Elon Musk, chief executive officer of Tesla Inc., during a meeting between US President Donald Trump and Cyril Ramaphosa, South Africa’s president, not pictured, in the Oval Office of the White House in Washington, DC, US, on Wednesday, May 21, 2025. Jim Lo Scalzo | Bloomberg | Getty Images Tesla shares have dropped 7% from […]
Tesla shares drop on Musk, Trump feud ahead of Q2 deliveries Read More »
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 Design software company Figma filed for an IPO on Tuesday, and plans to trade on the New York Stock Exchange under ticker symbol FIG. The offering would
Figma files for IPO on Nasdaq, plans to ‘take big swings’ with M&A Read More »
An image of a Quantix drone made by AeroVironment. David Mcnew | Getty Images News | Getty Images AeroVironment shares fell 7% Tuesday after the defense contractor said it plans to offer $750 million in common stock and $600 million in convertible senior notes due in 2030 to repay debt. The drone maker said it
AeroVironment stock drops 7% on offering plan to pay off debt Read More »
Jaque Silva | Nurphoto | Getty Images Internet firm Cloudflare will start blocking artificial intelligence crawlers from accessing content without website owners’ permission or compensation by default, in a move that could significantly impact AI developers’ ability to train their models. Starting Tuesday, every new web domain that signs up to Cloudflare will be asked
Web giant Cloudflare to block AI bots from scraping content by default Read More »
In recent years, the company has transformed from a competent private sector telecommunications firm into a “muscular technology juggernaut straddling the entire AI hardware and software stack,” said Paul Triolo, partner and senior vice president for China at advisory firm DGA-Albright Stonebridge Group. Ramon Costa | SOPA Images | Lightrocket | Getty Images Huawei has
China’s Huawei open-sources AI models as it seeks adoption across the global AI market Read More »
Digital illustration of a glowing world map with “AI” text across multiple continents, representing the global presence and integration of artificial intelligence. Fotograzia | Moment | Getty Images As artificial intelligence becomes more democratized, it is important for emerging economies to build their own “sovereign AI,” panelists told CNBC’s East Tech West conference in Bangkok,
Traders work on the floor at the New York Stock Exchange (NYSE), on the day of Circle Internet Group’s IPO, in New York City, U.S., June 5, 2025. Brendan McDermid | Reuters Stablecoin issuer Circle Internet Group has applied for a national trust bank charter, moving forward on its mission to bring stablecoins into the
Stablecoin issuer Circle applies for a national bank charter Read More »
Oracle CEO Safra Catz speaks at the FII PRIORITY Summit in Miami Beach, Florida, on Feb. 20, 2025. Joe Raedle | Getty Images Oracle shares jumped more than 5% after a recent filing showed a cloud deal that would add over $30 billion annually. CEO Safra Catz is slated to share the deal news at
Oracle stock jumps after $30 billion annual cloud deal revealed in filing Read More »
Tom Lee Adam Jeffery | CNBC Fundstrat’s Tom Lee is joining a little known bitcoin miner aiming to become the biggest publicly traded holder of ether. Lee, a high-profile market strategist known for his prescient bitcoin price forecasts and stock predictions, has been appointed chairman of the board of directors of BitMine Immersion Technologies, effective
Wall Street strategist Tom Lee is aiming to create the MicroStrategy of Ethereum Read More »
U.S. President Donald Trump announced on April 4 that he would again postpone enforcement of a law banning TikTok unless its Chinese owner ByteDance divests from the platform. Vcg | Visual China Group | Getty Images U.S. President Donald Trump told Fox News in an interview aired on Sunday that he has a group of
Trump says he has group of ‘very wealthy people’ ready to buy TikTok Read More »
