Snowflake Inc. signage on the floor of the New York Stock Exchange in New York, US, on Jan. 2, 2025. Michael Nagle | Bloomberg | Getty Images Snowflake shares jumped 12% on Thursday, climbing to their highest level since early last year after the data analytics company reported better-than-expected quarterly results. Revenue in the fiscal […]
Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Kraken, a crypto exchange that has spent years in court battling charges brought by the U.S. Securities and Exchange Commission over its digital asset offerings, is preparing to offer tokenized securities, including shares of Apple, Tesla, and Nvidia, to
Kraken opening digital tokens of Apple, Tesla and Nvidia to people outside the U.S. Read More »
Behind highly secured doors in a giant lab in the Netherlands, there’s a machine that’s transforming how microchips are made. ASML spent nearly a decade developing High NA, which stands for high numerical aperture. With a price tag of more than $400 million, it’s the world’s most advanced and expensive chipmaking machine. CNBC went to
Exclusive look at the making of High NA, ASML’s new $400 million chipmaking colossus Read More »
U.S. President Donald Trump sits next to Crypto czar David Sacks at the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. Evelyn Hockstein | Reuters President Donald Trump’s top crypto and AI advisor David Sacks said Wednesday that the administration expects the stablecoin legislation moving through the Senate
Hinge Health’s TrueMotion feature. Courtesy: Hinge Health Hinge Health priced its IPO at $32 per share on Wednesday, at the top end of the expected range. The digital physical therapy startup sold 8.52 million shares in the offering, raising about $273 million. The total offering was for 13.7 million shares, with the balance being sold
Hinge Health prices IPO at $32, the top end of expected range Read More »
The artificial intelligence boom has sent energy demand soaring. Some of the supercomputers sucking up all that power are helping to find new energy sources. Fusion energy is the process of forcing two hydrogen atoms to combine and form one helium atom, which releases huge amounts of power. It uses a stellarator, a type of fusion
Here’s how fusion energy could power your home or an AI data center Read More »
The Amazon Prime logo is displayed on Amazon delivery trucks in Richmond, California, June 21, 2023. Justin Sullivan | Getty Images Department of Justice officials on Tuesday charged members or associates of an Armenian organized crime ring with stealing more than $83 million worth of cargo from Amazon by posing as legitimate truck drivers and
Armenian organized crime rings charged with stealing $83 million in Amazon cargo Read More »
Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC Elon Musk said Tuesday that he expects Tesla and xAI will continue buying chips from semiconductor giants Nvidia and AMD, and possibly others. Musk’s artificial intelligence company, xAI, which now owns X (formerly Twitter) has already installed 200,000 GPUs at its Colossus facility in
Elon Musk says Tesla, xAI expect to keep buying chips from Nvidia and AMD Read More »
The Warby Parker store in Harvard Square in Cambridge, Massachusetts. Pat Greenhouse | Boston Globe | Getty Images Warby Parker shares surged more than 15% after Google announced a smart glasses partnership at the tech company’s annual developer conference. Google has committed up to $150 million as part of the agreement. The company has committed
Warby Parker pops 15% on $150 million Google smart glasses partnership Read More »
Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC Tesla CEO Elon Musk confirmed that the company will have robotaxis on the streets of Austin, Texas, by the end of June. In an interview with CNBC’s David Faber on Tuesday at the company’s headquarters in Austin, Musk said Tesla aims to bring
Elon Musk confirms Tesla plan for robotaxis on Austin roads in June Read More »
