Dylan Field, co-founder and CEO of Figma, appears at the Bloomberg Technology Summit in San Francisco on May 9, 2024. David Paul Morris | Bloomberg | Getty Images Figma, the developer of design software that was supposed to get acquired by Adobe, priced its IPO on Wednesday at $33 per share, above its expected range. […]
Figma prices IPO at $33, above expected range Read More »
Attendees walk through an exposition hall at AWS re:Invent, a conference hosted by Amazon Web Services, in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images LONDON — Britain’s competition regulator on Thursday declared that Microsoft and Amazon are hurting competition in the cloud computing industry and called for a further probe under
Microsoft and Amazon are hurting cloud competition, UK regulator finds Read More »
Signage at eBay headquarters in San Jose, California, U.S. David Paul Morris | Bloomberg | Getty Images Shares of eBay popped 10% in extended trading on Wednesday after the online marketplace posted stronger-than-expected results for the second quarter, and offered an upbeat forecast for the current period. Here’s how the company did in the second
EBay stock surges on earnings beat, rosy guidance Read More »
Microsoft Chairman and CEO Satya Nadella speaks in front of the OpenAI logo at the Microsoft Build conference in Seattle, Washington, on May 19, 2025. Jason Redmond | AFP | Getty Images The $4 trillion club has a second member, at least based on after-hours trading. Following a better-than-expected earnings report on Wednesday, Microsoft shares
Microsoft tops $4 trillion in market cap after hours, joining Nvidia in exclusive club Read More »
The replica of the ARM is an electronic chip board during a collaborative ceremony launching a partnership between Malaysia and ARM Holdings in Kuala Lumpur, Malaysia, on March 5, 2025. Hari Anggara | Nurphoto | Getty Images Arm Holdings shares dipped as much as 9% in after-hours trading on the company’s first-quarter earnings results Wednesday.
Arm shares dip 8% on revenue miss Read More »
The logo of Robinhood Markets is seen at a pop-up event on Wall Street after the company’s initial public offering in New York City on July 29, 2021. Andrew Kelly | Reuters Robinhood beat Wall Street expectations for the second quarter Wednesday. Here is how Robinhood’s results compared to Wall Street estimates, according to analysts
Robinhood reports second-quarter earnings beat with revenue climbing 45% over last year Read More »
Geothermal energy has been used for thousands of years, powering heating systems as early as the 14th century. It’s getting a big upgrade. Beyond geothermal, there’s superhot geothermal, which uses ultra-deep drilling to access extremely hot rocks, extracting 5 to 10 times more power per well. Quaise Energy, a Massachusetts-based startup, is in the market
Superhot geothermal energy could unearth big power boost for the AI era Read More »
Foxconn Hon Hai Technology Group signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images Foxconn on Wednesday said it is taking a stake in TECO Electric & Machinery Co., as it looks to supercharge its efforts to become
iPhone maker Foxconn joins $1 trillion AI data center market with new alliance Read More »
Piotr Swat | Lightrocket | Getty Images Palo Alto Networks will take over Israeli identity security provider CyberArk in a deal valued at roughly $25 billion. The California-based cybersecurity company will pay $45 a share for CyberArk, representing a 26% premium to its share price Friday. Shares of Palo Alto fell more than 7% before
Palo Alto Networks to acquire CyberArk in $25 billion deal Read More »
Apple CEO Tim Cook and Senior Vice President of Software Engineering Craig Federighi speak during Apple’s annual World Wide Developers Conference at the company’s headquarters in Cupertino, California, U.S., June 9, 2025. Laure Andrillon | Reuters While its megacap tech peers are bragging about building island-sized data centers filled with Nvidia chips to power artificial
Apple is facing pressure from Wall Street to figure out its AI strategy Read More »
