshire Hathaway‘s Warren Buffett was still using a flip phone as late as 2020, four years after his investment behemoth started amassing a huge stake in the company that makes iPhones. “I don’t
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT People are shopping at a Tesla store in Shanghai, China, on Feb. 17, 2024. Costfoto | Nurphoto | Getty Images News of electric car giant Tesla’s progress toward rolling out its advanced driver-assistance feature in China isn’t as groundbreaking as investors are treating it, according
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT People are shopping at a Tesla store in Shanghai, China, on Feb. 17, 2024. Costfoto | Nurphoto | Getty Images News of electric car giant Tesla’s progress toward rolling out its advanced driver-assistance feature in China isn’t as groundbreaking as investors are treating it, according
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook, right, and Deirdre O’Brien, senior vice president of retail, open the doors during the grand opening of Shanghai’s new Apple retail store, March 21, 2024. Strstr | Afp | Getty Images Apple reports earnings for the second fiscal quarter on Thursday
In this article UMGP Follow your favorite stocksCREATE FREE ACCOUNT Taylor Swift attends the 66th GRAMMY Awards at Crypto.com Arena on February 04, 2024 in Los Angeles, California. Neilson Barnard | Getty Images Universal Music Group, the record label for top music artists including Taylor Swift, struck a new licensing agreement with TikTok, putting an
In this article UNH Follow your favorite stocksCREATE FREE ACCOUNT Omar Marques | Lightrocket | Getty Images UnitedHealth Group CEO Andrew Witty on Wednesday told lawmakers that data from an estimated one-third of Americans could have been compromised in the cyberattack on its subsidiary Change Healthcare, and that the company paid a $22 million ransom
Cryptocurrency exchange Binance founder and CEO Changpeng Zhao speaks at a Binance fifth anniversary event in Paris, France, July 8, 2022. Staff | Reuters Changpeng Zhao, the billionaire co-founder and former CEO of Binance, is expected to see his mammoth wealth remain intact and likely continue to climb even as he faces time behind bars
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon will report first-quarter earnings after the bell on Tuesday. Here’s what analysts are expecting according to LSEG: Earnings per
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella (C) arrives for a meeting with Indonesia’s President Joko Widodo at the Merdeka Palace in Jakarta on April 30, 2024. (Photo by BAY ISMOYO / AFP) (Photo by BAY ISMOYO/AFP via Getty Images) Bay Ismoyo | Afp | Getty Images Microsoft
In this article ALAB RBRK Follow your favorite stocksCREATE FREE ACCOUNT Following a long period of waiting, “the IPO market’s back.” That’s according to Colin Stewart, Morgan Stanley’s global head of technology equity capital markets. In an interview with CNBC’s “TechCheck” on Monday, Stewart said 10 to 15 more tech companies could go public before
A Tesla Inc. store in Beijing, China, on Wednesday, May 31, 2023. Bloomberg | Getty Images Shares of Tesla rose sharply in U.S. premarket trading on Monday after the electric car maker passes a significant milestone to roll out its full self-driving technology in China. The company’s share price was up 7% as of 5
Despite blockbuster earnings from giants such as Alphabet and Microsoft, layoffs continue to ripple through the tech industry. Layoffs.fyi, a platform monitoring job cuts in the tech sector, recorded more than 263,000 job losses in 2023 alone. As of April, there have been more than 75,000 job losses in the industry so far in 2024.
In this article INTC AAPL Follow your favorite stocksCREATE FREE ACCOUNT Intel CEO Pat Gelsinger speaks while showing silicon wafers during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023. Seth Wenig | AP Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the
In this article SNAP META Follow your favorite stocksCREATE FREE ACCOUNT A view of Google Headquarters in Mountain View, California, United States on March 23, 2024. Tayfun Coskun | Anadolu | Getty Images Advertising is so back. After a brutal 2022, when brands reeled in spending to cope with inflation, and a 2023 defined by
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla Model X burns after crashing on U.S. Highway 101 in Mountain View, California, U.S. on March 23, 2018. S. Engleman | Via Reuters Federal authorities say a “critical safety gap” in Tesla‘s Autopilot system contributed to at least 467 collisions, 13 resulting in
A view of the atmosphere during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California. Joe Scarnici | Getty Images Entertainment | Getty Images Snap shares surged 28% on Friday after the company surprised Wall Street by showing a profit and reported sales and user numbers that exceeded analysts’
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google and Alphabet CEO Sundar Pichai departs federal court on October 30, 2023 in Washington, DC. Pichai testified on Monday to defend his company in the largest antitrust case since the 1990s. Drew Angerer | Getty Images News | Getty Images Alphabet’s board said Thursday
In this article SNAP META Follow your favorite stocksCREATE FREE ACCOUNT Snap reported first-quarter results on Thursday that beat analysts’ estimates and showed a return to double-digit revenue growth. Shares soared more than 25% in extended trading. Here’s how the company did: Earnings per share: 3 cents adjusted vs. a loss of 5 cents expected
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