- Apple remains Buffett's biggest public stock holding, but his thesis about its moat faces questionson May 4, 2024 at 1:54 pm
Berkshire Hathaway has been amassing a stake in Apple since 2016, and now owns about 6% of the iPhone maker.
- Apple stock has best day since 2022 after earnings beat, $110 billion stock buybackon May 3, 2024 at 8:15 pm
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.
- Binance co-founder Zhao set to keep on growing his $33 billion fortune even as he heads to prison for four monthson May 3, 2024 at 5:52 pm
Binance founder Changpeng Zhao expected to see his $33 billion personal fortune continue to climb while he's in prison.
- AI engineers report burnout and rushed rollouts as 'rat race' to stay competitive hits tech industryon May 3, 2024 at 2:42 pm
AI workers across the tech industry told CNBC that the pressure to roll out features and products at breakneck speed has come to define their jobs.
- Coinbase reports first-quarter revenue beat after bitcoin rally leads to surge in profiton May 3, 2024 at 2:05 pm
Coinbase's quarterly results follow a big jump in the price of bitcoin from a year earlier, though the rally has stalled of late.
- Apple's falling iPhone sales don't bother Wall Street so long as margins, buybacks are increasingon May 3, 2024 at 11:48 am
Apple shares jumped after the company's earnings report on Thursday even though iPhone sales dropped more than expected.
- Don't rate Tesla's Full Self Driving too highly, tech investor says: 'By no means autonomous driving'on May 3, 2024 at 5:26 am
A top fund manager focusing on tech says Tesla's Full Self Driving product lacks qualities that would make it an example of truly "self-driving" technology.
- Block shares jump on better-than-expected first-quarter resultson May 2, 2024 at 11:31 pm
Block's earnings report comes during a slide in the stock price tied to reports that U.S. prosecutors were probing the company's compliance practices.
- Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10%on May 2, 2024 at 11:11 pm
Apple CEO Tim Cook told CNBC that quarterly sales suffered from a difficult comparison to the year-earlier period.
- Democratic senator aims at Amazon's labor practices with first federal bill regulating quotason May 2, 2024 at 8:00 pm
The bill seeks to regulate productivity quotas used by warehouse employers, including Amazon.
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