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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.