Todd McKinnon, chief executive officer of Okta Inc., during a Bloomberg Television interview, in London, UK, on Friday, April 11, 2025. Chris J. Ratcliffe | Bloomberg | Getty Images Okta shares surged 20% in extended trading after the identity software provider surpassed Wall Street’s fiscal second-quarter estimates. Here’s how the company did compared to LSEG…
Marc Benioff, chief executive officer of Salesforce, speaks during the World Economic Forum in Davos, Switzerland, Jan. 18, 2024. Halil Sagirkaya | Anadolu | Getty Images Salesforce shares soared 14% in extended trading on Wednesday after the cloud software vendor reported results and issued guidance that surpassed Wall Street projections. Here’s how the company did…
Nvidia‘s near-monopoly over the most advanced AI chips is under “threat” as OpenAI’s and other tech giants announce custom-built semiconductors, analysts told CNBC. Follow CNBC’s live coverage of Nvidia’s 2027 second-quarter earnings OpenAI announced that its first AI chip, the Jalapeño, had “industry-leading speed and efficiency,” as it unveiled the semiconductor on Tuesday. Google, AWS…
People walk through the Steve Jobs Theater prior to an event at the Apple Park campus in Cupertino, California, on September 12, 2023. Nic Coury | AFP | Getty Images Apple announced on Wednesday that it is holding a launch event at its headquarters in Cupertino, California on Sept. 9. Invites sent to the media…
Amazon logo on brick office building facade with windows, San Francisco, California, Aug. 29, 2025. Smith Collection | Gado | Archive Photos | Getty Images Amazon is soon pulling the plug on its 21-year-old crowdsourced work platform, called Mechanical Turk, the company said Tuesday. “We regularly evaluate our programs, tools and services and make adjustments…
The Huawei booth at the Mobile World Congress in Barcelona, 2025. Arjun Kharpal | CNBC BEIJING — U.S.-based personal computing and printing firm HP has signed a multi-year global agreement for licensing certain WiFi patents from Chinese telecoms giant Huawei, the companies announced Wednesday. It’s a sign of adoption of Huawei’s technology outside China, despite…
Ship 40 is stacked atop Booster 20 in preparation for Flight 13 at SpaceX’s South Texas facility in Cameron County, Texas, on July 22, 2026. Reginald Mathalone | Nurphoto | Getty Images Elon Musk is continuing his push into the Southern U.S. with SpaceX, his aerospace and tech conglomerate, planning a $100 billion launch facility…
The CEO of Trump-linked World Liberty Financial said the company offers real utility and operates independently of political influence, refuting allegations of potential conflicts of interest. The crypto venture, launched in 2024 by President Donald Trump, his sons and associates, operates the USD1 stablecoin and recently received conditional approval for a national trust bank charter,…
Meta Platforms ‘ mounting legal battles over allegations that it fostered addictive behavior in kids have become a headline risk for the already troubled Club stock. But like Jim Cramer, Bank of America warns investors against letting the courtroom drama overshadow the long-term opportunity. “While the stock is down on [California] trial headlines, we believe…
GUANGZHOU, CHINA – JULY 14: A woman looks at her smartphone while walking past a SHEIN sign outside the company’s office on July 14, 2026, in Guangzhou, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images Shein is planning to raise up to $13.86 billion in Hong Kong dollars ($1.77 billion) in…
