Technology -

Technology

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Technology

AMD plummets 8% in premarket trading despite beating expectations

TazaPulseAugust 5, 2026

AMD‘s stock plunged on Wednesday despite posting earnings that beat expectations, as investor enthusiasm for the Nvidia challenger waned. The stock was last down 8.2% in premarket trading. The market jitters come despite AMD revenue climbing 50% to $11.54 billion in the second quarter, ahead of analyst expectations of $11.28 billion, in a sign of...

Technology

SpaceX dives 10% after AI spending surge rattles investors

TazaPulseAugust 5, 2026

A live feed shows SpaceX CEO Elon Musk on the day of SpaceX’s initial public offering (IPO) at the Nasdaq MarketSite, in New York City, U.S., June 12, 2026. Jeenah Moon | Reuters SpaceX shares plunged on Wednesday after a surge in AI spending rattled investors and clouded an otherwise expectation-beating quarter. The stock was...

Technology

The Stoxx 600 just hit a record high – here’s what’s driving the pan-European index

TazaPulseAugust 5, 2026

A balcony above a trading floor inside the Euronext NV stock exchange in Paris on March 13, 2023. Nathan Laine | Bloomberg | Getty Images The Stoxx 600 touched a record high on Tuesday, closing 0.7% higher at 656.86 points. Europe’s headline index tracks 600 large, medium, and small capitalization companies across 17 European countries,...

Cramer says one hedge fund’s collapse cleared the way for tech’s rally

TazaPulseAugust 5, 2026

CNBC’s Jim Cramer said Tuesday the biggest obstacle to technology stocks has finally been removed. “Ever since we found out that Leopold Aschenbrenner’s hedge fund, Situational Awareness, blew up last week, we’ve seen tech stocks flying all over the place, unleashed, unbound and roaring higher, catapulted by the lack of sellers of any size,” the...

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Asian tech rally, SK Hynix, Samsung, Advantest

TazaPulseAugust 5, 2026

CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Asian technology stocks surged Wednesday after a strong Wall Street rally overnight that saw robust corporate earnings and easing...

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China pounces after hack on Apple’s Indian supplier Tata Electronics

TazaPulseAugust 4, 2026

The recent cyber breach at Indian Apple supplier Tata Electronics has become propaganda gold for Beijing, as leaders vie to keep international companies locked into China‘s supply chains. “Something like this would never happen in China,” said Ma Shouhua, an iPhone repair specialist in China’s biggest electronics marketplace, Huaqiangbei. Ma recently posted a viral video...

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Jim Cramer weighs next move after massive rallies in two tech stocks

TazaPulseAugust 4, 2026

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 Tuesday’s key moments. 1. Stocks rose Tuesday as strong corporate earnings and easing tensions in the Middle East sent the S & P 500 and Dow Jones Industrial Average to all-time intraday highs....

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NJ files antitrust suit against Amazon on delivery contractor control

TazaPulseAugust 4, 2026

A worker unloads boxes from an Amazon delivery van in San Francisco on Oct. 24, 2024. David Paul Morris | Bloomberg | Getty Images New Jersey Attorney General Jennifer Davenport announced on Tuesday that she’s suing Amazon on antitrust grounds, alleging the online retailer abuses its power over third-party delivery contractors to suppress competition and...

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5 things to know before the stock market opens Tuesday

TazaPulseAugust 4, 2026

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. If you’re feeling inflation’s pinch, you’re not alone: Manufacturing sector managers are comparing current pricing volatility to the Covid pandemic era. Stock futures are rising this morning as investors look to build on Monday’s gains. Here are five key things...

SpaceX (SPCX) Q2 2026 Earnings Report: Live updates

TazaPulseAugust 4, 2026

SpaceX reports fiscal second-quarter results after the bell on Tuesday, the company’s debut earnings report following its record IPO in June. Here’s what analysts are expecting, according to LSEG. Revenue: $6.93 billion Earnings per share: Loss of 26 cents The company’s reported earnings — or loss — per share may not be comparable to the...