The logo of Japanese company SoftBank Group at the company’s headquarters in Tokyo on Nov. 21, 2025. Kazuhiro Nogi | AFP | Getty Images SoftBank Group plunged more than 11% on Friday, leading a broad selloff in Asian technology stocks, amid mounting concerns over the rising cost of artificial intelligence infrastructure. The Japanese conglomerate led…
On Semiconductor has agreed to buy Synaptics in a nearly $7 billion all-stock deal to bolster its push into physical artificial intelligence technology. The Arizona-based company said the deal will give its total addressable market a $30 billion boost to $243 billion by 2030 and strengthen its intelligence systems portfolio. It’s also the company’s largest…
Apple shares took a big hit Thursday after the company announced bigger-than-expected price hikes on its MacBooks and iPads. It’s a bump in the road — but one that the tech giant is well-equipped to handle. The stock had its worst single session in more than a year, falling more than 6%, as management made…
Fairgoers play at the Xbox booth at the Cologne Trade Fair Center during the opening day of Gamescom 2025 in Cologne, Germany, on Aug. 20, 2025. Ying Tang | Nurphoto | Getty Images Hours after Apple announced price increases for MacBooks and iPads, Microsoft said consumers can also expect to pay more for Xbox game…
GameStop Chairman Ryan Cohen. CNBC GameStop CEO Ryan Cohen reminded Wall Street this week that he’s still serious about buying eBay. But he still didn’t make clear how he can do it. The video game retailer, which became the world’s most famous meme stock in 2021, said Tuesday that its board granted a request from…
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. Stocks were volatile Thursday as investors weighed another blockbuster quarter from Micron against the negative impact that surging memory-chip prices will have on the companies buying them. Micron jumped…
Michael Saylor’s Strategy should pause its bitcoin purchases, rebuild its cash reserves and develop a disciplined strategy for buying the flagship cryptocurrency, according to a CryptoQuant report. “Strategy should develop a systematic, fundamental-driven approach to bitcoin purchase timing rather than buying whenever capital is available,” Julio Moreno, head of research at the analytics firm, said…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. The personal consumption expenditures price index — aka the Federal Reserve’s favorite inflation gauge — is due out at 8:30 a.m. ET. The report is even more important following the Fed’s interest rate decision last week. Stock futures are higher…
Apple on Thursday announced price hikes on MacBook and iPad, its first formal move to pass higher memory and storage costs on to consumers after CEO Tim Cook said increases had become unavoidable. Here are the latest changes from Apple: MacBook Neo entry $599 increasing to $699 MacBook Air 512GB $1099 increasing to $1299 MacBook…
As the New York Knicks clinched their first championship in 53 years and the NBA notched its highest Finals series ratings since 1998, professional basketball was inking another record. The five-game series between the Knicks and the San Antonio Spurs generated “15 billion views and counting on social media, the most ever for an NBA…