SoftBank shares slide over 8% amid renewed pressure on AI-linked stocks
The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato…
China’s Pony.ai shares drop 12%, WeRide down 13% in Hong Kong debut
A Pony.ai autonomous car. Pony.ai China’s Pony.ai on Thursday saw its shares drop over 12%, while rival WeRide…
Trump renominates Musk ally Jared Isaacman run NASA after withdrawal
Jared Isaacman, U.S. President Donald Trump’s nominee to be administrator of the National Aeronautics and Space Administration (NASA)…
HSBC flags AI capex mismatch, others warn of ‘irrational exuberance’
HONG KONG, CHINA – 2025/03/01: In this photo illustration, Artificial intelligence (AI) apps of perplexity, DeepSeek and ChatGPT…
Powell says AI different from dotcom bubble, major source GDP growth
Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market…
Nvidia on track to hit historic $5 trillion valuation amid AI rally
Nvidia CEO Jensen Huang gestures as U.S. President Donald Trump (not pictured) delivers remarks during the “Winning the…
Nvidia-supplier SK Hynix third-quarter profit jumps 62% to a record high
A man walks past a logo of SK Hynix at the lobby of the company’s Bundang office in…
Saudi Arabia poised to become AI data center hub: Groq CEO at FII
Saudi Arabia is primed to become a hotspot for artificial intelligence infrastructure thanks to its surplus in energy,…
Applied Materials lays off 4% of workforce
Signage outside Applied Materials headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021. David Paul Morris…
Inside a 24-hour ‘vibe coding’ hackathon–here are my biggest takeaways
CNBC correspondent Ernestine Siu attended an AI hackathon. Courtesy of Ernestine Siu I like to spend most of…
IBM Q3 2025 earnings report
Chairman, President and CEO of IBM Arvind Krishna attends the 55th annual World Economic Forum meeting in Davos,…
He ‘is trying to kill NASA!’
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition…