Tag: Breaking News: Technology
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Where Jim Cramer stands on CrowdStrike and Broadcom ahead of earnings
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
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Uber slashes people division by nearly a quarter. CEO says ‘changes are necessary’
Uber said the cuts were not driven by AI, which has allowed many tech businesses to cut costs and automate workloads
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OpenAI CEO Sam Altman to meet with lawmakers, Trump officials in D.C.
President Donald Trump signed an executive order about AI this week, which Altman voiced support for.
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SpaceX targets fixed $135 IPO roadshow price at $1.75 trillion valuation, source says
The valuation would make Elon Musk’s company the seventh- biggest in the U.S. and above Tesla, which has a market cap of about $1.6 trillion.
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Meta is trying to sell AI agents to businesses in latest effort to diversify away from ads
The Meta Business Agent will be included in the company’s Meta One paid subscription offerings.
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Europe unveils tech sovereignty package amid growing concerns over reliance on U.S. tech
The proposals include a new act to bolster advanced chip manufacturing and homegrown cloud computing.
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France’s Macron invites Sam Altman to attend G7, OpenAI tells CNBC
French President Emmanuel Macron has looked to win over tech bosses amid hopes to boost AI capability.
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SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says
The analysts see a wide range of possibilities around xAI and find its “economic moat indeterminate.”
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Tesla’s China-made EV sales jump nearly 40% in May as domestic market rebounds
Sales of Tesla’s China-made electric vehicles rose by nearly 40% in May amid a broader recovery in the country’s competitive market.
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Perplexity CEO tells CNBC one metric will determine who wins the AI race
Perplexity CEO Aravind Srinivas said that whichever company can provide the “most taken value per watt per user” will be the AI winners in the future.
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