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CNBC Technology

@CNBCTechnology

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Helping you understand the world of money - one post at a time.

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2025-05-09 03:52:16 ·

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Pinterest shares rise 15% on better-than-expected guidance

Pinterest shares rose 15% in extended trading Thursday after the company reported first-quarter earnings and provided better-than-expected guidance.

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2025-05-09 00:49:46 ·

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Alphabet shares sink 7% after Apple’s Cue says AI will replace search engines

Eddy Cue, Apple's services chief, said he believes AI services will eventually replace standard search engines such as Google, according to a report Wednesday.

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2025-05-08 21:51:37 ·

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Affirm drops 8% on weaker-than-expected guidance for current quarter

Affirm beats on earnings but gave a revenue forecast that trailed analysts' estimates.

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2025-05-08 18:49:31 ·

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Theranos founder Elizabeth Holmes loses bid to have appeal of fraud conviction reheard

The decision leaves Holmes with the Supreme Court as her last chance to undo her conviction. She will have to ask the court to hear the case.

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2025-05-08 15:50:45 ·

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Standard Chartered analyst apologizes for $120,000 bitcoin price call, says target 'may be too low'

"I apologise that my USD120k Q2 target may be too low," Geoffrey Kendrick, head of digital assets at Standard Chartered, said in a tongue-in-cheek comment.

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2025-05-08 12:49:53 ·

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AppLovin shares pop on earnings beat as it announces sale of mobile gaming business

AppLovin shares soared in extended trading after the company beat first-quarter expectations and announced the sale of its mobile gaming business.

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2025-05-08 09:56:35 ·

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Trump crypto advisor David Bailey launching $300 million bitcoin investment company

David Bailey, CEO of BTC Inc. and a Trump crypto advisor, has raised $300 million to launch a publicly traded bitcoin investment company.

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2025-05-08 06:53:59 ·

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Nintendo forecasts sales of 15 million Switch 2 consoles as it gears up for launch

Nintendo said it expects to sell 15 million units of its new Switch 2 console in the fiscal year ending March 2026.

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2025-05-08 03:52:53 ·

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Apple says Epic Games contempt ruling could cost 'substantial sums'

Apple wants a court to pause a decision in its case against Epic Games, and allow it to charge commission on in-app transactions that link out for payment.

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2025-05-08 00:50:52 ·

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Figma introduces 'vibe-coding' AI software design feature

Figma's entry into the world of "vibe-coding" has no free tier, but it promises to adhere to customers' design preferences.

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2025-05-07 21:52:05 ·

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Nvidia shares climb on report Trump will end chip export restrictions

AMD CEO Lisa Su and Nvidia CEO Jensen Huang have both opposed the semiconductor export controls.

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2025-05-07 18:52:48 ·

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Democrats push back against Trump's growing crypto empire

Sen. Richard Blumenthal of Connecticut announced a preliminary inquiry into Trump’s meme coin and stablecoin ventures, citing national security risks.

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2025-05-07 15:49:01 ·

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NBA star Russell Westbrook launches AI-enabled funeral planning startup

NBA superstar Russell Westbrook is taking a shot off the court at simplifying funeral planning with the help of artificial intelligence.

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2025-05-07 12:52:54 ·

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Uber misses revenue expectations with trips up 18% over last year

CEO Dara Khosrowshahi said that autonomous vehicle tech is "the single greatest opportunity ahead for Uber."

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2025-05-07 09:55:38 ·

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Amazon says new warehouse robot can ‘feel’ items, but won’t replace workers

Amazon gave CNBC a first look at its new warehouse robot, Vulcan, that can "feel" objects, enabling it to do a job only humans could previously handle.

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2025-05-07 06:53:35 ·

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Tech giant Seagate sees hard drive capacity tripling by 2030 on booming AI demand

Seagate has been touting itself as more of an AI player in recent years amid the rise of foundational models like those being developed by OpenAI.

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2025-05-07 03:50:35 ·

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Super Micro issues weak guidance, cites 'economic uncertainty and tariff impacts'

A week after issuing disappointing preliminary results, Super Micro said in its earnings release that it could see an impact from President Trump's tariffs.

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2025-05-07 00:49:22 ·

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Uber CEO says changing employee benefits 'is a risk we decided to take'

Dara Khosrowshahi told his employees "it is what it is" at an internal meeting after announcing Uber would increase in-office requirements and change benefits.

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2025-05-06 21:49:45 ·

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AMD beats on earnings but will take $700 million hit to revenue from chip restrictions to China

AMD reported first fiscal-quarter earnings on Tuesday that topped expectations, and provided a strong guide for current-quarter revenue.

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2025-05-06 18:49:03 ·

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Amazon's Zoox robotaxi unit issues software recall after recent Las Vegas crash

Amazon's Zoox issued a software recall for its robotaxis after a crash in Las Vegas last month, the company said.

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2025-05-06 15:50:34 ·

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Palantir falls 12% as analysts raise international growth concerns

Palantir fell more than 10% even after the company hiked its guidance as AI demand fueled revenue growth.

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2025-05-06 12:54:25 ·

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Doordash announces $1.2 billion SevenRooms deal, misses revenue expectations

Doordash on Tuesday announced the $1.2 billion acquisition of restaurant booking platform SevenRooms and reported first-quarter earnings.

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2025-05-06 09:58:29 ·

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Temu and Shein face massive tariffs. But don't count them out of the U.S. e-tail scene, experts say

Despite Temu and Shein facing Trump's high China tariffs, e-commerce experts say they are still capable of competing with rivals in the U.S.

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2025-05-06 06:58:29 ·

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DoorDash to acquire British food delivery firm Deliveroo in $3.9 billion deal

British food delivery firm Deliveroo on Monday said it has agreed to a takeover offer from American rival DoorDash that values the company at £2.9 billion.

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2025-05-06 03:57:40 ·

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Palantir shares fall as company reports in-line earnings, lifts full-year guidance

Palantir boosted its guidance for the year on Monday, as net income in the latest quarter more than doubled.

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2025-05-06 00:50:27 ·

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Here are the SpaceX employees who were elected to run Musk's new company town of Starbase, Texas

Elon Musk's SpaceX prevailed in an election over the weekend to turn Starbase into a city that's now led by employees.

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2025-05-05 21:51:47 ·

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Hinge Health says revenue increased 50% in first quarter — still no price range for IPO

Hinge Health says revenue increased 50% in first quarter — still no price range for IPO

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2025-05-05 18:50:39 ·

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Waymo plans to double robotaxi production at Arizona plant by end of 2026

Waymo and Magna International plan to double robotaxi production at their new plant in Mesa, Arizona, by the end of 2026, the companies announced Monday.

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2025-05-05 15:52:09 ·

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Trump set to raise millions from crypto and memecoin this month

About 80% of the $TRUMP token supply is controlled by the Trump Organization and affiliates, according to the project's website.

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2025-05-05 12:48:40 ·

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From 'Cockroach Award' to the Big Board: Hinge Health's unlikely path to IPO

Hinge Health, a 10-year-old digital health company, is poised to kick off its IPO roadshow at a time when fellow upstarts are delaying plans to go public.

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