Technology News Archives | Page 18 Of 104

StubHub stock plummets 24% after company withholds fourth-quarter guidance

In this photo illustration, the StubHub logo and webpage are displayed on a cell phone and computer monitor on April 17, 2024 in Los Angeles, California. Mario Tama | Getty Images StubHub‘s stock plummeted 24% on Friday after the company withheld financial guidance for the current quarter, citing a “long-term” focus. StubHub CEO Eric Baker […]

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D.R. Horton is tapping a startup’s AI zoning tool to build more homes

Technology News

D.R. Horton signage stands in front of homes under construction at the Eastridge Woods development in Cottage Grove, Minnesota. Daniel Acker | Bloomberg | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from

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Uber will start taking skiers to the slopes at over 40 resorts across U.S. and Europe

Technology News

Omar Marques | Lightrocket | Getty Images With ski season approaching, Uber wants to take you to the slopes. The ride-hailing company on Thursday announced Uber Ski, which will allow users to book a ride to and from nearly 40 mountains in the U.S., Canada, Switzerland, and France, according to a release. The services is

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Musk’s xAI raises billion in latest funding round

Musk’s xAI raises $15 billion in latest funding round

Technology News

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 artificial intelligence company xAI has raised $15 billion from investors, sources familiar with the matter told CNBC’s David Faber. The funding adds another $5 billion

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Joby Aviation wraps up first military aircraft test flight with partner L3Harris

Technology News

Joby Aviation’s hybrid aircraft. Courtesy: Joby Aviation Joby Aviation completed the first test flight of its hybrid defense aircraft, three months after the company teamed up with government contractor L3Harris on the project. The successful launch occurred on Nov. 7, at Joby’s facility in Marina, California, the company said on Thursday. Chairman Paul Sciarra told

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Nvidia supplier Foxconn third-quarter profit beats expectations, rising 17% on AI demand

Technology News

Foxconn Chairman Young Liu delivers a speech during the Hon Hai Tech Day in Taipei on Oct. 18, 2023. I-hwa Cheng | AFP | Getty Images Foxconn, the world’s largest contract electronics maker, said Wednesday that its third-quarter profit jumped 17% from a year earlier, driven by growth in its artificial intelligence server business. Here’s

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Rocket Lab rises 5% on record third-quarter revenue, launch backlog

Technology News

Rocket Lab‘s stock rose as much as 5% on Tuesday after the space company posted record revenues in the third-quarter as it scoops up more launch deals and builds its backlog. The company, which makes satellites and rockets and provides launch services to its customers, on Monday reported revenue of $155 million for the period.

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Paramount cuts costs, SoftBank sells its Nvidia stake, Warren Buffett’s new tradition and more in Morning Squawk

Technology News

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 10, 2025. Brendan McDermid | Reuters This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. The reopening trade

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Apple removes gay dating apps from Chinese App Store at Beijing’s request

Technology News

Flag of China and LGBT rainbow flag Alxeypnferov | Istock | Getty Images Apple has confirmed that it has removed two popular gay dating apps from its Chinese iOS Store, following an order from Beijing’s main internet regulator and censorship authority. It comes following reports of the apps — Blued and Finka — suddenly disappearing

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CNBC Daily Open: Days of declines won’t keep AI trade down

Technology News

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 10, 2025. Brendan McDermid | Reuters Investors piled back into artificial intelligence names on Monday stateside. Shares of Nvidia jumped 5.8%, Broadcom advanced 2.6% and Microsoft climbed 1.9% to end its eight-day losing streak, its longest consecutive

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