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Technology

Technology

As big tech pushes AI spending to the max, you may be helping to pay for it

As the tech industry’s giants race to build out AI infrastructure — Microsoft spent $34.9 billion in just one quarter while Meta plans to spend...

by admin October 31, 2025
As big tech pushes AI spending to the max, you may be helping to pay for it
Technology

Apple silences its critics with strong iPhone demand and blowout services revenue

Talk about a monster quarter. Apple delivered a great September quarter Thursday evening, even as iPhone supply was constrained by strong demand. The stock...

by admin October 31, 2025
Apple silences its critics with strong iPhone demand and blowout services revenue
Technology

SpaceX and Blue Origin both submitted plans to get astronauts back to the moon faster, NASA says

SpaceX’s Starship rocket 38 launches during the 11th test flight on October 13, 2025 as seen from South Padre Island in Texas. Gabriel V....

by admin October 31, 2025
SpaceX and Blue Origin both submitted plans to get astronauts back to the moon faster, NASA says
Technology

Apple isn’t playing the same AI capex game as the rest of the megacaps

While many of the largest tech companies race to build massive data centers for their artificial intelligence ambitions, Apple is taking a more modest...

by admin October 30, 2025
Apple isn't playing the same AI capex game as the rest of the megacaps
Technology

Palantir communications chief calls the company’s political shift ‘concerning’

CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit on the campus of Carnegie Mellon University in Pittsburgh, Pennsylvania on...

by admin October 30, 2025
Palantir communications chief calls the company's political shift 'concerning'
Technology

CNBC Daily Open: Capex is the number to look at amid Big Tech earnings

Signage at Google headquarters in Mountain View, California, US, on Thursday, Oct. 23, 2025. Benjamin Fanjoy | Bloomberg | Getty Images The news is...

by admin October 30, 2025
CNBC Daily Open: Capex is the number to look at amid Big Tech earnings
Technology

Wall Street hates Meta’s AI spending guidance raise. We don’t

Meta Platforms shares were taking a beating in extended hours trading on Wednesday after management raised its expense guidance and took a massive tax...

by admin October 30, 2025
Wall Street hates Meta's AI spending guidance raise. We don't
Technology

Samsung’s third-quarter profit more than doubles, beating estimates as chip recovery gathers pace

Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images Samsung Electronics reported a rebound...

by admin October 30, 2025
Samsung’s third-quarter profit more than doubles, beating estimates as chip recovery gathers pace
Technology

Meta CEO Mark Zuckerberg defends AI spending: ‘We’re seeing the returns’

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025....

by admin October 29, 2025
Meta CEO Mark Zuckerberg defends AI spending: 'We're seeing the returns'
Technology

CNBC Daily Open: It’s a boom, it’s a bubble, it’s still not enough for investors: It’s AI

OpenAI CEO Sam Altman (L) speaks with Microsoft Chief Technology Officer and Executive VP of Artificial Intelligence Kevin Scott during the Microsoft Build conference...

by admin October 29, 2025
CNBC Daily Open: It's a boom, it's a bubble, it's still not enough for investors: It's AI
Technology

Nvidia-supplier SK Hynix third-quarter profit jumps 62% to a record high on AI-fueled memory demand

A visitor looks at a model of SK hynix’s high-bandwidth memory (HBM) technology during the 2025 World IT Show in Seoul on April 24,...

by admin October 28, 2025
Nvidia-supplier SK Hynix third-quarter profit jumps 62% to a record high on AI-fueled memory demand
Technology

Celestica CEO explains the company’s role in the AI boom

Celestica CEO Rob Mionis explained how his company designs and manufactures infrastructure that enables artificial intelligence in a Tuesday interview with CNBC’s Jim Cramer....

by admin October 28, 2025
Celestica CEO explains the company's role in the AI boom
Technology

Wikipedia founder Jimmy Wales isn’t worried about Elon Musk’s Grokipedia: ‘Not optimistic he will create anything very useful right now’

Elon Musk‘s Wikipedia rival Grokipedia got off to a “rocky start” in its public debut, but Wikipedia founder Jimmy Wales didn’t even have to...

by admin October 28, 2025
Wikipedia founder Jimmy Wales isn't worried about Elon Musk's Grokipedia:  'Not optimistic he will create anything very useful right now'
Technology

Chegg slashes 45% of workforce, blames ‘new realities of AI’

Dan Rosensweig, CEO, Chegg Scott Mlyn | CNBC Chegg said on Monday it would lay off about 45% of its workforce, or 388 employees,...

by admin October 28, 2025
Chegg slashes 45% of workforce, blames 'new realities of AI'
Technology

OpenAI says U.S. needs more power to stay ahead of China in AI: ‘Electrons are the new oil’

Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday,...

by admin October 27, 2025
OpenAI says U.S. needs more power to stay ahead of China in AI: 'Electrons are the new oil'
Technology

Amazon to announce largest layoffs in company history, source says

David Ryder | Getty Images News | Getty Images Amazon is preparing to announce sweeping job cuts beginning Tuesday, CNBC has learned. The layoffs...

by admin October 27, 2025
Amazon to announce largest layoffs in company history, source says
Technology

iRobot stock tumbles 33% after Roomba maker warns the search for a buyer has stalled

Roomba robot vacuums made by iRobot are displayed on a shelf at a Bed Bath and Beyond store in Larkspur, California, on Aug. 5,...

by admin October 27, 2025
iRobot stock tumbles 33% after Roomba maker warns the search for a buyer has stalled
Technology

Week in review: Stocks hit records on inflation data, earnings — plus, we started a new name

Stocks jumped for the second straight week and reached record highs Friday as Washington trade and shutdown drama took a back seat to cooler...

by admin October 25, 2025
Week in review: Stocks hit records on inflation data, earnings — plus, we started a new name
Technology

AI spending is boosting the economy, but many businesses are in survival mode

Cameron Pappas, owner of Norton’s Florist Norton’s For Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the artificial intelligence boom is a world away....

by admin October 25, 2025
AI spending is boosting the economy, but many businesses are in survival mode
Technology

More demand than supply gives companies an edge, Jim Cramer says

“Supply constrained,” are the two of the most important words CNBC’s Jim Cramer said he’s heard so far during earnings season and explained why...

by admin October 24, 2025
More demand than supply gives companies an edge, Jim Cramer says
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