Tag: Breaking News: Technology
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Tesla deliveries jump 25% over last year, blowing past expectations
Tesla is trying to recover from consecutive annual declines in vehicle sales that were partly caused by a consumer backlash against CEO Elon Musk.
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Microsoft commits $2.5 billion and 6,000 employees to new AI implementation unit
Microsoft is the latest tech company to form a business focused on helping customers understand and implement artificial intelligence.
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Meta’s push into cloud computing means Wall Street has to prepare for lower margins
Meta appears poised to enter the cloud computing market in an effort to monetize its massive AI infrastructure.
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AI agents will have ‘capability’ of human traders, Robinhood CEO tells CNBC
Vlad Tenev spoke about the potential of AI agents in trading in an interview with CNBC.
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Google loses fight over record $4.7 billion EU antitrust fine
In 2018, the European Commission slapped Google with the record-breaking penalty on the grounds that it abused Android’s mobile dominance.
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Apple plans five new iPhones through 2027, eyes Chinese-made chips amid foldable push, reports say
Apple is planning five new iPhones by 2027 and is considering Chinese memory suppliers as it expands foldable production, reports say.
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OpenAI proposes 5% stake to Trump administration to ease Washington pressure: report
Trump said in June that the U.S. taking an ownership stake in AI giants would be “a beautiful thing” and make American public “partners in this revolution.”
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Shares of BYD and Xiaomi surge as June delivery figures fuel optimism
Hong Kong-listed shares of Chinese electric vehicle makers surged, after companies posted June vehicle data that helped to buoy investor sentiment.
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Samsung Electronics, SK Hynix shares tumble over 7% as chip rout spreads from Wall Street
Shares of Samsung Electronics and SK Hynix plummeted more than 7% in early Thursday trading.
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Jim Cramer says to use Wednesday’s market rotation to your advantage. Here’s how he’d play it
CNBC’s Jim Cramer said investors should use the latest market rotation to buy some of the biggest winners they may have missed.
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