Tag: technology
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Meta’s stock heads for best week since early 2024 as optimism builds around AI strategy
Meta released two AI models this week as part of its new Muse Spark family, under the leadership of Alexandr Wang.
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Elon Musk postpones first TV interview since SpaceX went public: Live updates
Elon Musk’s space and AI company SpaceX began trading on June 12 in a historic IPO that raised $85.7 billion.
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Kraken to launch agentic trading as crypto exchanges evolve beyond crypto
Kraken is preparing to relaunch its app with agentic trading at its core, the company told CNBC exclusively.
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SK Hynix stock set for Nasdaq debut, opening the trillion-dollar chip giant to U.S. investors
SK Hynix has soared to a trillion-dollar market cap by serving some of the biggest names in technology, including Nvidia and Apple.
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Key chip stock index flashing ‘ominous signals,’ says BTIG
A fluttering after a big positive run could mean a major pullback is coming, Jonathan Krinsky, the firm’s chief market technician, wrote Thursday.
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Why the stock market and economy may seem out of sync
The stock market has boomed on AI euphoria, while the trajectory of the U.S. economy has been more tepid, economists said.
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Stablecoin issuer Circle just got the greenlight to operate as a bank. The shares are up 12%
Stablecoin issuer Circle surged in premarket trading after the U.S. Office of the Comptroller of the Currency granted it approval to operate as a trust bank.
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The Tech Download: Teen social media bans miss a key part of the puzzle: AI chatbots
Teenagers are increasingly becoming dependent on AI chatbots, echoing a familiar problem with social media in the 2010s.
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Mission creep: FIFA’s embrace of technology backfires in controversy-riven World Cup
MIAMI, July 10 : If FIFA President Gianni Infantino imagined his embrace of technology might finally put an end to disputes over refereeing decisions, the World Cup would have disabused him of the notion.The use of technology has been at the heart of every major controversy at the tournament, including the sa
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SK Hynix is set to make its Wall Street debut. Will that narrow the chipmaker’s ‘Korea discount’?
As global chip giant SK Hynix makes its Nasdaq debut Friday, the listing serves as a major test of whether the company can shed its long standing “Korea Discount.”
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