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AppLovin shares pop on earnings beat as it announces sale of mobile gaming business

AppLovin shares pop on earnings beat as it announces sale of mobile gaming business

Technology News

Thomas Fuller | SOPA Images | Lightrocket | Getty Images AppLovin shares soared as high as 15% in extended trading after the company reported earnings and revenue that beat expectations and announced the sale of its mobile gaming business. Here’s how the company did compared to LSEG consensus estimates: Earnings: $1.67 per share vs $1.45 […]

AppLovin shares pop on earnings beat as it announces sale of mobile gaming business Read More »

AMD CEO Lisa Su calls China a ‘large opportunity’ and warns against strict U.S. chip controls

AMD CEO Lisa Su calls China a ‘large opportunity’ and warns against strict U.S. chip controls

Technology News

Advanced Micro Devices CEO Lisa Su said China is a “large opportunity” market for the semiconductor and artificial intelligence industry even as export controls and evolving tariff plans loom over the world’s second-largest economy. “There should be a balance between export controls for national security as well as ensuring that we get the widest possible

AMD CEO Lisa Su calls China a ‘large opportunity’ and warns against strict U.S. chip controls Read More »

Tech giant Seagate sees hard drive capacity tripling by 2030 on booming AI demand

Tech giant Seagate sees hard drive capacity tripling by 2030 on booming AI demand

Technology News

Seagate Technology’s headquarters in Scotts Valley, California. Tony Avelar | Bloomberg | Getty Images Data storage firm Seagate is working to develop a 100-terabyte hard drive by 2030, touting blistering demand from data centers for the 70-year-old technology in the artificial intelligence boom. BS Teh, Seagate’s chief commercial officer, told CNBC that the company is

Tech giant Seagate sees hard drive capacity tripling by 2030 on booming AI demand Read More »

Uber CEO says changing employee benefits ‘is a risk we decided to take’

Uber CEO says changing employee benefits ‘is a risk we decided to take’

Technology News

Uber CEO, Dara Khosrowshahi speaks during the “Intentional Equity in Sustainability” conversation at the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week in San Francisco, California, on November 15, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Uber CEO Dara Khosrowshahi last week told employees “it is what it is” at a heated all-hands meeting after the

Uber CEO says changing employee benefits ‘is a risk we decided to take’ Read More »

SpaceX gets FAA permission for fivefold increase in Starship launches from Texas

SpaceX gets FAA permission for fivefold increase in Starship launches from Texas

Technology News

The Super Heavy booster returns to its launch pad after the SpaceX Starship continued to space after it was launched on its eighth test at the company’s Boca Chica launch pad in Brownsville, Texas, U.S., March 6, 2025.  Joe Skipper | Reuters SpaceX has been granted permission by the Federal Aviation Administration to launch and

SpaceX gets FAA permission for fivefold increase in Starship launches from Texas Read More »

58 crypto wallets have made millions on Trump’s meme coin. 764,000 have lost money, data shows

58 crypto wallets have made millions on Trump’s meme coin. 764,000 have lost money, data shows

Technology News

About 764,000 wallets that purchased President Donald Trump’s $TRUMP meme coin have lost money on the investment, according to fresh data shared with CNBC by blockchain analytics firm Chainalysis. Most of the wallets that lost money held smaller amounts of the token, according to the firm’s on-chain analysis. Crypto wallets are accounts that store the

58 crypto wallets have made millions on Trump’s meme coin. 764,000 have lost money, data shows Read More »

EA tops fourth-quarter bookings as CEO touts ‘Battlefield’ reveal

EA tops fourth-quarter bookings as CEO touts ‘Battlefield’ reveal

Technology News

Visitors play the EA Sports FC 25 game in front of a placard with England’s midfielder Jude Bellingham at the Electronic Arts booth during the media day at the Gamescom video games trade fair in Cologne, western Germany, on Aug. 21, 2024. Ina Fassbender | AFP | Getty Images Electronic Arts topped fiscal fourth-quarter bookings

EA tops fourth-quarter bookings as CEO touts ‘Battlefield’ reveal Read More »

Amazon’s Zoox robotaxi unit issues software recall after recent Las Vegas crash

Amazon’s Zoox robotaxi unit issues software recall after recent Las Vegas crash

Technology News

A Zoox autonomous robotaxi in San Francisco, California, US, on Wednesday, Dec. 4, 2024.  David Paul Morris | Bloomberg | Getty Images Amazon‘s Zoox issued a software recall for 270 of its robotaxis after a crash in Las Vegas last month, the company said Tuesday. The recall surrounds a defect with the vehicle’s automated driving

Amazon’s Zoox robotaxi unit issues software recall after recent Las Vegas crash Read More »

Palantir falls 12% as analysts raise international growth concerns

Palantir falls 12% as analysts raise international growth concerns

Technology News

Palantir co-founder and CEO Alex Karp speaks during the Hill & Valley Forum at the US Capitol Visitor Center Auditorium in Washington, DC, on April 30, 2025. Brendan Smialowski | Afp | Getty Images Palantir shares dropped more than 10% Tuesday even after the data analytics and artificial intelligence software company showed ongoing revenue growth

Palantir falls 12% as analysts raise international growth concerns Read More »

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