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Chipmakers are finding that good earnings aren’t enough to please Wall Street

Chipmakers are finding that good earnings aren’t enough to please Wall Street

Finance News

Nvidia CEO Jensen Huang delivering a keynote address at the Consumer Electronics Show in Las Vegas, Nevada on Jan. 6, 2025. Patrick T. Fallon | Afp | Getty Images More than two years into the generative artificial intelligence boom, Wall Street is setting an increasingly high bar for chipmakers. When it comes to earnings reports […]

Chipmakers are finding that good earnings aren’t enough to please Wall Street Read More »

Trump’s first White House Crypto Summit has VIPs pushing for favorable laws

Trump’s first White House Crypto Summit has VIPs pushing for favorable laws

Finance News

Brian Armstrong, CEO of Coinbase, slammed the U.S. Securities and Exchange Commission. He also said the cryptocurrency exchange is looking to invest more outside of the U.S. Carlos Jasso | Bloomberg | Getty Images Now that President Trump has announced plans for a Strategic Bitcoin Reserve, crypto industry leaders can focus on what else they

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Oracle’s Federal Electronic Health Record experienced a nation-wide outage

Oracle’s Federal Electronic Health Record experienced a nation-wide outage

Finance News

Jaque Silva | Nurphoto | Getty Images Oracle’s Federal Electronic Health Record experienced a nation-wide outage on Tuesday, the Department of Veterans Affairs confirmed to CNBC. The agency said “all users” of the company’s Federal EHR, including the VA, the Department of Defense, the U.S. Coast Guard and the National Oceanic and Atmospheric Administration, were

Oracle’s Federal Electronic Health Record experienced a nation-wide outage Read More »

HPE to cut 2,500 employees as stock slides 16% on weak earnings outlook

HPE to cut 2,500 employees as stock slides 16% on weak earnings outlook

Finance News

Antonio Neri, CEO of Hewlett Packard Enterprise, speaks during an interview with CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, October 20, 2023. Brendan McDermid | Reuters Hewlett Packard Enterprise shares slid 16% in extended trading on Thursday as the data center equipment maker issued quarterly and full-year

HPE to cut 2,500 employees as stock slides 16% on weak earnings outlook Read More »

Digg founder teams up with former Reddit rival to buy and revive website

Digg founder teams up with former Reddit rival to buy and revive website

Finance News

Alexis Ohanian David A. Grogan | CNBC Content aggregator Digg is making a comeback with the help of an unlikely partner: Reddit co-founder and rival Alexis Ohanian. Ohanian and Digg founder Kevin Rose acquired the platform for an undisclosed sum. The deal is backed by venture capital firms True Ventures, where Rose is a partner,

Digg founder teams up with former Reddit rival to buy and revive website Read More »

CrowdStrike slumps 10% on weak earnings outlook, overhang from outage costs

CrowdStrike slumps 10% on weak earnings outlook, overhang from outage costs

Finance News

CrowdStrike CEO George Kurtz speaks at the Wall Street Journal Tech Live conference in Laguna Beach, California, on Oct. 21, 2019. Martina Albertazzi | Bloomberg | Getty Images CrowdStrike shares dropped 10% after issuing weak earnings guidance as the company signaled ongoing pressure from its global IT outage that rattled businesses in July. The cybersecurity

CrowdStrike slumps 10% on weak earnings outlook, overhang from outage costs Read More »

Ex-Facebook engineer is tackling clinician burnout at Freed after seeing wife’s challenges

Ex-Facebook engineer is tackling clinician burnout at Freed after seeing wife’s challenges

Finance News

Erez Druk, co-founder and CEO of Freed. Courtesy: Freed For Erez Druk, who spent almost four years working at Facebook, building health-care startup Freed has been a labor of love, quite literally.  Druk’s wife, Dr. Gabi Meckler, works at a community clinic in northern California, where she cares for children and adults, and delivers babies

Ex-Facebook engineer is tackling clinician burnout at Freed after seeing wife’s challenges Read More »

Apple co-founder Steve Wozniak blasts Musk’s DOGE over ‘sledgehammer’ approach to government layoffs

Apple co-founder Steve Wozniak blasts Musk’s DOGE over ‘sledgehammer’ approach to government layoffs

Finance News

Steve Wozniak, co-founder of the technology company Apple. Thomas Banneyer | Picture Alliance | Getty Images BARCELONA — Apple co-founder Steve Wozniak criticized the “sledgehammer” approach Elon Musk’s Department of Government Efficiency has taken to cut administrative costs and implement mass firings at federal government agencies. The Department of Government Efficiency — or “DOGE,” for

Apple co-founder Steve Wozniak blasts Musk’s DOGE over ‘sledgehammer’ approach to government layoffs Read More »

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