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Breaking News: Technology

Here’s why we’re bullish on this mega-cap stock and cautious on this health name

by Akin Smith
Here’s why we’re bullish on this mega-cap stock and cautious on this health name

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 Monday’s key moments. Earnings and inflation Watch J …

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China hits Alibaba affiliate Ant Group hit with $985 million fine

by Edgar Davis
China hits Alibaba affiliate Ant Group hit with 5 million fine

Regulatory scrutiny forced Hangzhou-based Ant Group to abruptly suspend its massive IPO plans in 2020. Vcg | Visual China Group | Getty Images China’s central bank hit Alibaba affiliate Ant …

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China’s new EV subsidies might not be enough to bolster slowing growth

by Horatio Thompson
China’s new EV subsidies might not be enough to bolster slowing growth

Cadillac advertises for its electric car in Shanghai on May 23, 2023. A traffic police woman stands below. Hugo Hu | Getty Images News | Getty Images BEIJING — Subsidies …

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Dodge, Ram top Tesla, Volvo

by Horatio Thompson
Dodge, Ram top Tesla, Volvo

The 2023 Alfa Romeo Tonale. Alfa Romeo New vehicles are becoming more troublesome, due in part to new technologies including safety systems, according to the 2023 edition of J.D. Power’s …

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Alibaba shares rise after Chinese regulators fine Ant Group

by Ron Morgan
Alibaba shares rise after Chinese regulators fine Ant Group

Alibaba’s Hong Kong-listed shares jumped 4% on Monday morning. Qilai Shen | Bloomberg | Getty Images Stock Chart IconStock chart icon Performance of Alibaba’s Hong Kong-listed shares In March, Alibaba …

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Tesla bull downgrades EV maker, cites high valuation after rally

by Horatio Thompson
Tesla bull downgrades EV maker, cites high valuation after rally

Morgan Stanley analyst Adam Jonas thinks Tesla’s recent rally disproportionately reflects artificial intelligence excitement around the stock. The longtime Tesla bull downgraded shares of the electric-vehicle maker to equal weight …

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Microsoft CFO Amy Hood warned employees not to ‘build a gold toilet’

by Edgar Davis
Microsoft CFO Amy Hood warned employees not to ‘build a gold toilet’

From left, Tim Stuart, chief financial officer of Xbox at Microsoft; Phil Spencer, Microsoft’s CEO of gaming; and Microsoft finance chief Amy Hood arrive to court in San Francisco on …

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Ron Baron says Tesla shares will hit $500 in 2025

by Horatio Thompson
Ron Baron says Tesla shares will hit 0 in 2025

Tesla shares will hit $500 in 2025, longtime investor Ron Baron predicted Friday. He also reiterated his call that the electric vehicle maker will reach $1,500 in 2030 , a …

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Peter Thiel nonprofit apparently donated to left-leaning group

by Vera Ward
Peter Thiel nonprofit apparently donated to left-leaning group

A nonprofit group funded by Republican megadonor Peter Thiel appears to have donated $3 million to a group that has financed some left-leaning organizations and aligned with progressive elements of …

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Goldman in talks to offload Apple Card to American Express: Source

by Anas Siddiqui
Goldman in talks to offload Apple Card to American Express: Source

Goldman Sachs is in talks to offload its Apple credit card and high-yield savings account products to American Express, a source told CNBC’s Leslie Picker. Goldman Sachs, Apple and American …

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