Tim Cook Sally Shin | CNBC Technology stocks declined Tuesday, erasing earlier gains after a broad market relief rally faded. The tech-heavy Nasdaq dropped more than 2%, wiping out an earlier gain of 4.6% at its highs. Apple and Tesla dropped about 5%. Meta Platforms, Alphabet, Amazon, Microsoft and Nvidia all finished lower. Markets rallied […]
Apple iPhone price could jump $350 in U.S. on Trump tariffs: analyst
A customer checks Apple’s latest iPhone 16 Plus (right) and Apple’s latest iPhone 16 Pro Max (left) series displayed for sale at Master Arts Shop in Srinagar, Jammu and Kashmir, on September 26, 2024. Firdous Nazir | Nurphoto | Getty Images President Trump’s reciprocal tariffs could lead Apple to raise the price of the iPhone […]
TikTok stays on App Store Attorney General Pam Bondi
In this photo illustration, the logo of TikTok is displayed on a smartphone screen on April 5, 2025 in Shanghai, China. Vcg | Visual China Group | Getty Images Apple will keep ByteDance-owned TikTok on its App Store for at least 75 more days after receiving assurances from Attorney General Pam Bondi, according to a […]
Silicon Valley return on Trump bet: Plunging valuations, delayed IPOs
The Nasdaq MarketSite in New York, June 9, 2023. Michael Nagle | Bloomberg | Getty Images Silicon Valley executives and financiers publicly opened their wallets in support of President Donald Trump’s 2024 presidential run. The early returns in 2025 aren’t great, to say the least. Following Trump’s sweeping tariff plan announced Wednesday, the Nasdaq suffered […]
Cryptocurrencies rise Friday, bucking broader market meltdown
Fernando Gutierrez-Juarez | Picture Alliance | Getty Images Bitcoin rose on Friday after China retaliated against President Donald Trump’s tariffs, while stocks continued to crater following their worst day since 2020. The price of the flagship cryptocurrency rose more than 2% to $83,959.19, according to Coin Metrics. Earlier, it rose as much as $84,717.51. Most […]
Tech stocks sink after Trump tariff rollout; Apple leads drop
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai, and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th U.S. president in the U.S. Capitol Rotunda in Washington, Jan. 20, 2025. Saul Loeb | Via Reuters Technology […]
Eric Trump moved to crypto after family became ‘most canceled company’
Eric Trump says his family was “the most canceled company, probably on Earth.” That was then. With his dad, President Donald Trump, back in the White House, he sees a new money-making opportunity. “It actually is what drove us toward cryptocurrency,” the president’s middle son told CNBC, referring to the Trump family’s latest business endeavors. […]
CoreWeave shares rip 30% higher, rising above IPO price
Mike Intrator, Chief Executive Officer and founder of CoreWeave, (C) rings the opening bell surrounded by Executive Leadership and family during the company’s Initial Public Offering (IPO) at the Nasdaq headquarters on March 28, 2025 in New York City. Michael M. Santiago | Getty Images News | Getty Images CoreWeave shares rallied more than 30% […]
Takes on rivals OpenAI, Anthropic
Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025. Brendan Mcdermid | Reuters Amazon on Monday released a new AI model that can take actions in a web browser on a user’s behalf, a move that puts it in more direct competition with OpenAI, Anthropic […]
In DNA sale, delete calls, a new market panic born
Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images DNA testing has become a valuable tool for hobbyists and novice genealogists. For some, learning they are the 10th cousin of Paul Revere or the 15th great nephew four times removed of the last […]