Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, U.S., September 25, 2024. REUTERS/Manuel Orbegozo Manuel Orbegozo | Reuters Meta and EssilorLuxottica plan to release versions of their AI-powered smart glasses under the Oakley and Prada brands, CNBC has learned. The […]
Apple looking to make folding iPhone starting next year, analyst says
People look at iPhones at the Apple Fifth Avenue store in New York City on May 23, 2025. Adam Gray | Reuters Apple has plans to make a folding iPhone starting next year, reliable analyst Ming-Chi Kuo said on Wednesday. Kuo said Apple’s folding phone could have a display made by Samsung Display, which is […]
Senate passes landmark GENIUS Act stablecoin bill
The World Liberty Financial website arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images The Senate on Tuesday passed the GENIUS Act, a landmark bill that for the first time establishes federal guardrails for U.S. dollar-pegged stablecoins and creates a regulated pathway for private […]
AMD shares rise 10% after analysts say they expect a ‘snapback’
AMD CEO Lisa Su unveils the AMD vision for Advancing Al. Courtesy: AMD Shares of Advanced Micro Devices rose nearly 9% on Monday after analysts at Piper Sandler lifted their price target on the stock on optimism about the chipmaker’s latest product announcement. The analysts said they see a snapback for AMD’s graphics processing units, […]
How AI is disrupting the advertising industry
An AI assistant on display at Mobile World Congress 2024 in Barcelona. Angel Garcia | Bloomberg | Getty Images Artificial intelligence is shaking up the advertising business and “unnerving” investors, one industry leader told CNBC. “I think this AI disruption … unnerving investors in every industry, and it’s totally disrupting our business,” Mark Read, the […]
What I learned following Jensen Huang around Europe
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., left, and Emmanuel Macron, France’s president at the 2025 VivaTech conference in Paris, France, on Wednesday, June 11, 2025. Nathan Laine | Bloomberg | Getty Images Nvidia boss Jensen Huang has been on a tour of Europe this week, bringing excitement and intrigue to everywhere […]
Anne Wojcicki to buy back 23andMe and its data for $305 million
23andMe founder Anne Wojcicki speaks during a House Committee on Oversight and Government Reform hearing in Washington, D.C., on June 10, 2025. Andrew Harnik | Getty Images Anne Wojcicki, the co-founder and former CEO of 23andMe, has regained control over the embattled genetic testing company after her new nonprofit, TTAM Research Institute, outbid Regeneron Pharmaceuticals, […]
Oracle shares pop 13% to record high on earnings beat, cloud optimism
Larry Ellison, Oracle’s co-founder, chief technology officer and chairman, at right, and U.S. President Donald Trump share a laugh as Ellison uses a stool to stand on as he speaks during a news conference in the Roosevelt Room of the White House in Washington on Jan. 21, 2025. Trump announced an investment in artificial intelligence […]
Oracle (ORCL) Q4 earnings report 2025
From left, former Fox Corp. Executive Chairman Rupert Murdoch and Larry Ellison, Oracle’s co-founder, chief technology officer and executive chairman, listen as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House in Washington on Feb. 3, 2025. Anna Moneymaker | Getty Images News | Getty Images Oracle shares rose […]
Anduril’s Palmer Luckey says the company will ‘definitely’ go public
Defense tech startup Anduril Industries will go public, founder and CEO Palmer Luckey said Tuesday. “We are definitely going to be a publicly traded company,” he told CNBC’s “Closing Bell: Overtime.” “We are running this company to be the shape of a publicly traded company.” He added that there isn’t “really a path” for a […]