There’s a popular tech stock washout Monday as Palantir, Nvidia, Rigetti Computing drop

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

Bezos’ Blue Origin stands down on debut launch of New Glenn rocket

The Blue Origin New Glenn rocket sits at Launch Complex 36 prior to its scheduled early morning Jan. 13 launch at Cape Canaveral Space Force Station.  Miguel J. Rodriguez Carrillo | Getty Images News | Getty Images Jeff Bezos’ Blue Origin on Monday called off the inaugural launch of its New Glenn rocket following last-minute issues on … Read more

TikTok creators ask followers to migrate ahead of ban to Meta, YouTube

Jakub Porzycki | Nurphoto | Getty Images Before Jack Nader started posting beauty videos on TikTok in 2023, he was working as a Starbucks barista in Chicago and living at home with his parents.  But after Nader, who’s now 21, started taking his videos seriously in April of that year, his TikTok account blew up. … Read more

Mark Zuckerberg slams Apple on its lack of innovation and ‘random rules’

Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg slammed rival tech giant Apple for lackluster innovation efforts and “random rules” in a lengthy podcast interview on Friday. “On the one hand, [the iPhone has] … Read more

Apple’s market share slides in China, iPhone shipments decline: Kuo

Jaap Arriens | Nurphoto | Getty Images Apple is losing market share in China due to declining iPhone shipments, supply chain analyst Ming-Chi Kuo wrote in a report on Friday. The stock slid 2.4%. “Apple has adopted a cautious stance when discussing 2025 iPhone production plans with key suppliers,” Kuo, an analyst at TF Securities, … Read more

Mark Zuckerberg says Biden pushed Meta to remove posts on vaccines

Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg told Joe Rogan in a podcast published Friday that his company was pressured by the Biden administration to remove content on side effects of Covid vaccines. … Read more

TSMC beats sales estimates as AI chip boost continues

The logo for Taiwan Semiconductor Manufacturing Company is displayed on a screen on the floor of the New York Stock Exchange on Sept. 26, 2023. Brendan Mcdermid | Reuters Taiwan Semiconductor Manufacturing Co. posted December quarter revenue that topped analyst estimates, as the company continues to get a boost from the AI boom. The world’s … Read more

Nvidia’s tiny $3,000 computer for AI developers steals the show at CES

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

Ubisoft appoints advisors to explore options after buyout report

Artwork for Ubisoft’s upcoming “Assassin’s Creed Shadows” game. John Keeble | Getty Images French video game publisher Ubisoft said Thursday it’s appointing advisors to review and pursue strategic options after a report last year suggested that its majority backers were considering a buyout. Ubisoft said in a strategic update that “leading advisors” had been hired … Read more

Ebay shares soar as Meta allows listings on Facebook Marketplace

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