Tag: Breaking News: Technology
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SpaceX stock drops again after rally following blockbuster IPO
A rally following the company’s record breaking IPO on June 12 has cooled, with stock dropping the past two full days of trading.
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AI buildout gives tech investors new reasons to watch bond market
Tech giants are depleting cash reserves and raising debt in their ambitious data center buildouts, a dynamic that’s forcing investors to watch interest rates.
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Massive bonuses for South Korea’s chip workers puts central bank on inflation alert
Workers from tech industries receive bonus worth millions of won, prompting the Bank of Korea to warn of the upward pressure to inflation.
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Memory crisis hits such extremes that ‘even Apple can’t be safe’
Apple appears poised to take the rare step of increasing prices to deal with what CEO Tim Cook called an “unsustainable” memory shortage.
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Qualcomm CEO Cristiano Amon on the new world of AI agents
CNBC’s Arjun Kharpal sits down with the chip company chief on The Tech Download podcast.
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Musk’s SpaceX stake is worth over $1 trillion. Here are the other billionaire shareholders
SpaceX shares were up 37% after its historic debut last week, which offered shares at a set price of $135.
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Jim Cramer says next week’s economic data will drive the markets
CNBC’s Jim Cramer said next week’s lighter earnings calendar will put the focus on key economic data.
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Waymo recalls about 3,900 robotaxis after some drove into ‘freeway construction zones’
After some Waymo robotaxis drove into closed construction zones, the company implemented a recall to fix underlying software issues.
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Amazon investigating engineers who criticized AI data center expansion
Five Amazon employees testified at Seattle City Council meetings where officials sought feedback on a year-long data center new construction pause.
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Apple’s upcoming price hikes are good for the company not so good for consumers
Apple is throwing in the towel, facing down soaring memory and storage chip costs.
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