Artificial intelligence has sparked new competition in internet search—for the first time in decades. Here’s how to build an AI portfolio. Feb. 10, 2023 6:06 pm ET It has been more than 70 years...
Tag: Technology
Where 500 CxOs See Digital Transformation Headed In 2023
C-suite leaders have an insatiable appetite for cutting-edge tech moving into 2023. Over 500 CxOs believe that technology will drive resilience and future competitive advantage as well as be essential...
‘Cash is the cool kid on the block’: High-yield savings accounts, Treasury Bills, money market funds, and CDs — here’s where your cash can earn up to 4.5%
Cash isn’t just the dollar bills you put in your pocket — in this market, it might seem to be a patch of steady ground. There are multiple options: People can put their money in high-yield savings acc...
Astronaut Sen. Mark Kelly praises ‘stunning’ space business
Arizona Sen. Mark Kelly speaks at the annual Commercial Space Transportation conference on Feb. 9, 2023. Michael Sheetz | CNBC Arizona Sen. Mark Kelly, who flew to space four times over a 15-year care...
Lyft stock melts down after earnings ‘debacle for the ages’
Lyft Inc. isn’t getting too many stars for its latest earnings report, which is helping to send shares down more than 30% Friday morning as numerous bulls head for the hills and fret about the company...
TV prices sink ahead of the Super Bowl — here are the best deals
Nearly 200 million people will watch the Philadelphia Eagles face off against the Kansas City Chiefs in the Super Bowl on Feb. 12, which is a good reason to buy a brand-new television. While you may n...
Micron Suspends Executive Bonuses. The Stock Was Upgraded, Too.
Micron Technology has suspended bonuses for executives, and the stock earned an upgrade, though the two don’t appear to be connected. Micron (ticker: MU) said late Thursday a board committee had appro...
Bob Iger signals Disney Hulu strategy shift
Disney CEO Bob Iger’s apparent openness to selling Hulu marks a stark reversal in strategy for the company — and an even more surprising shift if Iger sells the streaming service to Comcast. Ige...
Crypto tumble as concerns over regulation intensifies
Bitcoin tumbled to a three-week low Thursday, as crypto exchange Kraken halted its staking program and agreed to pay $30 million to settle charges brought by the US Securities and Exchange Commission....
PayPal CEO Dan Schulman plans his exit as earnings return to growth
Only one thing was missing from PayPal Holdings Inc.’s packed fourth-quarter earnings report, which brought upbeat profit performance, a new user metric and the announcement of Chief Executive Dan Sch...
Coinbase Warns of ‘Staking’ Crackdown. The Stock Is Tumbling.
Text size Coinbase CEO Brian Armstrong. Patrick T. Fallon/AFP via Getty Images The CEO of Coinbase Global warned the Securities and Exchange Commission might be considering cracking down on a process ...
These 20 AI stocks are expected by analysts to rise up to 85% over the next year
There are always fads in the stock market, but now we are in the midst of what could turn out to be a revolutionary trend that will last much longer than any fad — artificial intelligence. In the Need...
SEC commissioner breaks with SEC, Gensler on crypto regulation
Hester Peirce, commissioner of the US Securities and Exchange Commission (SEC), speaks during the DC Blockchain Summit in Washington, D.C., on Tuesday, May 24, 2022. Valerie Plesch | Bloomberg | Getty...
SpaceX test fires Starship booster
SpaceX test fires engines in the towering rocket booster of its Starship prototype on February 9, 2023. Source: SpaceX SpaceX on Thursday test fired 31 of the 33 engines in the towering rocket booster...
Coinbase shares fall as SEC takes crypto staking action against Kraken
Brian Armstrong, co-founder and chief executive officer of Coinbase Inc., speaks during the Singapore Fintech Festival, in Singapore, on Friday, Nov. 4, 2022. Bryan van der Beek | Bloomberg | Getty I...
Cryptocurrency exchange Kraken settles SEC crypto staking suit
Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Crypto exchange Kraken will shutter its U.S. cryptocurrency staking operation and pay a $...
PayPal earnings: What to expect
The world of online checkout continues to heat up, and investors want to see how digital-payments pioneer PayPal Holdings Inc. is holding its own. After a rough year for PayPal PYPL, -1.63% highlighte...
Redwood Materials nabs $2 billion loan for battery recycling in Nevada
JB Straubel sits down with CNBC’s Phil LeBeau at Redwood Materials. Redwood Materials has attained a $2 billion loan commitment from the Department of Energy, the agency announced on Thursday vi...
General Motors, GlobalFoundries strike semiconductor deal
The global chip shortage will continue, and consumers will have to pay for it, an analyst from the International Data Corporation said. Sasirin Pamai | Istock | Getty Images General Motors has signed ...
Buy The Hype? AI Frenzy Has Stocks Surging And Plunging—But Morgan Stanley Calls The Technology A ‘Serious Contender’
Topline A slew of companies—led by tech giants Microsoft and Alphabet—have announced high-profile forays into artificial intelligence amid growing hype around AI-equipped chatbot ChatGPT, and though s...
Airlines, rocket launches compete for airspace as FAA manages demand
The SpaceX launch pad is seen from the window of Air Force One at Kennedy Space Center, Wednesday, May 27, 2020, in Cape Canaveral, Fla. Evan Vucci | AP WASHINGTON — Space companies are launching more...
Stablecoin giant Tether records surprise $700 million profit
Tether previously claimed its stablecoin was backed 1-to-1 by U.S. dollars. Justin Tallis | Afp | Getty Images Tether on Thursday published its latest quarterly financials, with the world’s top ...
Lucid offers EV price cuts on some Air luxury sedans
Lucid Air Courtesy: Lucid Motors Lucid Group said Thursday that buyers of certain versions of its pricey Air electric luxury sedan will be eligible for a $7,500 “credit.” But that credit w...
Nvidia, Broadcom, and Marvell Are Chip Stocks to Benefit in AI Arms Race
J.P. Morgan says there are three semiconductor companies that will thrive from the rising demand for artificial-intelligence services and software. In a note to clients on Friday, analyst Harlan Sur s...