In this article SMCI Follow your favorite stocksCREATE FREE ACCOUNT Charles Liang, CEO, Super Micro Source: Supermicro Super Micro Computer, one of the best-performing tech stocks of the past few years, soared more than 30% on Friday to a record, after the maker of data center hardware issued preliminary financial results that exceeded estimates. The
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In this article AMZN IRBT Follow your favorite stocksCREATE FREE ACCOUNT Roomba robot vacuums made by iRobot are displayed on a shelf at a Target store in San Rafael, California, on Aug. 05, 2022. Justin Sullivan | Getty Images Shares of iRobot plunged more than 33% in extended trading on Thursday after a report said
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT A worker delivers Amazon packages in San Francisco on Oct. 5, 2022. Bloomberg | Bloomberg | Getty Images Amazon is laying off some employees in its Buy with Prime unit, the company confirmed, as it continues to look for ways to trim costs. The cuts
Jakub Porzycki | Nurphoto | Getty Images The world’s largest contract chipmaker Taiwan Semiconductor Manufacturing Company on Thursday posted better-than-expected profit and revenue on the back of weaker macroeconomic conditions. Here are TSMC’s fourth-quarter results versus LSEG consensus estimates: Revenue: 625.53 billion New Taiwan dollars ($19.62 billion), vs. NT$618.31 billion expected Net income: NT$238.71 billion, vs. NT$225.22 billion
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple smartwatches ads are displayed as customers take a look at smartwatch accessories at the Apple store in New York, U.S., December 26, 2023. Eduardo Munoz | Reuters Apple will again be barred from selling watches with blood oxygen sensors beginning Thursday, a federal appeals
The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone with an EU flag shown in the background. Justin Tallis | AFP via Getty Images A raft of major technology and media companies have signed an open letter accusing tech giants of failing to bring their businesses into full compliance with
In this article ANSS SNPS Follow your favorite stocksCREATE FREE ACCOUNT Ajei Gopal, CEO, Ansys Scott Mlyn | CNBC Semiconductor design and software firm Synopsys on Tuesday announced it would acquire Ansys, an engineering and product design software firm, in a cash-and-stock deal valued at approximately $35 billion. The acquisition is one of the largest
Elon Musk, chief executive officer of Tesla Inc., during a fireside discussion on artificial intelligence risks with Rishi Sunak, UK prime minister, not pictured, in London, UK, on Thursday, Nov. 2, 2023. Tolga Akmen | Bloomberg | Getty Images Tesla and SpaceX CEO Elon Musk, who also owns the social network X (formerly known as
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT The Apple flagship store in Shanghai in November 2023. Costfoto | Nurphoto | Getty Images Apple is offering a discounts across a range of its products in China, including the latest iPhones, its website shows, as it faces rising competition and growing fears of a
Chesnot | Getty Images Cryptocurrency bulls say bitcoin could surge to more than $100,000 this year after the U.S. Securities and Exchange Commission made a pivotal step to approve the first-ever U.S. spot bitcoin exchange-traded fund. Several crypto investors CNBC spoke with said they see the world’s top cryptocurrency rising in 2024, as the effects
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT An employee of the Tesla Gigafactory Berlin Brandenburg works on a production line of a Model Y electric vehicle. Patrick Pleul | Picture Alliance | Getty Images Shares of Tesla dipped as much as 3% Friday morning as the stock faced pressure from supply chain
In this article BLK BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Larry Fink, CEO of BlackRock. Cameron Costa | CNBC Bitcoin exchange-traded funds have arrived after a hard-fought battle between the crypto industry and the U.S. Securities and Exchange Commission. Larry Fink, CEO of BlackRock — the biggest asset manager in the world — thinks
Sopa Images | Lightrocket | Getty Images Now that bitcoin ETFs are trading across U.S. public markets, many large money managers that have been effectively locked out of crypto finally have a way to access the primary digital currency. For the $30 trillion advised wealth management industry, the floodgates could be about to open. Analysts
In this article AAPL MSFT Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook, left, and Microsoft CEO Satya Nadella. Reuters Microsoft ended Friday’s U.S. trading session as the most valuable publicly traded company, surpassing Apple after briefly topping the iPhone maker during intraday trading Thursday. Shares of Microsoft climbed more than 3% for
England’s Morrisons, a 470-store British supermarket chain, has tried something innovative but disturbing. In a few of its stores over the Christmas season, it installed a robotic intrusion detector designed to act as a night watchman on construction sites, in mines, and on farms. Morrisons tried this machine to detect, not trespassers, but shoplifters. The robotic
Getty Images Bitcoin slid on Friday to end what should have been a momentous week for the cryptocurrency, with the launch of 11 bitcoin ETFs in the U.S. after a years long battle for institutional acceptance of the asset. The price of bitcoin dropped nearly 6% to $44,022.22, according to Coin Metrics, pulling most of
Omar Marques | Lightrocket | Getty Images The U.S. Securities and Exchange Commission just approved the first-ever batch of spot bitcoin exchange-traded funds to come out of the U.S. The agency gave the green light on Wednesday to sponsors of 10 ETFs, including BlackRock, Invesco, Fidelity, Grayscale, and Ark Invest — paving the way for
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 Google cut several hundred
A BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) Vcg | Visual China Group | Getty Images Shares of Chinese electric car makers have started the new year in reverse gear, as intense competition and continuing price wars pressure
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon is laying off hundreds of employees across its Prime Video and MGM Studios divisions. Mike Hopkins, who oversees those units, sent a note to staffers on Wednesday informing them of the job cuts, according to a copy of the memo viewed by CNBC. An
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