In this article TSLA TWTR Follow your favorite stocksCREATE FREE ACCOUNT SpaceX Chief Engineer Elon Musk takes part in a joint news conference with T-Mobile CEO Mike Sievert (not pictured) at the SpaceX Starbase, in Brownsville, Texas, U.S., August 25, 2022. Adrees Latif | Reuters Tesla CEO Elon Musk is now in charge of Twitter,
Technology
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, chief executive officer of Meta Platforms Inc., demonstrates the Meta Quest Pro during the virtual Meta Connect event in New York, US, on Tuesday, Oct. 11, 2022. Michael Nagle | Bloomberg | Getty Images Shares of Meta plunged 24% Thursday morning as investors
In this article META MMAT Follow your favorite stocksCREATE FREE ACCOUNT Meta shares continued their 2022 freefall, plunging 19% in extended trading on Wednesday after Facebook’s parent issued a weak forecast for the fourth quarter and came up well short of Wall Street’s expectations for earnings. Earnings per share (EPS): $1.64 vs $1.89 expected, according
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella speaks at the company’s annual shareholder meeting on Nov. 30, 2016, in Bellevue, Washington. Stephen Brashear | Getty Images News | Getty Images Shares of Microsoft dropped as much as 8% early Wednesday, a day after the company released its fiscal
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft shares fell about 7% in extended trading on Tuesday after the company reported softer cloud revenue than expected in its fiscal first quarter and gave weak quarterly guidance. Here’s how the company did: Earnings: $2.35 per share, vs. $2.30 per share as expected by
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Brent Lewin | Bloomberg via Getty Images Amazon announced Tuesday it’s adding Venmo as a payment option at checkout. The feature will begin rolling out in the Amazon app and on amazon.com starting Tuesday, before launching for U.S. users by Black Friday on Nov. 25,
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Drew Angerer | Getty Images News | Getty Images Altimeter Capital Chair and CEO Brad Gerstner said in an open letter to the company and CEO Mark Zuckerberg on Monday that Meta has too many employees and is moving too slowly to retain the confidence
In this article BABA BIDU 9988-HK 700-HK 9888-HK 3690-HK Follow your favorite stocksCREATE FREE ACCOUNT China’s President Xi Jinping speaking at the opening session of the 20th Chinese Communist Party’s Congress at the Great Hall of the People in Beijing on Oct. 16, 2022. Noel Celis | AFP | Getty Images Chinese technology stocks tanked
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Apple’s vice president of industrial design, Evans Hankey, is leaving the company, Apple confirmed to CNBC on Friday. Hankey took
Samuel Bankman-Fried, founder and CEO of FTX, testifies during a Senate Committee on Agriculture, Nutrition and Forestry hearing about “Examining Digital Assets: Risks, Regulation, and Innovation,” on Capitol Hill in Washington, DC, on February 9, 2022. Saul Loeb | AFP | Getty Images A network of political action committees supported by cryptocurrency industry leaders are
After years of anticipation, the cryptocurrency ethereum finally implemented a major network upgrade that completely changes how the blockchain verifies transactions, mints new coins and secures its network. Called proof-of-stake, this system has reduced ethereum’s energy consumption by more than 99%. Energy usage has been one of the cryptocurrency industry’s biggest targets for critique. But
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple iOS 16 Source: Apple Apple’s newest update to its iPhone operating system, iOS 16.1, will be available on Monday, the company announced in a press release Thursday. It will launch for iPhone users with an iPhone 8 or newer models, and it adds quite
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Level Home Apple stores in the U.S. are now selling an exterior door lock that can be unlocked by a user’s Apple Watch or iPhone. The $329 Level Lock+ is the first Home Key-supported lock that’s been sold in Apple stores. When the Level Lock+,
In this article SNAP Follow your favorite stocksCREATE FREE ACCOUNT Evan Spiegel, CEO of SNAP Inc. Stephen Desaulniers | CNBC Shares of Snap fell about 28% in premarket trading Friday morning after investors continued to digest the company’s third-quarter earnings report that was released Thursday night. The company posted an unexpected profit, but revenue missed
In this article SNAP Follow your favorite stocksCREATE FREE ACCOUNT Snap shares plummeted more than 25% in extended trading on Thursday after the social media company reported weaker-than-expected revenue for the third quarter. It’s Wall Street’s first peak into the current state of the struggling online ad market. Here are the key numbers. Earnings per
In this article IBM Follow your favorite stocksCREATE FREE ACCOUNT IBM shares rose as much as 6% in extended trading on Wednesday after the technology conglomerate surpassed analysts’ estimates for the third quarter and lifted its growth projection for the full year. Here’s how the company did: Earnings: $1.81 per share, adjusted, vs. $1.77 per
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