All hail Anthropic, the destroyer of everything. What an amazing service. It can wipe out Adobe by allowing you to design something better that has a much simpler commerce system, designed personally for you. That one is child’s play. ServiceNow may call itself the “AI Control Tower” to signify who is in charge, but the … Read more
Nikolas Kokovlis | Nurphoto | Getty Images Elon Musk’s xAI, which merged with SpaceX last week, is facing increased pressure from environmental and civil rights groups over pollution concerns, this time at the company’s facility in Southaven, Mississippi. On Friday, the Southern Environmental Law Center and Earthjustice, on behalf of the NAACP, sent a notice … Read more
Shares of Roku jumped 8% on Friday after the video streaming company posted fourth-quarter results that trounced analysts’ expectations and offered strong guidance. Here’s how the company did based on analysts’ estimates compiled by LSEG: Earnings per share: 53 cents vs. 28 cents Revenue: $1.39 billion vs. $1.35 billion “The biggest driver of our subscriptions … Read more
Ring security cameras are displayed on a shelf at a Target store on June 01, 2023 in Novato, California. Justin Sullivan | Getty Images Ring is terminating its partnership with police tech provider Flock Safety, the Amazon-owned company announced Thursday. The partnership between Flock and Ring came under scrutiny after the Amazon doorbell company ran … Read more
Amazon Web Services CEO Matt Garman suggested that investors might be worrying too much about the risk of artificial intelligence models slowing the growth of major software companies. “Look, my own opinion is that much of the fear is overblown,” Garman told CNBC’s Jon Fortt on Thursday. Technology stocks have sold off this year following … Read more
Rivian Automotive on Thursday beat Wall Street’s fourth-quarter expectations and said it’s targeting a significant increase in vehicle deliveries this year, but the automaker also cautioned that it will continue losing money as it launches its crucial R2 next-generation vehicle. Rivian’s 2026 guidance includes increasing vehicle deliveries to between 62,000 and 67,000 units, which would … Read more
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 11, 2026. Brendan McDermid | Reuters The S&P 500 fell on Thursday as investors continued to shift away from technology names toward those more poised to benefit from a growing U.S. economy. The broad market index dropped … Read more
Magnificent 7 tech stocks on display at the Nasdaq. Adam Jeffery | CNBC While the prospect of a SpaceX initial public offering and the hopeful listings from OpenAI and Anthropic have juiced IPO excitement on Wall Street, the current action in tech capital markets has nothing to do with equity. Rather, it’s all about debt. … Read more
Cisco CEO Chuck Robbins appears at the World Economic Forum in Davos, Switzerland, on Jan. 21, 2026. Krisztian Bocsi | Bloomberg | Getty Images Cisco reported better-than-expected quarterly results on Wednesday, but the stock dropped about 7% in extended trading as earnings guidance for the current period only met estimates. Here’s how the company did … Read more
The Washington Post headquarters in Washington, DC, US, on Wednesday, Jan. 14, 2026. Graeme Sloan | Bloomberg | Getty Images Washington Post publisher and CEO Will Lewis is leaving the newspaper, the company announced on Saturday after carrying out widespread layoffs this week. “During my tenure, difficult decisions have been taken in order to ensure … Read more