Dominika Zarzycka | Nurphoto | Getty Images Technology stocks popular with retail investors tumbled Monday as investors took profits on their 2024 winners and dumped the more speculative names in an environment of rising interest rates. Nvidia slumped 2%. Palantir dropped 4%, while quantum computing winner Rigetti Computing plunged about 33%. Last year’s Nasdaq winner … Read more
Nvidia CEO Jensen Huang speaks about the Project Digits personal AI supercomputer for researchers and students during a keynote address at the CES tech conference in Las Vegas, Jan. 6, 2025. Patrick T. Fallon | Afp | Getty Images Nvidia CEO Jensen Huang was greeted as a rock star this week at CES in Las … Read more
A sign is posted in front of the eBay headquarters in San Jose, California. Justin Sullivan | Getty Images Shares of eBay closed up 9% on Wednesday as Meta said it will allow some listings to show up on Facebook Marketplace, its popular platform connecting consumers for local item pickups and more. EBay stock reached … Read more
Editorial cartoonist Ann Telnaes Courtesy of Ann Telnaes A Washington Post cartoonist has quit her role at the paper, saying that her bosses blocked publication of a satirical cartoon that depicted billionaires, including one resembling Post owner Jeff Bezos, kneeling before President-elect Donald Trump. Ann Telnaes, a Pulitzer Prize-winning cartoonist, said in a blog post … Read more
As the ransomware industry evolves, experts are predicting hackers will only continue to find more and more ways of using the technology to exploit businesses and individuals. Seksan Mongkhonkhamsao | Moment | Getty Images Ransomware is now a billion-dollar industry. But it wasn’t always that large — nor was it the prevalent cybersecurity risk it … Read more
People check-in for their flights at the airport ahead of the Thanksgiving Holiday at Hartsfield-Jackson Atlanta International Airport, in Atlanta, Georgia, U.S., November 27, 2024. Megan Varner | Reuters It’s been another eventful year for U.S. air travel. Just five days into the year, a door panel blew off of a nearly new Boeing 737 … Read more
Data centers powering artificial intelligence and cloud computing are pushing energy demand and production to new limits. Global electricity use could rise as much as 75% by 2050, according to the U.S. Department of Energy, with the tech industry’s AI ambitions driving much of the surge. Data centers powering AI and cloud computing could soon … Read more
Throughout 2024, CNBC’s Jim Cramer discussed the seemingly boundless rise of artificial intelligence with dozens of CEOs across the tech world. Here is how five top enterprise leaders characterized AI’s meteoric rise this year. Nvidia CEO Jensen Huang said the “AI computing ramp” is only beginning and will last years. Huang in March painted a … Read more
Larry Ellison and Monica Seles and Bill Gates (back row) watch Carlos Alcaraz of Spain play against Alexander Zverev of Germany in their Quarterfinal match during the BNP Paribas Open in Indian Wells, California, on March 14, 2024. Clive Brunskill | Getty Images It’s been a good year for Larry Ellison. Oracle’s co-founder has gained … Read more
Republican presidential nominee, former U.S. President Donald Trump arrives to speak during an election night event at the Palm Beach Convention Center on November 06, 2024 in West Palm Beach, Florida. Chip Somodevilla | Getty Images Top CEOs and their companies are pledging to donate millions of dollars to President-elect Donald Trump‘s inaugural committee, as … Read more