Chesnot | Getty Images Cryptocurrency bulls say bitcoin could surge to more than $100,000 this year after the U.S. Securities and Exchange Commission made a pivotal step to approve the first-ever U.S. spot bitcoin exchange-traded fund. Several crypto investors CNBC spoke with said they see the world’s top cryptocurrency rising in 2024, as the effects
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In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT An aerial view shows the Tesla Fremont Factory in Fremont, California on February 10, 2022. Josh Edelson | AFP | Getty Images Tesla is rolling out “market adjustment” pay increases this month to many of its factory workers across the U.S., according to notices posted
In this article BA AAPL Follow your favorite stocksCREATE FREE ACCOUNT Former Vice President Al Gore speaks during the Agriculture Innovation Mission (AIM) for Climate Summit at the JW Marriott on May 08, 2023 in Washington, DC. Chip Somodevilla | Getty Images Former Vice President Al Gore is leaving the Apple board in February after
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook, CEO of Apple, beside an Apple Vision Pro mixed reality headset during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, on June 5, 2023. Philip Pacheco | Bloomberg | Getty Images Apple’s Vision Pro virtual reality headset could be
In this article GOOG GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Google launched several new tools for retailers using generative artificial intelligence to improve online shopping experiences and other retail operations, its cloud business announced in a release Thursday. The suite of new products includes a generative AI-powered
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Bloomberg | Bloomberg | Getty Images Bitcoin miners fell Thursday, giving back earlier gains, as the price of the cryptocurrency retreated in volatile trading following the U.S. Securities and Exchange Commission’s approval of the first U.S. spot bitcoin exchange-traded funds. The two biggest mining stocks, Marathon
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images Google’s latest effort to win cloud deals over larger rivals Amazon and Microsoft involves making it cheaper for clients
Apple CEO, Tim Cook (L), and Microsoft CEO, Satya Nadella. Reuters Microsoft on Thursday briefly yanked the title of most valuable publicly traded company from Apple in early trading. The development follows a series of obstacles Apple has encountered at the start of the year. Last week Foxconn, a Chinese assembler of Apple’s iPhones, reported
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google and Alphabet CEO Sundar Pichai departs federal court on October 30, 2023 in Washington, DC. Pichai testified on Monday to defend his company in the largest antitrust case since the 1990s. Drew Angerer | Getty Images News | Getty Images Google cut several hundred
Tesla Inc. signage during a launch of company’s Model Y electric vehicle in Kuala Lumpur, Malaysia, on Thursday, July 20, 2023. Bloomberg | Bloomberg | Getty Images Malaysia is doubling down on the semiconductor industry to capture growth in the growing electric vehicle market. In an exclusive interview with CNBC’s “Squawk Box Asia” on Thursday,
A BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) Vcg | Visual China Group | Getty Images Shares of Chinese electric car makers have started the new year in reverse gear, as intense competition and continuing price wars pressure
In this article BTC.CM= ETH.CM= Follow your favorite stocksCREATE FREE ACCOUNT Omar Marques | Lightrocket | Getty Images Bitcoin fell late Wednesday afternoon after the Securities and Exchange Commission gave the green light for the first-ever spot bitcoin ETFs to trade in the U.S., as expected. The cryptocurrency’s price traded lower by about 2% at
In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023. Michael Nagle | Bloomberg | Getty Images Now that the SEC has approved the creation of bitcoin exchange-traded funds, Coinbase’s position in
In this article BTC.CM= ETH.CM= Follow your favorite stocksCREATE FREE ACCOUNT Nurphoto | Nurphoto | Getty Images Bitcoin tread water on Wednesday as investors awaited the official U.S. Securities and Exchange Commission approval on spot bitcoin exchange-traded funds, a day after the regulator’s X account posted a false announcement on the highly anticipated news. The
People walk past a billboard advertisement for YouTube in Berlin, Germany, on Sept. 27, 2019. Sean Gallup | Getty Images YouTube is taking steps to fight against medical misinformation, especially when it comes to finding immediate tips on how to handle an emergency. The company on Wednesday introduced a feature called First Aid Information Shelves,
A food delivery courier for Meituan in Beijing, China, on Tuesday, Aug. 22, 2023. A surge in sales expected for Meituan may be a catalyst to its shares, which have outperformed peers as services spending turns out to be a rare bright spot amid deepening investor pessimism. Source: Bloomberg Bloomberg | Bloomberg | Getty Images Since the beginning
Dado Ruvic | Reuters The price of bitcoin fell in late afternoon trading Tuesday following a false social media post from the X account of the Securities and Exchange Commission that stated the agency had approved bitcoin exchange-traded funds for trading. The SEC later deleted the post and said its account on X was compromised
Elon Musk — the CEO of Tesla and SpaceX and owner of X, formerly known as Twitter — speaks during The New York Times’ annual DealBook summit in New York City, Nov. 29, 2023. Michael M. Santiago | Getty Images Elon Musk’s social media platform X, formerly known as Twitter, announced it will launch peer-to-peer
Jaap Arriens | Nurphoto | Getty Images Microsoft’s multibillion-dollar investment in artificial intelligence firm OpenAI risks a potential full-blown merger investigation in the European Union, EU officials signaled Tuesday. The European Commission, which is the executive arm of the EU, said that it was embarking on a competition investigation looking at the markets for virtual
Samsung is the world’s biggest maker of memory chips. Jakub Porzycki | Nurphoto | Getty Images Samsung Electronics on Tuesday said it expects to post a 35% drop in operating profit in the fourth quarter of 2023, missing expectations by a wide margin as a rebound in semiconductor prices likely narrowed losses in the South
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