Technology

Pictured here is a Foxconn factory in Zhengzhou city on Sept. 4, 2021. Vcg | Visual China Group | Getty Images Apple iPhone manufacturer Foxconn on Friday posted a dip of 9.6% in revenue for the first quarter of 2024, compared to the same period last year. The company, which trades as Hon Hai Precision

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, Chief Executive Officer of Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France, June 16, 2023.  Gonzalo Fuentes | Reuters Tesla will reveal

In this article NSC Follow your favorite stocksCREATE FREE ACCOUNT A general view of the exterior of the headquarters of Norfolk Southern on April 1, 2023 in Atlanta, Georgia.  Icon Sportswire | Getty Images Norfolk Southern is almost two months into a battle with activist investor Ancora, which is trying to shake up the railroad’s

In this article TDOC Follow your favorite stocksCREATE FREE ACCOUNT Jason Gorevic, CEO, Teladoc Scott Mlyn | CNBC Teladoc Health on Friday announced the sudden departure of CEO Jason Gorevic, who is leaving his role as head of the company effective immediately, according to a release. The company’s board of directors has temporarily appointed CFO

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook, CEO of Apple, during an event at Apple Park campus in Cupertino, California, Sept. 12, 2023. David Paul Morris | Bloomberg | Getty Images Apple is laying off 614 workers in California, according to a new state filing, the company’s first significant round

In this article HUBS GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Sundar Pichai, CEO, Alphabet Source: Google Shares of HubSpot popped 7% on Thursday morning after Reuters reported that Alphabet is in talks with its advisers to make an offer for the marketing software company. Alphabet has in recent days discussed how much it should

KUALA LUMPUR, MALAYSIA – 2018/01/24: A foreigner is seen with a Malaysia flag as a background. Kuala Lumpur or commonly known as KL is the national capital for Malaysia and is the fastest growing metropolitan regions in South-East Asia. The urban city is also well known to the world for tourism and shopping. Kuala Lumpur

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, CEO of Tesla, speaks at the Atreju political convention organized by Fratelli d’Italia (Brothers of Italy), in Rome, Italy, on Dec. 15, 2023. Antonio Masiello | Getty Images Tesla could “go bust” while its stock could fall to $14, Per Lekander, a hedge

A bowl of kimchi, a fermented vegetable side dish that is a staple in all Korean meals Kitzcorner | Getty Images You may have heard of the “Korea discount” in South Korea’s stock markets. Now, get ready for the “kimchi premium,” named after the popular side dish of fermented vegetables that’s a staple in Korean

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla’s new Model 3 sedans wait to be shipped aboard at Shanghai Haitong International Automotive Terminal in Shanghai, China, on March 14, 2024. VCG | Getty Images Tesla just published its first-quarter vehicle production and deliveries report for 2024. Here are the key numbers: Total deliveries Q1 2024: 386,810Total

Chinese consumer electronics company Xiaomi revealed Thurs., Dec. 28, 2023, its long-awaited electric car, but declined to share its price or specific release date. CNBC | Evelyn Cheng BEIJING — Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla’s Model 3, as price wars heat up in

In 2022, I was on a rooftop overlooking a runway surrounded by olive trees in the south of Spain. An aircraft hovered in the sky and zipped off into the distance. It was my first up-close encounter with an electric vertical take-off and landing (eVTOL) vehicle, popularly known as flying cars or air taxis. As

Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the world’s most prolific smartphone maker, is leaning into artificial intelligence as the key to unlocking greater sales this year. Photographer: SeongJoon Cho/Bloomberg via Getty Images SeongJoon Cho | Bloomberg | Getty Images Samsung

People learn about Baidu’s artificial intelligence chatbot service Ernie Bot during the 2nd Global Digital Trade Expo at Hangzhou International Expo Center on November 23, 2023 in Hangzhou, Zhejiang Province of China.  China News Service | China News Service | Getty Images Nvidia’s rocket-ship ride in the stock market underscores the extent to which chip

In this article T Follow your favorite stocksCREATE FREE ACCOUNT A pedestrian passes an AT&T store in New York, U.S. Scott Mlyn | CNBC AT&T announced Saturday that it is investigating an incident two weeks ago that led to millions of customers’ data being published on the dark web, a portion of the Internet that can only

In this article AAPL AMZN MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella, right, greets OpenAI CEO Sam Altman during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images News | Getty Images Tech giants aren’t doing much acquiring these days, due mostly to an

Caroline Ellison, former chief executive officer of Alameda Research LLC, center, arrives at court in New York, US, on Tuesday, Oct. 10, 2023.  Yuki Iwamura | Bloomberg | Getty Images In sentencing FTX founder Sam Bankman-Fried to a 25-year prison sentence on Thursday, Judge Lewis Kaplan cited testimony from Caroline Ellison, an ex-girlfriend of the

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla car is driven past a store of the electric vehicle (EV) maker in Beijing, China January 4, 2024.  Florence Lo | Reuters It was a brutal first quarter for Tesla investors. Shares of the electric vehicle maker plunged 29% in the first three

In this article RDDT Follow your favorite stocksCREATE FREE ACCOUNT The trading floor of the New York Stock Exchange prepares for the social media platform Reddit’s initial public offering in New York City on March 21, 2024. Spencer Platt | Getty Images Reddit shares are plummeting after experiencing a rally stemming from the social media

FTX founder Sam Bankman-Fried faces a maximum possible sentence of 110 years in prison under federal sentencing guidelines for the massive fraud conspiracy that led to the collapse of his cryptocurrency exchange and a related hedge fund, a judge ruled Thursday. Judge Lewis Kaplan increased the sentencing guidelines range for Bankman-Fried after finding that he