Tag Archives: CNBC

Tim Cook is likely visiting China to bolster support for Apple Intelligence, analysts say

The CEO met with China’s Minister of Industry and Information Technology as well as the heads of some local companies, including China Mobile and Weibo.

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Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand

Operating profit for the third-quarter hit 7.03 trillion won ($5.08 billion), a record high, beating LSEG forecast of 6.8 trillion won.

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IBM stock slips on disappointing consulting and infrastructure revenue

IBM’s critical software category performed well due to Red Hat’s gains, but the consulting and infrastructure segments pulled down overall results.

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Tesla investors have a lot of questions for Musk about Trump

On a forum that Tesla uses to solicit questions from investors ahead of earnings, there are a bunch of questions about Republican nominee Donald Trump.

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Apple releases new preview of its AI, including ChatGPT integration

Apple on Wednesday released a beta version of a slew of Apple Intelligence features, including its long-awaited ChatGPT integration.

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Apple analyst Kuo says company cut iPhone 16 orders by 10 million units

Apple shares slid on Wednesday after industry supply chain analyst Ming-Chi Kuo said the company has cut orders for the iPhone 16 by about 10 million units.

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Inside the fall of 23andMe

Once worth $6 billion, 23andMe has lost 98% of its value and is on the verge of being delisted from the Nasdaq. So what happened?

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Here’s why China has been testing its autonomous car technology in the U.S. for years

Didi, WeRise, Pony.ai, Baidu and AutoX drove over 1.6 million test miles on California’s roads between 2017 and 2023.

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How trolls, lawsuits and layoffs led to a ‘trust and safety winter’ for misinformation ahead of election

Misinformation researchers say they are facing a more treacherous landscape this election season than in the past, fueled by online trolls and lawsuits.

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Stripe’s $1.1 billion deal for crypto firm Bridge marks much-needed win for VCs

Investors that got into Bridge Network a few months ago are tripling their money after Stripe agreed to buy the crypto company this week.

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