Shopify shares down after company reports light guidance
Shopify's quarterly results topped estimates, but guidance for the current period was light.
CNBC Technology
Arm shares jump 29% as post-earnings rally extends to second week
Arm's strong growth forecast has led investors to declare it an artificial intelligence darling.
Arm shares surge 48% after SoftBank-controlled chip designer issues strong forecast
Shares of Arm climbed 48% on Thursday after the company reported better-than-expected earnings and a strong forecast.
Apple and Microsoft clinch key win as iMessage, Bing exempted from tough EU competition rules
Apple's iMessage and Microsoft's Bing and Edge browsers should not be listed as "gatekeepers" under the EU Digital Markets Act, the European Commission said.
Wish's deep discount sale to Singapore's Qoo10 ramps up competition for Temu and Shein
Wish's new owner faces steep competition from Chinese discount retailers Temu and Shein, which have been on an ad-spending blitz to attract American shoppers.
Bitcoin extends its gains, breaking through the $50,000 level
Bitcoin extended its gains from last week, breaking through the key psychological level of $50,000.
Elon Musk must testify in SEC probe of his Twitter takeover, judge says
A judge ordered Elon Musk to testify in a probe by the U.S. Securities and Exchange Commission concerning his 2022 acquisition of Twitter.
As Sam Bankman-Fried awaits prison sentence, FTX customers await a surprise: Full repayment
Fifteen months after FTX filed for bankruptcy, customers are being told they could be repaid in full.
Microsoft's AI growth is helping its cloud business weaken Amazon's lead
Microsoft's cloud is growing significantly faster than Amazon Web Services of late, thanks in part to its cozy OpenAI relationship.
Digital banking giant Revolut is launching phone plans for travelers in the UK
Digital banking startup Revolut is launching travel eSIM plans in the U.K. that give users access to data abroad without suffering roaming charges.
Biden campaign debuts official TikTok account, but app is still banned on most government devices
The TikTok account, with the handle "@bidenhq," debuted Sunday during Lunar New Year celebrations in China and Super Bowl 58 in the U.S.
China e-commerce player Temu is about to run its second Super Bowl ad — and do $10 million in giveaways
It's rare for a Chinese firm to buy a Super Bowl ad spot, which costs millions of dollars, but Temu already ran its first Super Bowl commercial last year.
Investors in Airbnb arbitrage business allege they were defrauded in scheme promising 'higher returns than the stock market'
Airbnb's sprawling marketplace enabled an arbitrage business to illicitly operate and attract investors in the process.
China may be making more advanced chips despite U.S. sanctions — but it still faces big problems
China's biggest chipmaker SMIC seems to have been manufacturing advanced chips, defying U.S. sanctions designed to slow down Beijing's progress.
How Walmart, Delta, Chevron and Starbucks are using AI to monitor employee messages
Aware uses AI to analyze companies' employee messages across Slack, Microsoft Teams, Zoom and other communications services.
Amazon's Prime Video lands exclusive NFL playoff game next season
Amazon is going deeper into the NFL after agreeing in 2021 to pay about $1 billion a year for the exclusive rights to Thursday Night Football.
Bitcoin tops $48,000 in a big comeback to end the week
Bitcoin marched higher to end the week, with its price rising above $48,000.
OpenAI CEO Sam Altman seeks as much as $7 trillion for new AI chip project: Report
OpenAI CEO Sam Altman wants to overhaul the global semiconductor industry with trillions of dollars in investment, The Wall Street Journal reported.
Arm's post-earnings pop leaves stock trading at over 100% premium to Nvidia
While analysts like Arm's backlog and royalties business, it's the company's role in AI that's pushing up its market multiple.
SoftBank shares extend their surge, pop more than 15% on earnings beat
Shares of SoftBank Group rose as much as 15.29% on Friday morning after the Japanese investment firm posted earnings that beat analysts' expectations.
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