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Chinese autonomous driving firm Pony.ai sees shares drop 12% in Hong Kong debut
Shares of two Chinese autonomous driving companies Pony.ai and WeRide both debuted in Hong Kong on Thursday.
Microsoft letting employees raise concerns about products after Middle East controversy
Microsoft employees can now request Trusted Technology Reviews when they want to report on concerning uses of the company's products.
CNBC Daily Open: Outside AI, the market isn't looking that hot
Even as the S&P 500 and Nasdaq Composite rose on the back of the tech behemoths, more than 300 stocks in the broad-based index ended the day lower.
MongoDB CEO Dev Ittycheria steps down, replaced by Cloudflare executive CJ Desai
Dev Ittycheria, who took MongoDB public in 2017, is leaving the CEO role but will stay on the company's board.
CNBC Daily Open: AI trade frenzy seems driven by a 'virtuous' cycle
The AI trade looks, for now, less like the immediate sugar rush of a candy bar (and its subsequent crash), and more like a sustained energy boost.
Amazon's stock soars 12% on third-quarter beat and increased spending guidance
Amazon blew past analyst estimates in its third-quarter earnings report and raised its capital expenditures forecast for the year to $125 billion.
Tech's $380 billion splurge: This quarter's winners and losers of the AI spending boom
With the largest cloud and internet companies reporting results this week, it's clear that spending on artificial intelligence is only increasing.
Meta stock drops 10% as heightened AI spending overshadows strong third-quarter results
Meta's results raised skepticism over the payoff from its aggressive artificial intelligence spending plans and overshadowed strong results.
Alphabet stock jumps 4% after posting strong results, boosting AI spend
The strong quarter and a boost in capital spending impressed analysts and solidified Alphabet's position as an AI leader.
CNBC Daily Open: Capex is the number to look at amid Big Tech earnings
The crux is that spending on artificial intelligence isn't going to slow down, at least for the next year, thanks to increasing demand for AI services.
Fiserv stock craters 44%, on pace for worst day ever after company slashes guidance
Fiserv said it will move its stock from the NYSE to the Nasdaq next month, where it will trade under the ticker symbol "FISV."
CNBC Daily Open: It's a boom, it's a bubble, it's still not enough for investors: It's AI
Investors can't get enough of AI, despite worries over high valuations — and tech companies can't get enough of each other, either.
Apple, Microsoft cross $4 trillion market cap
Apple reports fiscal fourth-quarter earnings on Thursday. Microsoft reports earnings on Wednesday.
CNBC Daily Open: We are all farmers hoping for the end of the U.S.-China trade war
Global and U.S. markets hit highs on the prospect of a U.S.-China trade deal. And that's before an agreement has been signed officially.
CNBC Daily Open: U.S.' 4-year economic plan, with a Trump twist?
Trump's dealings and proclivity for acquiring stakes in U.S. companies has very faint echoes of China's developmental agenda meeting.
Shares of Australian critical metal companies surge on $8.5 billion U.S. minerals deal
Australian critical metals and rare earths shares surged following the announcement of a massive minerals deal between Washington and Canberra.
Transportation Secretary Duffy says Musk's SpaceX is behind on moon trip and he will reopen contracts
Duffy said he will open the contract to other space companies that can help get to the moon quicker as it races against China.
Apple’s Eddy Cue says sports streaming needs fixing as company nears F1 rights deal
Apple is about to announce a $140 million per year media rights deal with F1 for its U.S. rights, according to people familiar with the matter.
Uber will offer gig work like AI data labeling to drivers while not on the road
Uber says it's offering drivers ways to make money when not ferrying around passengers.
Walmart deploys millions of new sensors in retail's first large-scale deployment of IoT tech
Walmart is deploying millions of ambient Internet of Things battery-free sensors throughout its U.S. supply chain to enhance services and add efficiencies.
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