CNBC Daily Open: Mega tech earnings grab attention
Advertise here Information about Facebook inventory shares is displayed on a monitor as merchants and monetary professionals work on the ground of the New York Stock Exchange (NYSE) on the…
The cloud is back at Amazon, putting the stock on a path back to Covid-era record highs
Advertise here Amazon shares jumped after-hours Thursday, following the e-commerce and cloud computing large’s sturdy fourth quarter. Results like this occur when Amazon shifts its mindset from an “investing” cycle…
CNBC Daily Open: More mega tech earnings in spotlight
Advertise here The share worth of Facebook inventory is seen on the Nasdaq inventory market in New York. Getty Images This report is from immediately’s CNBC Daily Open, our worldwide…
Tim Cook teases Apple AI announcement 'later this yr'
Advertise here Apple CEO Tim Cook attends the Wonderlust occasion on the firm’s headquarters in Cupertino, California, on Sept. 12, 2023. Loren Elliott | Reuters Apple CEO Tim Cook teased…
Meta is paying first-ever dividend, authorizes $50 billion buyback
Advertise here Meta founder and CEO Mark Zuckerberg speaks throughout the Meta Connect occasion at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Josh Edelson | AFP |…
Amazon cloud unit speeds up revenue growth as clients adopt AI services
Advertise here Amazon Web Services CEO Adam Selipsky speaks on the CERAWeek by S&P Global convention in Houston, Texas, on March 7, 2023. F. Carter Smith | Bloomberg | Getty…
Meta’s Reality Labs loses record $4.65 billion ahead of Apple's Vision Pro launch
Advertise here Mark Zuckerberg, CEO of Meta Platforms, demonstrates the Meta Quest Pro in the course of the digital Meta Connect occasion in New York on Oct. 11, 2022. Michael…
Meta to report fourth-quarter earnings after the bell
Advertise here Meta’s CEO Mark Zuckerberg attends the Senate Judiciary Committee listening to on on-line little one sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024. Evelyn…
Ferrari finishes a record year by topping Wall Street's estimates
Advertise here Car key for the Ferrari Purasangue SUV Adam Jeffery | CNBC Ferrari topped Wall Street’s top- and bottom-line earnings expectations for the fourth quarter to complete off a…
Okta to lay off 7% of workers, about 400 employees
Advertise here Identity administration firm Okta stated on Thursday in a message to employees that it will lay off 400 employees, about 7% of the corporate’s headcount. The agency additionally…