Technology Archives - Page 22 of 348

Affirm CEO says furloughed federal employees are starting to lose interest in shopping

Affirm CEO says furloughed federal employees are starting to lose interest in shopping

Affirm CEO Max Levchin said Friday that while the buy now, pay later firm isn’t seeing credit stress among federally employed borrowers due to the government...

Block sinks 10% after weak third quarter results miss Wall Street estimates

Technology1 month ago

Block sinks 10% after weak third quarter results miss Wall Street estimates

Block shares fell 10% Friday after weak third-quarter earnings fell short of Wall Street expectations and showed slowing profit growth for the company’s Square service. Here...

Archer tanks 12% after air taxi maker sells additional 85 million shares, buys LA-area airport

Technology1 month ago

Archer tanks 12% after air taxi maker sells additional 85 million shares, buys LA-area airport

Courtesy: Archer Aviation Archer Aviation‘s stock plummeted 12% after a share sale overshadowed a narrower-than-expected third-quarter loss. The company posted a net loss $129.9 million, narrower...

Trump budget cuts, agency gutting, leave Americans and economy at greater risk of being hacked, experts warn

Technology1 month ago

Trump budget cuts, agency gutting, leave Americans and economy at greater risk of being hacked, experts warn

Almost a year into the second Trump administration, public sector leaders and cybersecurity experts say budget cuts and gutting of federal agencies are weakening critical lines...

Musk's trillion pay, a price cut for obesity drugs, Target's in-store woes and more in Morning Squawk

Technology1 month ago

Musk’s $1 trillion pay, a price cut for obesity drugs, Target’s in-store woes and more in Morning Squawk

Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters This is CNBC’s Morning Squawk...

AI valuation fears grip global investors as tech bubble concerns grow

Technology1 month ago

AI valuation fears grip global investors as tech bubble concerns grow

A trader works on the floor of the New York Stock Exchange on Oct. 30, 2025 in New York. Angela Weiss | AFP | Getty Images...

CEO of Southeast Asia's largest bank warns investors: 'Buckle up, we're in for a volatile ride'

Technology1 month ago

CEO of Southeast Asia’s largest bank warns investors: ‘Buckle up, we’re in for a volatile ride’

Tan Su Shan is the CEO and director of DBS Group. Bloomberg | Bloomberg | Getty Images With valuations in the U.S. stock market becoming increasingly...

Elon Musk says Tesla needs to build 'gigantic chip fab' to meet AI and robotics needs

Technology1 month ago

Elon Musk says Tesla needs to build ‘gigantic chip fab’ to meet AI and robotics needs

Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla CEO Elon Musk says...

CNBC Daily Open: Tech had a rough day in the markets — its employees had a worse October

Technology1 month ago

CNBC Daily Open: Tech had a rough day in the markets — its employees had a worse October

Traders works on the floor of the New York Stock Exchange. NYSE October’s job losses in the U.S. were nearly twice as high as a month...

SoftBank stares at over billion in weekly losses after stock drops 8% as investors sour on AI plays

Technology1 month ago

SoftBank stares at over $50 billion in weekly losses after stock drops 8% as investors sour on AI plays

The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | Reuters Shares of Japan’s SoftBank Group resumed...

Sam Altman says OpenAI will top billion in annualized revenue this year, hundreds of billions by 2030

Technology1 month ago

Sam Altman says OpenAI will top $20 billion in annualized revenue this year, hundreds of billions by 2030

OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters...

Apple's AI roadmap looks brighter — plus, Costco delivers upbeat sales numbers

Technology1 month ago

Apple’s AI roadmap looks brighter — plus, Costco delivers upbeat sales numbers

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading...

Meta reportedly projected 10% of 2024 sales came from scam, fraud ads

Technology1 month ago

Meta reportedly projected 10% of 2024 sales came from scam, fraud ads

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during a dinner with tech leaders in the State Dining Room of the White House in Washington,...

