Tech
SoftBank stares at over $50 billion in weekly losses after stock drops 8% as investors sour on AI plays
The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | ReutersShares of...
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AI startup Metropolis, biggest parking lot operator in U.S., raises $1.6 billion for major retail expansion
Metropolis, which uses AI and computer vision to identify vehicles and take parking lot payments without any physical transaction, has...
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Chinese autonomous driving firm Pony.ai sees shares drop 14% in Hong Kong debut
A Pony.ai autonomous car.Pony.aiChina's Pony.ai on Thursday saw its shares drop over 14%, while rival WeRide fell nearly 12% as...
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Snap shares rocket 15% on strong forecast, $400 million Perplexity deal
Snap shares climbed 15% on Wednesday after the company issued its third-quarter earnings, reporting revenue that beat analysts expectations and...
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Taser maker Axon plunges 11% after earnings fall short due to tariff hit
Rick Smith, CEO of Axon Enterprises.Adam Jeffery | CNBCAxon Enterprise's stock plummeted 11% after the Taser maker missed Wall Street's...
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Chinese EV maker Xpeng to launch robotaxis, humanoid robots with self-developed AI chips
Chinese EV company Xpeng showed off its newest humanoid robot in Guangzhou on Nov. 5, 2025.CNBC | Evelyn ChengGuangzhou, CHINA...
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AMD reports better-than-expected results but margin guidance only meets estimates
AMD CEO Lisa Su speaks at a Senate Commerce, Science, and Transportation Committee hearing in Washington on May 8, 2025....
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IBM cutting thousands of jobs in the fourth quarter
Arvind Krishna, CEO of IBM, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday,...
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Behind the wave of white-collar layoffs: Old-school cost cutting, tariffs and, yes, AI
Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for...
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HSBC, General Atlantic CEOs flag AI capex-revenue mismatch, ‘irrational exuberance’
HONG KONG, CHINA - 2025/03/01: In this photo illustration, Artificial intelligence (AI) apps of perplexity, DeepSeek and ChatGPT are seen...
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