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$TRUMP and other meme coins won’t be protected by SEC, Commissioner Hester Peirce says

$TRUMP and other meme coins won’t be protected by SEC, Commissioner Hester Peirce says

Hester Peirce, commissioner of the US Securities and Exchange Commission (SEC), speaks during the DC Blockchain Summit in Washington, D.C., on Tuesday, May 24, 2022. Valerie Plesch | Bloomberg | Getty Images LAS VEGAS — Now that the SEC is out of the business of regulating meme coins, investors shouldn’t expect any guidance on $TRUMP, […]

$TRUMP and other meme coins won’t be protected by SEC, Commissioner Hester Peirce says Read More »

Tesla shares set to wrap strong May as Elon Musk ends time with Trump’s DOGE

Tesla shares set to wrap strong May as Elon Musk ends time with Trump’s DOGE

Elon Musk is interviewed on CNBC from the Tesla headquarters in Texas. CNBC Shares of the Elon Musk-led automaker Tesla have rallied in May despite recent poor car sales numbers for the company in China and Europe, as the billionaire CEO promised to focus more on his businesses than politics. Tesla shares are on track

Tesla shares set to wrap strong May as Elon Musk ends time with Trump’s DOGE Read More »

China calls out Trump for ‘abuse’ of semiconductor export controls

China calls out Trump for ‘abuse’ of semiconductor export controls

Chinese President Xi Jinping and U.S. President Donald Trump. Dan Kitwoodnicholas Kamm | Afp | Getty Images China is calling out the U.S. for “discriminatory restrictions” in its use of export controls in the chip industry, after the Trump administration accused the world’s second-largest economy of violating a preliminary trade deal between the two countries.

China calls out Trump for ‘abuse’ of semiconductor export controls Read More »

Dell shares climb after company raises full-year profit outlook on AI demand

Dell shares climb after company raises full-year profit outlook on AI demand

A Dell Technologies sign is seen in Round Rock, Texas, on June 2, 2023. Brandon Bell | Getty Images Shares of Dell Technologies rose on Thursday in extended trading after the company raised its full-year earnings forecast and issued a stronger-than-expected forecast for the current quarter. However, Dell’s adjusted earnings per share came up short

Dell shares climb after company raises full-year profit outlook on AI demand Read More »

Synopsys pulls full-year guidance, citing new China export restrictions

Synopsys pulls full-year guidance, citing new China export restrictions

Sassine Ghazi, CEO of semiconductor design software firm Synopsys, explains the company’s plans to have artificial intelligence take over parts of designing computer chips at the company’s annual user conference in Santa Clara, California, on March 19, 2025. Stephen Nellis | Reuters Synopsys pulled its guidance for the full fiscal year on Thursday, citing a

Synopsys pulls full-year guidance, citing new China export restrictions Read More »

Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products

Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products

Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025.  Brendan Mcdermid | Reuters Amazon‘s devices unit has a new team tasked with inventing “breakthrough” consumer products that’s being led by a former Microsoft executive who helped create the Xbox. The ZeroOne team is spread across

Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products Read More »

3 key takeaways from Nvidia’s earnings: China blow, cloud strength and AI future

3 key takeaways from Nvidia’s earnings: China blow, cloud strength and AI future

Nvidia reported strong fiscal first-quarter earnings on Wednesday. Wall Street was pleased with Nvidia’s continued sales growth, which hit 69% during the quarter. The company’s data center division continues to surge as companies, countries, and cloud providers snap up Nvidia graphics processors, or GPUs, for artificial intelligence software. “The team continues to maintain a 1-

3 key takeaways from Nvidia’s earnings: China blow, cloud strength and AI future Read More »

Salesforce shares advance on strong results and optimistic forecast

Salesforce shares advance on strong results and optimistic forecast

Salesforce CEO Marc Benioff participates in an interview at the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Chris Ratcliffe | Bloomberg | Getty Images Salesforce shares rose 4% in extended trading on Wednesday after the sales and customer service software maker reported upbeat fiscal first-quarter results and guidance. Here’s how the company

Salesforce shares advance on strong results and optimistic forecast Read More »

JD Vance tells bitcoin conference that stablecoins don’t threaten the dollar

JD Vance tells bitcoin conference that stablecoins don’t threaten the dollar

Vice President JD Vance speaks at Bitcoin 2025, Wednesday, May 28, 2025, in Las Vegas. John Locker | AP LAS VEGAS — Vice President JD Vance used his position on stage at the biggest bitcoin conference of the year to push the Trump administration’s efforts on stablecoin legislation, touting its potential benefits to the U.S.

JD Vance tells bitcoin conference that stablecoins don’t threaten the dollar Read More »

Elon Musk’s xAI partners with messaging app Telegram in 0 million Grok deal

Elon Musk’s xAI partners with messaging app Telegram in $300 million Grok deal

Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe.  Jaap Arriens | Nurphoto | Getty Images Elon Musk’s startup xAI is paying the Dubai-based messaging platform Telegram $300 million to roll out its Grok artificial intelligence chatbot, Telegram CEO Pavel Durov announced in a

Elon Musk’s xAI partners with messaging app Telegram in $300 million Grok deal Read More »

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