Elon Musk, chief executive officer of Tesla Inc., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Bloomberg | Bloomberg | Getty Images Elon Musk said a primary reason for merging SpaceX with his artificial intelligence startup, xAI, is to more effectively build “orbital data centers.”…
A Waymo vehicle exits a charging lot on Jan. 15, 2026 in Austin, Texas. Brandon Bell | Getty Images Alphabet‘s self-driving car unit Waymo on Monday said it raised a $16 billion funding round that values the company at $126 billion “post-money.” The new funding is the latest move by Alphabet to fund Waymo’s continued…
Union Finance Minister Nirmala Sitharaman with Union Minister of State for Finance Pankaj Chaudhary and other officials outside the Finance Ministry prior to the presentation of the Union Budget 2026-27 at Kartavya Bhavan on Feb. 1, 2026 in New Delhi, India. Hindustan Times | Hindustan Times | Getty Images India has announced a 20-year tax…
We’re getting a one-two punch — Alphabet on Wednesday evening and Amazon on Thursday evening — that should define the week — at least, until Friday’s employment data. These companies, both nation-states with seemingly unlimited capital, are run by the finest executives, both attuned to stock market reaction and the image it creates. That’s far…
The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York, Nov. 17, 2021. Andrew Kelly | Reuters A federal jury in San Francisco on Thursday convicted a former Google software engineer of stealing trade secrets related to the search company’s AI technology. The jury found 38 year-old Linwei Ding,…
If money were not a factor, a Google software engineer says custom chips, like those from Broadcom , would always be his default selection to build cutting-edge artificial intelligence models. “I am a hundred percent using a custom chip of some sort if resources are not a constraint and I need to move fast and…
The stock market is well-positioned to bounce next week if the heavyweight companies set to report earnings deliver strong numbers, CNBC’s Jim Cramer said Friday. That’s because the market ended the week on a subdued note, the “Mad Money” host said, after the S&P 500 finished in the red for three straight days. The busy…
Digital asset infrastructure company Fireblocks said it has disrupted a North Korea-linked job recruitment impersonation scam that was targeting digital assets. Fireblocks said hackers used fake job interviews to compromise developers and gain access to crypto infrastructure. According to the firm, the hackers were able to closely resemble a legitimate Fireblocks hiring process and impersonate…
Apple on Thursday evening reported a blowout holiday quarter, driven by a 23% increase in iPhone sales. A strong revenue guide for the current March quarter suggests this strong device cycle will continue. Revenue in Apple’s fiscal 2026 first quarter, which ended back on Dec. 27, rose 16% year over year to $143.76 billion, exceeding…
Apple reported fiscal first-quarter earnings on Thursday that surpassed expectations, with revenue soaring 16% on an annual basis. Shares of the company were up slightly in extended trading. Here are the results versus what Wall Street was expecting according to LSEG consensus estimates for the quarter ending in December: EPS: $2.84 vs. $2.67 estimated Revenue: $143.76 billion vs. $138.48 billion estimated Here is how Apple’s major product…
