Andy Jassy, CEO of Amazon and then CEO of Amazon Web Services, speaks at the WSJD Live conference in Laguna Beach, California, October 25, 2016. Mike Blake | Reuters Throughout its first 25 years as a public company, Amazon has operated under a singular mantra, often to the chagrin of Wall Street: growth is more
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NEW YORK, NEW YORK – MAY 02: Elon Musk attends The 2022 Met Gala Celebrating “In America: An Anthology of Fashion” at The Metropolitan Museum of Art on May 02, 2022 in New York City. (Photo by Theo Wargo/WireImage) Theo Wargo | Wireimage | Getty Images Elon Musk is denying a report by Eurasia Group
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Meta CEO Mark Zuckerberg said on Tuesday that his company’s newest virtual reality headset, dubbed the Meta Quest Pro, will cost $1,500 and start shipping on Oct. 25. Zuckerberg debuted the device at Meta’s Connect conference, geared toward VR and augmented reality developers. The new
In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT Singapore has granted Coinbase regulatory approval to run cryptocurrency-related services in the island state. It is a big win for Coinbase as it continues to expand internationally despite continued pressure on the crypto market. Jakub Porzycki | Nurphoto | Getty Images U.S. cryptocurrency exchange Coinbase
Rowan Trollope, CEO, Five9 Scott Mlyn | CNBC Shares of cloud software vendor Five9 closed down 25% Monday and fell to their lowest since March 2020 after CEO Rowan Trollope announced his resignation. Trollope is leaving to become CEO of a venture-backed pre-IPO startup, he said on Twitter. He is being succeeded by former Five9
A worker at a chips factory in Chongqing, China, on March 30, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — Chinese chip stocks fell Monday after the U.S. announced new export controls aimed at limiting Beijing’s ability to produce advanced military systems. The sweeping rules mean companies must apply for a license
Just a couple of years ago, it seemed that space mining was inevitable. Analysts, tech visionaries and even renowned astrophysicist Neil deGrasse Tyson predicted that space mining was going to be big business. Space mining companies like Planetary Resources and Deep Space Industries, backed by the likes of Google‘s Larry Page and Eric Schmidt, cropped
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Photo illustration of former President Donald Trump and Twitter logos. Getty Images Elon Musk’s renewed efforts to buy Twitter could pave the way for President Donald Trump‘s return to the platform that permanently banned him a year earlier. If Musk follows through on the deal
Zoom In IconArrows pointing outwards Stable Diffusion’s web interface, DreamStudio Screenshot/Stable Diffusion Computer programs can now create never-before-seen images in seconds. Feed one of these programs some words, and it will usually spit out a picture that actually matches the description, no matter how bizarre. The pictures aren’t perfect. They often feature hands with extra
In this article AMD Follow your favorite stocksCREATE FREE ACCOUNT Lisa Su, president and chief executive officer of Advanced Micro Devices (AMD), holds a 3rd generation Ryzen desktop processor while speaking during a keynote session at the 2019 Consumer Electronics Show (CES) in Las Vegas, Jan. 9, 2019. David Paul Morris | Bloomberg | Getty
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk Mike Blake | Reuters Tesla shares dropped nearly 16% during what CEO Elon Musk called a “very intense 7 days indeed” to one of his 108 million followers on Twitter. Tesla shares closed at $265.25 on Friday, Sept. 30. At market’s close one
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT A Delaware Chancery Court judge ruled Thursday that Elon Musk has until Oct. 28 to close his acquisition of Twitter if he wants to avoid a trial, granting Musk a slight delay. Earlier in the day, the Telsa CEO said he wanted to return to
In this article AMD Follow your favorite stocksCREATE FREE ACCOUNT Lisa T. Su, CEO of Advanced Micro Devices Adam Jeffery | CNBC AMD issued preliminary third-quarter results Thursday that are well below its initial guidance. The semiconductor company reported preliminary quarterly revenue of approximately $5.6 billion. It had initially said it expected $6.7 billion in
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk’s revived $44 billion deal to buy Twitter sparked fresh debate over what the billionaire will do with the service if he eventually owns it. On Tuesday, Musk tweeted that buying Twitter is an “accelerant to creating X, the everything app.” He did not
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | Nurphoto | Getty Images Among the big winners in Elon Musk’s agreement to follow through with his deal to buy Twitter is an activist hedge fund based in a coastal Florida city that was just wrecked by Hurricane Ian. Pentwater Capital, a
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon is pausing hiring for corporate roles in its retail business, according to a report published Tuesday by The New York Times. The company confirmed the accuracy of the report to CNBC. Amazon instructed recruiters to close all open job postings for those roles in
In this article TWTR TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk has reversed course and is again proposing to buy Twitter for $54.20 a share, according to a regulatory filing on Tuesday. Twitter shares closed up more than 22% on the news. The social media company issued a statement saying it had received
In this article TSLA COWN Follow your favorite stocksCREATE FREE ACCOUNT In May, electric-vehicle maker Tesla was removed from the S&P 500’s ESG Index. In response, CEO Elon Musk tweeted that ESG was “a scam” that had been “been weaponized by phony social justice warriors.” Jim Watson | AFP | Getty Images Shares of Tesla
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