One year ago, Apple announced Apple Intelligence, its response to the wave of sophisticated chatbots and systems kicked off by the arrival of ChatGPT and the age of generative AI. Analysts said Apple’s installed base of more than 1 billion iPhones, the data on its device and its custom-designed silicon chips were advantages that would […]
At WWDC, Apple’s AI strategy comes into question Read More »
Cameron Winklevoss, co-founder and president of Gemini Trust Co., left, and Tyler Winklevoss, co-founder and chief executive officer of Gemini Trust Co., on stage during the Bitcoin 2025 conference in Las Vegas, Nevada, US, on Tuesday, May 27, 2025. Bridget Bennett | Bloomberg | Getty Images Gemini, the cryptocurrency exchange and custodian founded by Cameron
Winklevoss twins’ crypto firm Gemini confidentially files for IPO Read More »
Omada Health shares popped more than 30% in their Nasdaq debut on Friday after the virtual chronic care company priced its stock at $19 per share in its IPO. The stock opened at $23 and quickly hit $25. The company said in a press release late Thursday that it sold 7.9 million shares in the
Omada shares open at $23 in Nasdaq debut after health-tech company’s IPO Read More »
Tiffany Hagler-Geard | Bloomberg | Getty Images Shares of DocuSign tanked 18% in trading Friday, a day after the e-signature provider reported stronger-than-expected earnings but slashed its full-year billings outlook. Here’s how the company performed in its fiscal first quarter, compared with estimates from analysts polled by LSEG: Earnings per share: 90 cents, adjusted, vs.
DocuSign stock tanks 18% after company cuts billings outlook Read More »
Idrees Abbas | Lightrocket | Getty Images It’s been a bad week for DOGE. And a really bad week for dogecoin. The meme coin, which gained popularity in part because Elon Musk once dubbed it “the people’s crypto,” fell about 10% on Thursday and is down 22% over the past week. That drop corresponds with
Musk’s feud with Trump and exit from DOGE are really bad for Dogecoin Read More »
Microsoft Chairman and Chief Executive Officer Satya Nadella speaks during the Microsoft Build 2025, conference in Seattle, Washington, on May 19, 2025. Jason Redmond | AFP | Getty Images On a down day for the market, Microsoft reached a record high for the first time in 11 months. Shares of the software giant rose 0.8%
Microsoft’s stock hits fresh record, rallying despite drop in broader market Read More »
The Anduril Industries headquarters in Costa Mesa, California, US, on Thursday, Dec. 14, 2023. Kyle Grillot | Bloomberg | Getty Images Defense tech startup Anduril Industries has raised $2.5 billion at a $30.5 billion valuation, including the new capital, Chairman Trae Stephens said on Thursday. “As we continue working on building a company that has
Alex Karp, Palantir CEO, and Chris Johnson, Teletracking co-CEO, joins CNBC’s ‘Squawk on the Street’ on June 5, 2025. CNBC Palantir CEO Alex Karp said the artificial intelligence arms race between the U.S. and China will culminate in one country coming out on top. “My general bias on AI is it is dangerous,” Karp told
Palantir CEO Karp says AI is dangerous and ‘either we win or China will win’ Read More »
Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Shares of Tesla slid about 5% Thursday as CEO Elon Musk continued his relentless pressure on Congress to “KILL” President Donald Trump’s
Tesla shares sink 5% as Musk continues to bash Trump’s spending bill Read More »
Dev Ittycheria, CEO of MongoDB Adam Jeffery | CNBC MongoDB shares surged 15% after the software company surpassed fiscal first-quarter earnings expectations and raised its outlook, citing growing confidence in its cloud-based database service. Revenues hit $549 million during the period, jumping 22% from more than $450 million in the year-ago period. That topped a
