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The Tech Download: Defense startups eye Iran war windfall as U.S. and Gulf states turn to tech
Funding for defense startups has ballooned in recent years as militaries scramble to modernize.
Japan's Sakura Internet jumps 20% as Microsoft plans $10 billion AI push with SoftBank
Microsoft said it plans to invest $10 billion in Japan between 2026 and 2029 to build AI infrastructure.
Chinese chip firms hit record high revenue driven by the AI boom and U.S. curbs
Chinese chip companies have benefited from strong domestic demand for AI as U.S. tech curbs have bolstered local firms.
Microsoft executive touts Copilot sales traction as AI anxiety weighs on stock
Analysts have said adoption of the $30-per-month Microsoft 365 Copilot is in the early stage.
Coinbase clears key regulatory hurdle in bid to bolster its stablecoin business
Coinbase has received conditional approval from the U.S. Office of the Comptroller of the Currency to operate as a trust bank, the company said Thursday.
OpenAI acquires popular tech podcast TBPN
OpenAI did not disclose the terms of the deal but said TBPN will be housed within its strategy organization.
Amazon to add 3.5% fuel and logistics surcharge for sellers as Iran war drives up energy prices
With the war in Iran now in its fifth week, Amazon said it's adding a 3.5% fuel and logistics surcharge for third-party sellers in the U.S. and Canada.
Tesla's stock drops more than 4% on disappointing deliveries report
Tesla is coming off a year of declining deliveries due in part to increased competition from rivals in China offering lower-cost models.
Tesla's stock drops more than 4% on disappointing deliveries report
Tesla is coming off a year of declining deliveries due in part to increased competition from rivals in China offering lower-cost models.
Family offices stall deal-making during Iran conflict
While global uncertainty has weighed on deal count, family offices and corporate investors are still piling into megadeals.
Family offices stall deal-making during Iran conflict
While global uncertainty has weighed on deal count, family offices and corporate investors are still piling into megadeals.
Trump's address, SpaceX IPO, Sam's Club membership prices and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Trump's address, SpaceX IPO, Sam's Club membership prices and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Globalstar stock surges 15% on report Amazon is weighing an acquisition
A deal with Globalstar could bolster Amazon Leo, the company's nascent internet-from-space service, which has about 200 satellites in orbit.
Five key questions Apple faces entering its second half-century
As Apple turns 50, the iPhone maker faces questions about succession, its role in AI and whether it can maintain a premium brand.
SpaceX confidentially files for IPO, setting stage for record offering
Elon Musk's SpaceX is reportedly targeting a valuation of around $1.75 trillion in its forthcoming IPO.
Franklin Templeton acquires digital assets investment firm in active crypto management push
Franklin Templeton has agreed to buy 250 Digital, which will join the newly established unit Franklin Crypto, as the firm deepens its digital assets push.
Intel shares jump 10% after buying back Ireland chip fab in sign of renewed strength
The semiconductor company will now wholly own Fab 34 after spending $14.2 billion to repurchase the 49% stake it sold to Apollo Global Management two years ago.
Oracle layoffs will help cost savings, analysts say
Oracle plans to cut thousands of jobs which will free up cash flow as the company aggressively invests in its AI data center buildout.
Iran threatens Nvidia, Apple and other tech giants with attacks
Iran's Revolutionary Guard has warned a number of tech companies with Middle East operations that they'll be considered "legitimate targets."
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