AMD shares fall as first-quarter forecast comes in light
AMD makes graphics processing units, or GPUs, which are needed to train and deploy generative artificial intelligence models.
CNBC Technology
Super Micro shares pop after earnings beat, rosy revenue forecast
Super Micro shares pop on rosy second-quarter earnings beat and revenue forecast.
Alphabet shares slide on disappointing Google ad revenue
Alphabet reported earnings after the bell. Here are the results.
PayPal will cut about 2,500 jobs, or 9% of global workforce
PayPal will cut 9% of its global workforce, or about 2,500 jobs, CEO Alex Chriss wrote Tuesday in an internal letter to employees, which was viewed by CNBC.
Apple iPhone shipments may see 'significant decline' in 2024, analyst says
Apple may see a drop in iPhone shipments this year, due in part to the growing popularity of foldable phones, analyst Ming-Chi Kuo says.
Alibaba-backed Xreal, rival to Apple's Vision Pro, claims it's now an AR glasses unicorn
Alibaba-backed augmented reality glasses company Xreal said it received $60 million in new funding, giving the company a valuation of more than $1 billion.
Delivery Hero plunges to record low after selling stake in food delivery rival Deliveroo
The Deliveroo stake sale will fetch $97.4 million for Delivery Hero, less than a third of what it paid for the shares when it first bought them in 2021.
Trimble to buy back $800 million worth of shares, expand board following Jana investment
The industrial technology company will add two directors and expand its share buyback shortly after activist investor Jana Partners disclosed its stake.
Symptoms from excessive screen time cost the U.S. $73 billion a year, study finds
Nearly 70% of people working office jobs spend upward of seven hours a day watching screens, study finds.
Elon Musk's Neuralink implants brain tech in human patient for the first time
The in-human clinical trial marks just one step on Neuralink's path toward commercialization.
OpenAI is working on AI education and safety initiative with Common Sense Media
OpenAI is partnering with Common Sense Media on an initiative to create AI guidelines and education materials for teens and families.
Reed Hastings sells $1.1 billion in Netflix shares
Netflix co-founder and executive chairman Reed Hastings has gifted two million shares of the streaming giant, according to a regulatory filing.
Bitcoin bounces above $43,000, turns positive for 2024
The price of bitcoin broke above the $43,000 level on Monday as the cryptocurrency extended its recent gains.
How the Apple iPhone became one of the best-selling products of all time
Amazon terminates iRobot deal, Roomba maker to lay off 31% of staff
Amazon and iRobot said regulatory concerns made it impossible for the deal to move forward, sending the Roomba makers' shares plummeting.
Activists are eyeing tech stocks ahead of expected M&A rebound after two-year lull
Activist investors need a vibrant M&A market in order to make big money on their campaigns, and 2024 is off to a promising start for them.
Baidu's Ernie AI chatbot to power Samsung's new Galaxy S24 smartphones
Chinese tech giant Baidu will partner Samsung to integrate its Ernie chatbot capabilities into Galaxy S24 smartphones.
Tech layoffs balloon in January as Wall Street rally lifts Alphabet, Meta, Microsoft to records
So far in January, some 23,670 workers have been laid off, the most in any month since March, according to the website Layoffs.fyi.
Apple opens up iPhone app store in Europe, a major crack in its 'walled garden'
Apple didn't make these moves voluntarily — they were required by a new European law, the Digital Markets Act.
Intel has worst day since 2020 on weak outlook
Intel's revenue guidance for the first quarter was below every analyst's estimate.
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