Trump AI czar Sacks says 'no federal bailout for AI' after OpenAI CFO's comments

Technology1 month ago

Trump AI czar Sacks says ‘no federal bailout for AI’ after OpenAI CFO’s comments

David Sacks, White House AI and Crypto Czar, attends a meeting of the White House Task Force on Artificial Intelligence (AI) Education in the East Room...

Microsoft forms superintelligence team under AI chief Suleyman 'to serve humanity'

Technology1 month ago

Microsoft forms superintelligence team under AI chief Suleyman ‘to serve humanity’

Mustafa Suleyman, CEO of Microsoft AI and then CEO and co-founder of Inflection AI, speaks during the Axios BFD event in New York on Oct. 12,...

Doordash stock drops 15%, heads for worst day ever on spending concerns

Technology1 month ago

Doordash stock drops 15%, heads for worst day ever on spending concerns

Cheng Xin | Getty Images Doordash‘s stock plummeted toward its worst session ever as investors rejected the company’s aggressive spending strategy. The food delivery platform said...

Datadog's stock soars 20% on revenue beat, strong forecast

Technology1 month ago

Datadog’s stock soars 20% on revenue beat, strong forecast

Omar Marques | SOPA Images | Lightrocket | Getty Images Datadog shares jumped 20% on Thursday after the software company reported third-quarter revenue that topped Wall...

OpenAI CFO Sarah Friar says company isn't seeking government backstop, clarifying prior comment

Technology1 month ago

OpenAI CFO Sarah Friar says company isn’t seeking government backstop, clarifying prior comment

Sarah Friar, CFO of OpenAI, appears on CNBC’s Squawk Box on August 20, 2025. CNBC OpenAI CFO Sarah Friar said late Wednesday that the artificial intelligence...

Snap stock surges 13% after announcing Perplexity AI deal, reporting strong revenue

Technology1 month ago

Snap stock surges 13% after announcing Perplexity AI deal, reporting strong revenue

Scott Olson | Getty Images Snap stock surged 13% on Thursday after announcing a $400 million deal with Perplexity AI and releasing its third-quarter financial results....

Duolingo stock plunges 27% on light guidance as company prioritizes user growth

Technology1 month ago

Duolingo stock plunges 27% on light guidance as company prioritizes user growth

Cheng Xin | Getty Images Duolingo‘s stock cratered 27% on lighter-than-expected guidance as the language learning platform zeroed in on user growth in lieu of near-term...

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Affirm CEO says furloughed federal employees are starting to lose interest in shopping

Block sinks 10% after weak third quarter results miss Wall Street estimates

Archer tanks 12% after air taxi maker sells additional 85 million shares, buys LA-area airport

Trump budget cuts, agency gutting, leave Americans and economy at greater risk of being hacked, experts warn

Musk’s $1 trillion pay, a price cut for obesity drugs, Target’s in-store woes and more in Morning Squawk

AI valuation fears grip global investors as tech bubble concerns grow

CEO of Southeast Asia’s largest bank warns investors: ‘Buckle up, we’re in for a volatile ride’

Elon Musk says Tesla needs to build ‘gigantic chip fab’ to meet AI and robotics needs

CNBC Daily Open: Tech had a rough day in the markets — its employees had a worse October

SoftBank stares at over $50 billion in weekly losses after stock drops 8% as investors sour on AI plays

Sam Altman says OpenAI will top $20 billion in annualized revenue this year, hundreds of billions by 2030

Apple’s AI roadmap looks brighter — plus, Costco delivers upbeat sales numbers

Meta reportedly projected 10% of 2024 sales came from scam, fraud ads

Trump AI czar Sacks says ‘no federal bailout for AI’ after OpenAI CFO’s comments

Microsoft forms superintelligence team under AI chief Suleyman ‘to serve humanity’

Doordash stock drops 15%, heads for worst day ever on spending concerns

Datadog’s stock soars 20% on revenue beat, strong forecast

OpenAI CFO Sarah Friar says company isn’t seeking government backstop, clarifying prior comment

Snap stock surges 13% after announcing Perplexity AI deal, reporting strong revenue

Duolingo stock plunges 27% on light guidance as company prioritizes user growth

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