Eugene Mymrin | Moment | Getty Images All computing devices require a part called memory, or RAM, for short-term data storage, but this year, there won’t be enough of these essential components to meet worldwide demand. That’s because companies like Nvidia, Advanced Micro Devices and Google need so much RAM for their artificial intelligence chips, […]
AI memory is sold out, causing an unprecedented surge in prices Read More »
George Conrades, then chairman and CEO of Akamai Technologies, listens during a meeting of the National Infrastructure Advisory Council in Washington on April 13, 2004. Jay Mallin | Bloomberg | Getty Images Oracle said Friday that two longtime directors, both octogenarians, have resigned from the board. George Conrades, former CEO of content network distribution company
Oracle announces departure of two oldest directors, narrowing board to 12 Read More »
The Camp Jeep outdoor terrain at the New York International Auto Shown on April 16, 2025. Danielle DeVries | CNBC DETROIT – Stellantis is scrapping its plug-in hybrid electric Jeep SUVs and Chrysler minivan amid slowing EV sales, quality issues and weakened federal fuel economy requirements. The automaker on Friday said the decision to end
Stellantis scraps Jeep, Chrysler plug-in hybrid vehicles amid EV slowdown, recall Read More »
Yuichiro Chino | Moment | Getty Images For executives and founders who have gotten rich off one stock, sometimes it is possible to have too much of a good thing. While the tech stock boom has meant a windfall for employees at high-flying companies, it’s risky to have too much of your net worth tied
As tech stocks soar, executives use exchange funds to diversify wealth without selling Read More »
General atmosphere during an IMAX private screening for the movie “First Man” at an AMC theater in New York City on Oct. 10, 2018. Lars Niki | Getty Images Entertainment | Getty Images The theatrical industry is in flux — and one stock is rising above the rest. IMAX saw its shares jump more than
How IMAX crushed other theater stocks in 2025 Read More »
The logo for MiniMax Group Inc. on a smartphone in Shanghai, China. Bloomberg | Bloomberg | Getty Images China-based AI startup MiniMax surged as much as 90% on its first day of trading in Hong Kong on Friday, becoming the second major Chinese developer of large language models to go public. The company raised HK$4.8 billion
MiniMax surges in Hong Kong debut, marking yet another Chinese AI listing Read More »
Pedestrians walk past a Saks Fifth Avenue store on Dec. 30, 2025 in Chicago, Illinois. Scott Olson | Getty Images Beleaguered retail chain Saks Global is struggling to line up as much as $1 billion in financing to keep its business afloat during a potential Chapter 11 bankruptcy filing, CNBC has learned. The luxury chain
Saks Global struggles to line up financing as potential bankruptcy filing looms Read More »
Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Intel shares rose 2% in extended trading on Thursday after President Donald Trump posted a flattering message on social media about the chipmaker
GM Hummer EV production in Detroit. Photo by Jeffrey Sauger for General Motors DETROIT – General Motors said Thursday it will record $7.1 billion in special charges for the fourth quarter of last year related to its pullback in electric vehicles and restructuring efforts in China. The Detroit automaker said in a public filing that
A Ford mustang is seen at a used car dealership in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty Images DETROIT – Prices of used vehicles are expected to rise this year but at a historically stable rate, according to auto data and insights firm Cox Automotive. Cox on Thursday
Used vehicle pricing expected to increase 2% in 2026, a historically stable rate Read More »
