Tag Archives: CNBC

Larry Ellison wraps up banner year as Oracle’s stock rallies most since dot-com boom

Oracle shares have jumped 63% in 2024 and are headed for their best year since 1999, adding over $75 billion to Larry Ellison’s net worth.

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AI and crypto drove gains in this year’s top 5 tech stocks

The promises of artificial intelligence and the rally in crypto prices were the main drivers of the best-performing tech stocks of 2024.

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Digital health companies got pummeled by Wall Street in 2024 as industry adapts to post-Covid slowdown

It’s been nearly five years since the coronavirus broke out in the U.S., but digital health companies are still reeling.

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Silicon Valley’s White House influence grows as Trump taps tech execs for key roles

Trump nominated top tech leaders for key spots in his administration, including executives who’ve held roles at Andreessen Horowitz and PayPal.

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Mark Zuckerberg went all in on Meta’s AI strategy this year. The pressure builds in 2025

Generative AI technology has become Meta’s priority, directly impacting the company’s business and potentially paving the road to future revenue opportunities.

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MicroStrategy rides ‘red sweep’ to 477% gain in 2024, topping almost all U.S. stocks

Of the 439,000 bitcoin that MicroStrategy owns, more than one-third have been purchased since Trump’s election victory last month.

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US launches new probe into legacy Chinese chips as tech pressure on Beijing escalates

The Biden administration launched a new probe into legacy Chinese semiconductors that may go into everything from cars to household goods and defense systems.

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What Google’s quantum computing breakthrough Willow means for the future of bitcoin and other cryptos

Google’s new chip Willow made a big statement that quantum computing is coming to the real world. That could also mean a future of cryptocurrency hacking.

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House Democrats say GOP caved to Musk in funding bill, protecting his China interests

The funding bill that Congress passed over the weekend could have gone further if not for Elon Musk’s influence over Republicans, House Democrats say.

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Elon Musk endorses far-right Alternative for Germany party in upcoming election

While he gains power in the incoming Trump administration, Elon Musk is using his influence elsewhere, endorsing a far-right party in Germany.

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