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Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.
Snowflake surges 35% toward best day ever on AI frenzy, fueling software rally
The Snowflake rally also lifted shares of ServiceNow, Oracle and Palantir, while Salesforce bucked the trend.
Wix laying off about 20% of its workforce. CEO cites AI, exchange rates in announcing cut
Israel-based web development company Wix is cutting about 20% of its workforce, CEO Avishai Abrahami said.
U.S.-Iran strikes, Snowflake soars, Robinhood's new AI tools and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Oura is launching its smallest smart ring yet, shrinking wearable design by 40%
Oura, the smart ring maker, is set to launch what it says will be the smallest smart ring available in the growing wearables market.
Ro Khanna is taking his economic message on the road. Will it lead to the White House?
Rep. Ro Khanna wasn't in the Rust Belt to campaign. But he could be soon.
This AI stock is surging after an ex-OpenAI employee's fund disclosed a stake. Here's why
Dutch cloud provider Nebius popped in premarket trading after an ex-OpenAI employee's fund took a sizeable stake in the firm,
Mistral to explore designing own chips, CEO says, as it ramps up infrastructure build
Mistral's semiconductor ambitions underscore the French startup's bid to control more of its infrastructure as it competes with OpenAI and Anthropic.
LG Energy Solution's shares surge as much as 16% after landing major U.S. battery storage deal
The deal comes as the South Korean battery company expands its energy storage systems business in the U.S.
Former CIA chief Petraeus says drone swarms are the next danger — and growth opportunity
Unmanned systems will be one of the biggest security threats and structural growth opportunities in defense over the next decade: David Petraeus
Mark Zuckerberg says a Meta cloud computing business 'definitely on the table'
Meta CEO Mark Zuckerberg said his company could enter the cloud computing market if it overspends on data centers and has excess capacity.
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