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Amazon workers strike across seven facilities at peak of holiday shopping season

Amazon workers strike across seven facilities at peak of holiday shopping season

Finance News

An Amazon delivery truck passes people holding signs and marching during a strike by Teamsters union members at an Amazon facility in Alpharetta, Georgia, U.S. December 19, 2024. REUTERS/Elijah Nouvelage Elijah Nouvelage | Reuters Amazon workers across seven facilities in New York, Georgia, California and Illinois went on strike on Thursday to lobby for better […]

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Micron stock headed for worst day since 2020 after disappointing guidance

Micron stock headed for worst day since 2020 after disappointing guidance

Finance News

Micron CEO Sanjay Mehrotra speaks before US President Joe Biden delivers remarks on “how the CHIPS and Science Act and his Investing in America agenda are growing the economy and creating jobs,” at the Milton J. Rubenstein Museum in Syracuse, New York, on April 25, 2024.  Andrew Caballero-Reynolds | AFP | Getty Images Micron shares

Micron stock headed for worst day since 2020 after disappointing guidance Read More »

Trump’s pick to lead NASA made a big bet on crypto while going to space on the side

Trump’s pick to lead NASA made a big bet on crypto while going to space on the side

Finance News

Jared Isaacman, Mission Commander, steps out of the manned Polaris Dawn mission’s “Dragon” capsule after it splashed down off the coast of Dry Tortugas, Florida, after completing the first human spaceflight mission by non-government astronauts of the Polaris Program. – | Afp | Getty Images President-elect Donald Trump’s pick to run NASA, Jared Isaacman, is

Trump’s pick to lead NASA made a big bet on crypto while going to space on the side Read More »

Databricks announces billion financing at billion valuation

Databricks announces $10 billion financing at $62 billion valuation

Finance News

Databricks, one of the most valuable privately held companies, announced a $10 billion financing on Tuesday that values the software maker at $62 billion.  With the money, Databricks will be able to provide liquidity to current and former employees, make acquisitions, and expand overseas, according to a statement. The company’s new valuation is up from

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CrowdStrike moves to dismiss Delta Air Lines suit, citing contract terms

CrowdStrike moves to dismiss Delta Air Lines suit, citing contract terms

Finance News

A Boeing 767-332(ER) from Delta Air Lines takes off from Barcelona El Prat Airport in Barcelona, Spain, on October 8, 2024.  Joan Valls | Nurphoto | Getty Images CrowdStrike moved Monday evening to dismiss Delta Air Lines’ lawsuit around the July cybersecurity outage that led to canceled flights and stranded passengers, arguing that the airline’s

CrowdStrike moves to dismiss Delta Air Lines suit, citing contract terms Read More »

China wants to dominate in AI — and some of its models are already beating their U.S. rivals

China wants to dominate in AI — and some of its models are already beating their U.S. rivals

Finance News

China’s attempts to dominate the world of artificial intelligence could be paying off, with industry insiders and technology analysts telling CNBC that Chinese AI models are already hugely popular and are keeping pace with — and even surpassing — those from the U.S. in terms of performance. AI has become the latest battleground between the

China wants to dominate in AI — and some of its models are already beating their U.S. rivals Read More »

Nvidia falls deeper into correction territory as Broadcom rally continues

Nvidia falls deeper into correction territory as Broadcom rally continues

Finance News

Jaque Silva | Nurphoto | Getty Images Nvidia shares fell in premarket trading on Tuesday, as Broadcom continued its rapid surge higher. Nvidia stock was down about 1.8% in premarket trading at 10:47 a.m. London time. On Monday, the company a entered correction territory — broadly defined as the point when a stock falls 10%

Nvidia falls deeper into correction territory as Broadcom rally continues Read More »

MicroStrategy’s Michael Saylor says bitcoin is ‘cyber Manhattan’ — a ‘good investment’ even at the top

MicroStrategy’s Michael Saylor says bitcoin is ‘cyber Manhattan’ — a ‘good investment’ even at the top

Finance News

CFOTO | Nurphoto | Getty Images Michael Saylor compared bitcoin to New York City and its economy on Monday as the cryptocurrency rose to fresh records, calling it “cyber Manhattan.” “We’ll just keep buying the top forever, everyday is a good day to buy bitcoin” the founder and chairman of MicroStrategy said on CNBC’s “Money

MicroStrategy’s Michael Saylor says bitcoin is ‘cyber Manhattan’ — a ‘good investment’ even at the top Read More »

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