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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.
Chinese tech giant Tencent's quarterly revenue rises 15%, fueled by AI
Tencent on Thursday posted 15% year-on-year revenue growth, with AI boosting the Chinese tech giant's performance in advertising targeting and gaming.
CNBC Daily Open: There's the AI market, and then there's 'everything else'
What investors would really like is if fork in the markets merges into one. That tends to be the safer path to take.
We're increasing our Cisco Systems price target after an AI-fueled beat and raise
Another quarter of double-digit order growth proves Cisco is an underrated winner from the AI infrastructure buildout.
CNBC Daily Open: An AI and 'everything else' market in play in the U.S.
What investors would really like is if fork in the markets merges into one. That tends to be the safer path to take.
Firefly Aerospace shares jump 15% on strong revenues, boosted guidance
Firefly Aerospace, which went public in August on the Nasdaq, issued better-than-expected third-quarter results and lifted its guidance.
Cisco's stock jumps on earnings beat, strong guidance and $1.3 billion in AI orders
Cisco has returned to growth this year after revenue dropped in 2024, but Wall Street is waiting to see if the company can be a major player in AI.
Defense startup Govini founder Eric Gillespie charged in child sex sting
Govini has a $900-million U.S. government contract and multiple deals with the Pentagon.
What Anthropic's $50 billion AI infrastructure investment means for these 3 portfolio stocks
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
AI startup Code Metal is going beyond vibe coding with the help of $36 million in fresh capital
Code Metal has raised $36.5 million in a funding round led by Accel.
Waymo begins offering freeway robotaxi rides in San Francisco, LA and Phoenix
The Google sister company has been testing robotaxi freeway rides with employees for more than a year.
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