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Breaking News: Technology

Broadcom (AVGO) earnings report Q4 2024

by Sipho Sepamla
Broadcom (AVGO) earnings report Q4 2024

Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom reported better-than-expected fourth-quarter earnings on Thursday and said artificial intelligence revenue for the year more than tripled. The chipmaker’s stock ticked …

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ServiceTitan starts trading on Nasdaq after IPO

by Sipho Sepamla
ServiceTitan starts trading on Nasdaq after IPO

ServiceTitan shares popped 42% in their Nasdaq debut on Thursday after the provider of cloud software to contractors raised around $625 million in its initial public offering. The company, trading …

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Adobe shares plunge 13% on disappointing 2025 revenue guidance

by Merchant Moller
Adobe shares plunge 13% on disappointing 2025 revenue guidance

Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor of the New York Stock Exchange on Feb. 20, 2024. Brendan Mcdermid | Reuters Adobe shares fell …

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Here’s how Google’s quantum computing breakthrough could be good news for Honeywell

by Merchant Moller
Here’s how Google’s quantum computing breakthrough could be good news for Honeywell

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. The S & P …

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Email security startup Sublime raises $60 million

by Sipho Sepamla
Email security startup Sublime raises  million

Across the world, companies rely on Microsoft and Google to administer email accounts for employees. Keeping all those mailboxes secure, however, is a business opportunity. Proofpoint went public in 2012, …

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ServiceTitan prices at $71, above expected range

by Sipho Sepamla
ServiceTitan prices at , above expected range

Vahe Kuzoyan, left, and Ara Mahdessian, the founders of ServiceTitan. ServiceTitan ServiceTitan, a provider of cloud software to contractors, priced its IPO at $71 a share on Wednesday, above the …

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SpaceX valuation surges to $350 billion as company buys back stock

by Mark McDuffie
SpaceX valuation surges to 0 billion as company buys back stock

SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is launched on its sixth test at the company’s Boca Chica launch pad in Brownsville, Texas, on Nov. 19, 2024. …

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Alphabet and Tesla reach fresh records, joining Amazon and Meta

by Sipho Sepamla
Alphabet and Tesla reach fresh records, joining Amazon and Meta

Tech stocks on display at the Nasdaq. Peter Kramer | CNBC Alphabet and Tesla climbed to fresh records on Wednesday, closing at all-time highs alongside Amazon and Meta as the …

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Meta’s Facebook, Instagram go down due to ‘technical issue’

by Sipho Sepamla
Meta’s Facebook, Instagram go down due to ‘technical issue’

Mark Zuckerberg, CEO of Meta Platforms, during the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta’s family of …

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Tesla reaches record, boosted by 64% pop since Trump election victory

by Nevil Nickel
Tesla reaches record, boosted by 64% pop since Trump election victory

U.S. President-elect Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket in Brownsville, Texas, on Nov. 19, 2024. Brandon Bell | …

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